Could Iceland be the perfect location for a data center? Colocation company Verne Global thinks so. It plans to open its first facility on an Icelandic site that offers access to geothermal and hydroelectric energy, free cooling every day of the year, and multi-terabit-per-second connectivity to America and Europe.
The data center will purchase power for four cents per kilowatt-hour, whereas typical prices in the United States are about 10 cents and can be 20 cents in London. Based on these prices, Verne Global claims it can save U.S. customers 30% in total colocation costs, and that United Kingdom customers can save 50% to 60%.
While not all application will be ideal due to low latency, Cloud computing services, media applications, disaster recovery and archiving could be a fit for the Iceland data center.
Verne Global says it is 18 milliseconds from London and 36 milliseconds from New York. The data center is being built at the United States Naval Air Station Keflavik, a former NATO facility in southwest Iceland that was closed in 2006 and taken over by the Icelandic government so it could be redeveloped.
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