Data centers are now associated with critical functionalities and have become an important need for both corporations and governments. Firms like CyrusOne (CONE) are effectively capturing this opportunity. Cloud-based service and IoT are some of these functionalities which continue to drive data center needs. Despite the hyperscale data center facilities by mega firms, comparatively smaller ones have their place too. A research report from Research and Markets indicates that data center investments in APAC and Middle East are growing gradually, which I think at least partially implies the usefulness of cloud and IoT,