VeriCenter Completes Data Center Expansions
Additional capacity supports continued growth to meet market demand.
Houston, TX (PRWEB) October 23, 2006 -- VeriCenter, Inc., a leading managed services, application hosting and IT infrastructure outsourcing company, announced today that it has successfully added 40,000 square feet of revenue-producing data center capacity within VeriCenter's existing data center facilities in four major markets across the United States.
VeriCenter operates a nationwide network of premier data center facilities in six major U.S. cities. With over 450,000 gross square feet of data center facilities, VeriCenter has the potential to build out over 250,000 square feet of conditioned revenue-producing raised floor space. These recently completed expansion projects -- in VeriCenter's Atlanta, Boston, Dallas, and Denver data center facilities -- bring VeriCenter's current level of production raised floor space to 145,000 square feet. At this time, VeriCenter fully utilizes only 20% of the potential capacity of its data center facilities, leaving plenty of headroom for continuing its rapid growth.
"VeriCenter has grown revenues for 25 consecutive quarters at an annual growth rate of 135%, and we plan to continue increasing our market share in the managed services, application hosting and IT infrastructure outsourcing markets," said Gray Hall, CEO and president of VeriCenter. "The quality of our data center facilities is outstanding. Our additional capacity provides us with a competitive advantage and gives us the ability to scale quickly to meet market requirements on demand."
"The demand for high quality data center space has never been stronger due to enterprise regulatory and business continuity requirements, not to mention the explosive growth in Internet traffic, said Daniel Golding, Vice President & Senior Analyst for Tier 1 Research. "We are seeing demand outpace supply by a factor of 4 in the near and mid term. Overall data center supply has been increasing very slowly -- only 2.3% in the last year, while demand has increased 9.2%. VeriCenter is clearly meeting a strong market demand with their continued expansion drive."
Business customers considering managed services, application hosting and IT infrastructure outsourcing typically look for a service provider that has the capacity to serve them now and in the future. Much of today's demand for data center capacity includes the need to operate dense server and storage environments with heavy power and cooling requirements. Running dense computing environments in legacy data centers is difficult due to the power and cooling design of older facilities. As a result, data center outsourcing has become an increasingly popular trend for enterprise IT departments seeking to offload management of IT infrastructure and leverage the economies of scale provided by service providers such as VeriCenter.
"We're seeing more and more businesses seeking help in hosting web and business applications as they reach the limit of their internally available space and power," said Hall. "VeriCenter is fortunate to have world-class data center space available nationwide, as well as the ability to provide managed services to these customers."
Each VeriCenter data center facility is SAS 70 Type II compliant, rides a Tier 1 backbone with diverse path connectivity, and is backed by fully redundant power and environmental systems. VeriCenter customers can select from a comprehensive range of managed services including management of servers, storage, backups, network, databases and security.
About Tier 1 Research
Tier 1 Research -- an independent division of The 451 Group -- analyzes the financial and industry implications of developments impacting public and private companies within the IT, communications and Internet commerce sectors. The Tier 1 Research division blends traditional "Wall Street" investment research with industry analysis to deliver dynamic market and financial intelligence. The division's clients include institutional investors and technology vendors, along with end users and venture capitalists. These clients leverage T1R analytical insight for idea generation, trend identification, due diligence and grounded opinions, as well as metrics and forecasts on companies and industries covered. Since it's founding in August 2000, the Tier 1 Research division's coverage has spanned the largest publicly held technology companies, as well as smaller, pioneering public and privately held companies, to provide comprehensive assessments of all companies impacting the technology marketplace in a meaningful way. The Tier 1 Research division of The 451 Group is headquartered in Minneapolis. For additional information on its research coverage and services, visit: www.tier1research.com
About VeriCenter, Inc.
VeriCenter, Inc. is a leading managed services, application hosting and IT infrastructure outsourcing company for large and mid-market enterprises. From its nationwide network of seven premier data center facilities, VeriCenter provides a comprehensive range of managed services including management of servers, storage, backups, network, databases, security and data centers to more than 600 business customers in a broad range of industries. In addition to providing cost savings through economies of scale, VeriCenter delivers value to its customers by providing application availability, reliability and scalability, combined with a flexible and service-oriented culture, and by continuously adapting services to incorporate advances in infrastructure technology such as virtualization and utility computing solutions. In both 2005 and 2006, VeriCenter was recognized in the Inc. 500 as one of the fastest-growing companies in the United States. Please visit: http://www.vericenter.com/ or read our customer case studies http://www.vericenter.com/customers/index.aspx.
VeriCenter, Inc.
Headquarters
757 N. Eldridge, Suite 200
Houston, TX 77079
Media Contact:
Jennifer Z. Lozier, Director of Marketing
Direct: 281-584-4506
VeriCenter and the corporate logo are registered trademarks of VeriCenter, Inc.
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