US Data Center Market 2022 updated - Digital Journal

2022-07-01 12:39:55 By : Ms. ZSCMALLS ZHONGSHENCHUANG

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Data Center is the space dedicated for the computer systems for transmission & storage of data. Nowadays the data is one of the crucial asset of the world, as the technological advancement took place the data and information started to store on computer system, as the storage capacity increases the companies started to assign the dedicated room than building containing the storage server and device for keeping the data secure.

As the importance increases the hackers have started attacking their server and leak or lock their information for ransom.

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The complexity of data centres continuously increases and leads to a growth of a huge potential market which costs billions of dollars. The hunger of data storage of people continuously increased lead to the addition of cloud based data storage systems.

The various market growth and their technological advancement took place to facilitate the data centre industry like, cooling systems, data communication, connection system, storage capability, renewable energy, etc. Due to advancement, the Telecommunications Industry Association accredited by American National Standards Institute (ANSI)was formed in 1988 and Uptime Institute established in 1993. The data centre term originated when the dot – com boom came in the late 1990s, due to massive adoption and usage of the internet system.

Hyper scale data centres are prominent in the US, more than 45 hyper scale data centres are operational or under construction in the US by companies like Amazon, Facebook, Google, Apple, Digital Reality, QTS Realty trust, etc. South Eastern States like Virginia, North Carolina, South Carolina, Texas, etc. are the main attraction of installing the data center in the US because of strong network connectivity, use of renewable sources of energy and tax incentives.

As a sustainable activity going in the data center space Hyperscalers such as Amazon, Microsoft, and Google have made carbon-neutral commitments and have made significant investments in sourcing renewable energy for their facilities.

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In 2021 alone, the likes of ChinData, MTN, and IBM have made similar pledges to become carbon neutral before 2040.

The data center consumes a lot of energy for its infrastructure and equipment to run in proper manner, now the companies are trying new ways to save energy demand or to use renewable sources of energy for their functions to perform.

The COVID-19 pandemic is resulting in a massive increase in computing capacity demand in pharmaceutical companies and research institutions in the region, which focused for using HPC systems on a large scale to carry out calculations and simulations in the bioinformatics and epidemiology field in the shortest possible time, where the conventional computer systems can take several months or even years.

The COVID has affected the future plan and current manufacturing or establishing data center work, leading to decrease in the growth rate of data centres. During the lockdown this has also shown that the data center is very important for the current world to survive because of increased internet usage, sharing and saving files in the cloud.

Some companies like Facebook have slowed down the process of their new construction due to decrease in workforce and raw material during the lockdown. After the COVID the health care sector is expected to grow at a faster rate and the information of patients is needed to be kept online.

Data centres use huge amounts of concrete and steel, which are major sources of CO2, and as the sustainability gains from operational efficiencies dry up, firms will have to look to embodied carbon in the construction phase if they are serious about being climate neutral. Therefore, the modern green building movement has largely focused on reducing operational energy – the energy used to heat, cool, and power buildings.

CarbonCure reduces the emissions of the concrete industry, by injecting waste CO2 into the mix. It hopes to remove 500 megatons of carbon dioxide annually from the concrete industry by 2030. Compass Data Centres are a CarbonCure customer, with CIO Nancy Novak saying the company estimates an average of 1,800 tons of CO2 per campus as a result. Amazon and Microsoft have also invested in the company.

CyrusOne announced quarterly revenues of $284.6 million, up 11 percent year on year. Net income was $7.4 million, an 84 percent decrease. Adjusted EBITDA for the period was $141.9 million, an increase of 4%.

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