The centers along the M1 Corridor could benefit from company relocations. Rising demand for broadband connectivity and the desire to have rapid access to information mean that increasingly landlords are expected to take account of the new technology in their development programmers.
The principle has particular relevance to serviced offices and multi-tenanted accommodation, where tenants are provided with fast access to full bandwidth at significantly reduced costs.
Demand for serviced offices has been rising, as occupiers want more services to support the running of an efficient office, while they focus on their core business.
Similarly, broadband connectivity allows large office occupiers, such as banks, government agencies and utilities, to meet business needs on a much wider scale by allowing large transference of data between sites.
For landlords in general, broadband connectivity will ensure improved marketability of their buildings and business locations. Furthermore, by buying bandwidth wholesale and selling retail, there is also scope for generating additional income.
The new technology should help the development of new markets. A telephoto or collocation facility is a warehouse full of servers on switches located in close proximity to the fibred backbone and power. What telephotos offer are a combination of cost cutting, efficiency and an enhanced form of web hosting a Leading Conveyancing.
For a company to set up its own internet and intranet facilities it would have to go through a process of buying all the technology, servicing it and upgrading it. Furthermore, it would need to ensure that it can achieve “redundancy” – this means that if a component breaks down, it is redundant anyway, because the company would have another as replacement.