Data Center Links picked up the news that HSBC is reconsidering the $1 billion data center it was contemplating building in New York.
The proposed location was in Cambria, which is right on the Canadian border.
This data center illustrates that data centers are far more than a bunch of computers in the basement.
The plans outlined that this was going to be 275,000 square feet and would cost around $65 million just to build! Once operational, HSBC would was committed to spending $55.5 million a year for 15 years on technology. Data Centers are huge business.
For the most part they fly under the radar.