Austin, TX – Data Foundry announced that after an exhaustive search for a colocation provider, Forestar Group Inc. (NYSE: FOR) has chosen Data Foundry.
Forestar Group, an Austin-based company focused on sustainability and growth solutions in real estate, mineral resources and fiber resources, will leverage Data Foundry’s colocation facility infrastructure for its mission-critical server needs, including redundant power, HVAC and network services.
As a publicly-traded company, Forestar utilized a rigid data center selection criteria and chose Data Foundry because the company met a number of stringent requirements. In addition to meeting Forestar’s SAS 70 certification requirements, Data Foundry won top choice for Forestar based on class of service, security, availability and responsiveness. Data Foundry’s offsite colocation services will reduce Forestar’s disaster recovery costs and the probability of both data center and worksite being impacted by a single disaster. In addition, colocation with Data Foundry increases availability of Forestar’s server and network equipment, as well as eliminating the costs of internally owning, managing and maintaining data center services.
“We see a growing trend in public companies choosing to outsource data center services due to the demands of maintaining and managing their own facility. As a result, demand for colocation is increasing due to capacity constraints, business uncertainty and lack of capital to support data center construction projects.” –Mark Noonan, VP of Sales at Data Foundry.
Forestar will rely on Data Foundry’s responsive, knowledgeable personnel for on-site technical support, including their remote hands service to support its server needs.
“Data Foundry provides us with the immediate and long term benefits associated with collocated data center services. They were able to reduce our startup and operating costs, yet maintain the values we would provide in our own data center; skilled resources, tight security, reliable power & cooling facility, and a well organized rack and cabling infrastructure.” – Brian Noble, IS&T Director at Forestar Group.
About Forestar
Forestar Group Inc. operates in three business segments: real estate, mineral resources and fiber resources. The real estate segment owns directly or through ventures over 249,000 acres of real estate located in nine states and twelve markets in the U.S. The real estate segment has 20 real estate projects representing over 31,200 acres currently in the entitlement process, and 74 entitled, developed and under development projects in seven states and eleven markets encompassing over 16,200 acres, comprised of over 29,700 residential lots and over 2,400 commercial acres. The mineral resources segment manages about 620,000 net acres of oil and gas mineral interests. The fiber resources segment includes the sale of wood fiber and management of our recreational leases. The company also has a 45% nonparticipating royalty interest in groundwater produced or withdrawn for commercial purposes from approximately 1.4 million acres in Texas, Louisiana, Georgia and Alabama. Forestar’s address on the World Wide Web is //www.forestargroup.com