Iron Mountain and Google Cloud Partner to Unlock the Potential of Information to Drive Business Growth
Iron Mountain chooses Google Cloud as its preferred cloud provider for artificial intelligence and machine learning
Companies will jointly develop solutions that will enable customers to gain insights from business data through innovative content analytics, information management capabilities and cloud-based machine learning
BOSTON, July 23, 2018 /PRNewswire/ -- Iron Mountain Incorporated (NYSE: IRM)®, a global leader in storage and information management services, today announced a partnership with Google Cloud to develop new AI-powered SaaS solutions on GCP to help organizations analyze their vast physical and digital information and data repositories, to unlock insights, improve decision making and create new revenue streams. Iron Mountain expects to deliver these new subscription services built on GCP this September.
In addition, Iron Mountain has selected Google Cloud as its preferred cloud provider for artificial intelligence and machine learning, providing Iron Mountain with highly reliable and secure services.
With the exponential growth of data across industries, many businesses continue to struggle to classify, access, and understand the full value of their data. By not knowing what they have, organizations are missing the opportunity to utilize that data to uncover new revenue opportunities and cost savings.
"As the trusted guardian of information for 95 percent of the FORTUNE 1000, we know firsthand the challenges of understanding and acting on data insights," said William Meaney, president & CEO, Iron Mountain. "Whether it's a global insurance company or an oil and gas conglomerate, our customers depend on us to help make their physical and digital information useful and accessible while keeping it safe. This partnership with Google Cloud brings two industry-leading players together to deliver a new category of solutions for organizations looking to utilize their data's value, while closely managing their security and privacy."
"We're delighted to partner with Iron Mountain to develop and bring new insight capabilities to market - particularly given their deep domain expertise and customer portfolio," said Tariq Shaukat, President, Partner and Industry Platforms at Google Cloud. "Customers in data-intensive industries like energy, financial services, healthcare and many others can create significant business value from the union of data with machine learning and content analytics."
The new solution, delivered as a subscription service to lower the cost of ownership, will enable organizations to:
- Quickly Know What You Have – Iron Mountain's innovative content analytics platform, interoperability with its Iron Cloud™ secure data storage services, and expertise in data analytics and metadata classification;
- Enhance Intelligence – Google Cloud Platform's advanced machine learning and leading edge artificial intelligence capabilities; and
- Drive Value – Apply neural networks and deep learning to deliver high impact outcomes such as revenue creation, cost reduction, risk avoidance – across a wide range of vertical market segments.
Iron Mountain and Google Cloud will collaborate to enable business growth, compliance and digital transformation initiatives, providing customers with the peace of mind that an organization's high-value data remains secure, protected and available. Customers can benefit from the seamless integration of policy-driven data management, workflow management and data analytics in a more automated and cost-effective way. This partnership reinforces Iron Mountain's strategy for meeting the digital transformation needs of its customers through the development of innovative information management solutions and strategic partnerships with market-leading providers of cloud and technology solutions.
"We've heard from many companies about the challenges of trying to manage data and utilize information for insights," said Holly Muscolino, research vice president, Content Technologies and Document Workflow, IDC. "They have too much of it to analyze, and when they try to, it's highly complex and resource-intensive to do on their own. The combined expertise, technology and customer relationships that Iron Mountain and Google Cloud bring to the table is well positioned to unlock this potential."
About Iron Mountain
Iron Mountain Incorporated (NYSE: IRM), founded in 1951, is the global leader for storage and information management services. Trusted by more than 225,000 organizations around the world, and with a real estate network of more than 85 million square feet across more than 1,400 facilities in over 50 countries, Iron Mountain stores and protects billions of valued assets, including critical business information, highly sensitive data, and cultural and historical artifacts. Providing solutions that include information management, digital transformation, secure storage, secure destruction, as well as data centers, cloud services and art storage and logistics, Iron Mountain helps customers lower cost and risk, comply with regulations, recover from disaster, and enable a more digital way of working. Visit www.ironmountain.com for more information.
MEDIA CONTACT
Christian T. Potts
Iron Mountain Incorporated
(617) 535-8721
christian.potts@ironmountain.com
INVESTOR CONTACT
Melissa Marsden
Iron Mountain Incorporated
(617) 535-8595
melissa.marsden@ironmountain.com
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