Industry Analysis & Industry Trends
The Data Centres industry has grown steadily over the past five years, underpinned by the increasing prominence of cloud computing. Industry operators provide electronic information storage services, such as cloud services, which enable users to upload, download, backup and access files and systems online. Cloud computing has enabled companies to reduce their storage and computing costs as it can be scaled up or down based on demand. This is in contrast with firms maintaining their own servers solely in-house, which involves considerable capital expenditure. As a result, outsourced data centre space has grown over the past five years, as cloud computing has provided users a more cost-effective option. Industry revenue is forecast to increase by an annualised 9.1%... purchase to read more
Industry Report - Starting a New Business Chapter
The industry exhibits high barriers to entry, given the capital investment required, difficulty in obtaining large contracts and the importance of having a favourable reputation. The industry's largest players have high levels of capital investment, which include server farms with incredible processing power. At the other end of the industry, there are many smaller companies performing some form of data storage outsourcing for smaller clients.
Over the past decade, basic industry equipment costs have declined, while providing faster processing power. Beyond the start-up capital costs associated with obtaining computers and servers, new entrants to the industry also have to obtain business contracts... purchase to read more