Data Centre Industry Update - 12th August - AA Euro Group Ltd.

Data Centre Industry Update – 12th August


Globally, we are seeing a surge in data centre activity. This surge is largely brought about by remote working as a result of COVID-19. This is a turning point for work-management structures and the data centre industry as a whole.

This seismic growth in online activity has created jobs in technology, engineering, construction and more as a result. Last week’s edition had a roundup of interesting developments, including the possible acquisition of Tik Tok’s US operations, a ServiceNow facility in Dublin and more.

Here are this week’s updates:

 

Update – 12th August 2020

  • While its US operations remain in doubt, Tik Tok has announced its first data centre in Europe, in Ireland. The €420 million investment will create hundreds of jobs and play a key role in safeguarding user data.
  • Facebook’s Henrico data centre is now live in Virginia, supporting jobs in the area and providing the architecture to bring Facebook and related apps to billions of users. The centre is 100% solar energy-supported.
  • Australian telecom company Telstra will sell its facility in Melbourne to property firm Centuria Industrial REIT for A$417.7 million,  including its 6.1-megawatt data centre.  The reason cited was to ‘strengthen’ their balance sheet.
  • Leading Edge Data Centre has started construction on a $19.6 million data centre in Mayfield West, Newcastle. This aligns with Newcastle’s Smart City Strategy Plan, is it will see the creation of 130 jobs in the region.
  • The Irish arm of US-based Nautilus Data Technologies has applied for €40 million in funding from the European Investment Bank to construct a flagship floating facility in Limerick.

If you would like to know more about these projects, follow our page for weekly updates or enquire with a member of our team at info@aaeuro.com or call us at 021 206 6078.