Newmark Knight Frank’s Data Center Reports explore the overall state of major data center markets and recent trends affecting them
Coming off a record shattering 2018 year, data center leasing in 2019 was down but still very healthy with over 272 MW of absorption in the Top 10 US markets tracked by Newmark Knight Frank. Northern Virginia continues to be the record setting market, accounting for nearly 120 MW of new leasing.
Moving from 2018 to 2019, there are several trends affecting the data center market. Data center operators will need to plan for environmental changes such as warmer temperatures outside, changes in water availability and regulatory requirements for power sources and natural disaster risks. Data center vendors and providers are becoming more flexible and adopting to new technologies, however more change from growth in Internet of Things (IoT) and 5G will be required.
Points of View
Our Points of View series highlights thought leadership from Newmark Knight Frank’s Global Consulting Services practice. Here, explore new data and industry trends that support perspective pieces by consulting leaders across NKF.
Television commercials and tech-related news claim that the 5G revolution is here. 5G, or fifth generation, refers to a new cellular network technology that will not only help you stream a video on your phone faster, but it has the potential to change how we experience the workplace, home, transportation, and the way we live.
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Global Knowledge Center's new take on GCS Blogs address topics most important for the future of real estate in brief
Additive manufacturing is disrupting conventional production and construction supply chains as well as corporate real estate strategies. 3D printers are being gradually incorporated into building apartments and houses. A new eco-sustainable house model was introduced recently by the Italian company WASP. Using natural waste materials worth €900 and the Crane WASP printer, the company was able to build a house that has almost zero environmental impact in ten days.
The shift towards using artificial intelligence (AI) and machine learning in the workplace is happening quickly. McKinsey Global Institute predicts that as technology becomes more sophisticated, the demand for higher cognitive skills such as creativity, critical thinking, and decision-making will grow.
The culture of a company takes into consideration the human experience as well as “the values, beliefs, behaviors, artifacts, and rewards systems that influence people’s behavior on a day-to-day basis.” Research show that the culture of an office has a significant impact on an organization’s revenue and productivity.
Transaction speed is important. The World Economic Forum reports that “as of April 2018, various forms of Distributed Ledger Technology (DTL) carry between a two- and ten-minute processing time.
Artificial Intelligence is a family of technologies that can be categorized in five broad terms: natural language, virtual assistants, robotic process automation (RPA), machine learning and computer vision.