IT is a pretty dynamic sector to work in but it’s easy to get wrapped up in the goings-on within the industry and forget that outside factors also play a significant role. Energy costs are a good example and are becoming an increasingly strategic issue for the IT industry, especially large users such as datacenter owners and operators.
I was lucky enough to be invited to a recent event in Budapest, my home-town, at the Central European University (an institution established by international financier George Soros). The event was a talk by the chief economist of the International Energy Agency (IEA) Fatih Birol who was on hand to provide some perspectives on factors shaping global energy markets.
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