Quotes: MENA   Enter Symbol: NewsLetter: Search: advanced

Research Shows Switch from Operators to End-Users in the Data Centre Market  Join our daily free Newsletter

MENAFN Press - 07/05/2014
No. of Ratings : 0
Add to Mixx!



(MENAFN Press) New research just undertaken by GVA Connect, the data centre specialist division of property agents GVA, showed that the take-up of data centre space by end-users such as enterprises and government agencies was up by a massive 67 per cent over this time last year.

"We reported in February that Data Centre Operators had ramped up their acquisitions of data centre space to some 830,000 square feet," said GVA Connect director Charles Carden, "this new research shows that Operator commitments are now being rewarded with significant extra uptake of both co-location and wholesale data centre space by end-users.

"Total take-up (including operators and end-users) for the quarter to March 2014 remained comparable to the same period in 2013. Within that, the end-user volume transacted jumped from a total of 3MW in Q1/13 up to a total of 10MW in Q1/14. The average transaction was over 500kW" said Carden, adding that the team at GVA Connect is anticipating an increase in transactional activity from Q3/14 onwards, driven largely from the US.

The new GVA research showed once again that London, as a leading international data centre hub continues to account for the significant proportion of activity, Carden revealed that over 80% of total UK take up in Q1 was within the London Synchronous Locations (locations which deliver round-trip latency of under three milliseconds) with the remainder of uptake spread across the UK.

Said Carden, "this research indicates a healthy increase in overall data centre activity in the UK and continued occupier confidence following the noticeable increase in market enquires reported in Q4/13."

GVA Connect sees the trend for IT outsourcing as set to continue as corporate IT budgets are relaxed and occupiers seeks to secure capacity on a scalable, OpEx basis to accommodate future demand.

The 60 per cent increase in end-user uptake is of course good news for existing data centre operators and highlights the positive outlook for those data centres such as the Nottingham Portal recently added to GVA Connect's client list.

An existing 1.6 MVA data centre site with a number of revenue generating customers, 'Nottingham Portal' has significant potential for expansion “ all of which is fully consented.
Commenting on the Nottingham Portal, Carden said, "just one mile from Nottingham city centre, the site is centrally located in the UK and, having been originally developed by British Rail in the 1980s for its own IT needs, is alongside what was the British Rail National Fibre Network and as a result is extremely well connected."
Carden concluded, "Cloud service providers, technology and media-related requirements continue to dominate the market and we predict further success with both acquisitions and disposals on behalf of clients and a high activity year for GVA Connect as the leading data centre property agency."


About GVA Connect
GVA Connect

 


MENAFN Press




  MENA News Headlines
 Aug 28 2015 - UAE's DP World profits logs 22 percent growth in H1MENAFN
(MENAFN) Global marine terminal operator DP World declared a surge of 22 percent in its net profit in the first six months, recording USD405 million compared to USD322 million in 2014, plus total ...

 Aug 28 2015 - Oman's fiscal deficit to expand at 12 percent of GDPMENAFN
(MENAFN) Oman's very high economic dependence on gas sector is going to add pressure to the public finance in 2015-16, although it has an ongoing solid economic growth.Meanwhile, the country's fiscal ...

 Aug 28 2015 - Saudi's foreign reserves shrink down 0.5 percent in JulyMENAFN
(MENAFN) The world's largest oil exporter has begun issuing domestic debt aiming at covering part of a budget deficit cause by low oil prices, and the result was that the speed of deterioration in ...

 Aug 28 2015 - UAE cuts September petrol prices as global oil fallsGulf Times
(MENAFN - Gulf Times) The UAE cut petrol and diesel prices by between 8% and 9% for September, the second month during which the Middle Eastern country, Opec's fifth-largest oil producer, removed ...

 Aug 28 2015 - Algeria targets hidden $40bn amid ignored oil-price pleasGulf Times
(MENAFN - Gulf Times) Day and night, trucks trundle the 10 miles from Algiers port to the suburb of Semmar, where workers unload and stack goods that will feed into a vast black market.Merchants pack ...

 Aug 28 2015 - Egypt power choices appease public, but squeeze industryGulf Times
(MENAFN - Gulf Times) Far fewer Egyptians are complaining about the kind of power cuts that fuelled unrest in the past but government energy policies apparently focused on appeasing the public are ...

 Aug 28 2015 - Saudis seek guidance on economy as stocks gyrateGulf Times
(MENAFN - Gulf Times) Saudi plastic surgeon and stock-market investor Sami al-Harki is looking for help.Al-Harki already lost 40% on his shares, but doesn't want to sell before the Saudi government ...

 Aug 28 2015 - US- Short-handed Giants beat CubsGulf Times
(MENAFN - Gulf Times) Joe Bochy, a San Francisco Giants scout, is in town to help evaluate the club on this homestand. Maybe he can turn in a report on his kid brother, Bruce.When you win with a ...

 Aug 28 2015 - Jordan- Rania: Muslims must do more to counter ISGulf Times
(MENAFN - Gulf Times) Queen Rania of Jordan said yesterday that moderate Muslims were not doing enough to fight against IS militants and their "diabolical ideology". Speaking at a major French ...

 Aug 28 2015 - Abbas heats up Palestinian politics in PLO reshuffle bidGulf Times
(MENAFN - Gulf Times) President Mahmoud Abbas is acting to shake up Palestinian politics, with peace talks with Israel in deep freeze and unity efforts with Hamas Islamists who run the Gaza Strip ...

more...


 






Google

menafn.com

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country

Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Economic Calendar
Financial Glossary


Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2014 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help