Data Centre Magazine June 2023 | Page 125

“ Right now , people are tightening up their purse strings . Power prices are going up , and actually , the hyperscalers are putting their prices up as well ”

JAKE MADDERS CO-FOUNDER & DIRECTOR , HYVE MANAGED HOSTING businesses to look for someone with a fixed billing model .
“ The industry has a trend of people trying to cut costs and choose solutions that predict their yearly hosting bills ,” Madders explains .
“ So , another big reason behind repatriation is because they want to know , ’ What is my three-year contract going to look like ?’. And we can tell them exactly , to the pound . It is a fixed billing model that we provide for them . And then , if they need to , they can add further resources later on down the line . But that occurs because they ’ re growing , so they ’ re happy to do so .”
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