The global data center colocation market, according to 451 Research, was estimated to be valued at around $36 billion by 2017. That is a lot of money for a single service and clearly displays how popular this invention had become.
Let’s look at the top three reasons why your today’s It leaders should consider colocation.
The first and foremost advantage of colocation is associated with the cost savings that it brings to companies. While servers are extremely important for business operations, caring for them is extremely costly. A huge expenditure amongst all is the electricity needed to power them; let alone the need to hire employees to ensure the machines are kept up and safe.
This is probably the most prominent reason numerous companies are looking to switch to colocation services to meet their computing needs. Sharing a single space means shared electricity cost and this is an incredible way to slim down your budget as well.
Besides, colocation service providers have staff that is highly-trained and on duty 24/7 to ensure the machines are safe and sound. This also allows your IT staff to be more focused on other productive tasks by freeing them up from maintaining the servers only. Colocation, in some way, allows you to pay less money to get more done.
Businesses do need to save money, and it is a very good thing but what’s more important is reliability. They need to ascertain that their services are available at all times as any disruption could end up being really costly.
The average network downtime incurs a loss of $5,600 every minute, concludes Gartner, a global research firm. This makes sense!
The phobia of downtime is what is pushing numerous businesses to get colocation services and all the so for good reasons. These services also offer disaster recovery plans and prepare organizations to deal with a disastrous situation, hence guaranteeing the uptime of your mission-critical services superior to what your company could have attained on its own.
It can be frustrating to scale up on your own because finding the space for new servers is difficult. The office of your company probably has a limited space and growth means more computing needs along with more employees. How will you find space to accommodate both of them? This is again where colocation plays its role.
With colocation, you can scale the operations of your company up or down to your satisfaction. If you have taken more business on board, get some more space. If you had a bad year and have a scarcity of server space, scale down. Colocation services are just about completely customizable, letting your computing processes to breed or shrink with your business.