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Demand should remain stable—similiar to 2015's levels of just over 6 MWs—for Austin's data center market in 2016, with the overall regional economy likely to maintain current growth levels and other users looking towards cheaper markets.
While overall demand continues to be mostly regional and local, Austin’s seeing some interest from West Coast tech companies who are looking for an alternative to pricey Silicon Valley.
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Read the latest from 21 different markets
Businesses nationwide continue to outsource IT platforms, collocate and adopt cloud services, turning to third-party data center providers. Because of this shift, space is tightening and pricing is firming up. See the trends impacting data center strategies across North America.