Colo, Cloud Drive Growth, Force Data Center UPS Vendors to Adapt (FB)
After sales plummeted for several years, the data center UPS market is growing once again, as strong demand from cloud and colocation providers offsets slower enterprise sales, new research data shows. The market has shifted this decade as enterprises consolidate their data centers and move their applications and data to the cloud and colocation facilities, market research firm IHS Markit, said. That trend led to decreased global UPS sales from 2011 to 2015, but the market bounced back in 2016, as hyper-scalers and large colocation providers have rapidly expanded their data center footprint to meet increased demand. In fact, global UPS revenue rose 1.6 percent to $7.44 billion in 2016, and, according to preliminary IHS data, revenue increased about 3 percent in 2017.