Lots of companies, both big and small, are now demanding colocation data center services like never before, and the numbers are increasing year on year. Throughout the world, the data center collocation market is expected to grow from its current value of around $13 billion, to a mind blowing $90 billion by the year 2024. That’s a huge increase, and there are a few reasons why it has grown so quickly, and continues to grow. Shared colocation, now allows companies to skip out on their initial investment in infrastructure, due to the fact that they would have to build their own facilities, and now they can opt to share these facilities with other businesses.
Due to the fact that they are sharing the services provided by the colocation data center, there is a massive cost reduction throughout many industries, and they still get to take advantage of additional things, like proper security, power costs that are much lower, and the hugely increased bandwidth. If you’re one of these businesses, that aren’t quite sure if collocation is the right choice for your business, then the following benefits of collocation, should help you to make up your mind.
- Massive cost savings – As mentioned briefly before, there will be no infrastructure investment on your part, because you are sharing the costs with other businesses. This is especially advantageous to smaller businesses, because they will have the facilities of a large IT department, with the minimum of expense. This allows for significant savings over time.
- Reduced downtime – When your company experiences an outage, it can cost you a significant amount of money, due to the downtime that will be experienced. However, colocation provides you with better bandwidth, better Internet connectivity, different power sources, cooling systems, and of course, security, and these all help to cut down on downtime, and help to make sure that the hardware is functioning properly.
- Better security – Colocation providers are investing in better security for their systems, with regards to both the physical infrastructure and cyber security. They provide an on-site IT support team, which is constantly checking the security, and making reports, if they notice any irregularities.
Businesses nowadays, need the ability to be flexible, and expand, should they need to. Collocation services will manage this growth. If your business changes to a colocation center, then there will be no managing of an individual on-site data center, and this gives you essential peace of mind, when it comes to your business.