Data Economy Rewind. 2018’s Top 5 most read news in the Mid…
For the last 18 days of 2018, Data Economy will be looking at what you have been reading and watching the most on the website. From news and features to videos and lists, 2018 has been a year of unprecedented amounts of content on data centres, cloud and edge computing, especially within the finance and investment space.
Shock in the Valley. Equinix CEO Steve Smith leaves company over ‘poor judgment’ on staff matter
The world of data centres was rocked by the sudden resignation of Steve Smith as CEO of Redwood City-headquartered Equinix (Nasdaq: EQIX) back in January.
Smith also resigned from the board of directors of the company “after exercising poor judgment with respect to an employee matter”, the company explained in a statement.
A spokesperson told Data Economy at the time: “Steve exercised poor judgment with respect to an employee matter. As a result, he submitted his resignation to the company. We are not disclosing further details of the situation.”
Global Switch sells another quarter of the company for $2.77bn
Data centre services provider Global Switch has sold a 24.99% stake to Strategic IDC Limited for a price tag of $2.77bn.
The payment comprises $2.37bn for the shares in Global Switch and a further amount of $395.6m to Aldersgate Investments Limited, a Reuben Brothers company which jointly control Global Switch together with Elegant Jubilee Limited and Strategic IDC.
The transaction follows recent acquisitions into Global Switch by Elegant Jubilee Limited, a consortium of institutional and private investors from Asia.
US consortium to build six new powerful data centres in Norway and Finland
A US-headquartered consortium of companies is planning to build six data data centres across Norway and Finland, which promise to be among the greenest available on the market.
Each facility being built by the Silent Partner Group of Companies is to have minimum capacity of 250MW, so their combined capacity would put the data centre network at the top end of the market going by power.
The companies says they will design, build and operate the data centres through two new joint ventures in the form Power Systems Group Norway (PSGN) and Asgard Development Group (ADG), which are both based in Fredrikstad, Norway.
Oracle to open 12 data centres in bid for ‘most autonomous technologies in the world’
Oracle has unveiled the largest data centre expansion of the year so far with plans to open 12 new data centres across Asia, Europe and North America to support the growth of its cloud business.
The regional expansion of Oracle’s cloud footprint will include locations in Asia including China, India, Japan, Saudi Arabia, Singapore, and South Korea; Europe including Amsterdam and Switzerland; and North America including two in Canada and two new US locations to support U.S. Department of Defense workloads.
Tesla, Apple, Google, Amazon, GM world’s best positioned for edge computing race (at least for now)
Devices like Amazon’s Alexa, Apple’s iPhone or Tesla’s cars are the very best examples of not only edge but the different sorts of edge, according to a new report by Guggenheim, “AI at the Edge: Cloud Conduits & Edge Computing”.
Analyst Robert Cihra wrote in the document that vertically-integrated hardware and software vendors best positioned for edge computing at least early on include Amazon, Apple, Tesla, Alphabet’s Waymo and GM.
He said: “We think edge computing looks like the incremental growth opportunity, increasingly necessary to overcome cloud overhead in latency and bandwidth, to enable billions of new IoT end-points and real-time local AI/ML for autonomous systems.”
60% of global colocation revenues come from JUST 20 data centre destinations
Data centres are being built all over the world, however, 59% of global revenues from wholesale and retail colocation come from just 20 metro areas in North America, Europe and APAC.
According to Synergy Research Group, of those 59%, 26% come from the world’s top five metro areas alone including Washington, New York, Tokyo, London, and Shanghai. The think tank ranked the cities by revenue generated in Q3 2017.
The next 15 largest metro markets account for another third of the worldwide market. Those top 20 metros include ten in North America, four in the EMEA region and six in the APAC region. Across the 20 largest metros, retail colocation accounted for 72% of Q3 revenues and wholesale 28%.
CyrusOne signs novel Dutch deal to build Europe’s biggest data centre campus
CyrusOne (Nasdaq: CONE) has struck a deal with Agriport A7 for the development of hyperscale data centres in Middenmeer, the Netherlands. Under the terms of the agreement, CyrusOne will have the option to purchase up to 33 hectares of land, in parcels as demand dictates, to build a 270MW master-planned multi-data centre campus.
The land is located on Agriport A7’s 1,000 hectare business park campus around 40km north of central Amsterdam, and boasts access to the significant future power necessary to support the planned data centre campus. It is already home to two major hyperscale data centre developments.
Colt ready to invest in data centres in India and Singapore
Colt Data Centers is currently in the early stages of deployment of different data centre construction projects in Singapore and India.
The expansion has been disclosed by Quy Nguyen, VP of global accounts and solutions at Colt, whilst speaking to Computer Weekly.
The expansion into the two markets echoes what the data centre business arm CEO of Colt, Detlef Spang, told Data Economy in October 2017, when ten new facilities were under planning for Europe and Asia.