Picks-And-Shovels Play In A Tech Renaissance

More than 2.5 exabytes (that is, 2.5 billion gigabytes) of data are generated each day worldwide in the form of emails, documents, presentations, images, videos and voice recordings. Data centers serve as the backbone of systems that facilitate the swift transmission of this data 24/7 – a necessity in the digital age. In fact, demand has been outpacing supply in many top tier data-center markets.

In an effort to expand its presence in Australia, data-center REIT Digital Realty Trust (NYSE:DLR) recently announced the opening of the company’s fifth data center in Erskine Park, NSW. The latest expansion efforts in Sydney bring the company’s total investment in Australia to more than AUD $1 billion and raise its data-center footprint in the nation to six facilities. This is a significant move for DLR as Australia serves as a crucial market for not only the company’s Asia-Pacific business, but also its global operations as well. It’s joined by other foreign operators like Equinix, Fujitsu and DCI who are also growing […]

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