DC Byte, the leading online data centre research and analytics platform, has today announced that industry heavyweight Michael Tobin has become an investor in the business. Finalised this week, Tobin – awarded an OBE in 2014 for services to the Digital Economy – also joins the DC Byte board of advisors.
“Hyperscale demand is driving data centre development beyond the boundaries of the cities traditionally recognised as tier one locations – Frankfurt, London, Amsterdam and Paris,” said Tobin. “We are starting to see a ‘land grab’ as the supply of suitable sites stalls but demand continues to increase. The cost of getting the land buying decision wrong is negligible however, when compared to wider reputational risk. Having access to, and being able to rely upon, the close to real-time data that DC Byte delivers has never been more critical.”
Tobin has vast experience in the data centre space having worked across the sector for 18 years; current roles and responsibilities include chairmanships and NED appointment for some of the world’s fastest growing tech companies, data centres and charitable trusts.
Ed Galvin, CEO of DC Byte, added: “It is with great excitement that we welcome Michael Tobin to DC Byte. His experience and knowledge of the data centre space, combined with his vision for how the business will evolve going forward, adds huge momentum to our plans.”
This news closely follows a recently announced strategic partnership between DC Byte and global property adviser, Knight Frank.