Flexential Announces Massive Data Center Expansion in Atlanta
CHARLOTTE, NC – Flexential has announced they will provide additional speed, security and services for the fast-growing financial technology (FinTech) industry with the completion of a 70,000-square-foot expansion to the company’s Atlanta colocation facility. The expansion is the Atlanta region’s largest this year, bringing Flexential’s national data center footprint to 3.1 million square feet, and representing its continued commitment to providing secure, high-density power, and cost-effective data center solutions to customers in financial services, technology and data intensive industries.
Atlanta and the surrounding Transaction Alley are the third-largest FinTech hub in the U.S. with more than 70 percent of all credit card transactions now processed through the Atlanta metropolitan area, according to the Atlanta Small Business Network. These data-intensive companies need secure, reliable, and scalable means to gain access and transport the data without loss of connectivity. Recognizing the demand for data management and IT strategy solutions this market creates, the new Flexential expansion increases the company’s capacity in Georgia to more than eight megawatts of power and a total of 175,000 square feet.
One of Flexential’s longest standing financial services customers, Delta Community Credit Union, depends on the Alpharetta location to quickly and securely serve its nearly 400,000 members. More than 120 FinTech firms are headquartered or have a significant presence in Georgia with the top ten generating an annual revenue of $72 billion. The industry is a significant driver of economic growth both locally and globally, employing 37,000 people within the state and 130,000 throughout the U.S.
“Companies are experiencing a data tsunami, with an increased need to store, process and access data securely, efficiently and strategically,” said Mike Fuhrman, Chief Product Officer, Flexential. “Atlanta is a perfect example of a market with exponentially growing demand for secure, enterprise-grade, cost-effective, and resilient data management solutions. Expanding our facilities footprint and interconnectivity in vital metropolitan areas is a key component of our growth strategy. We’re proud to offer our customers increased flexible and essential access to capacity in the Southeast with the confidence of security and availability.”
About Flexential: Flexential offers flexible and essential services that help organizations optimize their journey of IT transformation while simultaneously balancing cost, scalability, compliance and security. The company is committed to building trusted relationships and delivering tailored solutions that suit the individual needs of its customers. Utilizing its people, values and reliable performance, Flexential is deeply invested in the success of its customers, who trust it to deliver core data center solutions of colocation and connectivity, as well as cloud, managed solutions and professional services. Flexential’s robust suite of assets spans 21 markets and comprises 40 highly redundant and connectivity-rich data centers