Location Risk in Iceland - Perception vs Reality 2017
The country’s name may invoke thoughts of volcanoes, earthquakes and cold weather, but Iceland is nevertheless ranked as the world’s safest location for data centers in the 2016 Data Centre Risk Index by global consultancy firm Cushman & Wakefield. The reason behind Iceland’s high ranking is that the risk level for countries is determined by multiple factors and how they interact. A holistic risk approach is needed in determining suitable locations that foster successful, long-term operations.
Iceland offers a low-risk environment for data centers and other types of industries, which accounts for both risks and associated risk costs. This white paper, published by Landsvirkjun, provides an overview of the risks that industries face in Iceland. It also discusses possible mitigation methods and management decisions that can affect risk levels.
You can view the full report here.