• Home
  • News
    • Business
    • Crime / Courts
    • Health / Medicine
    • Legislature
    • Politics / Govt
  • Sports
    • The Bill Pollock Show
  • Contact Us
    • Reporters
  • Affiliates
    • Affiliate Support

Missourinet

Your source for Missouri News and Sports

You are here: Home / Business / Creating a home for data

Creating a home for data

February 8, 2010 By [email protected]

All of the computer data we create every day doesn’t just disappear. Billions, trillions, of bytes are stored somewhere. An effort is underway at the Capitol to get more of those storage places built in Missouri.

Server farms, they’re called. Or data centers. They’re warehouses that process data every hour of the day, every day of the year. These are the places that store or process credit card records, hospital records, pharmacy records, driving records, business records. You name it, all of this stuff has to be stored somewhere.

It’s a fast-growing business and some experts say Missouri is missing the big boat becaue it’s not offering incentives to plant those farms and warehouses here.

Ora Bailey of Kansas City, who heads the Missouri Coalition for Data Centers, says “As the U.S. produces less physical product, it processes more data. This is where the growth in the economy is occurring. The data center economy in the U.S. right now is $27 billion and it’s growing at eight percent a year.”

She and others are hoping the legislature passes a law that exempts those businsses from state and local sales and use taxes. She says it can make a difference in whether or not Missouri gets businsses worth billions. In fact, she says some businesses already have stricken Missouri from their go-to list because this state hasn’t provided those tax beaks.

A state Senate committee is considering the idea.

Listen to the committee testimony 18:33 mp3

Share this:

  • Facebook
  • Twitter

Filed Under: Business, Legislature

Subscribe to our daily newsletter


Tweets by Missourinet

Sports

Missouri State Football earns share of Missouri Valley title–first since 1990

Missouri … [Read More...]

Arenado: “Just an amazing day, very thankful for it,” after his homer leads Cards to victory

Nolan … [Read More...]

Mizzou basketball adds former K-State guard

Mizzou … [Read More...]

Cardinals home opener today, Matheny vs LaRussa and Blues end their skid (AUDIO)

Cardinals … [Read More...]

Nicky Lopez making the most of his second chance with the Royals (AUDIO)

Royals … [Read More...]

More Sports

Tweets by missourisports

Archives

Opinion/Editorials

TwitterFacebook

Copyright © 2021 · Learfield News & Ag, LLC