Overall global data centre CAGR is estimated at 11 per cent for 2016 to 2020. McCulloch commented on the significance of this growth: “It’s interesting to note that CAGR for data centre cooling is actually higher than that for overall data centre growth. Although to a certain extent this reflects the shorter period being examined for overall growth, it also speaks to the central role that cooling plays in the modern data centre. As data volumes become larger and requirements become more complex, socooling plays an increasingly important role in enabling the data centre to handle these requirements stably and profitably.”
McCulloch went on to give examples of technologies that will ultimately depend on a data centre’s cooling capabilities: “Artificial Intelligence (AI), the Internet of Things (IoT), Virtual Reality (VR), and Augmented Reality (AR) – what all these technologies have in common is that they are predicted to grow in prominence over the next few years, and that they have complex and demanding data requirements. In order to thrive in this age of exponentially growing data volumes, organisations are increasingly turning to high performance computing (HPC) services. This technology is geared towards solving problems which involve huge data sets, and the market for it is expected to reach $33bn (£26bn) by 2022.