Industry Analysis & Industry Trends
The Data Centres industry has grown steadily over the past five years, underpinned by the increasing prominence of cloud computing. Still in its infancy, cloud computing is driven by the internet and all things internet-enabled. The adoption of a cloud computing model is used to achieve economies of scale, enhance information sharing speed and develop new services. Industry revenue is forecast to increase by an annualised 6.2% in the five years through 2013-14, to reach $475.4 million. This includes forecast growth of 5.0% in 2013-14.
One advantage of an online business is that the product or service on offer has a global reach. A... purchase to read more
Industry Report - Starting a New Business Chapter
Barriers to entry can be particularly low, given industry operators do not necessarily need to invest in their own infrastructure, but rather act as a wholesaler of server space and computing capacity. The industry's largest players will have enormous levels of capital investment, including server farms with incredible processing power. There are also many smaller companies performing some form of data storage outsourcing for smaller clients. As such, for those wishing to enter the industry at its bottom end, the barriers are not formidable.
Basic equipment costs are continuing to decline while providing faster processing power... purchase to read more