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the Dallas data center market has also seen a significant amount of growth
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In North America, Dallas, New York, Los Angeles, Chicago, the Bay Area, and the Northern Virginia suburbs
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As a result, data centers that seek national dominance will also have to grow their footprint in these regions
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A common trend in the data center market is the fact that there’s a lot of consolidation going on
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and a lot of new entrants are trying to grow their national footprint by acquiring companies
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The trend seems to indicate a practice of cultivating the middle markets to drive growth
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As a result, data centers in the Dallas market are not focused locally anymore, they’re growing across the country
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Facebook signed a billion dollar deal for a 750,000-square-foot data center in Fort Worth which will probably be the largest investment in the state
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Cisco Systems also has a data center in Richardson that’s worth approximately $122,829,796,
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earning the city and county more than $11 million a year in tax revenue
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Illinois-based insurer State Farm is also expected to enter the Dallas data center market with plans already submitted to build a data center
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The Dallas data center market is not only a suitable place for investment because of the growing need for data centers in the area,
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but also the incentives provided by the city of Dallas to move there
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Recommended ReadingLearn How Multi-Tenant Colo Providers Can Develop a Scalable, Data-Driven, Marketing and Sales Funnel That Powers Growth
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