QualityStocks would like to highlight Data Storage Corporation (OTCBB: DTST). The company provides cloud storage and cloud computing focused on data protection, disaster recovery, and business continuity solutions that assist organizations in protecting their data, minimize downtime, ensure regulatory compliance, and recover and restore data quickly. The company’s solutions include: data backup and storage, replication; high availability data replication services; email archive and compliance solutions for e-discovery; continuous data protection; data de-duplication; virtualized system recovery; and telecom recovery services.
In the company’s news yesterday,
Data Storage announced it has completed the first two phases of its three-phased expansion plan for its Waltham data center facility.
The company says the phase 1 and 2 completions more than triple the company’s existing footprint with the additional installation of IBM’s iSeries High Availability and Disaster Recovery server hardware and the new IBM iSeries Hosted Cloud solution.
In addition to the added High Availability and Disaster Recovery capacity upgrades, the expansion also greatly increases the company’s cloud-based offsite storage and data vaulting capabilities, which opens the door for opportunities within highly regulated industries such as finance and healthcare, where the need for storage on physical media is often inadequate, and exposes media to loss, theft, and degradation.
“Demand for our hosted solution offerings, especially in HA and DR services geared towards SMB customers, has grown significantly over the past year,” Matthew Grosso, executive vice president and CTO at Data Storage stated in the press release. “The completion of our phase 1 & 2 expansion in Waltham is just another step in our multi-year roadmap as we plan to meet greater demands for our High Availability and Disaster Recovery services. These expansions will enable us to roll out additional cloud services over the coming months.”
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