a different opinion on Wall Stree's recent attitude toward data centers:

“Superspend” on Data Centers “Dysfunctional”

Tom Steinert-Threlkeld
Securities Industry Blog, March 14, 2010

Can it be?

Trading firms and marketplace operators are wasting money on the big “monolithic” data centers they’re building, as electronic networks proliferate, market data explodes and volumes surge?

That’s the contention of Ronald H. Bowman Jr., author of “The Green Guide to Power: Thinking Outside the Grid” and “Business Continuity Planning for Data Centers and Systems: A Strategic Implementation Guide.”

At last Thursday’s meeting of the Wall Street Technology Association, he said the financial thinking and planning – and, remember, this is America’s finance industry – can be ‘remarkably dysfunctional.”

The executive vice president of Tishman Technologies says the “superspend” on 100,000-square-foot data centers at $2,700 a s square foot in New Jersey, where Wall Street essentially has moved, needs to be rethought. Tishman has built data centers for Morgan Stanley, Merrill Lynch and Bank of New York Mellon.

...