Prime’s Silicon Valley data centers provide an excellent opportunity to advance your technology to one of North America’s top data center markets with 28 MW and excellent connectivity options.
The Silicon Valley data center market has been a top-three US region since the onset of the industry. Home to some of the largest tech companies in the world, NorCal boasts large, interconnection ecosystems for international and domestic network optimization.
Prime Silicon Valley data centers are located in Santa Clara and San Jose: the heart of the west-coast’s largest technology ecosystem. Each data center is purpose built, sustainable, and ready for today’s modern workloads. Learn more about how to get to market fast in this constrained market.
With Silicon Valley data centers in such high demand, power capacity is very hard to procure. If you are considering this market, now is the time to engage with providers like Prime who have secured the power you need for your next project and future expansion.
LEARN WHAT MAKES SILICON VALLEY SUCH A DESIRABLE DATA CENTER HUB.
|OVERVIEW | Silicon Valley includes major tech hubs such as San Jose, Santa Clara and Sunnyvale. Approximately 3,000,000 people call Silicon Valley home with the region boasting a highly diverse population base.
Many of the world's largest technology companies are headquartered in Silicon Valley, providing a strong financial foundation for the region.
|The talent pool in Silicon Valley is strong with a longstanding history of tech services and careers. A strongly educated workforce is fed / replenished by numerous local universities with active placement programs.
The area is served by three international airports and numerous regional airports for convenient travel. Enjoy world-class dining and entertainment throughout the region.
|MARKET SIZE | CBRE ranked Silicon Valley as the third-largest North American wholesale data center market for supply with nearly 370 MW added in H1'22 alone.
With ~50 data centers, Santa Clara is the heart of Silicon Valley hosting more than neighboring San Jose, Sunnyvale and Mountain View combined.
|Silicon Valley / Santa Clara has the lowest vacancy rate of any major North American data center market with 1.3% and experienced the second-highest absorption in at 56.2 MWs.
Resources for additional market information:
|POWER | One of the reasons Santa Clara is such an in-demand data center market is cost of power. Silicon Valley Power (SVP) provides the lowest power costs in Northern California.
In the wholesale data center business, one cent per kwh difference can mean $875,000 in savings/waste for a 10 MW data center per year depending on which side of the change you are on. All California utility providers passed through rate increases for 2023, so while costs are increasing, SVP remains cheaper than PG&E and other regional players.
|Renewable Power Sources | California passed SB100 which envisions a California with a greenhouse gas-free energy supply by 2045. SVP is ahead of schedule, with 50% of the entire grid projected as renewable by 2026. Renewable energy is in abundance and is delivered at the same cost as carbon-based energy sources.
Power Reliability | Silicon Valley Power has earned a Diamond Level Reliable Public Power Provider (RP3)® designation from the American Public Power Association for providing reliable and safe electric service. The Diamond Level is the highest designation that a utility can earn.
|NETWORK | Northern California is one of the ideal North American regions for connectivity services. Since the early days of MAE West, data has flowed through the region to and from APAC.
The original Palo Alto Internet Exchange or PAIX is now located inside an Equinix meet-me Room (MMR) and offers interconnection with hundreds of networks.
|Multiple subsea cable landing stations are close to Silicon Valley including Manchester and Morro Bay for access to Japan, Southeast Asia, China, Singapore and other APAC hubs.
Dark fiber access is abundant with multiple providers offering fiber ring access to regional carrier hotels / MMRs.
|RISK PROFILE | As it pertains to economic risk, the state of California is one of the strongest in the United States: second highest GDP growth in the nation between the fourth quarter of 2019 and first quarter of 2022.
Silicon Valley's tech-centric connection will play an even more important role in the state in 2023 and beyond.
|Risk of Natural Disaster | Northern California is a high-risk region for fires, earthquakes, drought and other disasters. Safety / Threat Level | Out of the 15 safest large cities in the US (with a population over 300,000) ranked by Forbes, Silicon Valley was number 9, demonstrating its high quality of life.