(CNN) -- Businesses are increasingly moving their data storage to big, purpose-built facilities around the world, according to the CEO of Outsourcery -- the UK's leading cloud computing firm. The growing stream of data that need to be stored is prompting companies to look at alternative ways to keeping the information, rather than simply storing it office-based servers. "In the informational economy, data is everything," explained Outsourcery CEO Piers Linney. "If you go down for whatever reason, you lose everything." The Nordic region is positioning itself as an ideal location for data-storage centers, with its cold climate helping the sophisticated, high-powered equipment to remain cool.
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Businesses are moving data storage to purpose-built facilities, says cloud computing CEO
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The Nordic region is positioning itself as an ideal location for data storage centers
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The small Swedish town of Lulea has managed to lure Facebook to locate its storage center there
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