{"id":1340,"date":"2009-01-16T00:00:00","date_gmt":"2009-01-16T00:00:00","guid":{"rendered":"http:\/\/otava.test\/business-in-michigan-not-everyone-struggling\/"},"modified":"2025-10-14T08:28:07","modified_gmt":"2025-10-14T08:28:07","slug":"business-in-michigan-not-everyone-struggling","status":"publish","type":"post","link":"https:\/\/www.otava.com\/blog\/business-in-michigan-not-everyone-struggling\/","title":{"rendered":"Business in Michigan: Not Everyone Struggling"},"content":{"rendered":"

<\/span>Online Tech Optimistic about Continued Growth in its Data Center Business<\/span><\/h4>\n

January 14, 2009 – Ann Arbor, MI<\/strong> – Coming off its 5th year in a row of 30% plus annual growth, Online Technologies Corporation is enthusiastic about its data center <\/a>business prospects in 2009.<\/p>\n

Online Tech made significant investments in its managed data center <\/a>business in 2008, making it one of the largest independent managed data center operators in the state of Michigan.\u00a0To match its growth rate, the company added 10,000 square feet of data center space with its third data center brought on line in early 2008.\u00a0Online Tech also added 10 employees to its payroll in 2008 to better support its rapidly growing customer base.<\/p>\n

A November report by Tier1 Research<\/a> found that the global multi-tenant data center market continues to grow.\u00a0Demand increased 14% last year while data center supply was up only 6%.\u00a0This demand\/supply gap is projected to grow over the next 3 years. Despite a difficult economy, the Internet will continue to grow as a vehicle for service and application delivery, driving the demand for expanded data center space. Software as a service, managed hosting, social networking and streaming media will increase the demands for data center space and power.<\/p>\n

The credit crunch, coupled with small and mid-size businesses\u2019 reluctance to invest significant capital and operating expenses in private data centers, is also driving the demand for outsourced data centers<\/a> and colocation<\/a>.\u00a0Rather than investing in the capital to build or expand an in-house data center to meet their IT needs, many companies are sharing data center space by co-locating with others in multi-tenant managed data centers.<\/p>\n

Online Tech has seen these same trends in the State of Michigan. \u00a0As companies need to cut back on IT capital intensive projects and reduce operating costs in their data centers, colocation in multi-tenant data centers <\/a>can provide a solution that requires no capital investment, i.e. \u201cCap-Ex Free\u201d IT<\/a>, and can often reduce operating expenses by leveraging outsourced data center specialists.<\/p>\n

In one of the states hit the hardest by the economic downturn, Online Tech is finding increased demand for its managed data center <\/a>solutions.\u00a0\u201cIn both periods of growth and periods of decline, there are business opportunities\u201d said Yan Ness, CEO of Online Tech.\u00a0\u201cIt\u2019s when everything is flat, that I go sailing. Right now, all we see is opportunity.<\/p>\n

With the recent downturn in the economy, managed data center operators like Online Tech have found an unexpected wind toward their back, which they expect will make the sailing even better in 2009.<\/p>\n

About Online Technologies Corporation<\/strong><\/p>\n

Online Tech (www.onlinetech.com<\/a>) is Michigan\u2019s premier Managed Data Center Operator.\u00a0Online Tech helps companies manage their growing demand for data and computing capacity through its highly secure and reliable multi-tenant data centers. With a full range of colocation<\/a>, dedicated server <\/a>and managed service options, industry leaders trust Online Tech to ensure their servers are always on, always online, and always safe.<\/p>\n

See Also<\/strong><\/p>\n