Title: The Surge of Datacentres in Europe: A Lucrative Investment Opportunity in the Technology Sector
Meta Description: Discover how the increasing demand for datacentre space in Europe is creating significant investment opportunities in the technology sector.
Introduction: Five years ago, Billy Keeper had no idea what a datacentre was. Today, he is an electrical supervisor for Datalec Precision Installations, overseeing teams working on electrical and cabling installations at datacentres for big tech firms like Amazon and Microsoft. The surge in demand for datacentres is driven by the rise of artificial intelligence, leading to an almost doubling of datacentre floorspace in Europe since 2015.
Analysis: The demand for datacentre space is on the rise, creating lucrative opportunities for investment in the technology sector. Companies like Datalec face challenges in finding skilled construction workers to meet the growing demand. The Construction Industry Training Board predicts the UK needs to recruit 50,300 extra workers annually for the next five years. The industry must rethink its recruitment strategies to attract younger talent and increase diversity. As the industry continues to grow, investing in datacentres can be a smart financial move with the potential for high returns.