Digital Realty Enables Cloud, Helps Customers Stay Connected In London
London-based connectivity solutions bundled with high availability create
ideal cloud delivery platform
LONDON, March 20, 2013
LONDON, March 20, 2013 /PRNewswire/ -- Digital Realty Trust, Inc. (NYSE: DLR)
today announced the release of a white paper titled "Enabling the Cloud:
Digital Realty and the Next Generation of Data Centre Connectivity in Europe."
The paper discusses in detail how Digital Realty is addressing the
connectivity-specific needs of UK-based enterprise customers that are either
providing or using cloud and/or virtualization services.
"More and more enterprise customers are viewing the cloud as a key strategic
business tool, and, as such, are increasingly moving toward a cloud-based
service delivery platform," said Robert Bath, vice president of Engineering,
Digital Realty, Europe, and author of the paper. "With the adoption of this
new strategy come certain challenges for customers, which are primarily
related to issues around fibre optics and network connectivity."
The white paper focuses on how Digital Realty is uniquely positioned to help
its enterprise customers overcome these challenges through its deployment of a
high-capacity, high-availability network in the greater London area combined
with a host of complementary connectivity solutions that are provided by a
variety of carriers with whom the Company has longstanding relationships.
Key Customer Requirements
In the paper, Digital Realty identifies the following key concerns among its
enterprise customers' critical connectivity-related requirements for operating
within a cloud or virtualization environment:
oSecurity and/or protection of data and its associated transmission
oFlexibility (the ability to rapidly scale bandwidth, augment protocols,
oOn-demand (or just-in-time) deployment
oManaged platforms, service bundling and network convergence
oBespoke network and bandwidth services (i.e. dedicated networks, fully
bespoke design, build-and-operate models)
"Mindful of the potential performance impact both cloud- and
virtualization-based services could have on their operations, enterprise
companies are placing increased reliance on outsourced management of their
networks to carriers offering high levels of service availability and network
flexibility," said Mr. Bath.
To address these concerns, Digital Realty has launched an initiative to
provide enterprise customers with a long-term solution for connectivity in and
around London, and ultimately across Europe.
The first phase of the effort, completed in November 2012, focused on
providing a single network that interconnects Digital Realty's data centres in
the greater London area. The second phase focuses on establishing diverse,
high fibre connectivity for the same network between Digital Realty data
centres and key metro and access networks. The third phase focuses on
interconnecting the Company's data centres throughout Europe. The expected
completion date of the entire initiative is the first quarter of 2014.
"Three of our local data centres today are linked via a highly advanced
connectivity network," Mr. Bath said, citing facilities in Chessington,
Redhill and Woking. "The pan-European connection that we are striving for will
link our London-area sites to those in Dublin, Amsterdam, Paris and future
Digital Realty markets."
"With one of the largest global portfolios of network centric data centre
facilities, our unique operating platform and scale enable us to develop and
deploy industry-leading solutions such as this one to meet our customers'
ongoing requirements," added Michael F. Foust, CEO of Digital Realty. "The
completion of the first phase of this important initiative represents an
important milestone in our continued efforts to enhance our portfolio and
global data centre offering."
The white paper is available in the Thought Leadership section of the
Company's website, at www.digitalrealty.com.
About Digital Realty
Digital Realty Trust, Inc. focuses on delivering customer driven data center
solutions by providing secure, reliable and cost effective facilities that
meet each customer's unique data center needs. Digital Realty's customers
include domestic and international companies across multiple industry
verticals ranging from information technology and Internet enterprises, to
manufacturing and financial services. Digital Realty's 117 properties,
excluding three properties held as investments in unconsolidated joint
ventures, comprise approximately 21.9 million square feet as of February 15,
2013, including 2.4 million square feet of space held for development. Digital
Realty's portfolio is located in 32 markets throughout Europe, North America,
Asia and Australia. Additional information about Digital Realty is included in
the Company Overview, which is available on the Investors page of Digital
Realty's website at http://www.digitalrealty.com.
Safe Harbor Statement
This press release contains forward-looking statements which are based on
current expectations, forecasts and assumptions that involve risks and
uncertainties that could cause actual outcomes and results to differ
materially, including statements related to our initiative to expand
connectivity at Digital Realty's data centres in Europe and the timing to
complete such initiative, the increasing demand for cloud-based services, and
enterprise customers' increasing reliance on outsourced management of their
networks. These risks and uncertainties include, among others, the following:
the impact of the recent deterioration in global economic, credit and market
conditions, including the downgrade of the U.S. government's credit rating;
current local economic conditions in our geographic markets; decreases in
information technology spending, including as a result of economic slowdowns
or recession; adverse economic or real estate developments in our industry or
the industry sectors that we sell to (including risks relating to decreasing
real estate valuations and impairment charges); our dependence upon
significant tenants; bankruptcy or insolvency of a major tenant or a
significant number of smaller tenants; defaults on or non-renewal of leases by
tenants; our failure to obtain necessary debt and equity financing; increased
interest rates and operating costs; risks associated with using debt to fund
our business activities, including re-financing and interest rate risks, our
failure to repay debt when due, adverse changes in our credit ratings or our
breach of covenants or other terms contained in our loan facilities and
agreements; financial market fluctuations; changes in foreign currency
exchange rates; our inability to manage our growth effectively; difficulty
acquiring or operating properties in foreign jurisdictions; our failure to
successfully integrate and operate acquired or redeveloped properties or
businesses; the suitability of our properties and data centre infrastructure,
delays or disruptions in connectivity, failure of our physical infrastructure
or services or availability of power; risks related to joint venture
investments, including as a result of our lack of control of such investments;
delays or unexpected costs in development or redevelopment of properties;
decreased rental rates or increased vacancy rates; increased competition or
available supply of data centre space; our inability to successfully develop
and lease new properties and space held for redevelopment; difficulties in
identifying properties to acquire and completing acquisitions; our inability
to acquire off-market properties; our inability to comply with the rules and
regulations applicable to reporting companies; our failure to maintain our
status as a REIT; possible adverse changes to tax laws; restrictions on our
ability to engage in certain business activities; environmental uncertainties
and risks related to natural disasters; losses in excess of our insurance
coverage; changes in foreign laws and regulations, including those related to
taxation and real estate ownership and operation; and changes in local, state
and federal regulatory requirements, including changes in real estate and
zoning laws and increases in real property tax rates. For a further list and
description of such risks and uncertainties, see the reports and other filings
by the Company with the U.S. Securities and Exchange Commission, including the
Company's Annual Report on Form 10-K for the year ended December 31, 2012.
The Company disclaims any intention or obligation to update or revise any
forward-looking statements, whether as a result of new information, future
events or otherwise.
A. William Stein Pamela M.
Chief Financial Officer Vice President, Investor Relations and
Chief Investment Corporate Marketing
Digital Realty Trust, Digital Realty Trust, Inc.
+1 (415) +1 (415) 738-6500
SOURCE Digital Realty Trust, Inc.
Press spacebar to pause and continue. Press esc to stop.