South Florida Tech HubSouth Florida Tech Hub
22
Aug, 2022

By Riley Kaminer

Member Spotlight | 365 Data Centers

Read Time 3 Minutes

Business: Providing colocation, cloud, and network connectivity services to leading businesses in South Florida and beyond

Founded: 2017

HQ: Norwalk, CT

Employees: 140

Website: 365DataCenters.com

The global data center colocation market size reached $46 billion in 2020, and is expected to grow to over $200 billion by 2030. Demand for cloud services is even greater: $300 billion in 2021 – ballooning to $1.6 trillion by 2030.

For more than a decade, 365 Data Centers has been arming businesses with the colocation, cloud, and network services that they need to keep their IT house in order. The company operates 12 colocation facilities in the U.S., with downtown locations that offer connectivity to major fiber routes. 365 has clients from a diverse range of industries including professional services, insurance, and medical.

In 2017, 365 Data Centers acquired Host.net, which gave the Connecticut-based company firm footing in the South Florida market. This acquisition landed the company two data centers in our region: one in Boca Raton and another in Fort Lauderdale. A significant portion of 365’s nationwide fiber network, including 350 fiber miles that connect the regional data centers to the NAP of the Americas in Miami, is also located in Southeast Florida – and has been substantially upgraded since 365 entered the market.

Ray Allieri is the Regional Vice President of 365 Data Centers, overseeing all operations in Southeast Florida, which is now one of the company’s largest markets. The New England native has been with 365 Data Centers since January. He told South Florida Tech Hub that 365 Data Centers’ focus on customer service makes the company stand apart from its competitors.

“We’re a single source for integrated network, colocation, and cloud service – one team, one contract,” said Allieri. “That is important for small customers and large customers, because it gives them one source to go to for everything that they need.”

Another unique aspect of 365 Data Centers is that it can serve very small customers, including those only needing as little as a quarter cabinet of space. “Many competitors will not look at anything less than a half a cabinet or even a full cabinet,” said Allieri. “Then we combine that with network capability that allows the customers to connect to their equipment here in our data center.”

365 Data Centers has close relationships with major cloud providers – some of whom even have their equipment in 365’s colocation facilities. “Data centers are the backbone of the cloud,” said Allieri. “Whether it’s your data center or somebody else’s, connecting everybody and being able to get to your customers quickly is very important.”

The advantage to using 365 Data Centers’ private cloud over public cloud alternatives is that customers can know exactly where their virtual machine is located. Allieri also noted that the cost structure of public cloud services can be opaque; whereas with 365’s solution, it’s clear from the get-go and often more cost effective.

Allieri is not new to South Florida – he was here previously for four years, but left in 2020. Comparing 2022 to 2020, he said that “the market has expanded dramatically.” 

“That’s exciting for us because we’ve increased investment into our facilities,” Allieri continued. “And we have lots of room to be able to grow and support the market as it grows around us.” 

He also underscored the growth of managed service providers – third-party companies that maintain IT infrastructure – as an exciting opportunity for 365. “I think we can be a very good partner to them as well.”

Learn more about simplifying your company’s IT infrastructure by contacting 365 Data Centers.

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07
Aug, 2022

By Nikki Cabus

Boca Raton-based 365 Data Centers to acquire U.S. Colocation and Network Business

Read Time 3 Minutes

365 Data Centers, a leading provider of network-centric colocation and other Infrastructure-as-a-Service (IaaS) solutions, has entered into an Asset Purchase Agreement to acquire Sungard’s U.S. colocation and network business.

365 is acquiring the international colocation brand’s data center facilities and customers in 8 strategic edge markets along with its U.S. network infrastructure, routes, and customers.

The transaction will complement 365’s existing data center presence in Boca Raton (FL), Bridgewater (NJ), Buffalo, Chicago, Commack (NY), Detroit, Fort Lauderdale, Herndon (VA), Nashville, Philadelphia, New York City, and Tampa, and its interconnected, resilient, low latency, nationwide fiber network.

365’s robust, carrier-neutral ecosystem and secure, reliable edge colocation, network, IP, DRaaS, BaaS, cloud compute and storage, and business continuity services help organizations reduce costs, drive innovation, and improve their customer experience. 365 Data Centers supports mission-critical application infrastructure by providing industry leading Service Level Agreement protections and adhering to industry standards such as HIPAA, PCI DSS, SOC 1 Type 2, SOC 2 Type 2, SSAE 18, and ISAE 3402.

Once this acquisition is closed and integrated, 365 will feature:

  • 20 interconnected network-centric Data Centers
  • 1,000,000 data center square feet which includes ample expansion space
  • 53 MW of available power
  • 105 Carriers across the platform with about 300 Carrier Points-of-Presence (PoPs)
  • 90 additional network PoPs outside the 20 Data Centers
  • Direct on-ramps from each Data Center to the public clouds
  • Cloud storage, cloud compute, BaaS, DRaaS, and business continuity offerings
  • 1,700 carrier, content, and enterprise customers

“This acquisition demonstrates 365 Data Centers’ adherence to its network-centric colocation growth strategy,” said Bob DeSantis, 365 Data Centers CEO.

“We have already successfully doubled our business two times since inception in 2017 by acquiring, financing, integrating, and growing quality assets. We look forward to doing the same with the addition of the Sungard colocation and network portfolio, which will further enable us to provide quality services, grow our customer base, and deliver exceptional financial performance, all of which benefits our customers, employees, and investors.”

Sungard employees associated with the acquired business are expected to continue to serve existing customers and will be complemented by the 365 technical team. The same happened during the 2020 acquisition of Atlantic Metro when some of the  founders and key leaders will joined the 365 executive team. DeSantis added, “We look forward to having Sungard professionals join 365 and wowing our entire customer base with the combined talents of over 200 dedicated employees.”

Funding for the transaction has already been secured from 365’s existing equity owners, including Stonecourt Capital which invests capital from some of the world’s largest family offices, institutions and sovereign wealth funds, and the Company’s bank syndicate, which represents the premier lenders to the data center industry.

The deal is expected to close during the next three months. This transaction further solidifies 365’s position as one of the largest privately held IaaS providers operating in the Eastern United States with direct network connectivity to owned facilities in key western markets to serve customers with those geographic requirements.

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Member Spotlight | 365 Data Centers
Boca Raton-based 365 Data Centers to acquire U.S. Colocation and Network Business