Massive movement of data from private, corporate servers to the cloud and a growing thirst for Internet of Things initiatives is pushing demand for data centers nationwide, according to a new report from JLL.
With data consumption skyrocketing, major cloud providers are anticipating the need to triple infrastructure by 2020.
“The data centers market is very fluid,” said JLL managing director Bo Bond, noting that data center portfolios are consolidating and rack densities are ascending rapidly. “Companies needed to start their strategic planning yesterday to have any prospect of staying ahead.”
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