Digital Realty Trust Inc (NYSE: DLR) shares are trading higher after the company reported better-than-expected second-quarter revenue results yesterday. Additionally, the company announced it established a joint venture deal.
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How customers shop for a colocation provider
Colocation facilities can lift the burden of running internal data centre, but they’re not all created equal Credit: Dreamstime
For customers wanting to move assets out of the data centre but for whatever reason can’t shift to the cloud, a colocation, is increasingly a viable option.
Colo is where the client buys the compute, storage, and networking equipment but instead of putting it into their own data centres, they put them in the data centre of a hosting company. They still own and manage the hardware, but they don’t have responsibility for manage the facilities heating, cooling, lighting, physical security, etc.
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