Boston, MA 05/15/2014 (wallstreetpr) – Technology-related real estate provider Digital Realty Trust, Inc. (NYSE:DLR) will not change its course in data center investment. A survey report released this week just confirmed that the company is on the right track with its ongoing approach in data facility investment.
The company recently said it was no longer just considering provision of space, power, cooling and connectivity, but also the access to network services, cloud services and managed service providers.
Therefore, the company recently announced alliances with Level 3 Communications, Inc. (NYSE:LVLT) and TW Telecom Inc (NASDAQ:TWTC) to support the connectivity of its data facilities to Microsoft Corporation (NASDAQ:MSFT)’s Azure and Amazon.com Inc (NASDAQ:AMZN)’s Web Services.
Digital Realty Trust, Inc. (NYSE:DLR) expects easy access to cloud services to give its facilities an edge on the market.
The survey
Digital Realty, through Forrester Consulting, surveyed midmarket firms about things that inform their decisions about acquisition of new data facilities. The company learnt that IT leaders at midmarket firms prefer single source facilities with good network connectivity, high level of data center facility control and good facility resilience levels. The findings were in-line with what the company already believed in, and it can only put more effort in what it has already started about improving its data center facilities.
Strong demand for data facilities
Digital Realty Trust, Inc. (NYSE:DLR) expects the demand for data center facilities to remain high over the next few years. However, benefits will be to companies that can provide solutions beyond the traditional data center facilities. According to CEO Bill Stein, Digital Realty is already spot-on in providing single source data facilities and that should support growth in the company.
Shifting gears in data center building
Although Digital Realty Trust, Inc. (NYSE:DLR) expects to realize big growth owing to its rich data center portfolio, the company recently announced that it will no longer build data facilities in advance to avoid financial lockup in vacant data centers. The company will instead build data facilities once it has secured tenants. It said the project of building a data center will last between 12 and 16 weeks.
