Iron Mountain® Incorporated (NYSE: IRM), the storage and information management company, has begun construction on its first regional data center in Northborough, Mass. The news comes just five months after the company’s entry into the multi-tenant data center market, when it began leasing wholesale and retail colocation data center space in its premier underground facility in western Pennsylvania.
Set to open its doors in early 2014, Iron Mountain’s Boston Data Center will feature a Tier III-certified design and construction and offer the region’s only LEED Gold certified facility -- providing a resilient and energy-efficient environment. The new data center will add to an existing campus of records storage centers the company maintains in Northborough, a central location for businesses in Massachusetts, Rhode Island, eastern Connecticut, southern New Hampshire and Maine.
The company expects highly regulated organizations will find the site an attractive option for meeting stringent industry requirements on the storage and management of information. Complementing the secure data center facility, Iron Mountain will offer comprehensive services for the careful management of data assets, including migration, networking, tape handling, IT asset tracking, disposition and more.
“Home to many highly-regulated organizations, the greater Boston area is underserved in terms of access to area data centers capable of meeting their unique needs,” said Mark Kidd, Iron Mountain senior vice president and general manager, data centers. “With security and compliance at the core of Iron Mountain’s operations, those highly-regulated industries like healthcare, biotech and financial services can now choose a better-suited option for their data center operations.”Kelly Morgan, a research manager for 451 Research, speaks to the market need: “We believe that new data center facilities meeting HIPAA and PCI-DSS requirements as well as achieving Uptime Institute certification for Tier III design and construction will see strong demand. In addition to offering a level of security and compliance expertise that other colocation providers will find hard to match, Iron Mountain has created a data center co-location facility that is within a drivable distance for many of the Northeast region’s healthcare and financial services companies. This provides an added level of comfort as they evaluate their options for outsourcing data center operations.”
Select the service that is right for you!COMPARE ALL SERVICES
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV