Iron Mountain

Iron Mountain Incorporated (NYSE: IRM) is a global leader in information management services, providing solutions to protect and manage critical business information and assets. Founded in 1951, the company is headquartered in Boston, Massachusetts and serves over 225,000 customers worldwide, including 95% of the Fortune 1000.

Iron Mountain offers a comprehensive range of services across several key business segments. Its Global Records and Information Management (RIM) Business, which accounts for the majority of revenue, includes records management, data management, secure shredding, and digital solutions. The Global Data Center Business provides enterprise-class data center facilities to protect mission-critical IT infrastructure. Additional offerings include asset lifecycle management, secure storage and destruction services, as well as specialized solutions for industries like healthcare and entertainment. Iron Mountain operates a vast real estate network of over 85 million square feet across more than 1,400 facilities in over 50 countries.

In recent developments, Iron Mountain reported strong financial results for 2023, with full-year revenue increasing 7.6% to reach a record USD 5.48 billion. The company's data center business saw particularly robust growth, leasing 124 megawatts of capacity during the year. Looking ahead, Iron Mountain has issued 2024 guidance projecting continued strong revenue growth of 10-12%. The company is also advancing strategic initiatives like Project Matterhorn to enhance its integrated solutions and drive sustained expansion. In January 2024, Iron Mountain completed the acquisition of Regency Technologies to further build out its asset lifecycle management capabilities.