BroadGroup sees data centre demand

IT consultancy firm BroadGroup Consulting announced on Monday that it anticipates a constant demand for European data centers in the medium term and beyond.

Although many European capitals, and particularly London, have been hindered by meeting space demand, BroadGroup says there have been many new opportunities arising from the regions and special economic development zones across EMEA, where special investment is being made to attract IT, disaster recovery and business continuity specialists and market entry by REITs Specialists.

The IT consultancy firm will present at the forthcoming "Finance and Investment Forum -- Investing in Data Centres" taking place at the Cass Business School in London, UK on November 22. Steve Wallage, managing director of BroadGroup Consulting, says that new investment is occurring both from regions offering the space to new build data centers, and the market entry by REITs specialists and other new ventures.

"Space is a critical issue but power is the main problem, and if regions and special economic zones across EMEA are able to offer cost effective solutions to both issues, they will present compelling cases to investors," says Wallage. "Regional development bodies and investment companies are seeking to benefit from this issue, as are specific geographic authorities which can increasingly boast strong data center offerings. BroadGroup Consulting has helped many of these groups to benefit from this opportunity."

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