September 28, 2012 – While not a single technology or cohesive strategy, spending on efficient or “green” data center measures is expected to nearly triple from current levels to $45 billion worldwide by 2016, according to a new market analysis.

Pike Research’s review assesses investment IT equipment, power and cooling infrastructure, and monitoring and management tools, all of which includes data center dedications on modular storage units and cloud computing deployments. In the new assessment, Pike actually cut back its spending forecast by approximately $5 billion from a previous report, which notched green data center spending at $41.4 billion by 2015. Pike attributes that dollar reduction to macroeconomic conditions and uncertainty with electricity prices.

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