Co-Low.com Launch Set To Bring Transparency To Data Center/Colo Market

CHICAGO, Nov. 2, 2017 /PRNewswire/ -- As "Big Data" continues to drive industry around the world, machines used to crunch numbers, store information, and transport terabytes of data need homes. Globally, the multi-tenant data center (MTDC) market is expected to rise at a compound annual growth rate (CAGR) of 12.1 percent between 2015 and 2018. As the most mature market, North America remains most competitive, representing approximately 44 percent of the global data center market.

By itself, the cloud managed services market size is predicted to grow at a CAGR of 16.6 percent from now through 2021, from $35.54 billion in 2016 to $76.73 billion. With this type of growth rate businesses are finding themselves struggling to get proper space, connectivity, and pricing.

Co-Low.com (www.co-low.com) isthe premier marketplace for colocations, managed service providers, carrier hotels, and businesses to list and discover unused data center space around the world. There are unused cabinets, cages, and power around the world that could potentially be bringing in revenue, and Co-Low is here to help. Now you can research any product you want and find the right accessories for the right price.

"Co-Low will not only provide necessary transparency to the massive data center market, but will also speed up cloud adoption by allowing businesses to sublease their existing data center space to counter-parties that require physical space," said Mike Bahr (Managing Partner).

Businesses continue to pay a premium for unused space, even though the sites are usually fully commissioned facilities ready for use. The reason for this is that there isn't a simple, commission-free, transparent marketplace to list this excess space and connect directly with potential buyers. This is where Co-Low comes into the picture. With Co-Low's marketplace, any business can easily list their vacant data center space on our marketplace and attract potential buyers, without having to pay excessive commissions.

"Co-Low is the inexpensive, fast, and easy place to explore, list, and connect customers to data center space," says Mike Bahr.

View original content:http://www.prnewswire.com/news-releases/co-lowcom-launch-set-to-bring-transparency-to-data-centercolo-market-300547684.html

SOURCE Co-Low LLC

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