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Data Decoded: The Case for Data CentersDataDecoded:TheCaseforDataCenters

May 14, 2024

5 mins

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KEY FACTS AND FIGURES 

  • Data permeates every aspect of modern daily life with 328 trillion megabytes of data generated globally per day1 and 1.7 MB data generated by every human per second2.  
  • Data creation is growing exponentially, fueled by continued growth in cloud computing, 5G speed, Internet of things, and artificial intelligence.  
  • The substantial growth in data demand is driving the need for data centers, which are buildings designed to house computer servers and network equipment, with extensive mechanical and electrical systems. Servers collect, process and store data so that it can be accessed remotely. 
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1Source: Statista, as of November 16, 2023. 

2Source: 5 Interesting Facts about Data Analytics, BLUE OCEAN LAB as of February 20, 2023. 

Certain information in this commentary has been obtained from sources believed to be reliable as of the date presented; however, we cannot guarantee the accuracy of such information, assure its completeness, or warrant such information will not be changed. The information contained herein is current as of the date of issuance (or such earlier date as referenced herein) and is subject to change without notice. The manager has no obligation to update any or all such information, nor do we make any express or implied warranties or representations as to the completeness or accuracy. Any projections or forecasts presented herein are subject to change without notice. Actual data will vary and may not be reflected here. Projections and forecasts are subject to high levels of uncertainty. Accordingly, any projections or forecasts should be viewed as merely representative of a broad range of possible outcomes. Projections or forecasts are estimated, based on assumptions, subject to significant revision, and may change materially as economic and market conditions change.  

This material is being provided for informational or educational purposes only and does not take into account the investment objectives or financial situation of any client or prospective clients. The information is not intended as investment advice and is not a recommendation. Clients seeking information regarding their particular investment needs should contact their financial professional.  

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