If you’re looking at your on-premises data center and thinking you should be pursuing alternatives to hosting all of your critical applications and data by yourself ... well, you’re not alone. Even in the midst of this pandemic, or perhaps because of it, the industry is seeing a significant increase in the number of companies that are outsourcing the care of some — or even all — of their information to third-party companies.
Omdia reports revenue for global colocation companies is expected to rise by more than 6%, reaching more than $40 billion annually within four years. 451 Research said “The leased data center model offers a place where infrastructure and services combine to better deliver applications and content by improving performance, bandwidth cost, and latency. These benefits have only become more important following the lockdowns resulting from COVID-19 and the need for video and other applications to work smoothly from home offices.” And an International Data Corp. (IDC) report from earlier this year noted that 55% of organizations believe a colocation provider can do a better job than they do in monitoring environmental conditions and power consumption in the whitespace.