Digital Realty Announces the Expansion of ServiceFabric™
- ServiceFabric™ now includes 70 members providing over 100 services, showing continued momentum and growth in the platform.
- The introduction of Service Directory has led to over 70 members joining the directory and listing more than 100 services, creating a vibrant ecosystem for seamless interconnection and collaboration.
- None.
Insights
The expansion of Digital Realty's ServiceFabric™, now encompassing 70 members offering over 100 services, signifies a robust growth in the company's ecosystem. This directly impacts the company's competitive edge in the data center and interconnection industry, which is increasingly driven by the demand for AI and HPC solutions. By facilitating low-latency, private data exchanges, Digital Realty is positioning itself as a crucial player in the AI infrastructure market. The introduction of the Service Directory enhances the platform's visibility and accessibility, potentially driving more partnerships and revenue streams.
Investors should monitor the uptake of the Service Directory and the subsequent effect on Digital Realty's market share and financial performance. The ability to attract a diverse range of service providers and users could signal a healthy demand for the company's offerings, possibly translating to stronger financial results in the upcoming quarters. However, it is also important to consider the capital expenditures associated with expanding and maintaining such a platform, as they can affect profit margins.
With the announcement of ServiceFabric™'s growth, Digital Realty (NYSE: DLR) may see an impact on its stock valuation. The enhancement of PlatformDIGITAL® through the integration of an open orchestration platform like ServiceFabric™ is likely to be viewed favorably by investors who are keen on companies with strong positions in emerging technologies. The direct connections to over 200 global cloud on-ramps could lead to increased network effects, potentially resulting in higher occupancy rates in Digital Realty's data centers and improved revenue.
From a financial perspective, it’s crucial to analyze the capital expenditures and operating costs against the revenue generated by the new services. The long-term return on investment will be an important metric for stakeholders. If Digital Realty manages to secure a significant number of AI and HPC workloads, it could lead to a re-rating of the company's stock due to anticipated future earnings growth.
The strategic focus on AI and HPC by Digital Realty showcases the company's commitment to staying at the forefront of technology trends. The ability to support private AI applications, which require high-speed and secure data exchange, is a competitive advantage in the data center space. As businesses continue to increase their reliance on AI, the demand for specialized infrastructure like that provided by ServiceFabric™ is expected to grow.
Understanding the technical capabilities of ServiceFabric™, such as its support for low-latency exchanges and direct cloud connections, is essential for stakeholders. These features are critical for AI and HPC workloads, which are sensitive to delays and require robust data throughput. The success of this platform could influence the broader data center industry, prompting competitors to enhance their offerings, which in turn could lead to increased innovation and better services for end-users.
ServiceFabric™ Now Includes 70 Members Providing Over 100 Services, Building on PlatformDIGITAL®'s Connected Data Communities
The need for an open interconnection and orchestration platform is critical as an enabler for artificial intelligence (AI) and high-performance compute (HPC), especially as enterprises increasingly deploy private AI applications, which rely on the low latency, private exchange of data between many members of an ecosystem. PlatformDIGITAL® was chosen to be the home of many groundbreaking AI and HPC workloads and ServiceFabric™ was designed with the needs of cutting-edge applications in mind.
Following the recent introduction of Service Directory, a central marketplace that allows Digital Realty partners to highlight their offerings, over 70 members have joined the directory and listed more than 100 services, including secure and direct connections to over 200 global cloud on-ramps, creating a vibrant ecosystem for seamless interconnection and collaboration.
Service Directory is a core component of the ServiceFabric™ product family that underpins Digital Realty's vision for interconnecting global data communities on PlatformDIGITAL® and enabling customers to tackle the challenges of Data Gravity head-on.
Chris Sharp, Chief Technology Officer, Digital Realty, said: "ServiceFabric™ is redefining the way customers and partners interact with our global data center platform. By fostering an open and collaborative environment, we're empowering businesses to build and orchestrate their ideal solutions with unparalleled ease and efficiency."
A key differentiator is Service Directory's 'Click-to-Connect' capability, which allows customers to orchestrate and automate on-demand connections to the services they need, significantly streamlining workflows and removing manual configuration steps.
With 'Click-to-Connect', ServiceFabric™ users can:
- Generate secure service keys, granting controlled access to resources and partners with customizable security parameters
- Automate approval workflows and facilitate connections to Service Directory, paving the way for seamless interconnectivity
- Initiate service connections, significantly streamlining workflows between partners and customers
- Integrate seamlessly with Service Directory, creating a unified experience for discovery, connection, and orchestration
Leading companies are embracing the power of ServiceFabric™ Service Directory including:
"We are excited to extend our collaboration with Digital Realty by bringing together the automation capabilities of PlatformDigital® and Console Connect. The availability of Console Connect on the ServiceFabric™ Service Directory provides Digital Realty customers with on-demand access to our full global ecosystem, while enabling Console Connect users to seamlessly interconnect to more Digital Realty locations worldwide. We share Digital Realty's vision of building a more open and interconnected digital ecosystem." – Michael Glynn, SVP of Digital Automated Innovation, Console Connect
"ServiceFabric™ Service Directory is a great fit for our global digital infrastructure platform. It can enable our customers and partners to connect faster and more easily via Colt, regardless of their location." – Mark Hollman, Vice President for Partner Development and Success, Colt Technology Services
"We firmly believe ServiceFabric™ Service Directory has the potential to transform the way businesses connect and consume cloud services. As Fortinet continues to work closely with DigitalRealty to expand its global cloud network of SASE locations, the opportunity to grow our strategic partnership by offering additional Fortinet cloud-delivered security and connectivity solutions as part of an on-demand service will help an even broader number of customers seamlessly secure their business-critical data, devices, and applications." – Michael Xie, Founder, President, and Chief Technology Officer, Fortinet
"ServiceFabric™ Service Directory provides us with a unique platform to showcase our high-performance compute and automated network solutions to a global audience of Digital Realty customers. We're confident it will help us expand our reach and accelerate our growth." – Richard Nicholas, SVP Strategy and Corporate Development, Hivelocity
"Digital Realty's ServiceFabric™ has emerged as an essential feature of its portfolio. As one of the leading global providers of data center, colocation and interconnection services, Digital Realty enables agile digital infrastructure capability for enterprises and the IT ecosystem. Enabling real time interconnection orchestration among IT partners and vendors is one the most important requirements for customers leveraging colocation facilities. The continued growth and expansion of ServiceFabric is a testament to the relevance of this platform and the vision of Digital Realty." – Courtney Munroe, RVP, IDC
"With ServiceFabric™ Service Directory, businesses can access and use cloud services in a new and dynamic way. Lumen's Network-as-a Service solution leverages this platform to deliver on-demand experiences that address the most urgent business needs. We are excited to be part of this innovative platform that transforms the cloud landscape and helps us build on our vision to deliver a frictionless digital experience for our customers." – Satish Lakshmanan, Lumen Chief Product Officer
"ServiceFabric™ Service Directory aligns perfectly with our commitment to providing hybrid and multi-cloud products that are easy to deploy and use. It's a valuable tool for our customers and partners" – Lance Weaver, Chief Product and Technology Officer, Private Cloud, Rackspace
"As the cloud leader in emerging markets, the entire Zenlayer team is looking forward to helping Digital Realty customers extend their reach into LATAM, EMEA, and
Concluded Sharp, "Offering access to a dense and highly connected data community, ServiceFabric™ is poised to become the go-to platform for businesses seeking to build and manage their solutions in an open, secure, and efficient way. We are continuously evolving and expanding our platform to meet the 'next data exchange' and evolving traffic patterns driven by hybrid, multi-cloud, and AI-workload solutions."
About Digital Realty
Digital Realty brings companies and data together by delivering the full spectrum of data center, colocation and interconnection solutions. PlatformDIGITAL®, the company's global data center platform, provides customers with a secure data meeting place and a proven Pervasive Datacenter Architecture (PDx®) solution methodology for powering innovation and efficiently managing Data Gravity challenges. Digital Realty gives its customers access to the connected data communities that matter to them with a global data center footprint of 300+ facilities in 50+ metros across 25+ countries on six continents. To learn more about Digital Realty, please visit digitalrealty.com or follow us on LinkedIn and X.
For Additional Information
Media Contacts
Helen Bleasdale
Digital Realty
hcbleasdale@digitalrealty.com
+1 737 267 6822
Investor Relations
Digital Realty
+1 737 281 0101
InvestorRelations@digitalrealty.com
Safe Harbor Statement
This press release contains forward-looking statements which are based on current expectations, forecasts and assumptions that involve risks and uncertainties that could cause actual outcomes and results to differ materially, including statements related to ServiceFabric™ and its product family, expected growth in digital transformation and demand, customer demand and company strategy. No representation or warranties are made by the company or any of its affiliates regarding the elements of the ServiceFabric™ strategy, or any statements or projections related thereto, and results are not guaranteed. For a list and description of risks and uncertainties, please see the company's reports and other filings with the
View original content to download multimedia:https://www.prnewswire.com/news-releases/digital-realty-announces-the-expansion-of-servicefabric-302040317.html
SOURCE Digital Realty
FAQ
What is the latest announcement from Digital Realty (NYSE: DLR)?
How many members are now part of ServiceFabric™?
How many services are listed in the Service Directory?
What is the purpose of Service Directory?
