Economic Issues

Data Centres: The New Fort Knox of the Digital Age

  • By Indranil Sarkar

Data centres have emerged as the modern-day equivalent of Fort Knox, securing not gold but data—the most valuable asset in the digital age. Unlike traditional vaults, data centres not only store vast quantities of information but also process it in real time, requiring complex and costly infrastructure. The financial demands of constructing these facilities are staggering, with billions invested in land, technology, and energy systems. By 2030, global capital expenditure on data centres is projected to reach $6.7 trillion, largely driven by the rapid growth of artificial intelligence. Energy consumption is another major concern, as data centres in countries like the U.S. now account for a significant portion of national electricity use. Despite improvements in energy efficiency, the demand continues to rise, prompting urgent calls for sustainable power solutions.

 

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  • Data Centres: The New Fort Knox of the Digital Age