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Shift To Life Online Drives Data Centre Demand From Hyperscalers And Investors The rise in supply in London’s already mature data centre market is inspired by lockdown demand and new data-hungry devices from Apple, and games hubs like Xbox and Playstation. Linesight Managing Director Michael Riordan, whose consultancy is advising on 46 live data centre proposals across Europe, said demand is focused on larger providers the hypserscalers like Amazon, Google and Facebook because most of the UK’s data centre demand can be met from existing resources. “Big tech is building, although predominantly in Europe because land and power is cheap and abundant compared to the UK, so it s more cost-effective, Riordan said. But there are some large projects in and around London where operators are looking for 50MW of capacity or more. ....
Big data center providers continue to grow at a steady clip as more capital and resources flow into the fast-changing sector. Equinix and Digital Realty, two of the largest data center firms in the world, each reported their fourth-quarter results last week, showing consistent revenue growth despite the impact of the coronavirus pandemic on development timelines and countless enterprises across the world. “We believe we are well-positioned to continue to deliver sustainable growth . whatever the macro environment may have in store,” Digital Realty CEO Bill Stein said on a Thursday call with shareholders. Digital Realty reported $1B in revenue and $130M in bookings from October through December 2020, including $21M in smaller deals of 1 megawatt or less and $12M in interconnection services, which offer boosted connectivity to its customers. Digital Realty executives also acknowledged the rapidly changing competitive environment for data centers, with hyper ....