Networks Europe March/April 2019 - Page 24

24 OPINION Colocation in light of Brexit By Lexie Gower, Marketing Manager Datum A close look at the potential impact of Brexit on the future of the UK's colocation industry The colocation sector is looking better than ever, and the global colocation market is expected to double in value in the next few years. This success is down to several factors, not least: Data and the cost of storing it Volumes of data are growing exponentially, which means added pressures on organisations to increase their on- site storage and carry the costs associated with on-site premises (power, staffing, security and infrastructure). As data volumes grow, it simply doesn’t make sense for most organisations to continue maintaining their own facilities.