The Greater New York data center market features the largest line-up of competitors of any market in the United States. This region brings in the most revenue of any market in the US, according to a recent report by 451 Research, and boasts the second largest combined operational square footage.
Two sub-markets have developed in the Greater New York area: Manhattan and outside Manhattan (Northern New Jersey, Long Island, Hudson River Valley, and Southern Connecticut). Many companies have moved to the suburbs to take advantage of lower prices, lower costs, flexible colocation services, disaster recovery and the ability to connect into various ecosystems and cloud platforms.
The New York/New Jersey market is a global hub for the financial, pharmaceutical and digital media industries. These industries place stringent demands on their data center solutions provider in six key areas. Those areas include wholesale colocation, retail colocation, interconnect, web & application hosting, managed hosting and IaaS. QTS outperforms the competition, meeting five of those six business needs, providing wholesale and retail colocation, web & application hosting, managed hosting and IaaS solutions.
QTS recently acquired a facility in Piscataway, NJ, to expand our presence in the market - QTS already has locations in Jersey City and Princeton, NJ. The Piscataway location offers infrastructure-abundant, purpose-built space with the perfect mixture of power, reliability, and security. And, as Manhattan real estate continues to become more expensive, QTS’ Piscataway, NJ location takes advantage of lower real estate costs and electricity rates.
QTS plans on expanding the Piscataway facility over the next few years, adding 86,000 sq. ft. and an additional 8 MW of capacity. This will bring the totals of the Piscataway facility to 176,000 sq. ft. and over 26 MW of critical power.
QTS is an industry-leading provider of data center solutions, with a commitment to creating flexible, customized solutions for our customers. To learn more about QTS, visit our website or call us toll-free at 877.QTS.DATA.