The information and advice of the Vienna Chamber of Commerce draws attention to a rapidly increasing need for data centers. Save, process and distribute such centers.
They are considered a digital backbone of numerous industries – from industry to healthcare to public administration. And the computing power you make “can certainly be seen as a currency,” said division chairman Martin Heimhilcher on Thursday.
According to the Chamber of Commerce, the global market for data centers is estimated this year at around 412 billion euros and washing with an average percentage of a good eight percent. The market is to reach a volume of around 568 billion euros by 2029. The importance of the market is also growing in Europe. Your energy consumption could increase here by 2030 to 98.5 Terawatt hours (TWH), which corresponds to the growth of 28 percent compared to 2018.
This requires a reliable power supply, a national fiber optic infrastructure and well-trained IT specialists. The latter in particular is a big challenge.
Earthquake protection versus lack of space
“The need for data centers is increasing; Also and precisely because of the increasing AI applications that require enormous computing power, “Heimhilcher explains. Artificial Intelligence (AI) is even one of the most energy-intensive applications: a single AI request can have the energy requirement of a conventional data request 10 to 100 times.
There are currently 21 data centers in Vienna. The city offers some location benefits such as high security of delivery with green energy, political stability and earthquake protection. However, the establishment of new data centers was on challenges: lack of space and high real estate prices make it difficult to establish new server farms.
The largest available areas are usually in further outside operational areas, while De Kamer is limited for new facilities in the city center.
Source: Krone
I’m Ben Stock, a journalist and author at Today Times Live. I specialize in economic news and have been working in the news industry for over five years. My experience spans from local journalism to international business reporting. In my career I’ve had the opportunity to interview some of the world’s leading economists and financial experts, giving me an insight into global trends that is unique among journalists.
