Location is one of the most critical factors in determining where to build a data center, particularly when it comes to such drivers as cost of electricity, average year-round temperatures, the security of the site, and whether the primary source of electricity is clean or dirty.

So, if a company could choose any spot around the globe as the site for a new data center, what would be the top choice? According to a new report compiled by Ronald Bowman, executive vice president of Tishman Technologies, that site could very well be in Reykajavík, Iceland. The country is blessed with an abundant source of clean, low-cost geo-thermal and hydro-generated electricity and access to cool water for free cooling.

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