Data center and colocation solutions provider CyrusOne is expanding its already massive national network of facilities with the purchase of 22 acres in Austin. The company will use the new space to increase its data center capacity in the MetCenter business park, which is already at 54,000 square feet.
The Austin expansion builds upon CyrusOne’s rapidly growing footprint, including 54 acres in San Antonio and Houston purchased last year as well as 24 acres in Dallas. The solution provider is broadening its reach in the hopes of enabling customers to expand their own footprints while facilitating growth and profitability.
CyrusOne’s facilities offer a 2N architecture for high power redundancy as well as a power-dense infrastructure in support of high levels of availability. The company launched the CyrusOne National IX data center platform last year, linking dozens of its facilities in major markets throughout the U.S. The platform is designed to help customers implement cost-effective data center solutions in multiple locations that meet with stringent legal and regulatory requirements like Sarbanes Oxley, HIPAA and PCI.
With the global market for data center colocation and managed hosting services expected to grow at a healthy 16.57 percent CAGR through 2016, CyrusOne’s expansion efforts should pay off nicely for the company. According to research from ReportsnReports, growth is being driven largely by customers’ needs to reduce their capital and operational expenditures. Along those lines, more and more companies are migrating to virtualized and cloud infrastructure to reduce the costs and complexity associated with purchasing, managing and maintaining their own equipment and software.
"CyrusOne currently has approximately 920,000 gross square feet of space in Texas with 560,000 square feet of data center capacity," said Gary Wojtaszek, president and CEO of CyrusOne. "We estimate that the property we now own in Dallas, Houston, San Antonio and Austin is capable of yielding an additional 2.5 million gross square feet and 1.6 million square feet of data center capacity, effectively tripling what we currently offer at our Texas facilities."
Wojtaszek added that the combined new acreage in Texas will enable construction of what the company believes will be the largest multi-facility interconnected data center platform in the U.S.
Edited by
Cassandra Tucker