Wired RE: Indiana Data Center Purchased by Online Tech

June 11, 2014: Wired RE reports Online Tech recently announced it had purchased a 44,000 square foot Indiana data center in Indianapolis.

The building was bought from Midcontinent Independent System Operator (MISO) for $5 million, and Online Tech is planning to invest another $5 million in computer and power generation equipment. The facility was previously used as a backup data center for MISO, which manages the power grid for the majority of the Midwest.

The Indianapolis facility marks the fifth data center for Online Tech, which already owns four Michigan data centers comprising over 100,000 square feet altogether. The new location provides the company with a center to backup data in case a natural disaster affects Michigan, where snow storms and other inclement weather conditions that affect power availability are common.

As well as the need to geographically diversify, Online Tech chose to invest in the Indiana data center because administrators felt the area was underserved. Citing the fact that Indianapolis is the thirteenth largest U.S. city, bigger than San Francisco, Klein said the company felt businesses in the city deserved better cloud computing providers than were currently available. The majority of Online Tech’s customers belong to regulated industries like finance and healthcare. Because of this, they are in need of massive amounts of storage space for electronic records that must be kept for years and be easily accessible.

Read more here: Indiana Data Center Purchased by Online Tech

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