CoreSite 2024 State of the Data Center Report
Transforming Data Centers from Cost Centers to Value Drivers with Colocation
The 2024 State of the Data Center Report by CoreSite emphasizes the transformative power of colocation, moving data centers from cost centers to value drivers. As businesses navigate a volatile, uncertain, complex, and ambiguous (VUCA) environment, IT leaders are leveraging hybrid IT models to balance investment, cost control, and risk management. The report highlights that colocation is increasingly being adopted to support digital transformation, accelerate AI and other high-density workloads, and enhance connectivity to cloud services. With 98% of organizations adopting or planning to adopt hybrid models, colocation is a strategic component in modern IT infrastructure for its benefits in security, compliance, scalability, and cost predictability.