Co-Location / Colocation (COLO)
(Context: Data Center Facility)
(Context: Project Planning)
An organizational placement strategy where the project team members are physically located close to one another in order to improve communication, working relationships, and productivity.
A data center facility in which a business can rent space for servers and other computing hardware. Typically, a colo provides the building, cooling, power, bandwidth and physical security while the customer provides servers and storage.