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State of the Industry 2024 – What Lies Ahead for the Data Centre Sector?

By Blog, Downloads, Event, News, Press Release, Thought Leadership

As we approach Keysource’s State of the Industry Event 2024, the anticipation is building around the key challenges and opportunities that the data centre industry will face in the coming year. Now in its seventh year, this annual event has become a cornerstone for data centre professionals, offering valuable insights and expert analysis.

This year’s event will focus on the evolving landscape of the data centre sector, where technology is advancing at an unprecedented pace. The event will provide a deep dive into the critical issues impacting the industry, from sustainability pressures to skills shortages and supply chain complexities. While the results of our 2024 survey won’t be revealed until the event itself, we know from past years that balancing speed, substance, and sustainability will continue to be a major theme.

The State of the Industry Event will offer attendees a unique opportunity to explore how industry leaders are tackling these challenges head-on and what to expect in 2024 and beyond. Key discussions will likely revolve around how businesses are adapting to new regulations, managing rising costs, and integrating sustainable practices into their data centre operations.

”Keysource's event had great discussions and clear insights that really helped us understand the challenges and opportunities coming up

State of the Industry 2023 Attendee

”The State of the Industry event was a real eye-opener—great discussions with a clear look at the challenges we all face in our industry. Highly recommend it.

State of the Industry 2023 Attendee

Why You Should Attend

Whether you’re facing challenges around project delivery, grappling with sustainability goals, or navigating the ongoing skills shortage, this event will provide invaluable insights from over 250 industry professionals. Our expert panel will share their thoughts on the future direction of the data centre sector and offer practical solutions to the issues that will shape 2024.

Event Details:

🗓️ Date: Thursday, 7th November 2024
📍 Location: The Goldsmiths’ Centre, London
🕗 Time: 08:30 – 11:30 GMT

REGISTER FOR YOUR FREE TICKET

Spaces are limited, so register now to secure your spot at this unmissable event. Don’t miss the chance to be part of the conversation that will help shape the future of the data centre industry.

At Keysource, we specialise in helping organisations to overcome the challenges of sustainable data centre design, building and management

Speak to our team today for tailored advice and guidance on creating and operating a data centre fit for the next generation of computing.

Contact us
12 September 2024

Keysource Attending DCD London 2024

By Blog, Event, News

IT aside, the vast majority of power usage in a data centre is due to cooling and the need to relocate heat away from the CPU. Traditionally, air cooling is the go-to solution and makes up the vast majority of cooling solutions in the data centre world.

Read More
22 August 2024

State of the Industry 2023

By Blog, Downloads, Event, News, Press Release, Thought Leadership

Now in it’s sixth year, Keysource’s State of the Industry Report 2023, focuses on the data centre trilemma: balancing speed, substance and sustainability. It’s packed with insights from over 250 data centre professionals, and it’s essential information for anyone involved in our industry.

The report highlights the trilemma the industry is facing in dealing with the competing and compelling challenges of developing and delivering on sustainability targets; the pressure to speed up project delivery to remain competitive; and the continuing supply chain and skills issues. This is against a background of rising costs and new EU and imminent UK Regulation changes.

”The pressure to speed up project delivery is perhaps the most concerning finding of the report with 75% of those surveyed identifying quality issues which could reasonably have been identified or better managed earlier as a result. Certainly, we are seeing some organisations prioritising speed above all else which is at best risky, especially considering our respondents’ strong concerns about getting the correct advice as the skills shortage continues to bite.

Jon HealyChief Operating Officer, Keysource

The report shows that the skills shortage continues with competing demand both ‘client side’ and within the supply chain for the same people. This is reflected by the fact that only a third of respondents are confident in the quality of the information that is being provided which negatively impacts the ability to make informed decisions. As a result, nearly half of respondents chose to sub-contract more projects or services than they had planned, as the industry turns even more to supply chain partners to keep to programme timescales. According to the majority of respondents this approach had a positive impact including better quality and quicker delivery, with the inevitable trade off of a higher cost.

There are some encouraging findings around sustainability with 69% of respondents having a seat at the table when discussing sustainability targets and over half having a separate ‘green budget’ that can be used for sustainable solutions and initiatives. However, this positive progress is at odds with the just 17% who consider sustainability to be a high priority and the fact that less than a third said they were making significant progress with their sustainability strategy – with over half still not having one at all! In addition, 64% of respondents haven’t evaluated the carbon impact of existing data centre services and solutions and 57% aren’t intending to evaluate future investments, meaning missed opportunities to make both carbon and financial savings.

”The inrush of available capital that we have seen enter the data centre market is reflective of its promising returns and the comparative performance of other markets. This is coupled with a relatively low risk given its resilience through recent years, which is overall very positive for the short and medium term of the industry. This said, these conditions can quickly change given the influences this sector has from a range of areas such as technology, regulation, energy resources, corporate governance, and a lack of skilled people.

So, whilst this year’s state of the industry report shows that the data centre and related sectors continue to grow despite these challenges and the current global unrest, political scepticism, and economic uncertainty, it also flags that a number of common challenges still remain and these are forcing decision makers to operate differently. Our industry has a clear trilemma and the need to solve all three are equally important!

Jon HealyChief Operating Officer, Keysource

Get the State of the Industry Report 2023


At Keysource, we specialise in helping organisations to overcome the challenges of sustainable data centre design, building and management

Speak to our team today for tailored advice and guidance on creating and operating a data centre fit for the next generation of computing.

Contact us
28 September 2023
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