SAN FRANCISCO, Feb. 28, 2019 /PRNewswire/ -- Digital
Realty (NYSE: DLR), a leading global provider of data center,
colocation, and interconnection solutions announced today it has
achieved "five nines" of uptime for the 12th consecutive
year, exceeding 99.999 percent availability throughout 2018.
"Delivering 'five nines' of uptime for the 12th
straight year demonstrates our commitment to resiliency and to
serving as a true business partner to all our customers, from
enterprises to telecommunications customers to leading cloud
service providers," said Digital Realty Chief Executive Officer
A. William Stein. "We are
especially proud of this milestone given our rapid growth, and we
remain focused on ensuring that all of our facilities around the
world meet the same rigorous standards for design, construction and
operations."
Digital Realty recently surpassed 2.1 billion operating minutes
across its 214 data centers, encompassing approximately 30 million
square feet across 35 metropolitan areas globally. Over the
past 12 years, the number of data center suites operated by Digital
Realty has grown from 74 suites at the start of 2007 to more than
800 by the end of 2018.
"I am proud of our industry record on resiliency, which serves
as the bedrock for all of our offerings, from interconnected scale,
with options ranging from a single rack up to multiple megawatts,
to the ability to connect directly, privately and securely to any
combination of public, private and hybrid cloud offerings," said
Digital Realty Executive Vice President, Operations, Erich Sanchack.
Uptime metrics are based on a comprehensive evaluation of data
center suites owned and operated by Digital Realty worldwide, using
standard industry methodology. Total operational minutes were
prorated per year for each data center suite, beginning on the
commissioning date, from the start of 2007 through 2018.
About Digital Realty
Digital Realty supports the data
center, colocation and interconnection strategies of more than
2,300 firms across its secure, network-rich portfolio of data
centers located throughout North
America, Europe,
Latin America, Asia and Australia. Digital Realty's
clients include domestic and international companies of all sizes,
ranging from cloud and information technology services,
communications and social networking to financial services,
manufacturing, energy, healthcare and consumer products.
www.digitalrealty.com
For Additional Information
Andrew P. Power
Chief Financial Officer
Digital Realty
(415) 738-6500
Media Inquiries
John
Christiansen / Scott
Lindlaw
Sard Verbinnen & Co.
(415) 618-8750
Investor Relations
John J.
Stewart / Maria S. Lukens
Digital Realty
(415) 738-6500
investorrelations@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 uptime statistics and product
offerings. These risks and uncertainties include, among
others, the following: reduced demand for data centers or
decreases in information technology spending; decreased rental
rates, increased operating costs or increased vacancy rates;
increased competition or available supply of data center space; the
suitability of our data centers and data center infrastructure,
delays or disruptions in connectivity or availability of power, or
failures or breaches of our physical and information security
infrastructure or services; our dependence upon significant
customers, bankruptcy or insolvency of a major customer or a
significant number of smaller customers, or defaults on or
non-renewal of leases by customers; breaches of our obligations or
restrictions under our contracts with our customers; our inability
to successfully develop and lease new properties and development
space, and delays or unexpected costs in development of properties;
the impact of current global and local economic, credit and market
conditions; our inability to retain data center space that we lease
or sublease from third parties; difficulties managing an
international business and acquiring or operating properties in
foreign jurisdictions and unfamiliar metropolitan areas; our
failure to realize the intended benefits from, or disruptions to
our plans and operations or unknown or contingent liabilities
related to, our recent acquisitions; our failure to successfully
integrate and operate acquired or developed properties or
businesses; difficulties in identifying properties to acquire and
completing acquisitions; risks related to joint venture
investments, including as a result of our lack of control of such
investments; 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; our failure to obtain necessary
debt and equity financing, and our dependence on external sources
of capital; financial market fluctuations and changes in foreign
currency exchange rates; 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 and goodwill and other intangible asset
impairment charges; our inability to manage our growth effectively;
losses in excess of our insurance coverage; environmental
liabilities and risks related to natural disasters; our inability
to comply with rules and regulations applicable to our Company; our
failure to maintain our status as a REIT for federal income tax
purposes; our operating partnership's failure to qualify as a
partnership for federal income tax purposes; restrictions on our
ability to engage in certain business activities; and changes in
local, state, federal and international laws and regulations,
including related to taxation, 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,
2018. 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