The market is splitting itself into Hyperscale and Hybrid; Companies are choosing pure Cloud (that lives in the Hyperscale sites) plus some dedicated facilities for own-use and legacy applications. There's still demand for colocation but its a lot less than it was a decade ago. Numbers across the board point to lower $ per MW due mainly to the economies of scale offered by Hyperscale facilities. Look beyond Oz to the likes of Keppel and you can see a 25% drop in revenue per sqm across their global DC's in the past 5 years alone. In Oz its exacerbated by oversupply of colocation dirven by the sheer volume of cash being shovelled into the sector. Noticed that the NextDC half year has never been this late. Hang on to your hats...
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