- Large data centers are now taking in excess of 30MW of electrical power
- Often public utilities are unable to accommodate greater server density and computing power
- Increased cooling demand is making existing data center mechanical systems obsolete and places greater importance on water availability, reliability and on-site water storage
- To avoid premature obsolescence caused by insufficient future power, data center users should demand scalable future power in order to protect their investment
- A 7.5kw rack requires electrical power exceeding 100 watts per sq. ft. to the data center area excluding mechanical load
- Key drivers of the demand are cloud computing, managed hosting, online gaming, social networking and streaming media
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- Current demand for data centers is up 7.5% while supply is up only 3.5%
- Shortages of data center space will be realized in 2010 and upward pricing pressure during 2011 and 2012
- Corporate America’s expanding demand for secure, robust locations to store and process critical electronic information, off-site IT operations and disaster recovery has increased dramatically over the past six years
- Existing data centers and older vacant data center properties are struggling to keep pace with developments in technology
- The average rental rate nationally for power-based shell space is $62 per sq. ft.
- The top data center markets in North America are Silicon Valley, New York, Northern Virginia, Dallas, Chicago & Los Angeles
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