Vantage Data Centers has acquired the hyperscale data center business from Hypertec in Montreal, expanding its footprint in the Quebec market to 81 megawatts of IT capacity across three campuses.
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.
Vantage Data Centers has raised $1.25 billion in equity funding from its current investors, led by Digital Colony. The funding reinforces the value proposition of building wholesale data center space for hyperscale customers, including the leading players in cloud computing and online commerce.
More than 373 megawatts of new wholesale data center construction is underway across major markets in the United States, according to a newly-published 2021 market outlook from CBRE.
Plans are underway for a $360 million data center project in the heart of Data Center Alley in Ashburn, Virginia, situated at the most connected point on the Internet.
Microsoft continues to expand its global data center infrastructure, buying land to add massive amounts of server capacity in key North American cloud hubs in Iowa, Northern Virginia and Phoenix.
Data center developers continue to deploy more capacity, as the digital economy races to keep pace with demand for more capacity due to pandemic-driven societal shifts. Here’s a roundup of this week’s development and finance news.
Data centers have provided an economic cushion for hard-hit county budgets in areas with clusters of cloud computing campuses. Data centers have been in growth mode, providing a bright spot as the pandemic has depressed revenues for state and county governments.
George Clement, Senior Application Engineer, from Intel, highlights a case study that shows the importance of data center management to gain greater insight into power demand, thermal efficiency, server utilization, and capacity planning in their HPC environment.
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.
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.