Which companies own the most data centers? Amazon, Microsoft and Google collectively now account for more than 50 percent of the world’s largest data centers across the globe as the three companies continue to spend billions each year on building and expanding their global data center footprint to accommodate the high demand for cloud services.
Are data centers becoming obsolete? “Data centers become obsolete in five years or so. More and more businesses are outsourcing their data centers to the cloud. You have to evaluate the cost to redo it to accommodate.
How do data Centres make money? What do Data Centres do and how do they earn revenue? Data centre REITs typically build centres in key network locations, provide infrastructure for drawing power and cooling, then lease space or “racks” to customers wanting a reliable location to store and use their information infrastructure.
How profitable is a data center? While being built, a typical data center employs 1,688 local workers, provides $77.7 million in wages for those workers, produces $243.5 million in output along the local economy’s supply chain, and generates $9.9 million in revenue for state and local governments.