Uptime Institute, a Dominus Capital, L.P. portfolio company, announced today that it has completed its acquisition of Academia Group Limited and all of its global subsidiaries including CNet Training, Ltd. CNet Training has been designing and delivering professional network and data center infrastructure training programs since 1996 and has trained over 83,000 data center professionals across 45 countries.
“The data center industry is one of the fastest growing markets in the world. The continued, industry expansion requires a growing and diverse workforce, however concerns over the industry’s ability to attract, educate, and retain skilled technical staff persist. This acquisition will help our respective customers thrive in a rapidly changing ecosystem, by giving them access to a range of corporate learning and development technical education programs that are backed up by practical experience and specialized domain expertise,” said Martin V. McCarthy, CEO, Uptime Institute.
Over the last several years, Uptime Institute has established benchmarks for data center performance, resilience, sustainability, and efficiency. With companies across the world increasing their digital adoption initiatives, training and skills development is gaining more importance.
IT research firm Gartner predicts that worldwide IT spending will grow more than 5 percent in 2022 to $4.5 trillion. Gartner projects global spending on data center systems will grow to $226 billion in 2022, up 11.4 percent year over year.