BY KEVIN ROBINSON-AVILA / JOURNAL STAFF WRITER OCTOBER 27TH, 2021 – Facebook will add two more buildings to its massive data
New Mexico’s access to top quality talent, exceptional research and education facilities, and very competitive electric power costs, coupled with a virtual lack of disruption risk, have driven the growth of a vibrant and diverse IT ecosystem encompassing everything from major established software development companies to data centers to cutting edge start-ups and everything in between.
Over 300 days of sunshine per year and a lack of natural disasters means New Mexico is a prime location for high business uptime.
New Mexico’s electricity rates are 15.8% below the national average, providing some of the lowest rates in the nation.
Facebook is investing over $1B in a new 2.8 million sq. ft. data center in Los Lunas and plans to be powered by 100% renewable energy.
New Mexico provides a unique opportunity for IT companies; the ability to access high-end IT and R&D talent in fields such as artificial intelligence, cybersecurity, supercomputing, big data, and imaging. New Mexico’s long history of R&D and the presence of two national labs, Sandia and Los Alamos, as well as a wealth of other talent sources have helped build this talent pipeline.
New Mexico’s prime location in the southwest provides an extremely low risk of disruptive weather events such as earthquakes, tornadoes, hurricanes, flooding, or other natural disasters. This means data centers in New Mexico benefit from a higher business operations uptime.
New Mexico also delivers some of the lowest electricity rates in the nation, 15.8% below the national average in fact. And, for companies trying to go green, New Mexico has long been a leader in renewable energy production and has a climate ideal for solar and wind production. While low land, construction, power, and operating costs mean New Mexico data centers benefit from a unique cost advantage.
Emerging technologies thrive in New Mexico and quantum computing operations are no different. The state’s unique access to world-class R&D institutions and a wealth of experienced talent put New Mexico at the front of the pack.
New Mexico is already home to leaders in the industry like SavantX and one of New Mexico’s major universities, UNM, became IBM Q Hub’s first university member.