A new study from Research and Markets shows that data center power monitoring technology will continue to be a “go to” power management solution for network professionals over the next several years.
The report, titled “Data Center Power Market by Solutions, by Services, by Verticals & Regions – Market Forecasts and Analysis (2014-2019),” shows that the global data center power market will grow from $15.19 billion in 2014 to $23.67 billion in 2019. This demonstrates a compound annual growth rate of 9.3 percent.
In the report, data center power monitoring is defined as the cost-effective management and maintenance of the distribution of power and back-up electricity sources.
Why is the data center power market growing so quickly? The next-generation technology that the market encompasses provides greater visibility into network operations, resulting in:
- Longer equipment life cycles: Replacing network hardware is expensive, so it’s vital to keep equipment functioning properly. To function properly, network hardware needs an adequate supply of power at all times. Data center power monitoring solutions ensure this equal and safe power distribution.
- Reduced downtime: Using power monitoring software, it’s possible to glean advanced information about the health and stability of a network. If a server begins to run low on resources, for instance, IT managers can be alerted about the problem and can work to address the situation before it leads to prolonged downtime.
- Better oversight and management: Armed with critical performance feedback, managers can make important changes in regard to capacity planning and data management.
Server Technology is proud to be listed in the Research and Markets report as a leading provider of power monitoring solutions. Server Technology offers a robust line of smart and metered power monitoring services, as well as advanced, high-density outlets that can provide a greater amount of power to the rack. Click here for more information.