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Data Center News > Blog > Design > Data Center News Roundup: New Global Projects, Financing Guide | DCN
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Data Center News Roundup: New Global Projects, Financing Guide | DCN

Last updated: February 23, 2024 9:13 pm
Published February 23, 2024
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With knowledge heart information shifting quicker than ever, we wish to make it straightforward for business professionals to chop by way of the noise and discover an important tales of the week.

The DCN Information Roundup brings you the newest information and developments throughout the info heart business – from investments and mergers to safety threats and business traits.

Associated: Semiconductor Development: Is Moore’s Regulation Lastly Useless?

To maintain updated with all issues knowledge facilities, subscribe to the DCN e-newsletter to get content material straight to your inbox.

Partnerships and Developments 

This week noticed a collection of high-profile knowledge heart improvement bulletins, with Equinix unveiling an bold $390 million enlargement plan in Africa. 

Associated: Is Rear Rack Cooling Proper For Your Information Heart Operations?

The Nasdaq-listed operator will make investments $390 million in Africa over the subsequent 5 years, constructing knowledge facilities and increasing present operations in South Africa and the west of the continent. 

Equinix can also be pursuing alternatives in East Africa and can probably spend extra to construct or purchase there, lately appointed managing director for South Africa, Sandile Dube, stated in an interview.  

Prime Information Facilities is hoping to construct a $1.3 billion knowledge heart campus in Caldwell County, Texas, the Austin Enterprise Journal reported. Officers are due focus on the proposal on March 12. 

Personal fairness agency Starwood Capital Group is investing $850 million in Echelon Data Centres. The transfer is geared toward permitting the operator to additional develop in Eire and the UK. 

Echelon at the moment has 140 MW of capability that’s both operational or in late-stage development, together with a totally pre-committed 91 MW hyperscale campus in Dublin. 

See also  AI-driven growth transforming data center front-end networks

Within the UK, Virtus Information Centres has introduced plans for a new campus in Saunderton, Buckinghamshire. The present design contains 4 knowledge centres able to delivering IT capability of 75 MW to fulfill the escalating demand from cloud and AI purposes.  

World Swap, in the meantime, has obtained full planning approval for its third London knowledge heart. As soon as full, the 27,000 sq.m London South facility will supply 40 MW of IT energy capability and complement the corporate’s current London East and London North knowledge facilities. 

Elsewhere in Europe, German Chancellor Olaf Scholz welcomed an announcement by Microsoft that it could make investments virtually $3.5 billion in Germany to develop its knowledge heart capabilities. In France, development agency Mercury has introduced the handover of Digital Realty’s PAR9 knowledge centre, marking a “important milestone” within the ongoing improvement of the operator’s Paris Digital Park. 

In Asia, Yondr Group has struck a deal with Japanese conglomerate Marubeni Company to carry a collection of information facilities to Japan. The brand new partnership will deal with supply of an preliminary 3 GW web site in western Tokyo with the intention of extra websites being added within the close to future. 

Information Heart Financing Information 

Amid the flurry of latest knowledge heart developments, there’s no higher time to leap into the world of knowledge heart financing. 

Financing any sort of enterprise enterprise will be sophisticated – rather more so than, for instance, financing the acquisition of a house. However in lots of respects, knowledge heart financing takes the cake with regards to complexity. 

See also  Why Subsea Cables are the Weak Link in Global Infrastructure

There are a number of approaches to structuring knowledge heart financing, and lots of variables to think about if you wish to keep away from lacking out on particular funding alternatives resembling sustainability incentives. 

Our primer on knowledge heart financing covers finest practices and methods to safe one of the best offers and alternatives. 

Outage Watch 

Julius Baer Group, Switzerland’s largest wealth supervisor, suffered a crash of its core banking system following a suspected knowledge heart difficulty that took companies offline. 

In keeping with a report from Bloomberg, the financial institution confirmed {that a} technical outage of its IT techniques late afternoon on February 16 meant some purchasers have been unable to make funds, commerce, or view their portfolios. 

Citing unnamed sources acquainted with the matter, Bloomberg stated the glitch at Julius Baer resulted from a problem between the financial institution’s IT techniques and an information heart that broke down. 

This newest monetary companies outage follows the extensively reported disruption at DBS Group Holdings and Citigroup in October final 12 months. 

About 2.5 million Singapore cost and ATM transactions couldn’t be accomplished throughout DBS Group Holdings and Citigroup’s outage due to an information heart malfunction. 

The Premise Stays 

And eventually, have you ever ever puzzled how ‘on-premise’ slipped into the tech lexicon? The time period is so widespread within the cloud and knowledge heart business that it’s straightforward to miss the truth that ‘on-premise’ is a grammatically inaccurate truncation of the time period ‘on-premises.’ 

And whereas the informal observer may query the significance of a single lacking letter, there are nonetheless some who marvel on the longevity and nice heights that ‘on-premise’ has achieved.  

See also  Five cloud providers operating under strict data legislation

For an business so targeted on precision, it’s curious that using ‘on-premise’ has change into so widespread. However when did this syllable-shortened various slip into frequent parlance? And does its ongoing utilization actually matter if the that means stays?

Take a deep dive into the ‘on-premise’ origin story to be taught extra. 

Different Nice Reads on DCK This Week 

Will AI Revolutionize Information Heart Infrastructure Administration? Possibly Not. Pleasure over AI in knowledge heart infrastructure administration (DCIM) is comprehensible, however operators should not financial institution on transformative modifications simply but. 

Methods to Optimize Your Information Heart Towards Ransomware Assaults. Listed below are measures you’ll be able to take past commonplace finest practices to guard your knowledge heart towards ransomware assaults. 

Microsoft Will Use Intel to Manufacture Dwelling-Grown Processor. Microsoft is seeking to safe a gradual provide of semiconductors to energy its knowledge heart operations. 

Information Heart Rental Increase Mitigating Property Write-Downs. Company property agency Segro says robust rental development within the warehouse and knowledge heart area is beginning to offset wider market challenges. 

US Awards $1.5bn for New York Laptop Chip Plant. Billion-dollar grant will assist GlobalFoundries construct a brand new semiconductor manufacturing facility to strengthen homegrown US {hardware} capabilities.

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Contents
Partnerships and Developments Information Heart Financing Information Outage Watch The Premise Stays Different Nice Reads on DCK This Week 
TAGGED: Center, data, DCN, Financing, global, Guide, News, projects, Roundup
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