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DATA HUB: Nextgen state manager James Reid at the company’s data centre expansion project in Shenton Park. Photo: Attila Csaszar

Internet and data bring IT investment

The ubiquitous influence of the internet in modern business has brought an uptick in investment in Perth’s data storage capacity, and into new high-speed subsea cables.

As Western Australian businesses and government agencies seek cloud-based solutions for their data storage, there has been a parallel demand in the more earthly infrastructure that makes the system function.

That includes fresh investment in data storage centres, which house enormous amounts of information in one central location, using economies of scale to deliver lower costs for end users.

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Closing price for the last 90 trading days
Source: Morningstar

Total Shareholder Return as at 31/07/17

1 year TSR5 year TSR
332ndMinotaur Exploration2%-18%
711thVocus Communications-60%17%
710 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
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25/08/16
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