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Edition 5 - Ideas

Fast forward to the future of data storage

Corporations couldn’t exist as we know them without data centres backing their operations. Knowing where technology and infrastructure is heading, we imagine the future for data centres to be revolutionary.

Corporations couldn’t exist as we know them without data centres backing their operations. Knowing where technology and infrastructure is heading, we imagine the future for data centres to be revolutionary.

In 2002, online retailer Amazon began quietly rolling out a suite of online services for web developers, giving them access first to data storage and then to computing power that they could access over the internet.

The idea at the time was to help free developers from worrying about whether their data was safe, secure and available, and allow them to “focus on innovating with data, rather than figuring out how to store it.”

Nearly two decades later and “cloud computing” has changed the tech and business landscape forever, playing a key role in most companies’ IT operations. The term cloud computing refers to computer servers that are accessed over the internet. Every time you watch Netflix, access your iCloud photos or collaborate on a document with a colleague, you are using cloud computing.

Those cloud computing servers run in data centres, which are physical buildings home to vast arrays of computers and networking equipment. Many companies also access data centres directly, hosting their hardware in these purpose-built facilities with professional management.

AMP Capital last year made its first data centre acquisition on behalf of investors in its global infrastructure equity funds, buying US-based Expedient which runs data centre and cloud computing for 1,200 customers.
 

Important Notes

While every care has been taken in the preparation of these articles, AMP Capital Investors Limited (ABN 59 001 777 591, AFSL 232497) makes no representation or warranty as to the accuracy or completeness of any statement in them including, without limitation, any forecasts. Past performance is not a reliable indicator of future performance. Performance goals are merely goals. There is no guarantee that the strategy will achieve that level of performance. The information in this document contains statements that are the author’s beliefs and/or opinions. Any beliefs and/or opinions shared are as at the date shown and are subject to change without notice. These articles have been prepared for the purpose of providing general information, without taking account of any particular investor’s objectives, financial situation or needs. They should not be construed as investment advice or investment recommendations. An investor should, before making any investment decisions, consider the appropriateness of the information in this document, and seek professional advice, having regard to the investor’s objectives, financial situation and needs. This document is solely for the use of the party to whom it is provided and must not be provided to any other person or entity without the express written consent of AMP Capital.

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