You know there's money to be made from investing in data centres, when one of Singapore's most astute investors and tycoon Oei Hong Leong is throwing his weight behind a US$5 billion fund aimed at developing an ecosystem of data centres. These staid buildings, housing vast banks of networked computer servers that power the global economy, are now looking attractive to a broad spectrum of investors. What used to be a niche asset class is now almost mainstream real estate. While not the sexiest of businesses, data centres have become crucial infrastructure in an economy where data consumption and mobile penetration is steadily rising, businesses have gone digital, and everything is "in the cloud" ... Read more
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In this article, we analyze the effect of the coronavirus pandemic on data centres and global networks. We look at how the crisis is impacting supply, demand, new construction, and operations.
The Frost & Sullivan report indicates that the data centre market in India is predicted to expand at 9.9% CAGR (Compound Annual Growth Rate) from 2019 to 2024.
Given its uniqueness, tackling the impact of COVID-19 has been a gradual process for most businesses due to the lack of a set of metrics to help determine the full impact quickly and make response plans.