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Irish Realty opens new Irish Data Centre

Written by Robert McHugh, on 10th May 2019. Posted in Technology

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Digital Realty, a global provider of data centre, colocation and interconnection solutions, announced yesterday the official opening of the second data centre on its Profile Park campus in Dublin, Ireland.

The five-megawatt expansion provides new and existing customers on the Profile Park campus with additional runway for growth in the capacity-constrained Irish market. The new facility is located 30 minutes from Dublin’s city centre, and provides product flexibility with state-of-the-art power, cooling, connectivity, security and system redundancy. 

This comes after research carried out by the data centre provider, found that nearly half (47%) of Irish IT decision makers feel optimistic about the growth of the tech sector in Ireland. The new research, with 250 senior Irish IT decision makers, revealed the areas they forecast to have the biggest impact on the sector in Ireland in the next five years include Brexit (56%), GDPR (36%), and 5G roll out (23%).

However, IT decision makers foresee barriers to growth of the market, these include, tax on bonuses (40%), housing shortage (36%) and a lack of funding for tech start-ups (32%).

As political uncertainty in the UK rumbles on, 46% of Irish IT decision makers see Ireland as a safe harbour for data, with Ireland fast becoming the digital hub of Europe due to its skilled workforce (38%), competitive corporate tax regimes (37%) and GDPR (30%).

Speaking this week, Senior Vice President of Portfolio at Digital Realty, Val Walsh said, "Our new investment in Profile Park and ongoing investment in Ireland highlights our confidence that the technology sector in the region will continue to grow. Our research shows that decision makers in the sector share this optimism and expect the market to flourish in the coming decade."

Source: www.businessworld.ie

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