Iron Mountain has signed a 27-megawatt lease for a new data center in Frankfurt, serving notice that it has joined the top tier of developers that can provide capacity to the largest clients.
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.
STACK Infrastructure has bought land for a data center campus in Avondale, Arizona, which could reach 1 million square feet of build-out. It’s the latest in a cluster of data centers around Goodyear.
Aligned will begin building a massive 120-megawatt data center in Northern Virginia, continuing a trend toward larger facilities to support rapid cloud growth.
KKR is the latest marquee investing firm to enter the data center industry, forming Global Technical Realty (GTR) to develop more than $2.5 billion in data centers across Europe in the coming years.
Amid soaring demand for digital infrastructure, data center developer Aligned has increased its secured credit facility to $575 million, citing “consistently strong” customer demand.
Compass Datacenters has bought property for a new data center campus in Toronto, and plans to invest $100 million in the first phase of development.
Vantage Data Centers is continuing its expansion into European markets with a definitive agreement to acquire Next Generation Data (NGD), a massive data center facility in Cardiff, Wales.
Use of Microsoft’s cloud services is soaring amid the COVID-19 pandemic, with usage increasing as much as 775 percent in regions implementing social distancing and shelter-in-place orders.
Aligned will add 30 megawatts of new capacity at its Ashburn data center, citing recent leasing success and strong demand in Northern Virginia. The expansion comes just five months after Aligned opened the site.
Digital Realty has leased 38 megawatts of data center capacity in Northern Virginia over the past five months, turning in a dominant performance in the largest and most competitive data center market.