Construction Magazine December 2016 | Page 66

JONES LANG LASALLE
pertaining to specific countries , has been brought to the fore since the UK voted to leave the EU . Brexit is keeping many busy , working out whether data in UK will still be able to connect and migrate to other parts of Europe , and the impact this will have globally . As Bell says : “ That is another big determinant in terms of where deployments are made .”
Globally , the multi-tenant data center market is expected to rise at an annual growth rate of 12.1 % between 2016 and 2018 . North America remains the most competitive with 44 % of the global data center market .
The cloud managed services market is predicted to grow an annual growth rate of 16.6 % through 2021 , from $ 35.54 billion in 2016 to $ 76.73 billion in 2021 . The top cloud providers are expected to pull in $ 120 billion by 2020 , up by an annual 61 % growth rate from $ 11 billion in 2015 .”
In a rapidly changing world clients have high expectations . “ One of the things that really excites me is that JLL has the resources , the tools and platforms to align with the changes in IT , real estate and technology , as things are quickly evolving every day . Our clients are looking to optimize and we have the platforms to allow them to make accurate decisions in line with this evolving change .”
Following on from JLL ’ s recent acquisition of BRG , a leader in workplace technology services , the company is going from strength to strength and Bell is looking forward to what the future brings . “ The exciting reason why I am in this industry is that there has been double digit annual growth in data center , colocation and cloud industries . Cloud adoption and the size of the data center industry are predicted to both double for the next five years . Users and providers are spreading out across multiple locations , bringing new technologies onboard , and they are all looking for flexibility and agility to succeed .” 70 December 2016