Lawyer Bait

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Tuesday, April 28, 2009

Covering the Data Center Transformation Summit 2009

I will follow this on twitter as well:

Hot topics:

Selective outsourcing is available yet under utilized
-Wholesale & resale

Financial stability of providers is key
- There is a lot of legacy debt from 2001 for a lot of players

Best of times for the data center industry
- Banks hate data centers
- Hard to get construction loans
- Data centers are the safe bet vs. mortgages to high credit risks
- Have the banks done that well in picking good loan programs? $100M is safer in a data center project than in high risk mortgages yet in the banks eyes there is no difference

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