With the digital transformation spend continuing to rise for businesses, interconnectivity has become increasingly important. Walsh said that without central oversight to provide an interconnectivity strategy, businesses risk making “sub-optimal decisions and leaving money on the table”. “Carrier neutral facilities (CNFs) play a key role in linking enterprises to digital services. CNFs allow interconnection between multiple telecommunication carriers, colocation services, hyperscale cloud services and the internet backbone. “A home to many multinational companies and large organisations, Ireland is a key market for FDI and international business,” he said.