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Digital Realty completes Dublin data centre expansion
Fri, 10th May 2019
FYI, this story is more than a year old

Data Center services provider Digital Realty has announced the official opening of its second data center in Ireland.

Located within its Profile Park campus in Dublin, the colocation giant says the five-megawatt expansion will provide new and existing customers on the campus with additional runway for growth in the capacity-constrained Irish market.

The campus itself is located around 30 minutes from the Dublin city centre, and Digital Realty asserts it provides maximum product flexibility with ‘state-of-the-art' power, cooling, connectivity, security, and system redundancy.

"We are pleased to support our customers' growth with the expansion of our Profile Park campus," says Digital Realty portfolio management senior vice president Valerie Walsh.

The news of the expansion comes with another milestone too. Digital Realty has now invested more than €200 million into Ireland, which seemingly highlights the company's commitment to the country and confidence in its long-term local demand.

"Our continued investment in Ireland demonstrates our confidence in the future growth prospects for the technology sector in the region,” says Walsh.

“Our research shows that tech sector decision-makers share this optimism and expect the country will continue to flourish in the years to come."

The research in question, carried out by Censuswide on behalf of Digital Realty, found that nearly half (47%) of Irish IT decision-makers are optimistic about the growth of the tech sector in Ireland.

The survey was based on the views from 250 senior IT decision makers, which shed some light on the areas they expect to have the biggest impact over the next five years – which include Brexit (56%), GDPR (36%), and the rollout of 5G (23%).

IT decision-makers do foresee barriers to market growth, however, including bonus taxation (40%), shortage of affordable housing (36%), and a lack of available funding for tech start-ups (32%).

Nearly half (46%) of Irish IT decision-makers surveyed see Ireland as a safe harbour for data, with Ireland quickly becoming a leading digital hub for Europe due to its skilled workforce (38%), competitive corporate tax regime (37%), and GDPR (30%).