DataX Connect’s Post

Uptime’s report highlights the explosive growth in the #datacenter industry, predicting the need for 300,000 more professionals by 2025. With projects like Tract's $100 billion investment in the Tahoe-Reno Industrial Center, "some of the largest construction projects in the world" are on the horizon. Read more in Northern Nevada Business Weekly: https://okt.to/XOLuYi

We are excited to announce that K-Lab will become a part of Granlund. Granlund, a Finnish group of companies in the real estate and construction sector, will expand its business in Sweden through a strategic majority acquisition of K-Lab Projektering AB. The acquisition between the companies has been signed 20th of June 2024 According to Timo Ranne, Granlund's Director of International Business, K-Lab will significantly strengthen Granlund's position in Nordic data center projects. 💬 "Structural engineering is a significant business growth area for us, and with the acquisition, we can offer our customers even more diverse local expertise for data center projects." In recent years, Granlund and K-Lab have collaborated on several data center projects in Sweden and Finland. 💬 "The partnership enables us to expand our services and increase our market share in the data center sector in the Nordics," says Graham Edge, CEO of K-Lab Projektering AB. Granlund has over 10 years of experience in data center projects. Most of the projects have been carried out in the Nordic countries, but also elsewhere in Europe. Project management and building services design have traditionally been Granlund's strengths, but now its expertise has also been expanded to structural and architectural design. 💬 "Data centers are one of the largest business sectors at Granlund, which is only expected to grow in the future. It is great to have K-Lab join us to strengthen our team," comments Granlund's CEO Pekka Metsi. Read more about the acquisition: https://lnkd.in/d3PtweD7

Some fascinating statistics in this article……

The construction industry in the United Kingdom is expected to grow by 4.5% to reach GBP 168.60 billion in 2024.A CAGR of 4.3% is projected during 2024-2028, with the country's construction output expected to reach GBP 199.20 billion by 2028, indicating substantial growth potential. This market intelligence report offers a comprehensive view of market opportunities in the building and infrastructure construction industry at the country level. With over 100 KPIs covering growth dynamics in building and infrastructure construction, construction cost structure analysis, and analysis by key cities in the United Kingdom, this databook provides a wealth of data-centric analysis with charts and tables, ensuring stakeholders are fully informed. United Kingdom Construction Industry Databook 2024: A £199.2 Billion Market by 2028 - Market Size & Forecast by Value and Volume (Area and Units) 2019-2028 https://lnkd.in/eAnFJGEC

A report on the final quarter of 2023 from the Glenigan Construction Review highlights promising opportunities for contractors seeking new work in various UK regions this year. One sector in particular that is booming is new data centres, they are creating opportunities for contractors in the South East. Whilst these projects do present opportunities, they also present challenges. Learn more in our blog: https://lnkd.in/e-yMS_fb #BuildingControl #UKContractors #DataCentres

In our fast-paced world of technology, working together opens the door to new and exciting innovations. We're excited to share some big news - STI engineering (Design & Consulting) and Azura Consultancy are joining forces. Azura Consultancy is well known for their great work in crucial sectors, especially data centers. They're a team committed to doing their best, and their wide-ranging technical services have put them at the cutting edge of a constantly changing industry. On the other hand, STI Engineering has a 30-year history filled with innovation and solutions that put the client first, making waves in many sectors. We've always been committed to pushing the limits, making our mark in engineering design, consulting, and management. Together, STI Engineering and Azura Consultancy are ready to take critical infrastructure solutions to the next level. By combining our resources and knowledge, we're aiming to provide a range of services that goes above and beyond what the industry expects. Keep an eye out as we set off on this exciting new path, working together to shape the future with innovation, excellence, and collaboration! #stiengineering #azuraconsultancy #partnership #datacenter #datacentersolutions #missioncritical #datacenterinfrastructure #innovation #technology #europeandatacenters #itinfrastructure #datacenters

I read this morning that, by the end of this decade, data centres will likely consume 3-4% of overall power worldwide. The data already points to 2024 surpassing last year’s record investment in the sector with almost 30% of that invested in Europe. This piece from our construction team picks up a number of important themes for those investing in, financing and developing data centre assets in the U.K.

Smarter roads are on the way thanks to Causeway Technologies acquiring Buchanan Computing to supercharge traffic management: https://lnkd.in/eZygBPcC #constructiontech #digitaltransformation #trafficmanagement #infrastructure #acquisition #BuckinghamshireTech #LondonTech #CausewayTechnologies #BuchananComputing

The UK construction industry is set for growth, driven by data center and airport expansion projects. The government has hailed plans for a £25bn data center and a £1.1bn expansion of Stansted Airport. Other notable developments include the £500m Sweet Street South Bank regeneration, with phase one underway, and the £4.5bn project to protect the River Thames from pollution. However, the industry also faces challenges, such as rising vacancies and wages as the fight for new workers intensifies. Some firms have experienced financial difficulties, with one company's credit rating temporarily affected after a dispute with a supplier. Despite these challenges, the industry remains resilient, with August new construction work rebounding 1.6% after an early summer fall. The industry is also seeing significant investment in future mobility and life sciences projects. Developer Bicester Motion is advancing a future mobility business park, while plans are in place to restart the Regent Quarter life science campus with ISG project team. Overall, the UK construction industry is poised for growth, with significant projects in the pipeline and ongoing investment in key sectors.

📈 Data Centre Boom is Here! 🌟 An interesting article recently published by Glenigan reports that the construction industry is poised for a significant upsurge as plans for numerous data centre projects come to fruition. Glencar is currently involved in developing a brand new data centre at Heathrow. The six-story building, over 194,000 sq. ft., is designed to accommodate 20MW of critical IT load. At Ascent, we bring extensive experience in the construction sector, designated sector leadership, and a team of in-house pre-construction and delivery specialists. We are well-positioned to leverage these opportunities and contribute to the growth of this dynamic industry. The future looks promising for construction and innovation in data infrastructure. Here's how we can help: 🏗️ Expertise: Decades of experience in the construction sector. 🌍 Leadership: Dedicated sector leadership to drive growth and innovation. 👷♂️ Specialised Teams: In-house pre-construction and delivery specialists. 📊 Strategic Planning: Efficient project execution from planning to completion. 🔧 Innovation: Embracing new technologies and methodologies for superior outcomes. Whether the massive Humber Tech Park at Immingham or the innovative Republic Future development at East India Dock planned by LaSalle Investment Management and Trilogy Real Estate, we're here to help your business navigate and thrive in this booming market. Ready to transform your data infrastructure? Connect with us today! Tell us about your data centre needs – how can we help? 📞✨ Read to know more 👉 bit.ly/datacentreUK #DataCentres #Construction #DataInfrastructure #TeamAscent #Innovation #Glencar #IndustryGrowth #ConnectWithUs #GleniganReport