IT leaders are encountering financial hurdles in constructing and operating their on-premises facilities. According to a recent survey conducted by the Uptime Institute
, the past two years have seen data center costs steeply rise due to supply chain struggles and increasing labor, power, hardware, and capital costs—and they’re not slowing down anytime soon.
All the while, data centers play a more important role than ever in everyday business operations due to the growing importance of data management, security, and storage. To combat the challenges faced by data center operators, colocation providers such as Evocative offer a comprehensive approach to managing these costs, while improving operations, governance, and security.
Let’s explore the Uptime Institute survey and ways colocation
providers can help address rising costs in this blog.
The process of building—and even upgrading—data centers involves more barriers to entry than ever before. Uptime cites “long waiting times for some significant components (such as certain engine generators and centralized UPS systems)” as key factors driving up costs.