Inexpensive power draws co-location company to Iceland


Verne Global, founded in 2006, claims it can save U.S. customers 30% in total co-location costs, and that United Kingdom customers can save 50% to 60%.

Cantrell admits not every application will be appropriate for the Iceland facility, because of latency. A virtual desktop deployment in New York, Boston or northern Europe might work, but perhaps not in California. services, media applications, disaster recovery and archiving could be a fit for the Iceland data center, and businesses with offices in both North America and Europe might have numerous applications they want to locate there, he says.

"All companies have applications that would work in Iceland," Cantrell says. "The only applications which don't work in Iceland are the ones that have to be located very close to the trading floors of the financial exchanges, where you need millisecond to microsecond latencies."

Verne Global says it is 18 milliseconds from London and 36 milliseconds from New York. The data center is being built at the United States Naval Air Station Keflavik, a former NATO facility in southwest Iceland that was closed in 2006 and taken over by the Icelandic government so it could be redeveloped.

When the data center opens this year it will have 48,000 square feet of technical space and a power capacity of 14.4 megawatts. When it is fully built out, Cantrell says it will have up to 280,000 square feet of computing space and as much as 140 megawatts of power.