Technology strategy

CREDO Announces Close of $100 Million Series D Preferred Financing as It Continues to Lead in High Performance Networking Connectivity Solutions

Retrieved on: 
Tuesday, June 16, 2020

Credo , a global innovation leader in high performance, low power serial connectivity solutions, today announced the company has closed a Series D Preferred financing round of $100M.

Key Points: 
  • Credo , a global innovation leader in high performance, low power serial connectivity solutions, today announced the company has closed a Series D Preferred financing round of $100M.
  • Credo will use the funding to accelerate commercialization of its breakthrough 400Gbps and 800Gbps connectivity solutions for the Hyperscale Datacenter and 5G Carrier markets.
  • I am thrilled to be joined by a world-class group of investors supporting the continued growth of Credos business.
  • Credo is a leading provider of high-performance serial connectivity solutions for the hyperscale datacenter, 5G carrier, enterprise networking, artificial intelligence and high-performance computing markets.

QTS Expands Partnership with Duocast in the Netherlands

Retrieved on: 
Wednesday, June 10, 2020

The agreement adds to a growing list of connectivity options for QTS customers in Eemshaven and QTS' data center in Groningen where Duocast also has a presence.

Key Points: 
  • The agreement adds to a growing list of connectivity options for QTS customers in Eemshaven and QTS' data center in Groningen where Duocast also has a presence.
  • Duocast's presence in QTS' Eemshaven and Groningen data centers addresses growing demand for high-capacity, low latency connectivity services in the Netherlands and throughout Europe.
  • "QTS is highly focused on rapidly expanding connectivity services in the Netherlands supporting a variety of large enterprise and hyperscale needs," said Jan Daan (J.D.)
  • QTS' Groningen and Eemshaven data centers encompass approximately 158,000 sq ft. of raised floor and 30 gross megawatts of capacity within QTS' global footprint.

Shaping Europe’s digital future - Council adopts conclusions

Retrieved on: 
Wednesday, June 10, 2020

The Council adopted conclusions today on shaping Europes digital future, addressing a wide range of issues related to the implementation of the EU digital strategy.

Key Points: 
  • The Council adopted conclusions today on shaping Europes digital future, addressing a wide range of issues related to the implementation of the EU digital strategy.
  • The areas covered by the conclusions range from connectivity, digital value chains and eHealth to the data economy, artificial intelligence and digital platforms.
  • The text also highlights the impact of the digital transformation on fighting the pandemic, and its critical role in the post-COVID-19 recovery.
  • The conclusions were adopted by a written procedure.

Vantage Data Centers Expands Executive Team with Additions of Cecil Lepard and Shalini Sharma

Retrieved on: 
Thursday, June 4, 2020

Vantage Data Centers, a leading global provider of hyperscale data center campuses, today announced the expansion of its executive team with the additions of Cecil Lepard as senior vice president of corporate development and strategy and Shalini Sharma as senior vice president, general counsel.

Key Points: 
  • Vantage Data Centers, a leading global provider of hyperscale data center campuses, today announced the expansion of its executive team with the additions of Cecil Lepard as senior vice president of corporate development and strategy and Shalini Sharma as senior vice president, general counsel.
  • Lepard joins Vantage to spearhead the companys global strategy and M&A initiatives to drive growth through organic and inorganic means.
  • As Vantage continues our international expansion, we are adding key executives to help us strategically scale the business, said Sureel Choksi, president and CEO, Vantage Data Centers.
  • Vantage Data Centers powers, cools, protects and connects the technology of the worlds well-known hyperscalers, cloud providers and large enterprises.

STACK INFRASTRUCTURE Launches Into Arizona

Retrieved on: 
Wednesday, June 3, 2020

STACK INFRASTRUCTURE (STACK or the Company), the digital infrastructure partner built to help the worlds most innovative companies, today announced plans to expand its North American footprint in Phoenix with a new 79 acre site in Avondale, Arizona.

Key Points: 
  • STACK INFRASTRUCTURE (STACK or the Company), the digital infrastructure partner built to help the worlds most innovative companies, today announced plans to expand its North American footprint in Phoenix with a new 79 acre site in Avondale, Arizona.
  • The access to power, fiber, and land provides outstanding opportunity for scale, and the State of Arizona and City of Avondale teams are true partners, said Brian Cox, Chief Executive Officer of STACK.
  • The site will be available for hyperscale campuses and build-to-suit data centers ( HYPER STACK ), wholesale colocation and private data suites ( READY STACK ), and powered shell options ( POWER STACK ), all on a 12-month turnaround.
  • STACK provides digital infrastructure to scale the worlds most innovative companies.

Aligned Begins Construction on Second Hyperscale Data Center in Ashburn, VA

Retrieved on: 
Tuesday, June 2, 2020

Aligned , a leading data center provider offering innovative, sustainable and adaptable colocation and build-to-scale solutions for cloud, enterprise, and managed service providers, announces the expansion of its hyperscale data center campus in Ashburn , Virginia, beginning construction on a second 120 MW facility in Loudoun County.

Key Points: 
  • Aligned , a leading data center provider offering innovative, sustainable and adaptable colocation and build-to-scale solutions for cloud, enterprise, and managed service providers, announces the expansion of its hyperscale data center campus in Ashburn , Virginia, beginning construction on a second 120 MW facility in Loudoun County.
  • The expansion is driven by customer demand for additional capacity and Aligneds Expand on Demand infrastructure in the data center markets epicenter.
  • View the full release here: https://www.businesswire.com/news/home/20200602005137/en/
    Aligned Data Center Campus in Ashburn (Photo: Business Wire)
    Building on Aligneds existing 370,000 square-foot, 60 MW Ashburn data center completed in 2019, the adjacent new 513,000 square-foot facility will add 120 MW upon completion.
  • At full build, Aligneds master-planned Ashburn hyperscale campus will offer approximately 1 million square feet of space and 180 MW of capacity.

Frost & Sullivan Reveals Leading Innovators in the Australian Data Center Market

Retrieved on: 
Thursday, May 28, 2020

SANTA CLARA, Calif., May 28, 2020 /PRNewswire/ -- Frost & Sullivan's Australian Data Center Industry Radar has identified that organizations' strict requirements of data confidentiality and complete management control of their operations will push the demand for data center services in the country for the next five years.

Key Points: 
  • SANTA CLARA, Calif., May 28, 2020 /PRNewswire/ -- Frost & Sullivan's Australian Data Center Industry Radar has identified that organizations' strict requirements of data confidentiality and complete management control of their operations will push the demand for data center services in the country for the next five years.
  • This has strongly encouraged hyperscale cloud vendors, large enterprises, and highly regulated verticals (banking, financial services, and insurance) to invest in the Australian data center market.
  • To learn more about the Australian Data Center Market Frost Radar, please visit: http://frost.ly/43y
    For over five decades, Frost & Sullivan has provided research and analysis on the Australian Data Center industry to help investors, corporate leaders, and governments navigate economic changes and identify disruptive technologies, Mega Trends, and new business models.
  • This recently released Radar provides a benchmark of nine companies in the Australian Data Center industry to determine the top seven industry leaders excelling at innovation, poised for partnerships and ripe for investment.

Frost & Sullivan Reveals Leading Innovators in the Australian Data Center Market

Retrieved on: 
Thursday, May 28, 2020

SANTA CLARA, California, May 28, 2020 /PRNewswire/ -- Frost & Sullivan's Australian Data Center Industry Radar has identified that organizations' strict requirements of data confidentiality and complete management control of their operations will push the demand for data center services in the country for the next five years.

Key Points: 
  • SANTA CLARA, California, May 28, 2020 /PRNewswire/ -- Frost & Sullivan's Australian Data Center Industry Radar has identified that organizations' strict requirements of data confidentiality and complete management control of their operations will push the demand for data center services in the country for the next five years.
  • This has strongly encouraged hyperscale cloud vendors, large enterprises, and highly regulated verticals (banking, financial services, and insurance) to invest in the Australian data center market.
  • To learn more about the Australian Data Center Market Frost Radar, please visit: http://frost.ly/43y
    For over five decades, Frost & Sullivan has provided research and analysis on the Australian Data Center industry to help investors, corporate leaders, and governments navigate economic changes and identify disruptive technologies, Mega Trends, and new business models.
  • This recently released Radar provides a benchmark of nine companies in the Australian Data Center industry to determine the top seven industry leaders excelling at innovation, poised for partnerships and ripe for investment.

Mspark Announces Christopher Davis as Chief Information Officer

Retrieved on: 
Wednesday, May 27, 2020

HELENA, Ala., May 27, 2020 (GLOBE NEWSWIRE) -- Mspark, a leading national shared mail company, has hired Christopher Davis as Chief Information Officer.

Key Points: 
  • HELENA, Ala., May 27, 2020 (GLOBE NEWSWIRE) -- Mspark, a leading national shared mail company, has hired Christopher Davis as Chief Information Officer.
  • As Chief Information Officer, Christopher will be responsible for developing and executing the enterprise-wide IT strategy and ensuring its alignment with Msparks overall business strategy, and delivering capabilities required to achieve business success.
  • Christopher brings a vast background spanning 25 years in IT strategy, IT process, software development, business intelligence, e-commerce, and systems infrastructure.
  • Christopher is a proven leader, driving efficiencies and alignment with corporate goals to support company growth, said Lori Sigler, Chief Operating Officer and Chief Financial Officer at Mspark.

GCC Data Center Market (2020 to 2025) - Impact of COVID-19 - ResearchAndMarkets.com

Retrieved on: 
Friday, May 22, 2020

The GCC data center market is expected to grow at a CAGR of over 3% during the period 2019-2025.

Key Points: 
  • The GCC data center market is expected to grow at a CAGR of over 3% during the period 2019-2025.
  • Managed services continue to dominate the GCC data center services market, where colocation has gaining increased traction in the last two years.
  • Hyperscale data center providers contribute to market growth through cloud investments in GCC countries that include Oracle, AWS, IBM, and Microsoft.
  • The average rack power density is 3-5 KW, which is expected to grow to 8-10 kW by 2025 across GCC data center market.