6CIOReview | | JUNE 2022Growing data and thus its management is pushing the growth of managed data centers. According to Mordor Intelligence research reports, the current managed data center services market is expected to reach USD 600.64 billion by 2026, at a CAGR of 20.5 percent over the forecast period 2021 to 2026. The rise is due to a surge in enterprises opting for managed data centers owing to their flexibility, cost-efficiency, and improvement in organizational efficiency.The services offered by managed data center service providers, including managed hosting, colocation, storage, disaster recovery, and compliance, are likely to develop rapidly over the coming years because of the numerous advantages. Moreover, owing to the complexities involved in building and operating data centers, businesses are progressively turning to outsource them to optimize business processes while maintaining control over critical IT infrastructure.This edition of CIOReview highlights key developments in the managed data center landscape and how companies leverage the latest solutions and market expertise to prove their mettle in offering effective cloud, network security, and IT infrastructure services and delivering the best outcomes. This edition features thought leadership articles from Ali Greenwood, Executive Director, Data Center Advisory at Cushman & Wakefield, and Federico Masias, SVP Information Technology at Baird & Warner. Each of them sheds light on; how the industry is seeing a rise in data center infrastructure costs, how self-managed data storage units can help avoid e-hoarding by IT employees, and how managed data centers will remain an important part of the core IT operations while fueling the digital transformation.In tandem with the exclusive insights from the subject matter experts, the edition also features one of the largest cloud and carrier-neutral data center companies, eStruxture, which provides modern-day data center infrastructure for companies requiring reliable and flexible colocation services.We hope this edition will provide you with the right assistance in choosing the best-managed data center service provider according to your requirements. Let us know your thoughts!EditorialTransforming the IT Space with Unparalleled ServicesCopyright © 2022 ValleyMedia, Inc. All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher thereof.CIOReviewEmail:sales@cioreview.comeditor@cioreview.commarketing@cioreview.com June - 20 - 2022, Vol 11, Issue - 45 (ISSN 2644-237X) Published by ValleyMedia, Inc.To subscribe to CIOReviewVisit www.cioreview.com CIOReviewVisualizersIssac GeorgeMichael Wayne*Some of the Insights are based on the interviews with respective CIOs and CXOs to our editorial staffJustin Smith Managing Editoreditor@cioreview.comManaging EditorJustin SmithSalesStephen Thomasstephen.thomas@cioreview.com Editorial StaffAaron Pierce Carolynn WaltersCorinne EverettKirby SmithShirley FaithRussell Thomas
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