– Providing Enterprises High Performance Access To Oracle Generation 2 Cloud Infrastructure FastConnect On the CoreSite Open Cloud Exchange® –
– Providing Customers More Points of Connectivity and More Bandwidth Options –
– Enabling Customers with Multi-Region and Multi-Cloud Architectures To Directly Integrate Their Networks with Generation 2 Oracle Cloud Infrastructure –
DENVER--(BUSINESS WIRE)--Jun. 16, 2020-- CoreSite Realty Corporation (NYSE:COR) (the “Company), a premier provider of secure, reliable, high-performance data center, cloud and interconnection solutions across the U.S., and a member of Oracle PartnerNetwork (OPN), today announced it will offer on-demand connectivity to Oracle Cloud through Oracle Cloud Infrastructure FastConnect on the CoreSite Open Cloud Exchange. CoreSite’s cloud-enabled data center campuses now offer low-latency connectivity to each of the Oracle Cloud regions in the United States located in Ashburn, VA and Phoenix, AZ. Oracle customers can harness the power of scalable, low-latency, hybrid architectures at CoreSite to unlock innovation and drive business growth.
Focused on Enterprise Needs for their Digital Journey
CoreSite provides direct, high-speed fiber interconnects to Oracle Cloud Infrastructure for the most demanding data needs. CoreSite is now also offering Oracle FastConnect on-demand on the CoreSite Open Cloud Exchange, providing additional points of connectivity, more bandwidth options and rapid service provisioning resulting in a seamless experience for customers. This service addresses the growing need of enterprises to support their multi-region and multi-cloud architectures by enabling direct integration to the Oracle Generation 2 Cloud and bare metal cloud architecture.
“Having Oracle Cloud Infrastructure FastConnect within our facilities and as part of the CoreSite Open Cloud Exchange simplifies the connectivity model with an automated provisioning process, offers flexible bandwidth options, and additional points of access into Oracle Cloud services. This is another example of how CoreSite continues to enrich the value of our interconnection platform to aid enterprises and service providers in designing and implementing hybrid and multi-cloud solutions, inclusive of bare metal environments,” said Maile Kaiser, CoreSite’s SVP of Sales.
“Customers require seamless connectivity from their data centers and networks to Oracle Cloud for their most demanding workloads and applications,” said Vinay Kumar, vice president of product management, Oracle Cloud Infrastructure. “With the FastConnect Service, customers consume Oracle CIoud Infrastructure services with a dedicated and private connection, that bypasses the internet so they can easily scale with their growing business demands.”
Oracle Cloud Infrastructure FastConnect provides dedicated connectivity to Oracle Cloud Infrastructure and other Oracle Cloud services. FastConnect provides an easy, elastic, and economical way to create a dedicated and private connection with higher bandwidth options, and a more reliable and consistent networking experience versus public internet-based connections.
Specifically architected to meet the needs of the enterprise, Oracle Cloud is a Generation 2 enterprise cloud that delivers powerful compute and networking performance and a comprehensive portfolio of infrastructure and platform cloud services from application development and business analytics to data management, integration, security, artificial intelligence (AI), and blockchain. With unique architecture and capabilities, Oracle Cloud delivers unmatched security, performance, and cost savings. Oracle Generation 2 Cloud is the only cloud built to run Oracle Autonomous Database, the industry's first and only self-driving database.
CoreSite Realty Corporation (NYSE:COR) delivers secure, reliable, high-performance data center, cloud and interconnection solutions to a growing customer ecosystem across eight key North American markets. More than 1,350 of the world’s leading enterprises, network operators, cloud providers, and supporting service providers choose CoreSite to connect, protect and optimize their performance-sensitive data, applications and computing workloads. Our scalable, flexible solutions and 450+ dedicated employees consistently deliver unmatched data center options — all of which leads to a best-in-class customer experience and lasting relationships. For more information, visit www.CoreSite.com.
About Oracle Cloud Infrastructure
Oracle Cloud Infrastructure is an enterprise Infrastructure as a Service (IaaS) platform. Companies of all sizes rely on Oracle Cloud to run enterprise and cloud native applications with mission-critical performance and core-to-edge security. By running both traditional and new workloads on a comprehensive cloud that includes compute, storage, networking, database, and containers, Oracle Cloud Infrastructure can dramatically increase operational efficiency and lower total cost of ownership. For more information, visit https://www.oracle.com/cloud/.
About Oracle PartnerNetwork
Oracle PartnerNetwork (OPN) is Oracle’s partner program designed to enable partners to accelerate the transition to cloud and drive superior customer business outcomes. The OPN program allows partners to engage with Oracle through track(s) aligned to how they go to market: Cloud Build for partners that provide products or services built on or integrated with Oracle Cloud; Cloud Sell for partners that resell Oracle Cloud technology; Cloud Service for partners that implement, deploy and manage Oracle Cloud Services; and License & Hardware for partners that build, service or sell Oracle software licenses or hardware products. Customers can expedite their business objectives with OPN partners who have achieved Expertise in a product family or cloud service. To learn more visit: http://www.oracle.com/partnernetwork.
Oracle and Java are registered trademarks of Oracle and/or its affiliates.
Forward Looking Statements
This press release may contain forward-looking statements within the meaning of the federal securities laws. Forward-looking statements relate to expectations, beliefs, projections, future plans and strategies, anticipated events or trends and similar expressions concerning matters that are not historical facts. In some cases, you can identify forward-looking statements by the use of forward-looking terminology such as “believes,” “expects,” “may,” “will,” “should,” “seeks,” “approximately,” “intends,” “plans,” “pro forma,” “estimates” or “anticipates” or the negative of these words and phrases or similar words or phrases that are predictions of or indicate future events or trends and that do not relate solely to historical matters. Forward-looking statements involve known and unknown risks, uncertainties, assumptions and contingencies, many of which are beyond CoreSite’s control that may cause actual results to differ significantly from those expressed in any forward-looking statement. These risks include, without limitation: the geographic concentration of the Company’s data centers in certain markets and any adverse developments in local economic conditions or the level of supply of or demand for data center space in these markets; fluctuations in interest rates and increased operating costs; difficulties in identifying properties to acquire and completing acquisitions; significant industry competition, including indirect competition from cloud service providers; failure to obtain necessary outside financing; the ability to service existing debt; the failure to qualify or maintain its status as a REIT; financial market fluctuations; changes in real estate and zoning laws and increases in real property tax rates; the effects on our business operations, demand for our services and general economic conditions resulting from the spread of the Novel Coronavirus (“COVID-19”) in our markets, as well as orders, directives and legislative action by local, state and federal governments in response to such spread of COVID-19; and other factors affecting the real estate industry generally. All forward-looking statements reflect the Company’s good faith beliefs, assumptions and expectations, but they are not guarantees of future performance. Furthermore, the Company disclaims any obligation to publicly update or revise any forward-looking statement to reflect changes in underlying assumptions or factors, of new information, data or methods, future events or other changes. For a further discussion of these and other factors that could cause the Company’s future results to differ materially from any forward-looking statements, see the section entitled “Risk Factors” in its most recent annual report on Form 10-K, and other risks described in documents subsequently filed by the Company from time to time with the Securities and Exchange Commission.