The article discusses the acute need for data center space as demand continues to surge globally, with historic lows in vacancy rates being reported. Key industry professionals, such as Chris Opat of BackBlaze, emphasize that major markets are near full capacity, notably Northern Virginia, where nearly all future constructions are already contracted. Additionally, industry reports highlight significant investment trends by governments and corporations, yet some firms, like Microsoft, are restructuring their data center strategies, raising concerns about future availability and market stability.
"Suffice to say that the declining availability of data center space is not understated. The data center vacancy is declining year over year. It is at historic lows."
"All but 1% of the build that's scheduled for next year in Northern Virginia is under contract already... these are just cosmic circumstances that I don't think anybody could have foreseen, but they are real."
Collection
[
|
...
]