TORONTO – Cogeco Data Services celebrated the opening of its new state-of-the-art data centre in the heart of Toronto's business district.
The new centre will serve local customers as well as organizations requiring easy access and low latency connections to Canada's largest business and financial institutions. The company said that the move comes as more organizations move from on-site environments to cloud computing and hybrid service models.
"The trend has been to move data centres outside the downtown core because real estate is at a premium in major economic hubs like Toronto," said president Tony Ciciretto, in the announcement. "But Canada's largest business district has unique needs including access to unparalleled speed and the ability to access facilities quickly for maintenance activities or in the event of an emergency. Even brief delays for a financial or business transaction can mean the difference of millions of dollars and that means that customers of our downtown facility will have a distinct advantage in meeting and exceeding the extreme latency and proximity requirements of the business sector."