VP Business Development
Senior Business Development Specialist
President & CEO
Economic Development Analyst
The Buffalo Niagara region gives data centers several advantages over other locations—not the least of which are our low natural disaster risk, low-cost hydropower, and a temperate climate that allows for free cooling using ambient air. That’s just a few of the many reasons why Yahoo! opened a $300 million data center and created 125 jobs here in 2013.
Why Data Processing Companies Are Thriving In Buffalo Niagara
The Buffalo Niagara region is home to well-known data processing companies like Black Rock, HSBC, M&T Bank, Verizon, and Yahoo!
Data processing companies are thriving here due to key factors such as:
Environmental. For optimized data centers, environmental factors are just as critical as housing and securing servers, uninterruptible power supply, network infrastructure, and fire suppression systems. Mild climates help mitigate design, cooling, and ventilation costs. Our climate averages 48 degrees Fahrenheit (8.88 degrees Celsius), with only a few days per year exceeding 90 degrees Fahrenheit (32.22 degrees Celsius). Minimized risk from tornadoes, hurricanes, and earthquakes is another reason Buffalo Niagara is ideal for data processing companies. In 2017, Trulia ranked Buffalo Niagara as one of America’s safest cities from natural disasters.
Skilled Workforce. Data processing companies in Buffalo Niagara enjoy access to more than 6,200 trained software developers within 60 miles (U.S. only). The field is poised for a projected growth rate of 6.6% over the next five years. Labor costs are affordable to employers while employees enjoy a low cost of living, both below the median national average.
Low-cost Hydropower. Buffalo Niagara is strategically located on the shores of the mighty Niagara River, which provides clean, green, low-cost hydropower. New York State law reserves and allocates hydropower incentives for companies planning to build or expand in the Buffalo Niagara region.
Valuable incentives. Property taxes in New York State are imposed on real property only. New York State is one of only 10 states nationwide in which personal property, whether tangible or intangible, is statutorily exempt from state and local taxes. This “property” typically accounts for a majority of a data processing center’s capital costs and can include servers, computers, and maintenance and utility infrastructure.
A proven track-record of data processing success makes your decision easy. Download our free Advanced Business Services guide for additional incentive highlights, support services, real estate options, and an expansion checklist.