SAN FRANCISCO, Dec. 6, 2017 /PRNewswire/ -- Digital Realty (NYSE: DLR), a leading global provider of data center, colocation and interconnection solutions, announced today that Hostway, a leading managed cloud hosting provider and specialist in compliant hybrid cloud hosting solutions, has selected Digital Realty as the foundation for its ongoing global expansion. Hostway is also joining the Digital Realty Service Exchange to provide its own clients with secure, direct access to multiple public cloud providers, including Amazon Web Services (AWS), Microsoft Azure and Google Cloud Platform.
Hostway has nine locations globally, the newest of which is located in Digital Realty's Austin facility. Hostway serves SaaS, healthcare, financial services, e-commerce, and Internet of Things (IOT) customers, most of whom are executing hybrid IT strategies that balance on-premise infrastructure, colocation and public cloud environments.
Hostway's offerings are highly differentiated, focusing on compliance and security with specialization in HIPPA, PCI and ISO. Hostway takes pride in its ability to manage large, multi-faceted cloud migrations with zero downtime, conducting successful migration every month involving large, complex applications.
"After a wide review of all options and comparison of several data center providers, we selected Digital Realty due to its superior reliability and low latency connectivity along with great customer service," said Emil Sayegh, CEO and President of Hostway. "We view Digital Realty as a global platform with locations all around the world that we can leverage in our growth. Our clients have very specific requirements to comply with various regulations and we can always depend on Digital Realty to help us meet and exceed those. Additionally, the Digital Realty Service Exchange offers an unparalleled, extensive list of public cloud providers that is unmatched elsewhere in the market."
Building on its longstanding Microsoft Azure offerings and recent introduction of AWS, Hostway continues to expand its cloud portfolio in terms of both service breadth and global distribution. Digital Realty's Service Exchange is an ideal solution because it provides instant access to the hundreds of enterprise customers within the Digital Realty ecosystem, as well as extended connectivity to regional cloud epicenters around the globe. Automated network provisioning reduces manual efforts and accelerates speed to market, enabling enterprises to quickly begin adopting and consuming cloud services. Aggregating traffic from multiple customers over a single connection allows them to scale more efficiently.
"Hostway has truly distinguished itself through its focus on compliance and security, supported by its strong track recor of resiliency and customer service," said Sherri Liebo, SVP Marketing at Digital Realty. "Its experience in conducting cloud migrations with zero downtime for such a wide range of customers and applications is impressive. We are delighted that Hostway has selected Digital Realty for its ongoing expansion and look forward to working closely with Hostway and its customers to ensure their business needs are met."
About Digital RealtyDigital Realty supports the data center, colocation and interconnection strategies of more than 2,300 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.
For Additional InformationAndrew P. PowerChief Financial OfficerDigital Realty(415) 738-6500
Media InquiriesClive OverDirector, Public RelationsDigital Realty(415) email@example.com
Wilson CraigSVP / GMMindshare PR(408) firstname.lastname@example.org
Safe Harbor StatementThis 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 Hostway, its offerings and the expected benefits of its joining Service Exchange. These risks and uncertainties include, among others, the following: the impact of current global economic, credit and market conditions; current local economic conditions in the metropolitan areas in which we operate; 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 and information security 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; the impact of the United Kingdom's referendum on withdrawal from the European Union on global financial markets and our business; our inability to comply with the rules and regulations applicable to reporting companies; 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 for the year ended December 31, 2016 and Quarterly Reports on Form 10-Q for the quarters ended March 31, 2017, June 30, 2017 and September 30, 2017. 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.
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SOURCE Digital Realty
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