A report published by Tariff Consultancy Ltd notes that European data centre revenue is "set to more than double over the five year period from 2010 to 2015, with net raised floor space to increase by 70%, driven primarily by price increases."

A roundup of data center industry news from Savvis (SVVS), Raritan, NaviSite (NAVI) and Active Power (ACPW).

Savvis (SVVS) will provide data center space for a global low latency trading platform for Thomson Reuters. It looks like the deal will include an expansion by Savvis into the Frankfurt market.

Vertafore, which provides IT services for the insurance industry, is moving its primary data center to a Fort Worth, Texas data center operated by managed hosting specialist Savvis Inc. (SVVS), the company said this week.

Savvis Inc. is outlining its new infrastructure as a service (IaaS) cloud computing offering, which will feature three tiers of pricing and features, all powered by the latest technology from Cisco and VMware.

A roundup of data center news about energy-aware routing, Tradebeam, Savvis Communications (SVVS), Juniper and XO Communications

Savvis, Inc. (SVVS) announced plans for a significant expansion to its Savvis NJ2 data center in Weehawken, N.J., citing growing customer demand for proximity hosting and low latency trading.

Savvis, Inc. (SVVS) announced plans for a significant expansion to its Savvis NJ2 data center in Weehawken, N.J., citing growing customer demand for proximity hosting and low latency trading.

Savvis Communications (SVVS) will continue to provide managed hosting and network services for Thomson Reuters, which has signed a three-year extension of its master services agreement.

Shares of Savvis Inc. (SVVS) were sharply higher Wednesday after the managed hosting specialist raised its financial guidance for Wall Street on several key metrics.