Latest economy publications

The Netherlands is one of the top data centre markets for European investment, with expected investments of $4.5 billion USD through 2026. However, as hyperscale providers like Microsoft, Facebook, and Google look to expand their footprint in the region, they are increasingly met with protests by local grassroots organizations.

Craig Scroggie, NextDC CEO and MD, said that the new land was acquired in Sydney to support growth and demand in the NSW region.

The €2.5B expenditure will cover capital expenses, operating expenses, equipment imports and employee salaries through 2031. The expansion strategy in Spain is focused on the northern Aragon region and includes a plan to hire 1,300 employees across the new facilities.

Data centres are critical utilities, the almost invisible heart, lungs and nerve cells of the digital revolution, facilitating increasing general economic activity for the good of citizens – nationally and internationally. 

Investment in new tech by businesses is likely to increase despite uncertainty from the coronavirus pandemic, new research suggests.

A survey of IT professionals by CWJobs as part of its annual Confidence Index found that almost half (49%) of senior staff believe they will increase their tech budget in the wake of the outbreak.