With a significant number of companies expanding to serve their global client base, the Asia-Pacific (APAC) region is set to witness a strong growth in terms of data center and hosting services revenue. Against this backdrop, the market is estimated to reach around US$32bn by 2023, behind only to North America, says GlobalData, a leading data and analytics company.
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Major global data centre markets are seeing soaring construction costs as development in new and emerging hubs continues to heat up, according to research from global professional services company Turner & Townsend.
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Business Critical Solutions Group Limited (BCS), the specialist business dedicated to optimising digital infrastructure across the globe, has launched a German subsidiary business, in response to growing demand for its services in the region.
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The vast majority (92%) of debt and equity investors surveyed expect the overall value of investment into Europe’s data centre infrastructure to increase over the next 24 months, according to research commissioned by DLA Piper and published today.
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New facility will meet growing demand in city.
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The four largest European colocation FLAP markets of Frankfurt, London, Amsterdam and Paris are set for a record-breaking finish to 2019, with a supercharged last quarter, according to figures from CBRE, the world's leading data centre real estate advisor.
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