Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

Digital Realty Announces Its New Global Cloud Marketplace

DLR

Partnership with ComputeNext will facilitate faster, more flexible access to cloud services for businesses worldwide

SAN FRANCISCO, June 3, 2014 /PRNewswire/ -- Digital Realty Trust, Inc. (NYSE: DLR), a leading global provider of data center and colocation solutions, today announced it has partnered with ComputeNext, a leader in cloud service marketplace technology, to create the Digital Realty Global Cloud Marketplace (GCM). This cloud marketplace will offer Digital Realty clients of all sizes easy access from Digital Realty's global portfolio of networked data centers to a cloud brokerage, enabling instant provisioning of on-demand, burstable cloud services from cloud service providers, such as cloud servers, cloud storage, and cloud software. The initial slate of cloud service providers participating in the GCM includes IBM SoftLayer, Internap, Interoute, GoGrid, and SingleHop. Additional providers will be added in the coming months.

"Businesses are seeking a more flexible data center environment, with easier access to a hybrid solution of private, semi-private, and public cloud. By partnering with ComputeNext, we now offer access to a one-stop shop for cloud infrastructure services from trusted providers within the Digital Realty Global Cloud Marketplace," said A. William Stein, interim chief executive officer and chief financial officer of Digital Realty. "This partnership, in combination with other strategic alliances we are forging – such as those previously announced with tw telecom and Level 3 Communications to enable direct and secure connectivity to Amazon Web Services and Microsoft Azure – are important initiatives in our ongoing efforts to provide businesses with flexible data center solutions that fit their IT and business strategies."

Digital Realty selected the ComputeNext platform based on its rapid infrastructure deployment and provisioning, and access to a multitude of cloud platforms, products, and services from a single sign-on portal with one support contact and a single point of billing. The GCM will offer Digital Realty clients worldwide choice and flexibility when using cloud services.

"Data center and colocation providers are the backbone of the cloud economy, and we're tremendously excited to be working with innovators like Digital Realty to power their new global cloud marketplace. We look forward to enabling their clients to do business with one another more easily, with a more flexible and more complete range of cloud services. At ComputeNext, we strive to bring cloud end users the most efficient form of cloud discovery and procurement. Our platform allows clients to quickly search and provision cloud resources, with a unified API to search, catalog and manage workload lifecycles, without tying clients to a specific cloud platform or geography. This aligns perfectly with Digital Realty's global reach and expanding client base," stated Sundar Kannan, chief executive officer of ComputeNext.

Link: Watch a video demo of the Global Cloud Marketplace (GCM) on YouTube

About Digital Realty
Digital Realty Trust, Inc. supports the data center and colocation strategies of more than 600 firms across its secure, network-rich portfolio of data centers located throughout North America, Europe, Asia and Australia. Digital Realty's clients include domestic and international companies of all sizes, ranging from financial services, cloud and information technology services, to manufacturing, energy, gaming, life sciences, and consumer products. www.digitalrealty.com

About ComputeNext
ComputeNext - named a Gartner Cool Vendor (2013) in Cloud Service Brokerage and an UPSTART Cloud Awards winner for Best Cloud Broker Solution (2013) - is a Bellevue, Wash.-based cloud technology company that builds, designs, and operates cloud service marketplaces. The ComputeNext Global Cloud Marketplace simplifies the way organizations search, discover, procure and provision cloud services, by reselling services from its partners, including IBM SoftLayer, HP Cloud, and Joyent. http://www.computenext.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 Global Cloud Marketplace, partnership with ComputeNext, initiatives and strategic alliances and benefits to our clients. These risks and uncertainties include, among others, the following: the impact of current global economic, credit and market conditions; current local economic conditions in our geographic markets; decreases in information technology spending, including as a result of economic slowdowns or recession; 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); our dependence upon significant tenants; bankruptcy or insolvency of a major tenant or a significant number of smaller tenants; defaults on or non-renewal of leases by tenants; our failure to obtain necessary debt and equity financing; 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; financial market fluctuations; changes in foreign currency exchange rates; our inability to manage our growth effectively; difficulty acquiring or operating properties in foreign jurisdictions; our failure to successfully integrate and operate acquired or developed properties or businesses; the suitability of our properties and data center infrastructure, delays or disruptions in connectivity, failure of our physical infrastructure or services or availability of power; risks related to joint venture investments, including as a result of our lack of control of such investments; delays or unexpected costs in development of properties; decreased rental rates, increased operating costs or increased vacancy rates; increased competition or available supply of data center space; our inability to successfully develop and lease new properties and development space; difficulties in identifying properties to acquire and completing acquisitions; our inability to acquire off-market properties; our inability to comply with the rules and regulations applicable to reporting companies; our failure to maintain our status as a REIT; possible adverse changes to tax laws; restrictions on our ability to engage in certain business activities; environmental uncertainties and risks related to natural disasters; losses in excess of our insurance coverage; changes in foreign laws and regulations, including those related to taxation and real estate ownership and operation; and changes in local, state and federal regulatory requirements, including changes in 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, as amended, for the year ended December 31, 2013 and Quarterly Report on Form 10-Q for the quarter ended March 31, 2014.  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.  

Investor Contact:
John J. Stewart
Senior Vice President, Investor Relations
Digital Realty Trust, Inc.
+1 (415) 738-6500

Media Contact – North America
Rebecca Bergman
Sr. Manager, Analyst & Public Relations
Digital Realty Trust, Inc.
(415) 848-9395
pr@digitalrealty.com

Media Contact – EMEA
Omer Wilson
Marketing Director
Digital Realty Trust, Inc.
+44 (0) 2079 541986

Media Contact – APAC
Jihann Pedersen
Marketing Director
Digital Realty Trust, Inc.
+65 (6505) 3951

SOURCE Digital Realty Trust, Inc.



Get the latest news and updates from Stockhouse on social media

Follow STOCKHOUSE Today