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Data center deals reached nearly $15 billion in 2020 alone - Business Insider

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Data center deals have hit nearly $15 billion this year, as Amazon and Microsoft race to boost their cloud capacity amid the pandemic. That's more than all the data center deals in 2019 combined.

More money has been spent on data center deals so far this year than all of last year combined, according to new market research.

The market researcher, Synergy Research Group, says that it's aware of 50 new Amazon and Microsoft data centers in various stages of development across 15 countries.Companies have spent more on data center deals so far this year than in all of 2019, according to new data from Synergy Research Group, as the coronavirus crisis forces aggressive expansions to keep up with a surge of users working from home.

John Dinsdale, the group's chief analyst, told Business Insider he's aware of 50 new Amazon and Microsoft data centers in various stages of development across 15 countries. "It may be a year or two before some of those come online, but many will be operational in the near future," Dinsdale said.

 

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