Data center News
The Booming Data Center Market: A Look At Hyperscale Spending As It Explodes To An All-Time High
Capital expenditure for hyperscale operators skyrocketed to a record $27 billion in the first quarter of 2018, up a whopping 80 percent year over year, according to new data from the IT research firm Synergy Research Group.
"2017 was a standout year for hyperscale capex, but 2018 has started out with some staggering numbers," said John Dinsdale, a chief analyst and research director at Synergy Research Group, in a statement. The research is based on 24 of the world's major cloud and internet service firms including the largest operators in Infrastructure-as-a-Service, Platform-as-a-Service, Software-as-a-Service, social networking and e-commerce.
Here's what you need to know about hyperscale capex spending in the first quarter and the companies leading the charge.