TORONTO, Aug. 25, 2020 /PRNewswire/ -- Digital Realty
(NYSE: DLR), a leading global provider of carrier- and
cloud-neutral data center, colocation and interconnection
solutions, announced today the expansion of its One Century Place
facility, a major regional connectivity hub in greater Toronto, bringing online additional colocation
capacity to meet the area's growing networking needs. As more
technology and data-centric businesses move or scale in the region,
facilities like One Century Place are key to providing customers
the flexibility and performance needed to realize their digital
ambitions.
The facility was previously home to the iconic Toronto Star
printing facility, and Digital Realty is expanding its Canadian
colocation capabilities as a powerful lever to help businesses
rearchitect towards a decentralized infrastructure to further scale
and spur new digital transformation initiatives. The new
capacity will help address the needs of today's enterprise
customers that require more distributed data hosting, connectivity
and exascale computing in a single campus, along with the
flexibility to easily scale capacity and network bandwidth
requirements.
"Toronto is a more critical
market than ever as businesses recognize the growing importance of
the region as one of the next major technology hubs in North America," said Digital Realty Chief
Executive Officer A. William
Stein. "Today's announcement marks a significant
milestone in the expansion of PlatformDIGITAL™ as we continue to
expand our colocation capabilities in strategic regions around the
world. We are enabling our customers to address the
challenges of data gravity by deploying their digital
infrastructure in close proximity to key cloud deployments,
providing the coverage, capacity and connectivity requirements to
support their current and future goals."
The expansion of One Century Place in Vaughn, also known as
TOR1, is expected to add 6,000 square feet and 1,500 kilowatts of
colocation capacity to a broad cross-section of customers across
industries. In addition to providing customers room to grow,
the facility also boasts key connections to key partners, networks
and service and cloud providers that form the connected communities
of digital transformation.
To support customers in TOR1, Digital Realty will leverage IBM's
next-generation Direct Link 2.0 capabilities, providing direct
access to the IBM Cloud in Toronto. Direct Link 2.0 enables
customers to spend less time designing and deploying network
architectures to accelerate the development of new solutions via
the hybrid cloud. This includes giving customers broader
access to IBM services, including blockchain, AI, data analytics
and quantum computing, which are becoming more essential to the new
future of work.
"Data rich technologies like AI and IoT are being deployed at a
rapid scale, requiring enterprises to locate their infrastructure
closer to highly-connected centers of data exchange.
Enterprises now need greater access to productized colocation
offerings at the heart of where digital business is happening.
We see significant growth potential in greater Toronto as digital business accelerates,"
added Mr. Stein.
Digital Realty completed the colocation expansion of TOR1 in
July 2020. Digital Realty
currently operates over 20 megawatts of capacity across two data
centers in the Toronto region,
with more than 60 megawatts planned at full build-out.
For more information, please visit
https://www.digitalrealty.com/data-centers/toronto
About Digital Realty
Digital Realty supports the data
center, colocation and interconnection strategies of customers
across the Americas, EMEA and APAC, ranging from cloud and
information technology services, communications and social
networking to financial services, manufacturing, energy, healthcare
and consumer products. To learn more about Digital Realty,
please visit digitalrealty.com or follow us on LinkedIn
and Twitter.
Media & Industry Analyst Relations
Marc Musgrove
Digital Realty
+1 (415) 508-2812
mmusgrove@digitalrealty.com
Investor Relations
John J.
Stewart
Digital Realty
+1 (415) 738-6500
InvestorRelations@digitalrealty.com
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
the expansion of our Toronto
facility, including the expected benefits, IBM's Direct Link 2.0,
and the expected growth of the Toronto technology market. For a 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. 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.
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SOURCE Digital Realty