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Credit Crunch Squeezing Data Center Space

miller60 (554835) writes | more than 4 years ago

The Internet 0

miller60 writes "Many companies have saved money by leasing wholesale "plug and play" data center space instead of building their own facilities. But the credit crunch has slowed the construction of new data centers, and analysts say this will create a shortage of data center space in 2010 in key markets like northern Virginia and Silicon Valley where demand exceeds supply. The situation is already becoming critical for companies with large space requirements, as indicated by a flurry of leasing recently in northern Virginia, where the remaining space may be quickly absorbed by government stimulus projects."
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