Tag Archives: data centers

technology

SRP prepares grid to support new technology systems

A unique partnership between Salt River Project and BASELAYER, the advanced data center hardware and software company born within IO, will provide an innovative approach to supporting the addition of critical data centers in the Valley.

Data centers support modern computer technology information systems such as the Internet.  They are also large consumers of power, and require an extremely reliable power source.  Through advanced technology solutions, data centers are now being built to support the industrial Internet and fuel the success in the new Internet of things.

SRP intends to deploy BASELAYER’s modular data center technology in locations near its existing electrical infrastructure where they can be connected directly to the energy grid.   SRP sees the new concept, to be named SRP DataStations, as a solution that would allow for data center growth with minimal impact to the community in relation to new power line construction.

“SRP has a long and rich history of forecasting future community needs while planning for them today,” said Mark Bonsall, SRP’s general manager and chief executive officer. “Investments and partnerships made by SRP over the past century in infrastructure such as dams, reservoirs and canals, as well as the electrical grid, have resulted in low-cost and reliable supplies of water and energy.

“Like the need for water and power, the future need for information could have a similar economic impact on the Valley and, as such, is worth evaluating and planning for.”

Similar to power stations on the power grid, Bonsall said SRP DataStations will play a critical role as a hub on the computing grid of the future. By leveraging these assets, SRP could build its DataStations where highly reliable power and telecommunications intersect – such as near power stations.  These SRP DataStations would then be populated with modular data centers, which will provide a quick and modular growth model for data center expansion.

“That will also reduce the cost for the operators and reduce the impact to the community since few additional power lines, if any, will need to be built as power stations have enough electricity to support existing growth at that location,” said Michael Lowe, assistant general manager and SRP’s chief customer executive.

SRP is working with BASELAYER to deploy the first DataStation in 2015.  The SRP DataStation will reside in close proximity to an existing power station with redundant, high-voltage power feeds and fiber optic cables.  The SRP DataStation will contain BASELAYER’s latest modular data center, specifically designed for this grid-integrated application.

By connecting these redundant power feeds directly to the modular data center, the data center will receive such a high level of power reliability that backup power infrastructure may not be required.  If the prototype performs as planned, Lowe said SRP DataStations could be available for commercial placement of modular data centers in the near future.

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IO Expands into Asia Pacific Markets

IO, the Phoenix-based global leader in software-defined data centers, today launched its Asia Pacific operations with Singapore as regional headquarters. This initiative advances the company’s committed expansion strategy to serve its global customers in one of the fastest growing markets in the world.

IO chose Singapore to address customer demand for software-defined data centre technology in the Asia Pacific region. The Republic provides a robust partner ecosystem, business-friendly environment, global talent and advanced technology infrastructure that strongly position IO to meet the needs of the world’s most demanding clients.

At launch, IO has in place all the facets of the business – customers, technology innovation, ecosystem partners and talent – to position the company for regional success. As part of its long-term, strategic technology partnership with IO, Goldman Sachs is utilising the IO Intelligent Control platform at IO Singapore, the company’s first modular software-defined data centre outside North America.

Earlier this year, IO established a distribution partnership with Tractors Machinery International Pte. Ltd in Singapore, Malaysia and Brunei, and at the Singapore Innovation Forum in June, the company announced an engineering partnership with McLaren Applied Technology. IO has attracted top-caliber executive talent for its Asia Pacific operations, led by Adil Attlassy, Executive Leader, Global Operations of IO and Peter Goh, Group Leader, APAC of IO.

From its base in Singapore, IO will deliver Data Centre as a Service (DCaaS™), using the company’s software-defined data centre technology: IO.Anywhere® and IO.OS®. The IO Intelligent Control platform improves data centre agility, reliability, security and sustainability. It has achieved MAS Certified Green® certification, demonstrating ability to provide customers with highly-energy efficient and sustainable data centre infrastructure. IO DCaaS enables software-defined cloud deployments at any scale so customers deployonly the data centre capacity needed to support their business applications, while also having the agility to add more capacity quickly and without interruption to operations.

“We warmly welcome IO’s decision to expand its software-defined modular data centre business in Singapore. IO’s data centre and technology will add to the vibrancy of the infocomms ecosystem here, and reinforce Singapore’s position as a data management hub,” said Mr. Jayson Goh, Executive Director of Infocomms and Media of the Singapore Economic Development Board (EDB). “We are confident that IO will be able to leverage Singapore’s market connectivity, global talent and business-friendly environment to enhance the delivery of technology to its clients.”

“IO’s long-term commitment to the Asia Pacific markets and to Singapore is demonstrable by the significance of our presence in Singapore. In preparation for our launch, IO has developed a world-class team of people, critical regional ECOSYSTEM partnerships, a centre of excellence for innovation in sustainability and most significantly, the deployment of the IO Singapore software-defined data centre,” said George Slessman, IO Chief Executive Officer and Product Architect. “The incredible growth of Singapore and the region is awe-inspiring, and we are proud to be a part of this extraordinary opportunity and community.”

According to Forrester Research, clients in Asia Pacific face increased pressure to build and run their IT systems in a sustainable and green manner. Forrester has forecasted that data centre services growth in the region would more than double GDP growth from 2010 to 2015, at 23% CAGR, with demand fueled by a need for reliable and cleaner power, escalating real estate costs, and a desire to move from fixed to circulating capital operating models. Forrester’s research shows that more than half of Asia Pacific firms want to move from capital expenditures (capex) to an operational expenses model (opex), and that third-party data centre providers are able to provide cost savings to both the CIO (in terms of immediate savings in the IT budget) and the CEO/CFO of the business (in terms of decreased risk of downtime).

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Established CFO Brings Tech Experience to IO

IO, a global leader in software-defined data centers, today announced Michael Berry has joined the company as Chief Financial Officer. Mr. Berry will be responsible for financial planning and analysis, accounting, operations, treasury activities and investor relations, and will report to CEO and Product Architect, George Slessman.

“I am very happy to have Mike join IO,” said Slessman. “His experience as a proven operational leader and technology executive will support IO’s growth and provide a solid financial and operational foundation for the organization.”

Berry joins IO from SolarWinds, a publicly held international provider of IT management software with approximately $300 million in annual revenue and over $3.5 billion in market capitalization where he was Executive Vice President and CFO.  He overhauled the company’s financial planning process and was instrumental in completing ten acquisitions and leading the maintenance renewal team to strong and consistent revenue growth. From a financial perspective, during Mr. Berry’s tenure the company achieved non-GAAP operating profit of greater than 50 percent for eleven straight quarters, and increased operating cash flow by 33% while growing total revenue by 28% on an annualized basis. Prior to SolarWinds, Berry was CFO at i2 (NASDAQ: ITWO), a publicly held, international provider of supply chain software and services. At i2, he rebuilt and scaled the finance and investor relations organizations, led the implementation of several financial planning systems, and played a key role in several strategic initiatives including the acquisition of i2 in January 2010 by JDA Software.

“I could not be more excited about joining IO,” said Michael Berry, IO’s new CFO. “Our leadership position in the foundation technology of the cloud, visionary leadership, marquis enterprise customers and disruptive technology, combined with my experience building the financial and operational foundation for proven technology companies, is a once in a lifetime opportunity.  It is truly a great fit that aligns very well with my personal and professional goals and objectives.”

Prior to his CFO experience, Berry served in various executive roles at The Reynolds and Reynolds Company, a provider of software and services to the retail automotive industry, most recently as Senior Vice President of Solutions Management, Development and Operations. He has also held executive management positions at Comdata Corporation and Travelers Express Co. (now MoneyGram International). Berry is currently a Member of the Board of Directors and Audit Committee Chairman for Rapid7, a privately-held security software company based in Boston, Mass.

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IO Raises $260 Million in Financing

IO, the global leader in software-defined data centers, today announced the closing of a new $260,000,000 multi-year credit facility led by Wells Fargo. IO’s existing bank group, consisting of Wells Fargo and Mutual Bank of Omaha, has been expanded to include Bank of America, Bank of Montreal, JPMorgan Chase Bank, Royal Bank of Canada, National Bank of Arizona, Goldman Sachs Lending Partners and Morgan Stanley Bank.

“We are pleased to have led the charge in this financing for IO, and we look forward to IO’s continued success and growth,” said Frank Pizzo, managing director and head of the Loan Syndications and High Yield Debt Capital Markets group at Wells Fargo Securities.

“This new credit facility will help IO to continue to design, engineer and deliver the world’s leading software-defined data center technology,” said George D. Slessman, IO CEO and Product Architect. “Our IO Intelligent Control® platform solves the data center needs of our customers in an efficient, scalable and cost-effective manner. We are pleased to continue our relationship with Wells Fargo and Mutual of Omaha, and welcome the new members of the bank group to IO.”

Wells Fargo Securities, BMO Capital Markets, J.P. Morgan Securities, Merrill Lynch, Pierce, Fenner & Smith Incorporated and RBC Capital Markets served as joint lead arrangers.

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IO Closes $90 Million In Funding Led By New World Ventures

Phoenix-based IO, the leading provider of next-generation modular data center technology and services, today announced it has raised $90 million in equity from a group led by New World Ventures, a Chicago-based venture capital firm focused on technology innovations that fundamentally change markets. Existing IO investors also participated in the funding.

“From the moment we saw this product, we knew it would revolutionize the industry,” said Chris Girgenti, New World Ventures managing partner and newly appointed member of IO’s Board of Directors. Girgenti added: “Designed from the ground up, IO delivers world class data center infrastructure capacity at substantially lower capital cost, with significantly shorter lead times, while providing industry leading energy efficiency. Led by a terrific and deep team, IO is set to make some big waves.” The New World Ventures investment of $50 million is the largest single transaction in the fund’s 15-year history.

IO delivers Data Center 2.0 technology to the world’s largest enterprises, governments and service providers. Data Center 2.0 solutions enable organizations to shift from real estate-embedded infrastructure to efficient, sustainable, and software-driven modular installations. IO’s Data Center 2.0 products and services allow companies to implement only the data center capacity they need to support business requirements, while also providing the ability to add more capacity quickly without IT downtime. IO’s integrated hardware and software technology enables significant operating and capital expense savings and supports energy conservation initiatives.

“We are very excited to have New World Ventures as an investor and partner,” said George D. Slessman, IO chief executive officer. “With this round of capital investment, we will expand our sales footprint globally and position IO as the global leader in Data Center 2.0 technology.”

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Data Centers Flock To Metro Phoenix

More developers of data centers where companies store equipment for online communications are choosing Phoenix for their real-world destination.

The Arizona Republic reports analysts say geographic and economic factors are making metropolitan Phoenix a top-10 market for data centers.

Analysts speaking at a seminar in Chandler on Friday say the area offers low taxes, cheap energy and is close to West Coast markets. They also say Phoenix is considered a city that has low risk of natural disasters.

Cincinnati Bell Inc. began construction in May on what is slated to be the largest data center in metro Phoenix. The 1-million-square-foot facility in Chandler will provide information-technology needs to large companies in the West.

Analysts say there are 32 major data centers in total in Phoenix.