The Data Centre Risk Index, developed by real estate brokerage Cushman & Wakefield with engineering consultants Hurleypalmerflatt Ltd., ranked Canada the second best place in the world to house computer data networks and Internet sites. The U.S. ranked first.
The report pointed out, however, that more companies are investing in data centres overseas, which the authors said could increase exposure to risk. Instead, companies should evaluate that risk by comparing a greater number of criteria and locations, said the report.
“Data centers support business-critical IT systems and any downtime can cost millions in lost revenue,” said the report.
The U.S. ranks first due to its low cost of energy and favourable business environment, followed by Canada and then Germany.
Canada has benefited from geographic advantages and ability to limit massive cooling costs for the data centres by using water-based cooling systems, according to an article in the Globe and Mail this week.
Stephen Whatling, global services director at Hurleypalmerflatt, said there’s more risk in using data centres in emerging economies.
“Despite their status as engines of global growth, China and India score poorly as a result of strict foreign-ownership regulations and other barriers to investment,” he said.
Are you looking to invest in property? If you like, we can get one of our mortgage experts to tell you exactly how much you can afford to borrow, which is the best mortgage for you or how much they could save you right now if you have an existing mortgage. Click here to get help choosing the best mortgage rate