With enterprises’ rising reliance on data and the need to protect it, investments in data security and data centers are rising. Data center company Equinix Inc. is expanding its Rio de Janeiro data center; Penn State University is finalizing plans for a second data center, projected at a cost of $58 million; Google is reportedly considering a $300 million data center expansion at its campus outside of Atlanta.
But organizations don’t need to invest millions in buying and outfitting on-premises data centers in order to better safeguard their data.