NextDC

Sustainable competitive advantages are rare. Most companies grow and succeed because they opportunistically sell something the market isn’t providing. Over time, as others realise how attractive a gap they’ve ‘filled’, outsized returns evaporate. This is how a market economy is supposed to work. Take recently listed data centre provider NextDC for example. Started by Bevan Slattery, founder of PIPE Networks (purchased by TPG Telecom in 2009), NextDC has, in a very short space of time, done an admirable job. It has opened three data centres in Sydney, Melbourne and Canberra with more on the way in Sydney and Perth....

Sustainable competitive advantages are rare. Most companies grow and succeed because they opportunistically sell something the market isn’t providing. Over time, as others realise how attractive a gap they’ve ‘filled’, outsized returns evaporate. This is how a market economy is supposed to work.

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