Data Storage Corporation to Showcase Multi-Cloud Innovations at 2025 iAccess Alpha Conference
MELVILLE, N.Y., March 20, 2025 — Data Storage Corporation (Nasdaq: DTST), a leading provider of multi-cloud hosting, managed cloud services, disaster recovery, cybersecurity, and IT automation, has announced its participation in the upcoming iAccess Alpha Virtual Best Ideas Spring Investment Conference 2025, scheduled for March 25-26, 2025. (dtst.com)Event Details
- Presentation Date and Time: March 25, 2025, at 10:00 a.m. ET
- Presenters:
- Chuck Piluso, Chief Executive Officer
- Chris Panagiotakos, Chief Financial Officer
- Webcast Access: Live Webcast Link
- Replay Availability: Post-event replay accessible on the company's Investor Relations page
Key Highlights
During the conference, DSC's leadership will provide insights into:
- Expanding Footprint: The company's growth in cloud hosting and IT modernization.
- Cloud Solutions: Scalable, secure, and high-performance offerings.
- Strategic Partnerships: Collaborations with AWS, Microsoft Azure, and Google Cloud to drive innovation.
About Data Storage Corporation
Data Storage Corporation specializes in multi-cloud hosting, managed cloud services, disaster recovery, cybersecurity, and IT automation. The company's CloudFirst platform, built on IBM Power Cloud infrastructure, delivers high-performance, scalable, and secure cloud solutions with interoperability across AWS, Microsoft Azure, and Google Cloud. (dtst.com)
With data centers across the United States, Canada, and the United Kingdom, DSC serves a diverse clientele, including Fortune 500 companies, government agencies, educational institutions, and healthcare organizations.
Recent Financial Performance
In its 2024 fiscal year, DSC reported:
- Revenue: $25.4 million, a 2% increase from 2023.
- Net Income: $513,000, a 71% improvement over the previous year.
- Adjusted EBITDA: $2.37 million.
- Cash and Marketable Securities: $12.3 million with no long-term debt. (globenewswire.com)
Strategic Developments
- Data Center Expansion: Added four new Tier III data centers in the UK and Chicago, totaling ten globally.
- Integration: Successfully integrated Flagship Solutions Group into CloudFirst, enhancing efficiency and cross-selling opportunities.
- Major Contracts: Secured significant contracts across motorsports, insurance, healthcare, and education sectors. (globenewswire.com)
Implications and Industry Impact
DSC's participation in the iAccess Alpha Conference underscores its commitment to innovation in multi-cloud hosting and IT modernization. The company's strategic partnerships and recent expansions position it to meet the growing demand for compliant, enterprise-grade cloud solutions globally.
Technical Details
- CloudFirst Platform: Built on IBM Power Cloud infrastructure, ensuring high performance and security.
- Interoperability: Seamless integration with AWS, Microsoft Azure, and Google Cloud.
- Data Centers: Presence in the United States, Canada, and the United Kingdom, supporting diverse client needs. (dtst.com)
Conclusion
Data Storage Corporation's upcoming presentation at the iAccess Alpha Virtual Best Ideas Spring Investment Conference 2025 is a significant event for investors and industry stakeholders. It offers a comprehensive overview of the company's strategic direction, financial health, and commitment to innovation in the multi-cloud hosting and IT modernization sectors.
For more information, visit www.dtst.com or follow DSC on X (formerly Twitter) @DataStorageCorp.