As technology continues to evolve, so does the need for the specialized real estate that accommodates the infrastructure that operates those systems.
Consolidation, the adoption of cloud services, edge computing and hybrid colocation are among the latest trends affecting the data center industry.
Business and organization survival rely on these critical facilities. Managing Principal and Mission Critical Solutions service line head Jason Shepard comments.
The rapid spread of COVID-19, and the public health measures taken to reduce its deadly impacts, have caused significant disruptions to global economic markets. Due to widespread business closures in America’s largest urban markets, and uncertainty over the duration and recovery of the pandemic, commercial real estate markets will face challenges in the coming years.
As a result of widespread layoffs, interrupted cash flow for businesses and the forced efficiency of work-from-home, many companies will conclude that they do not need the same amount of office space as they did before the pandemic began.
A lesson from Texas’ re-opening.