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OnX Enterprise Solutions Announces New US$20 Million Data Center and Cloud Computing InvestmentMajor New Investment in OnX's Cloud and Data Center Infrastructure Designed to Support Clients' Growing Cloud Deployments (April 30, 2012)
TORONTO and NEW YORK, NY -- (Marketwire) -- 04/30/12 -- OnX Enterprise Solutions, a leading global provider of enterprise data center solutions, today announced a new US$20 million investment in the company's cloud and data center infrastructure. With this investment, OnX becomes one of the first to market with a dual data center cloud strategy in Canada. The new investment will help OnX expand its cloud offerings to clients throughout North America in the enterprise market who are seeking a high-availability solution with multiple facility failover capacity.
The new US$20 million investment will be used to build out OnX's cloud infrastructure including greatly increasing data center capacity levels, building on its best of breed technology solutions, and furthering OnX's partnerships with leading cloud providers including Cisco, EMC, and VMware. This new data center investment comes on the heels of OnX's announcement of its Federated Cloud Centers of Excellence (FCCE) where clients can test-drive enterprise cloud solutions at fully equipped data centers with live data using real-world applications and scenarios. OnX FCCE are available for client demos at the OnX Lab Centers located in Chicago, Irvine, New York and Toronto.
"This investment will help us significantly expand our cloud technology solutions and services for clients across the globe," said OnX President and CEO, Ed Vos. "We are executing on our strategy to be a leader in the cloud, and today's announcement not only demonstrates our commitment to this vision but also our ability to execute on it. With this capital infusion, we are extending our ability to offer IT services and solutions in the most optimal way our clients want to consume it."
According to an April 2011 Forrester Research, Inc. forecast data report, "Sizing The Cloud" by Stefan Ried, Ph.D. and Holger Kisker, Ph.D., the global cloud computing market will grow from $40.7 billion in 2011 to more than $241 billion in 2020. Forrester's cloud market taxonomy outlines the different market dynamics for the three core layers of cloud computing -- the public cloud, the virtual private cloud, and the private cloud.
OnX's portfolio of cloud and managed services is designed to simplify and accelerate the design and deployment of cloud-based enterprise computing solutions, either on client premises or in an OnX hosted data center. OnX's cloud offerings are all-encompassing and are part of the OnX Federated Cloud framework, which builds and manages a cohesive and adaptable mix of private and shared cloud computing platforms. OnX cloud services include:
- OnTask: a suite of infrastructure-as-a-service offerings for dedicated private hosting, virtual multi-tenant for disaster recovery, and self-serve virtual data center options;
- OnRecovery: backup and disaster recovery services for legacy and private cloud configurations, including remote vaulting and full remote backup management;
- On Expert: client site support and management services for infrastructure, servers, and networking equipment; acting as a single point of contact for technical assistance; and
- OnMessage: cloud-based, enterprise class email and collaboration that is a cost effective alternative to Microsoft Exchange.
"In deploying a new Ziften desktop quality-of-service application in Canada, it quickly became abundantly clear that the most efficient use of our resources and fastest time to market was through leveraging a cloud-based solution from OnX," said Brian Roemmele, CEO, Privacy-Assured Inc. "We were able to deploy the Ziften business application without major upfront capital or infrastructure investment, and we can scale on demand as we grow the line of business."
"This investment in OnX's cloud infrastructure and data centers puts OnX's offering on par with any leading cloud and data center provider," said Bart Foster, OnX chairman and operating partner at Marlin Equity. "With its leading solutions, global clients across various industries, and strong leadership team, OnX is well positioned to accelerate deployments of its Federated Cloud platform."
About Marlin Equity
Marlin Equity Partners is a Los Angeles, CA-based private investment firm with over $1 billion of capital under management. The firm is focused on providing corporate parents, shareholders and other stakeholders with tailored solutions that meet their business and liquidity needs. Marlin invests in businesses across multiple industries that are in the process of undergoing varying degrees of operational, financial or market-driven change where its capital base, industry relationships and extensive network of operational resources significantly strengthens a company's outlook and enhances value. Since its inception, Marlin, through its group of funds and related companies, has successfully completed over 45 acquisitions. For more information, please visit www.marlinequity.com.
OnX Enterprise Solutions is a global enterprise data center solutions provider with a suite of end-to-end solutions including the industry's leading Federated Cloud solution offerings. The company designs, builds and manages complete data center environments comprised of multi-vendor offerings in four core areas -- Hardware & Software Solutions, Cloud & Managed Services, Digital & Application Services, and Technology Solutions & Professional Services. Over the past 28 years, OnX has helped clients achieve exceptional business results that accelerate their growth and value. With global headquarters in Toronto, Canada and US based headquarters in New York, NY, OnX has a team of more than 700 IT professionals, revenues of more than $750 million, and clients and offices throughout North America and Europe. OnX is a privately held company and majority owned by Marlin Equity Partners. For more information, visit: www.OnX.com.
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