Goldman Sachs Selects IO as Global Modular Data Center Provider of Choice

PHOENIX, Sept. 19, 2012 /PRNewswire/ -- IO, the leading provider of next-generation modular data center technology and services, today announced that it has entered into a long-term, strategic technology partnership with the Goldman Sachs Group, Inc. ("Goldman Sachs") as its preferred, global modular data center provider.

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As part of this partnership, Goldman Sachs will utilize IO's modular data center technology in multiple, global Data Center as a Service (DCaaS™) locations including Singapore, the United Kingdom and the United States. Goldman Sachs also will deploy IO.Anywhere™ modular technology in its internal data centers and will use IO's IO.OS®, the premier secure data center operating system, in each deployment to gain business intelligence, real-time visibility and control of its environments to achieve optimal data center performance.

This innovative "Data Center 2.0" strategy marks a shift from large real estate-based infrastructures to flexible and sustainable modular installations. In addition to greater operating and capital expense savings, Goldman Sachs expects to enhance energy conservation and power usage effectiveness (PUE) associated with its data center facilities through its service agreement with IO.

"We are pleased to partner with IO and believe their Data Center 2.0 strategy provides sustainable enhancements to our data center operations," said Don Duet, global co-chief operating officer of the Technology Division at Goldman Sachs. "Their innovative technology and services will allow Goldman Sachs to scale its data center operations more efficiently, and further advance the firm's broader commitment to environmental stewardship and reduced carbon footprint."   

"IO has set the new industry standard with Data Center 2.0 by changing the way data centers are assembled, consumed and operated—affording our clients greater capital savings, operational efficiencies and energy conservation," said George D. Slessman, CEO, IO. "Goldman Sachs' adoption of Data Center 2.0 principles and the resulting technology partnership with IO will accelerate the transformation of data center technology and its delivery.  Technology and relentless innovation are now driving data center infrastructure decisions for the largest companies in the world."

About IO

IO designs, engineers and delivers data center infrastructure for the world's largest enterprises, governments and service providers. IO owns and operates data centers for hundreds of customers, and has leveraged this experience to build a next-generation Data Center 2.0 cloud enabling technology platform. IO.Anywhere™ modular data centers provide enterprise-class infrastructure that can be delivered as DCaaS and rapidly deployed as a product to customer sites anywhere in the world. IO developed the first data center infrastructure operating system, IO.OS, to provide the intelligent control needed to maximize utilization, resiliency and energy efficiency. IO is a privately held company headquartered in Phoenix, Arizona. For more information on IO, please visit us on the web at io.com.

Disclaimer All information provided is subject to change without notice. IO is not responsible for errors or damages of any kind resulting from the use of the information contained herein. Although IO has made reasonable efforts to ensure the accuracy of the information presented, IO makes no warranty or guarantee, either expressed or implied, as to the accuracy, completeness and/or reliability of the information contained herein. CONFIDENTIAL (v1.0-4/11)