According to company officials, the expanded facility will support some 1,000 end-user recovery positions for the financial services IT provider, and about 2,000 sf of space will be dedicated to high availability services and secure infrastructure. The latter will include pre-wired redundant telecom, uninterruptible power supply units and 24-hour security monitoring.
"We are committed to meeting the needs of our customer in the New York metro area," says Jim Simmons, CEO of SAS, of the expansion. "After 9/11, the Carlstadt facility supported 47 disaster declarations, many of which were from SunGard's financial services clients in Lower Manhattan. This new facility will give our customers more options for work group recovery and high availability services."
Total cost of the new facility is pegged in the $104 million range, according to company officials, including $50 million to build it, $27 million in additional capital improvements to the site and another $27 million in long-term lease payments. Construction is slate to begin next month, with completion projected for the second quarter of next year.
"One of the lessons learned from September 11 was the need to keep people and information connected," Simmons continues. "With today's technology, you can get your information to a recovery facility faster than you can get your people there."
Altogether, SunGard, which has annual revenues of $2 billion, operates more than three million sf of hardened data center facilities around the world, one-fifth of that in the metro New York area. It serves more than 10,000 clients in North America with information availability services for more than 30 technology platforms, from 48-hour disaster recovery hotsites to electronic vaulting services. SunGard also provides technology and systems management services.
© Touchpoint Markets, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to asset-and-logo-licensing@alm.com. For more inforrmation visit Asset & Logo Licensing.