Are you ready for the future of power consumption?
Posted by RJ Tee on September 17, 2016Categories:
Consider this: In 2013, U.S data centers consumed about 91 billion kilowatt-hours of electricity. This is enough electricity, as the Natural Resources Defense Council points out, to power every household in New York City. Twice.
Here’s the kicker: By 2020, this figure will climb to 140 billion kilowatts of electricity.
This, folks, is a lot of power consumption.
It will place unforeseen strain on our electrical grids, natural resources and of course enterprise budgets. And it can be expected that this figure will only clime in the following years as data centers become inundated with thousands more connected devices.
The data center power market will therefore become increasingly important as this happens. As electricity usage skyrockets, companies will turn to powerful technologies which can help them monitor and manage their resource consumption. In fact, according to MarketsandMarkets, by 2019 the data center power market will balloon to $23.67 billion.