co-location

Placing equipment owned by a customer or competitor in an organization's own facility. Telephone companies often allow co-location in order to provide the best interconnection between devices.

Ping Power Pipe
ISPs offer co-location by providing space, power and a link to the Internet for their customers' servers. They do not perform maintenance or troubleshooting, only a repetitive test to make sure the servers are running. The customer will be notified if the server fails. Known as a "ping power pipe" arrangement, "ping" means sending a packet to the server to see if it responds, "power" is electricity, and "pipe" is the line to the Internet.

Computer distributors and resellers may locate their warehouse within the PC vendor's facility to improve turnaround time to resellers and customers. Contrast with managed services.

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(networking)

co-location - /koh'loh-kay`sh*n/ or /koh`loh-kay'sh*n/ (Or "colocation") Providing network connections such as Internet leased lines to several servers housed together in a server room. This is typically provided as a commercial service. The hyphenated form is correct and the most common on the web, followed by "colocation". "collocation" (/ko`loh-kay'sh*n/, not /koh'-/), is an old word with a similar meaning. It is common in dictionaries and follows the pattern of other Latin-derived words like collect, college, and collate, but is least common on the web. The verbal form is "to colocate" or "co-locate" (commonly /koh'loh`kayt/, also (US) /koh`loh'kayt/).