How TierPoint Quietly Built a Data Center Empire in Secondary Markets
While the current cloud data center leasing frenzy involving the six publicly traded data center REITs in the biggest markets tends to command the headlines, it’s easy to lose sight of other major trends in the data center industry. One of them is the amount of activity in secondary data center markets.
Example of a company that’s been successful at taking advantage of that trend is St. Louis, Missouri-based TierPoint, a private equity-backed colocation, hybrid cloud, and managed services provider that has quickly become a force to be reckoned with in the data center industry. Over the last year or so, it has accelerated pace and scale of acquisitions, while also expanding through new construction and development. Most notably, it recently completed a 70,000-square foot facility on a 15-acre campus in Oklahoma City.
Strategy and Future Plans
Gartner recently recognized TierPoint in its June 2016 “Magic Quadrant for Disaster Recovery as a Service” report. As Shea Long, TierPoint’s senior VP of product, put it in an interview with Data Center Knowledge, the company sees DRaaS as one of the key “mousetraps” in its expansion strategy.
To read the full article and to see the highlights from Bill's conversation with TierPoint's Senior Vice President - Products, Shea Long, click here.