The "Plumbing" that's Outperforming the Tech Index
Underrated tech giants: data centres! This North Ridge Partners article explores why data centres have been quietly outperforming the market.
The article dives into the data, showing how data centre investments have delivered a 157% capital return over the last five years, compared to 139% for the NASDAQ. Data centres benefit from strong tailwinds like the surge in e-commerce and remote work, both fuelled by COVID-19.
The need for data storage isn't going anywhere. The article explores other factors driving this growth, including the rise of hyperscale data centres and low interest rates. It also highlights opportunities in emerging markets like Southeast Asia and Africa.
Download the full PDF to get a comprehensive analysis of the data centre industry, including investment performance by region, valuation metrics, and expert insights on future growth.