(147 Total References)
"I think all of us see ...
"I think all of us see pretty good demand," said Tony Wanger, President of IO.
IO President Tony Wanger (right) discusses the state of the data center industry at the recent New York Data Center Summit.
The wildcard in the supply equation is new entrants to the market, said Wanger
"This may be early, but we're ...
"This may be early, but we're keeping a close eye on virtual reality," said Tony Wanger, President of colocation provider IO.
"IO's ability to execute a ...
"IO's ability to execute a large-scale capital raise in the current market environment represents a substantial vote of confidence in IO and directly benefits our customers," said IO President Anthony Wanger.
"IO attracts capital because we attract and grow key customer relationships."
Investor Confidence is Key to Growth
has been tracking data center financing since 1999, and says the industry has come a long way from the early days of the Internet boom, when many real estate investors were wary of data centers.
says lender confidence if critical because of the expense of building quality data center space.
"Our ability to gain access to capital is important," said Wanger
: Investors are starting to appreciate the advantages of the data center space.Click To Tweet
"Investors are starting to appreciate the advantages of this space," said Wanger
"We currently think our structure (as an LLC) has advantages, but our approach has always been to keep our options open," said Wanger
Anthony Wanger, President ...
Anthony Wanger, President and Founder of IO said, "It was a pleasure to work with Jim Wilson and his team at Cushman & Wakefield.
The Phoenix campus "has been a ...
The Phoenix campus "has been a fantastic success," said Tony Wanger, the president of IO.
expects to break ground this year, and plans a structurally robust three-story building with a rooftop equipment yard.
Data center modules will be manufactured at the BASELAYER facility, and make a 15-mile truck ride to the IO
Phoenix site, where they will enter the building on the first floor, and be raised to the second or third floors via a large elevator.
The 42-foot long modules are moved using "air skates" that use compressed air to raise heavy loads (similar to a hovercraft) and allow one or two staffers to move modules as heavy as 20 tons.
The Benefits of a Cloud Campus
"Building from scratch affords us a lot of flexibility," said Wanger
"We're already thinking about our loading plan, and we can leave plenty of room for turning radius.
We're optimizing for module yield."
says that the multi-story design will allow the new data center to house more modules than IO
's initial Phoenix building, even though it has a smaller physical footprint.
Scale matters to IO
, which operates a 1 million square foot facility in Edison, New Jersey.
IO President Tony Wanger: The ability to expand in Phoenix is a big, big deal for us.Click To Tweet
The team of Wanger, IO CEO George Slessman and BASELAYER CEO Bill Slessman has a long history in the Phoenix market.
In 2007, the Slessmans and Wanger formed I/O Data Centers (now just IO) and brought its first facility online in Scottsdale.
Two years later, they acquired the huge, power-rich site for IO
Phoenix, which was built to house the bottling operations of LeNature's Beverages, which never fully occupied the building before filing for bankruptcy.
transformed the massive building into a data center, with early phases using a raised-floor design before IO
went all-in on modular design.
The company now has more than 400 customers in Phoenix, ranging from cloud customers to tenants like LexisNexis and telco CenturyLink, which leased 9 megawatts at IO
Phoenix last year.
sees this growth as an affirmation of IO
's decision to use modular designs as flexible building blocks for scalable infrastructure.
"Now virtually everyone in the industry uses standardized designs and pre-fabricated products," said Wanger