Exponential growth in the data traffics had a positive impact on the growing demand for data centers all over the globe. The service market for data center is projected to have an increasing growth owing to the growing requirement for high-performing data centers across industry verticals.
The service market for data center includes an expansive number of vendors such as HPE (U.S.), IBM (U.S.), Schneider Electric SE (France), Cisco Systems, Inc. (U.S.), Dell, Inc. (U.S.), Fujitsu Ltd. (Japan), Vertiv Co (U.S.), Hitachi Ltd. (Japan), Equinix, Inc. (U.S.), and Huawei Technologies Co. Ltd. (China). Players in this market have embraced different strategies to extend their worldwide presence and expand their market share.
New product developments and partnerships/collaborations are some of the significant strategies embraced by the market players to accomplish development in the service market for data center. Companies such as HPE, Dell, IBM, Equinix, and Huawei have adopted these strategies to expand their product portfolio.
HPE is one of the major providers of data center services. The company has a global clientele and provides technology solutions to businesses and public sector enterprises. The company’s long-term strategy for data center services is more focused towards organic strategies. HPE is expected to develop new products & solutions to attract larger customer base worldwide. In March 2017, HPE announced the launch of Pointnext, which is a technology service organization.
Equinix is another major provider of data center services. Equinix provides data center and colocation services to its clients all over the world. The company focuses on inorganic growth to tap into the service market for data center. In February 2017, Equinix announced the acquisition of IO UK’s data center operating business in Slough, U.K. The acquisition is expected to help Equinix in satisfying the growing demand for digital infrastructure connectivity in Europe.