Dublin has moved ahead of Madrid in the take up rankings across Europe to become the region’s fifth largest market behind, London, Paris, Amsterdam and Frankfurt according to a new report from global property company Colliers International. Simon Ford Head of Data Centres EMEA, Colliers International said: “Following this week’s European Court of Justice (ECJ) ruling that ‘Safe Harbour’ rules are invalid, US Tech companies are even more likely to look at opening data centres in Europe to allow their customers to choose where they store their data.”
The Colliers’ analysis shows that Dublin has now firmly established itself as the fifth European colocation data centre market by carrier neutral supply with many big names – Google, Yahoo, Microsoft, Interxion, Telecity and Dataplex - recently increasing their presence in the market, representing over £1 billion in investment and the creation of hundreds of much needed new jobs.
Simon Ford Head of Data Centres EMEA, Colliers International added: “Dublin’s data centre market represents attractive business conditions, relatively low risk and stable profile for operators due to its demonstrated consistent demand dynamic. Ireland is turning out to be a great success story – one of collaboration between the Government, operators and consumers in the face of tough economic conditions.
The Colliers report, which is a city focus on the Dublin data centre market for (H1 2015), finds that there has been steady take up of approximately 2MW per quarter for the last eight quarters in Dublin underwriting the city’s ability to attract big businesses.