A November report by Tier1 Research found that the global multi-tenant data center market continues to grow. Demand increased 14% last year while data center supply was up only 6%. This demand/supply gap is projected to grow over the next 3 years. Despite a difficult economy, the Internet will continue to grow as a vehicle for service and application delivery, driving the demand for expanded data center space. Software as a service, managed hosting, social networking and streaming media will increase the demands for data center space and power.
The credit crunch, coupled with small and mid-size businesses’ reluctance to invest significant capital and operating expenses in private data centers, is also driving the demand for outsourced data centers and colocation. Rather than investing in the capital to build or expand an in-house data center to meet their IT needs, many companies are sharing data center space by co-locating with others in multi-tenant managed data centers.
In one of the states hit the hardest by the economic downturn, Online Tech is finding increased demand for its managed data center solutions. “In both periods of growth and periods of decline, there are business opportunities” said Yan Ness, CEO of Online Tech. “It’s when everything is flat, that I go sailing. Right now, all we see is opportunity.”
With the recent downturn in the economy, managed data center operators like Online Tech have found an unexpected wind toward their back, which they expect will make the sailing even better in 2009.
About Online Tech
Online Tech (www.OnlineTech.com) is the leader in secure and compliant hosting services including private cloud hosting, managed cloud hosting, hybrid cloud hosting, managed dedicated servers, disaster recovery and offsite backup services, and Michigan colocation. Online Tech’s legacy of independent HIPAA, PCI, SAS 70 Type II, SSAE 16 Type II (SOC 1), SOC 2, and SOC 3 audits and reports ensures the security, privacy, and availability expected of a trusted service organization. For more information, call (877) 740-5028 or email This e-mail address is being protected from spambots. You need JavaScript enabled to view it. .
