Data Storage Corporation Expands Managed Services for Clients
Data Storage Corporation Expands Managed Services for Clients
Data Storage Corporation (NASDAQ: DTST), a key player in the business continuity solutions market, has made headlines recently with its latest contract announcement. The company's subsidiary, CloudFirst, has successfully secured an expanded agreement with a notable client, a billion-dollar insurance company. This agreement marks a progressive step for Data Storage Corporation, focusing on enhancing their service offerings.
About the New Contract
The recent deal allows the insurance company to elevate their disaster recovery capabilities significantly. Previously, they relied on the Company’s security solutions for their IBMi system. Now, they are transitioning to a fully managed hosted target system, which underscores their ongoing commitment to improving data security and reliability.
Enhanced Data Management Services
With the new agreement, Data Storage Corporation will deliver a comprehensive hosting solution that encompasses not only cloud backup but also backup management and replication management. This initiative aims to ensure that the client enjoys seamless and dependable data continuity.
Leadership Insights
Hal Schwartz, President of CloudFirst, expressed pride in their role as a trusted partner for this client's sensitive data. He noted that the shift to a hosted solution offers the client the advantage of avoiding new hardware costs. Alongside this, they benefit from Data Storage Corporation's fully managed services, which are designed for rigorous monitoring and support, thereby achieving maximum uptime and security.
CEO Comments on Strategic Partnerships
Chuck Piluso, CEO of Data Storage Corporation, further emphasized the importance of collaboration with infrastructure partners. He highlighted the extent to which such partnerships enhance the capability to provide integrated solutions that meet diverse client needs. Their alliance with specialists in Intel and Windows platforms allows for innovative cloud solutions that drive significant benefits to all involved parties.
About Data Storage Corporation
Data Storage Corporation is recognized as a prominent provider of fully managed cloud hosting, disaster recovery, and cybersecurity services. With operations that span multiple regions and a client base that includes Fortune 500 companies across sectors such as government, education, and healthcare, DTST is strategically positioned in the multi-billion-dollar market for cloud hosting and business continuity.
Focus on Growth and Stability
The company’s strategic investments and its regional data centers across North America contribute to its reputation as a stable growth leader in cloud infrastructure. This enables them to provide reliable and sustainable services with subscription agreements, catering to an ever-evolving technological landscape.
Company Contact Information
For inquiries related to their offerings, the Company can be contacted through Crescendo Communications, LLC at 212-671-1020 or via email at DTST@crescendo-ir.com.
Frequently Asked Questions
What recent contract has Data Storage Corporation secured?
Data Storage Corporation has secured an expanded contract with a billion-dollar insurance company to enhance their disaster recovery capabilities.
What services are included in the new agreement?
The new agreement includes fully managed hosting solutions, cloud backup, backup management, and replication management to ensure data continuity.
How does this agreement benefit the insurance company?
The insurance company can avoid acquiring new hardware costs while benefiting from improved data management and security services.
What is the role of CloudFirst in this agreement?
CloudFirst, a subsidiary of Data Storage Corporation, is responsible for providing the managed services outlined in the contract.
How does Data Storage Corporation distinguish itself in the market?
Data Storage Corporation distinguishes itself through strategic investments in cloud solutions, serving a diverse range of clients with tailored services and a commitment to reliable technology.
About Investors Hangout
Investors Hangout is a leading online stock forum for financial discussion and learning, offering a wide range of free tools and resources. It draws in traders of all levels, who exchange market knowledge, investigate trading tactics, and keep an eye on industry developments in real time. Featuring financial articles, stock message boards, quotes, charts, company profiles, and live news updates. Through cooperative learning and a wealth of informational resources, it helps users from novices creating their first portfolios to experts honing their techniques. Join Investors Hangout today: https://investorshangout.com/
Disclaimer: The content of this article is solely for general informational purposes only; it does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice; the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. The author's interpretation of publicly available data shapes the opinions presented here; as a result, they should not be taken as advice to purchase, sell, or hold any securities mentioned or any other investments. The author does not guarantee the accuracy, completeness, or timeliness of any material, providing it "as is." Information and market conditions may change; past performance is not indicative of future outcomes. If any of the material offered here is inaccurate, please contact us for corrections.
Related Articles
- David Tepper's Optimism for Chinese Stocks Amid Stimulus Push
- Investors Urged to Act Before Deadline on Orthofix Case
- Bristol Myers Squibb's Breakthrough Approval of COBENFY for Schizophrenia
- Investigation into Sun Communities Raises Questions for Investors
- Class Actions Announced for GitLab, Outset Medical, and Others
- Recent Class Action Suits Highlight Challenges for Investors
- Australia and China Strengthen Economic Collaboration Efforts
- Thermoform Packaging Growth Projections and Market Insights
- DexCom Investors Alert: Class Action Lawsuit Filed for Securities
- Cathie Wood's ARK ETF Expands Investment in Amazon Stock
Recent Articles
- Allonnia and Mining3 Join Forces to Innovate Sustainable Mining
- Entera Bio and OPKO Health Unveil Breakthrough Oxyntomodulin Results
- KULR Technology Group Expands Army Battery Contract to $2.4M
- Brenmiller Energy Partners with Leaders to Enhance bGen™ Growth
- Exploring the Future of 6G Technology and Its Rapid Growth
- Neuronetics Expands TMS Access for Adolescents with MDD
- Elevating Fleet Management: Merchants Fleet and Ridecell Unite
- Future of Structural Health Monitoring Market Looks Bright
- PTX Metals Expands Uranium Footprint in Thelon Basin Region
- Enveric Biosciences Pioneers Innovative Non-Hallucinogenic Therapy
- Oklo Enhances Collaboration with the Department of Energy
- Leadership Change: Rasmus Untidt Takes the Helm at MT Højgaard
- Merck's Favezelimab and Keytruda Combination Faces Setback
- Asahi Kasei America Establishes New Headquarters in Novi
- Hawaiian Airlines Unveils Starlink Service for Passengers
- ICE Clear Credit Achieves Milestone in CDS Processing Efficiency
- Cintas Corporation Reports Strong Growth in Fiscal 2025 Q1
- Starbucks CEO Outlines Vision as Shares Experience Fluctuations
- Arbor Realty Trust Faces Securities Fraud Class Action Lawsuit
- Unlocking Income: The New VanEck AA-BB CLO ETF Opportunity
- Bay Area Homebuyers Experience Significant Monthly Savings
- Raymond J. Brune Shares his Healing Journey from Bullying
- Stitch Fix Sees Dramatic Drop Amid Mixed Market Trends
- Used Smartphone Market Thrives with 6.4% Growth in 2023
- Kerry W. Kirby Advocates for Affordable Housing Solutions
- Insights on PayPal, Cisco, and Citizens Financial Strategies
- Bloomberg Law's New Report Explores Supreme Court's Litigation Trends
- Empowering Survivors: Free Moves from College HUNKS in October
- RentRedi Collaborates with Steadily to Enhance Insurance Access
- Weiss Law: A New Era in Real Estate Legal Services
- Call for Delay in Judicial Confirmations is a Bold Move
- Why High-Income Earners Are Opting to Rent Instead of Buy
- Honoring the Legacy of Clouse Family Through Victim Advocacy
- Sencha Unveils Innovative Tools to Revolutionize Development
- Comparative Analysis: Intel and AMD's Future in AI Chip Market
- Celebrating 15 Years of Healthcare Innovation and Impact
- Post Holdings Projects Robust EBITDA for Fiscal Year 2024
- Understanding Succession Planning: Insights from Daniel Feiman
- Sentral Expands Management Portfolio to Exceed $4 Billion
- Energy Toolbase and Stellar Solar Launch Innovative Energy Management
- Seelos Therapeutics Implements Strategic Reverse Stock Split
- Lisa Tanzer Transitions to CEO Coaching International as Partner
- Salesforce Boosts Data Management with Zoomin Acquisition
- Transforming Home Design: ReImage AI Unveils Paint AI App
- FTI Consulting: Positive Growth Outlook Drives Share Price Target Up
- Salem Nurses Organize Picket to Secure Fair Contract
- DOMA Advocates for Enhanced Stock Buyback Program at Pacira
- Duke Energy Mobilizes Massive Workforce for Storm Preparedness
- Post Holdings Announces $500 Million Senior Notes Offering
- Denyce Graves Foundation's Voice Symposium Inspires Future Artists