The Data Center Grows Up

Carter Validus Mission Critical REIT II, Inc. Completes $64.47 Million in Data Center and Healthcare Acquisitions

The rise of big data plus energy and infrastructure costs are forcing change

THIS ARTICLE WAS PUBLISHED IN THE ‘Q’ – THE REGISTRY’S PRINT PUBLICATION – IN JULY 2012

By Robert Celaschi

[dropcap]B[/dropcap]ig data means big opportunity for business and other enterprises, but it also is giving rise to big challenges. For those in the construction industry, talk has turned to creating the next generation of data center to help handle the tsunami of potentially new intelligence.

Data is growing eight times faster than IT spending on a yearly basis, according to construction and engineering firm Skanska USA. Wal-Mart alone generates a million transaction every hour, or about 2.5 petabytes of data. But if a company wants to make money from all the info it gathers, data has to do more than just sit on a hard disk.

“If you have all this data out there, but you can’t search it, it is not as valuable,” said Jakob Carnemark, senior vice president of Skanska’s Mission Critical unit, which built large data centers for IBM in Foster City and eBay Inc.’s data center in Salt Lake City. “What social media companies are doing is putting their data on servers, so they can do very fast searches on it.”

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