Hosting News
Peak 10’s Steady Growth Provides Customer Stability in Uncertain Economic Times
2009-03-12
Managed Services Leader Leverages Capital and Expertise to Enhance
Infrastructure and to-provide Cost-Effective Solutions
CHARLOTTE, N.C. (March 12, 2009) – Peak 10, Inc., the leading independent
data center operator and managed services provider, is experiencing continued,
steady growth despite the challenges of the current economic climate. The
investments made in 2008 in managed services and data center buildouts have
already paid dividends. 2009 will bring additional facility enhancements and
advanced service offerings for Peak 10. Leveraging its $60 million extended RBC
credit facility secured in the spring of 2008, the company has remained on an
investment path to meet ongoing customer demand.
“We have taken deliberate, calculated steps towards enhancing data center
capacities and to offer outsourced solutions that reduce customer operating
risks. We are increasing productivity, maximizing efficiencies and scale of
operations so our valued clients may steadily thrive despite the volatility of
our current business environment,” said David H. Jones, Peak 10’s president and
chief executive officer. ”We encountered a similar, perhaps not as pervasive,
downturn in the 2001-2002 early phase of our company’s growth. We learned
important lessons then and have kept those core operating principles as we have
grown.
Founded in 2000, Peak 10 has strategically expanded its footprint throughout the
Eastern U.S. The company built its initial facilities, acquired facilities from
companies that did not survive the technology downturn in 2001-2002, and then
acquired established data center companies in Louisville, Ky., Nashville, Tenn.,
and Richmond, Va. In 2007, Peak 10 expanded into Atlanta, Ga. and also added a
second facility at its Jacksonville, Fla. location. 2008 brought further growth
with the opening of a greenfield facility in Cincinnati, Ohio as well as
expansions in Nashville, Tenn. and Raleigh, N.C, where additional
state-of-the-art, fully-commissioned facilities were added to meet existing and
new customer demand. Further Peak 10 success-based expansions in established
markets are planned for 2009 to allow for further customer growth.
Peak 10’s progressive infrastructure development has been complemented by the
creation of management roles to increase focus on customer service and
satisfaction. Often promoting from within, the company recently advanced
seasoned Peak 10 general managers Greg Rollet and Allen Skipper to regional vice
president positions. Earlier this year Mark Whetstone, an industry veteran from
M3 Technology Group, joined Peak 10 as vice president of business development in
a move by the company to expand its visibility in strategic markets and to
further enhance its partner business relationships.
“We are among a select group of IT services providers that have continued to
invest significant capital in the construction of new facilities and enhancement
of service portfolios,” said Dan Wixon, vice president of service delivery for
Peak 10. “Our main focus is investing in our customers’ growth and offering cost
savings by expanding our existing data center capacities, providing our managed
services expertise, and leveraging our strategic partnerships as well as
personal touch with our clients to deepen our relationships and customer
experience.”
Peak 10 maintains a range of service offerings and works as a consultant with
clients and their partners to meet specific requirements. Due to its proven
business model and distinguished reputation within the industry, Peak 10
maintains a strategic network of prominent partners to compliment its core
service delivery. These partnerships give Peak 10 the unique capacity to offer
the latest cost-effective technology solutions such as virtualization and cloud
computing.
“Peak 10 provides a superb level of customer service and a portfolio of proven
solutions allowing our management team to focus on our bottom line, which is
more important now than ever before,” said Jim Hester, IT manager at etrials
Worldwide, Inc., a leading provider of clinical trial software and services.
“The redundancy of Peak 10’s infrastructure and the scalability of its services
allow for maximum stability and flexibility as our business demands evolve.”
“Our customers are looking for ways to increase value and save costs for their
companies during a very difficult economic downturn,” said Jeff Spalding,
executive vice president of market operations for Peak 10. “We help companies
reduce costs through enhanced utilization of their data center, improved
resource deployment and leveraging the latest technologies such as
virtualization to increase performance and availability. We deliver these
cost-effective solutions by partnering with our clients and acting as an
extension of their team. This allows our clients to better deploy their
skill-set while we monitor and manage their critical infrastructure 24x7x365.”
Peak 10’s evolving managed IT and data center services improve reliability,
increase revenue growth, lower costs and maximize internal resources for
customers while keeping their valuable information technology assets close to
the business. Peak 10 combines its secure network, high-tech data centers and
portfolio of managed services with localized engineering and support to serve
market-leading companies nationwide. The company owns and operates data centers
in nine key U.S. markets that include Cincinnati, Ohio; Atlanta, Ga.; Raleigh
and Charlotte, N.C.; Tampa and Jacksonville, Fla.; Nashville, Tenn.; Louisville,
Ky.; and Richmond, Va.
About Peak 10, Inc.
Peak 10 is the leading independent data center operator and managed services
provider, delivering scalable, economical and reliable solutions for hosting and
managing complex information technology infrastructure. The company combines
multiple data centers and its portfolio of managed services with localized
engineering and support to serve market-leading companies including LendingTree,
Rivals.com, Global Knowledge, Pergo, Healthways, Churchill Downs and The Fresh
Market. Peak 10 is SAS70 Type II compliant and helps companies meet the
requirements of various regulatory compliance acts such as Sarbanes-Oxley (SOX),
HIPAA, PCI and Gramm-Leach-Bliley (GLBA). For more information on data center
solutions from Peak 10, visit www.peak10.com.
Click here for more information
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