Switch Inc Set to Benefit From Huge Data Centers
While cloud storage has become integral for many companies to store data, there is also increasing demand from companies to store their physical IT assets in what is known as colocation data centers.
The thinking is that storing technology assets at a third-party location helps to reduce the need to spend on expensive in-house facilities and reduce the threat of storing all assets in-house in case something disastrous happens.
A mid-cap player in the data center market with above average upside is Switch Inc (NYSE:SWCH), which is outperforming with a 76% gain this year but underperforming over the last year,.
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While cloud storage has become integral for many companies to store data, there is also increasing demand from companies to store their physical IT assets in what is known as colocation data centers.
The thinking is that storing technology assets at a third-party location helps to reduce the need to spend on expensive in-house facilities and reduce the threat of storing all assets in-house in case something disastrous happens.
A mid-cap player in the data center market with above average upside is Switch Inc (NYSE:SWCH), which is outperforming with a 76% gain this year but underperforming over the last year,.
Den vollständigen Artikel lesen ...