The colocation industry started in the late 1980s and early 1990s when corporations were looking to outsource the facility side of the earliest data centers. Companies that had traditionally hosted their first switches, servers, tape storage, and mainframes in modified telco closets within their corporate offices, determined the amount of risk associated with managing the mechanical and electrical systems was detrimental to the operations of their corporate structure.
Today’s MTDC market is littered with large operators that are extremely well capitalized, and have international footprints and a multitude of service offerings from cloud to colocation to managed and other related services. As the demand continues to outpace supply as we approach the latter half of 2017, the MTDC market is buying and building at scale.