CoreSite, started in 2001, has over 2.5 million square feet of data center capacity and is included in WiredRE’s “Big 6” data center providers. In Q2 CoreSite signed 121 leases resulting in $9.4 million in annualized revenue, a value of $77,685 per annual client contract. This revenue breaks down to a monthly recurring revenue (MRR) … Read more
Silicon Valley is known for being the center of innovation and for start-ups that turn into booming Internet businesses. In the first quarter of 2014, the San Francisco Bay Area received 50% of U.S. venture investment according to the Venture Capital Journal. Beyond receiving such a remarkable percentage of the development funds, the city of … Read more
Skybox Datacenters announced in July that they have begun construction on a new Houston data center in the city’s Energy Corridor.
In August, researchers from the Massachusetts Institute of Technology will be presenting a paper on a new network management system they’ve dubbed Fastpass, which allows for “no-wait data centers.”
Chicago Mayor Rahm Emanuel announced in June that the city was launching Data Center Express, an effort to streamline the Chicago data center startup process.
DigitalOcean announced in July that it will be opening a new London data center.
The U.K. government announced in July that they are looking for a partner to help manage U.K. data centers hosting official and top secret data for the government starting in 2015.
As part of an overarching data center consolidation plan, the U.S. Defense Information Systems Agency (DISA) has closed eight U.S. data centers.
Unisys Corp. announced in July that it was chosen to host a government cloud computing program requiring consolidation of Pennsylvania data centers.
BlackRock Inc. announced that it has selected Amherst for the site of its New York data center after being offered more than $9 million in data center tax incentives.
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