Data centers, the backbone of cloud services, are significant energy consumers.
In 2023, the market was valued at approximately $25.20 billion and is projected to grow at a compound annual growth rate (CAGR) of 19.2% from 2024 to 2030.
Innovations such as advanced cooling systems and energy-efficient hardware are reducing the energy footprint of data centers.
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Senay Ataselim-Yilmaz, Chief Operating Officer, Turkish Philanthropy Funds, writes that philanthropy often solves the very problems that stems from market failure. Some social issues, however, Â cannot be tackled by questioning the return on investment.