Report: Brexit Fear Casts Shadow Over London Data Center & Hosting Market
Uncertainty and market volatility will affect capital’s place as 'first choice' location, according to 451 Research.
The decision by UK voters to leave the European Union has created a period of uncertainty about the role of London in the multi-tenant data center and hosting markets, according to a new report by 451 Research.
“Historically, London has offered an ideal base for local, regional and international firms to provide colocation, hosting and cloud services to the rest of Europe,” said Rory Duncan, research director for European Services with 451 Research. “This status is now at risk — prompting some providers and their customers to consider other locations such as Frankfurt or Amsterdam for ease of doing business within the EU.”