The latest news on one of the industry's fastest growing data center companies.
Steve C. Bloom has joined the company as Chief People Officer (CPO). Bloom has more than 25 years of hands-on leadership experience in a variety of industries including technology, healthcare, consumer products, and financial services, having spent the majority of his career in world-class organizations like PepsiCo, Citibank and Medco. Most recently, Bloom served as SVP and Chief Human Resource Officer for ProBuild, a $5B distribution and building materials company with more than 11,000 employees.
QTS has purchased a 360,000 square foot data center from DuPont Fabros Technology, Inc. in Piscataway, New Jersey. The facility becomes QTS’ third New Jersey data center, and strengthens its ability to serve Fortune 1000 enterprises, and companies in financial services, healthcare and technology in the Northeast. QTS purchased the existing 18 megawatt facility for approximately $125 million and will plan to add an additional 8 megawatts over the next few years. This represents an upfront cost per megawatt of below $7 million, which is materially below average cost to build in the New York / New Jersey market.
The hyperscale cloud provider selected QTS in early 2016 to provide more than 20,000 square feet and four megawatts of power. The new agreement dramatically increases the company’s usage to a total of 40,000 square feet and eight megawatts of power at the LEED Gold certified QTS Dallas-Fort Worth mega data center. The rapid pace of expansion was driven by the fast growing use of cloud services, coupled with QTS’ ability to quickly scale to its clients’ needs.
QTS has been selected by PBMares, a leading accounting and business consulting firm serving the Mid Atlantic, to house the company’s data center.