In our 20th Data Center Executive Roundtable, six data center authorities assess the accelerating market for hyperscale computing, and how developers, service providers and the supply chain can keep pace.
Insights and trends on hyperscale computing and data centers
A Hyperscale data centers is defined as when one tenant leases at least 10 Megawatts of data center space. Typically, the architectures are designed to provide a single, massively scalable compute architecture that can scale with demand. Hyperscale computing is necessary when a company needs to build a robust and scalable cloud, AI, or distributed storage system and is often associated with the infrastructure required to run global companies such as Facebook, Google, Microsoft and Amazon.
Facebook will invest $1 billion to add three huge data center buildings to its campus in Georgia. The construction project will add 1.5 million square feet of capacity.
STACK Infrastructure has lined up $325 million in low-cost debt to fund new construction, including a 32-megawatt data center in San Jose that has been fully pre-leased.
With its acquisition by EQT, EdgeConneX will have more resources to deliver capacity quickly, and in new places. It will also look to expand through acquisitions, says CEO Randy Brouckman.
Microsoft has acquired land in the fast-growing Dulles Cloud Corridor in Northern Virginia, paying about $1.4 million an acre for land zoned for data center use.
Facebook will invest $800 million in a new data center campus in Gallatin, Tennessee, about 20 miles north of Nashville. It is the company’s third new data center announcement since the COVID-19 pandemic began.
Digital Realty plans to build the world’s largest multi-tenant data center campus near Dulles Airport in Northern Virginia. The Digital Dulles campus will create 7.5 million square feet of new data center space in the world’s most active cloud market.
Amazon Web Services is continuing to expand in Northern Virginia, including a massive data center campus just south of Dulles Airport, which could add up to 2.5 million square feet of cloud computing capacity.
Colony Capital is leading an investor group that will invest $1.2 billion in Vantage Data Centers’ data centers, providing Vantage with capital to build more data centers.
CyrusOne has named veteran executive Bruce Duncan as its new President and CEO. Duncan has no direct experience in the data center industry, but 40 years of executive leadership across varied real estate asset classes.