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SANTA BARBARA, CA – A new LogicMonitor® survey of nearly 300 industry influencers predicts that enterprises will migrate the majority of their IT workloads from the data center to the cloud by 2020. Fueling this transition will be the 20.8 billion IoT devices Gartner predicts will come online, and the rapid maturation of AI and machine learning technologies. The Future of the Cloud Study also finds that while Amazon holds a dominant leadership position in the public cloud market, Microsoft and Google are closing that gap.

LogicMonitor, the leading SaaS-based performance monitoring platform for Enterprise IT, sponsored the survey, polling both AWS re:Invent attendees and industry analysts, media, consultants and vendor strategists to explore what the landscape for cloud services will look like in 2020. “Our customers continue to ask for guidance in planning their cloud migration strategies,” said Jeff Behl, Chief Product Officer for LogicMonitor. “We designed our survey to gather feedback from some key industry influencers to understand their predictions, and to provide our customers with insights and answers.”


Steady Migration to the Cloud

Survey results confirm that in the short term, 37 percent of all IT workloads will continue to run predominantly on-premises, and 31 percent will run in the public cloud. However, over the next two years, the percentage of premises-based workloads will drop to 27 percent and workloads running in the public cloud will grow to 41 percent with the balance running on private or hybrid clouds. When will 95 percent of all workloads run in the cloud? That’s 10-15 years out but acceleration could pull it in.

The survey asked respondents about the key drivers of this transition: 63 percent cited Digital Transformation followed closely by IT Agility (62 percent) and DevOps (58 percent). This changes dramatically by 2020 when AI and Machine Learning takes the lead followed by IoT.

The Competition Intensifies

Respondents also expect the market to grow increasingly competitive as Microsoft Azure and Google Cloud Platform gain ground on Amazon Web Services (AWS). Gartner’s research shows Amazon holds a 44 percent share of the overall cloud IaaS market, followed by Microsoft at 7 percent, Alibaba, 3 percent and Google trailing at 2 percent today.

Overcoming the Skills Shortage

The third largest public cloud challenge cited by respondents was that IT staff lacks cloud experience. More than a third also cited lack of visibility.

To get ahead of this, Enterprises should make it easy for IT professionals to gain complete situational awareness of all technologies in their IT stack by answering basic questions like:

  • Is the technology working?
  • Is performance meeting SLAs?
  • Is everything within capacity limits?

One way to quickly gain situational awareness is to consider a SaaS-based performance monitoring solution that monitors everything from the data center up to and including cloud services, such as the LogicMonitor platform. “Traditionally, organizations have used various monitoring tools to keep tabs on different parts of their technology,” said Steve Francis, Founder and Chief Evangelist, LogicMonitor. “Organizations really need an end-to-end monitoring solution that automatically monitors both on-premises and cloud-based infrastructure, services and apps to truly understand what’s going on so they can continue to be agile and proactive.”

To view the full report, “Future of the Cloud Study” please visit the LogicMonitor at https://www.logicmonitor.com/resource/the-future-of-the-cloud-a-cloud-influencers-survey.

About LogicMonitor
LogicMonitor® is the leading SaaS-based performance monitoring platform for Enterprise IT. With out-of-the-box coverage for thousands of technologies, LogicMonitor makes it easy to gain granular visibility into infrastructure and application performance. LogicMonitor’s automated device discovery, preconfigured alert thresholds, and rich, customizable dashboards, come together to give IT teams the speed, flexibility, and actionable insights required to succeed in today’s competitive markets.

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SAN FRANCISCO, CA – The Xen Project, a project hosted at The Linux Foundation, today announced Bitdefender, a leading global cybersecurity technology company protecting 500 million users worldwide, is a new Advisory Board member. The Xen Project Advisory Board consists of major cloud companies, virtualization providers, enterprises, and silicon vendors, among others, that advise and support the development of Xen Project software for cloud computing, embedded, IoT use-cases, automotive and security applications.

The Xen Project hypervisor is the number one choice for security-first environments due to its architecture, advanced security features, and extensive security disclosure process. Xen Project code provides the basis for security solutions from companies such as A1Logic, Bitdefender, Bromium, Dornerwork, Qubes OS, Star Lab, and Zentific. Its security process earned a Core Infrastructure Initiative Badge, and has been emulated by several open source projects, including OpenStack, OPNFV, and OpenDaylight.


With its Corporate HQ in Bucharest and Enterprise HQ in Santa Clara, Bitdefender protects half a billion users every day and works with large enterprises, SMEs, government organizations, and private individuals across more than 150 countries. It provides solutions for each customer’s specific security needs, and uses open source technology to address the new security needs of today.

Bitdefender and Citrix created the first commercial application of the Xen Project hypervisor’s Virtual Machine Introspection (VMI) infrastructure. VMI is an ideal API for developers building and monitoring security applications. The hardware-assisted VMI protects against intrusion and malware attacks adding an extra layer of security. It has been used to spot some of the newer military-grade cyber weapons, like EternalBlue.

According to Shaun Donaldson, Director of Strategic Alliances at Bitdefender, “Security insights gained from the Xen Project hypervisor VMI capabilities has revolutionized security. Instead of being reactive to what is occurring, security can be a proactive effort by using the architecture of virtualization to bridge the context gap.”

Donaldson went on to say, “We enjoyed working with the Xen Project as a contributor, and are pleased to now be an Advisory Board member. We look forward to contributing to the creation and extension of security capabilities, building on examples like VMI, within the Xen Project framework.”

“Security companies look to use the Xen Project hypervisor as its architecture can help mitigate security risks through use of sandboxing techniques, security features like VMI, KCONFIG and Live Patching, and extensive security process,” said Lars Kurth, advisory chairperson for the Xen Project. “Bitdefender is the first security company to join the Xen Project board, and we are excited to increase our expertise and practice in the security space to continue our momentum here and expand to other security-first companies.”

Bitdefender joins 10 advisory board members who are committed to the market and technical success of the Xen Project hypervisor. Member involvement includes financial support, technical contributions, and high-level policy guidance.

About Xen Project
Xen Project software is an open source virtualization platform licensed under the GPLv2 with a similar governance structure to the Linux kernel. Designed from the start for cloud computing, the Project has more than a decade of development and is being used by more than 10 million users. A project at The Linux Foundation, the Xen Project community is focused on advancing virtualization in a number of different commercial and open source applications including server virtualization, Infrastructure as a Services (IaaS), desktop virtualization, security applications, embedded and hardware appliances. It counts many industry and open source community leaders among its members including: Alibaba, Amazon Web Services, AMD, Arm, Bitdefender, Cavium, Citrix, Huawei, Intel, Oracle, and Qualcomm. For more information about the Xen Project software and to participate, please visit XenProject.org.

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HARRISBURG, PA – TE Connectivity (TE), a world leader in connectivity and sensors, today announced that it will showcase a range of industry-leading data communications connectivity solutions in booth 817 at the DesignCon 2018 expo on January 31-February 1 in Santa Clara, California. In addition, TE’s Nathan Tracy will speak on a panel of experts discussing the topic, “Examining System Challenges When Implementing Next Generation Data Center Input/Output (I/O) Connectivity.”

Sneak peak of TE’s featured live demos in their booth:

  • Sliver 2.0, an extension of the Sliver interconnect family, which has been identified as the standard and required product by several industry consortias like COBO, Gen-Z, EDSFF and Open Compute Project (OCP) for today’s and next-generation server and storage designs.
  • QSFP-DD, OSFP, copper cables and microQSFP high-speed I/O solutions showcasing thermal performance, RU faceplate density and data throughput capabilities.
  • Industry-leading STRADA Whisper high speed backplane connectors, featuring a continuously expanding range of configurations including direct plug orthogonal, mezzanine, and cables all delivering at 56 Gbps, 112 Gbps and beyond.


“Signal integrity, packaging density, power delivery, and thermal management are all key challenges as equipment designers roll out new networking systems for 400-Gigabit Ethernet and beyond,” said Nathan Tracy, standards manager, TE Connectivity. “TE is demonstrating robust solutions that meet these challenges.”

“We are proud to be at DesignCon showcasing our cutting-edge innovations like Sliver interconnects and scalable STRADA Whisper solutions, which revolutionized the way we design products for speed and performance. We look forward to working with our customers and leading entrepreneurs on co-creating the next leading integrated solutions for the data communications market,” Phil Gilchrist, vice president and CTO, TE Connectivity.

Learn more on our DesignCon 2018 events page at: http://www.te.com/usa-en/about-te/events/designcon-2018.html?tab=event

About TE Connectivity
TE Connectivity Ltd. (NYSE: TEL) is a $13 billion global technology and manufacturing leader creating a safer, sustainable, productive, and connected future. For more than 75 years, our connectivity and sensor solutions, proven in the harshest environments, have enabled advancements in transportation, industrial applications, medical technology, energy, data communications, and the home. With 78,000 employees, including more than 7,000 engineers, working alongside customers in nearly 150 countries, TE ensures that EVERY CONNECTION COUNTS. Learn more at www.te.com and on LinkedIn, Facebook, WeChat and Twitter.

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ST. LOUIS, MO – TierPoint, a leading national provider of hybrid IT solutions, announced today that it has achieved the Microsoft Gold Cloud Platform competency designation.

“We are part of a very select group in the Microsoft partner ecosystem that has achieved Gold status,” said Dave McKenney, Director of Product Management for TierPoint. “The designation confirms our capability and commitment to meeting the evolving technology needs of our customers.”

To earn Microsoft Gold competency, partners must successfully complete relevant professional certification exams, demonstrating their level of technology expertise as Microsoft Certified Professionals. They also must submit customer references verifying successful cloud projects, meet a revenue performance commitment for Microsoft solutions, and pass technology and/or sales assessments.


“By achieving a gold competency, TierPoint has proven their commitment and expertise in specific technology areas, which places them among a small percentage of Microsoft partners worldwide,” said Gavriella Schuster, corporate vice president, Worldwide Partner Group at Microsoft Corp. “For customers looking for a partner to help meet their unique business needs, choosing a company that has attained Microsoft competencies is a smart move. TierPoint has highly qualified experts with access to Microsoft technical support and product teams.”

About TierPoint
With an unmatched combination of clients, facilities, solutions and service, TierPoint is a leading national provider of hybrid IT, helping organizations drive performance and manage risk. The company has one of the largest customer bases in the industry, with over 5,000 clients ranging from the public to private sectors, from small businesses to Fortune 500 enterprises. TierPoint also has one of the largest and most geographically diversified footprints in the nation, with 40 world-class data centers in 20 markets and 8 multi-tenant cloud pods, connected by a coast-to-coast network. The company offers a comprehensive solution portfolio of private, multitenant, hyperscale, and hybrid cloud, plus colocation, disaster recovery, security and other managed IT services. Led by a proven management team, TierPoint’s network of hundreds of highly experienced IT professionals offer local, white-glove customer service, seamlessly managing and customizing agile solutions that address each client’s unique needs.

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OVERLAND PARK, KS – QTS Realty Trust (NYSE: QTS), an international provider of data center and hybrid IT solutions, announced today the completion of its annual American Institute of Certified Public Accountants (AICPA) Service Organization Control 1 Type II (SOC 1® Type II) and Service Organization Control 2 Type II (SOC 2® Type II) audit reports. The 2017 reports were issued by a Big Four public accounting and auditing firm based on an examination of QTS’ internal controls and procedures. In addition, QTS also attained ISO 27001:2013 certification for thirteen of its data centers.

ISO 27001 is an internationally recognized certification for information security management systems (ISMS) that demonstrates QTS’ strong security controls and meets the needs of large, multinational data center customers. By adding another certification, QTS now has one of the most comprehensive frameworks in the industry and it further enhances the company’s ability to assist customers in meeting their own compliance requirements.


QTS is committed to exceeding critical compliance standards for its customers. QTS’ SOC 1 Type II and SOC 2 Type II reports assure its clients that the company meets the suitability of design and operating effectiveness of applicable controls. Achieving compliance with other critical compliance standards such as FedRAMP, FISMA and PCI, demonstrates QTS’ ability to deliver secure, available and confidential services. The QTS Compliance team oversees more than 400 controls across several compliance standards to ensure the company is providing the highest level of compliance to its customers.

“By working with the best auditing firms in the country, we ensure that we are not just meeting the compliance requirements, but surpassing them,” said Oliver Schmidt who leads QTS’ dedicated in-house compliance team as Chief Audit Executive. “Meeting the highest standards for security, availability and confidentiality are all vital to the solutions we provide to our customers and our strategic growth.”

The QTS SOC 1 Type II and SOC 2 Type II audit reports are prepared in accordance with the AICPA’s Statement on Standards for Attestation Engagements (SSAE) No.18 Reporting on Controls at a Service Organization. The reports cover the period from October 1, 2016 to September 30, 2017 for QTS systems and controls and provides users with operational assurance across QTS’ software-defined data center platform.

About QTS
QTS Realty Trust, Inc. (NYSE: QTS) is a leading data center and managed cloud provider, offering a comprehensive portfolio of IT solutions built on the industry’s first Software-Defined Data Center Platform. QTS is a trusted partner to more than 1,100 customers throughout North America, Europe and Asia Pacific. QTS owns, operates or manages more than six million square feet of data center space. QTS provides cutting-edge technology; flexible, scalable infrastructure; and an industry-leading customer experience. Visit QTS at www.qtsdatacenters.com.

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BOSTON – Iron Mountain Incorporated (NYSE: IRM), the global leader in storage and information management services, today announced it has entered into a definitive agreement to acquire the U.S. operations of IO Data Centers LLC, a leading colocation data center services provider based in Phoenix, Arizona, for $1.315 billion plus up to $60 million based on future performance and subject to customary adjustments. With the transaction, Iron Mountain will acquire the land and buildings associated with four state-of-the-art data centers in Phoenix and Scottsdale, Arizona; Edison, New Jersey; and Columbus, Ohio. The existing data center space in the four owned facilities totals 728,000 square feet, providing 62 megawatts (MW) of capacity with expansion potential of an additional 77 MW in Arizona and New Jersey.

This agreement follows the acquisition of FORTRUST data center on September 1, 2017 and the announcement of Iron Mountain’s international data center expansion through the planned acquisition of two Credit Suisse data centers in the London and Singapore markets. Upon closing of the Credit Suisse and IO transactions in early 2018, Iron Mountain’s data center portfolio will total more than 90 MW of existing capacity, with an additional 26 MW of capacity currently under construction and planned and future expansion potential of another 135 MW.


“We continue to experience strong demand and growth in our data center business, with a focus on establishing a presence in the largest global markets for colocation and enterprise customers. Our strategy includes organic expansion within our existing footprint, greenfield development in the largest U.S. markets such as our newly opened campus in Northern Virginia, and targeted acquisitions of properties with customer profiles that closely mirror our own,” said Iron Mountain President and CEO William L. Meaney.

“This transformative transaction is closely aligned with our strategy and we expect it to accelerate our growth profile by bringing our data center business to approximately 7% of total revenue and approximately 10% of Adjusted EBITDA by 2020 – significantly exceeding our initial goal – while enhancing business diversity and the margin profile of the company,” Meaney added. “We believe we can add significant value to IO’s U.S. operations by leveraging our strong brand that is synonymous with security and trust, and our relationships with more than 30,000 North American data management customers.

“The addition of IO’s data centers enhances our geographic diversification and provides market-leading exposure to Phoenix, the fourth fastest market for absorption in the U.S. in 2017, and the 12th largest data center market globally. Colocation and cloud providers have made significant investments in Phoenix in the past few years, as it boasts diverse energy sources and relatively inexpensive green power, as well as an attractive business environment,” said Mark Kidd, Senior Vice President and General Manager, Iron Mountain Data Centers. “Importantly, this transaction also enhances our ability to support the needs of the largest cloud providers through new development with expansion capacity in Phoenix as well as New Jersey, another attractive market due to its proximity to the New York metro area.”

“Additionally, IO brings a diversified roster of more than 550 customers that includes blue chip financial services, aerospace, federal government and technology companies among its Top 10, with no single customer representing more than 10% of total revenue. Its strong enterprise and cloud customer base is complementary to that of our existing data center business, and more than 40% of IO’s customers are also customers in our core records and data management businesses,” Kidd said.

“I am incredibly proud of the team at IO and the extraordinary company they have built since our founding in 2007,” said George D. Slessman, founder and CEO of IO. “We are pleased to enter into an agreement with Iron Mountain and excited by the potential this transaction represents. Iron Mountain’s deep customer relationships, global scale and excellent access to capital markets, combined with IO’s strong presence in the high-growth data center industry will provide attractive opportunities for our employees and a broader, more geographically diverse platform of facilities and services for our customers. We know Iron Mountain shares our commitment to the highest levels of customer service, security and operational quality, and we are confident our customers will be in good hands.”

The transaction is anticipated to close in January 2018, subject to satisfaction of customary closing conditions. The total consideration of $1.315 billion, which does not include up to $60 million of potential additional payments, represents a multiple of 15x synergized 2018 EBITDA, post integration. While data center acquisitions of this magnitude were not part of the company’s previously disclosed 2020 plan, the company expects the transaction to accelerate its revenue and Adjusted EBITDA growth. Following this transaction and anticipated financing, the company remains on track to reduce its lease adjusted leverage ratio to approximately 5x, and lower its dividend payout as a percentage of Adjusted Funds From Operations to 70-75%, assuming annual dividend per share growth of approximately 4%, all of which are consistent with its 2020 plan.

The acquisition is expected to be modestly accretive to AFFO in 2019. The company will provide specifics of the impact of the transaction on 2018 full-year expectations when it provides guidance for next year on its fourth quarter/year-end reporting conference call in February 2018.

About Iron Mountain
Iron Mountain Incorporated (NYSE: IRM) is the global leader for storage and information management services. Trusted by more than 230,000 organizations around the world, Iron Mountain boasts a real estate network of more than 85 million square feet across more than 1,400 facilities in 53 countries dedicated to protecting and preserving what matters most for its customers. Iron Mountain’s solutions portfolio includes records management, data management, cloud services, document management, data centers, art storage and logistics, and secure shredding to help organizations to lower storage costs, comply with regulations, recover from disaster, and better use their information. Founded in 1951, Iron Mountain stores and protects billions of information assets, including critical business documents, electronic information, medical data and cultural and historical artifacts. Visit www.ironmountain.com for more information.

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