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451 Research - Biography

Rick Kurtzbein
Research Analyst, Datacenters

Rick Kurtzbein joined 451 Research in October 2010 as a Research Analyst covering the datacenter space. Prior to joining 451 Research, Rick had over 20 years of IT experience in several fields. Rick began his career as a contract technical writer on IBM projects before transitioning to project management.

Rick managed software and infrastructure projects at Fortune 500 clients including Sabre Holdings, American Airlines, and Capital One Financial. Rick next joined Unisys as a Transition Manager for datacenter-outsourcing contracts; he later joined IBM in the same datacenter outsourcing role.

Rick holds a BA in English/Technical Writing from the University of North Texas, and the Project Management Institute’s Project Management Professional (PMP) certification.

Reports by this Analyst

DuPont Fabros reports Q1: Net DC and Yahoo still problematic, but some bright spots
MIS Impact Report - May, 2015
The company reported revenue of $107m for Q1, down Q/Q but up 5% Y/Y due to a large tenant's bankruptcy in Q1, but also to new lease commencements. New space in Silicon Valley has just opened and is already 100% leased. The Phase II expansion at ACC7 in Virginia is underway.
Green House expands footprint, services portfolio with new facility and FiberCloud pickup
MIS Impact Report - May, 2015
The company continues to expand, launching its newest datacenter in Orangeburg, New York, and purchasing FiberCloud, which brings facilities in the Seattle area as well as cloud and managed service capabilities.
MTDC customer wins: New York Internet, Venyu, MTN Business, Ukrtelecom
MIS Spotlight - May, 2015
Demand for multi-tenant datacenter services continues, with customers from multiple industries looking to leverage MTDC facilities in a variety of geographic locations. This week's wins were primarily driven by the connectivity, reliability, scalability and security provided by MTDCs.
Sabey Data Centers expands its West Coast presence
MIS Impact Report - April, 2015
The company is building a second datacenter at its campus in Quincy, Washington, that will provide some 135,280 square feet, with 10.5MW of critical load at full buildout. It has already signed up an anchor tenant. The first turnkey suite is expected to become available in Q4.
Internap Q1: more churn, lower revenue guidance, same EBITDA guidance
MIS Spotlight - April, 2015
The company's Q1 revenue was affected by churn of a relatively small number of fairly large customers and reported Q1 revenue of $80.8m, down 4.1% sequentially and down 1.4% Y/Y. The firm lowered full-year revenue guidance while reiterating its full-year EBITDA guidance.
CyrusOne makes a move up the East Coast with acquisition of Cervalis
TDM Deal Analysis - April, 2015
CyrusOne has picked up Cervalis to enter the greater New York /New Jersey market. With the deal, the company adds four multi-tenant datacenters to its footprint and extends its National IX platform to the NY/NJ region.
Oil & gas downturn of little concern as CyrusOne expands across South Texas
MIS Impact Report - April, 2015
CyrusOne has further bolstered its South Texas footprint with the purchase of a powered shell in Austin's MetCenter Business Park. The first phase will complete this year, providing 60,000 square feet of operational space and 6MW of critical load.
Continuum targets high-density, network-hungry customer base
MIS Impact Report - April, 2015
In its first six months at its new datacenter, Continuum has completed the migration of its customer base from its previous facility and created the new United IX peering platform. The platform now serves the Chicago market to allow participants to interconnect and exchange traffic.
Sentinel's Transmission+ offers low-cost alternative for non-mission-critical workloads
MIS Impact Report - April, 2015
The company is offering a new datacenter product that leverages dual-sourced transmission-quality utility power to deliver higher availability than typically found with grid-only options. Customers can use this option for less sensitive infrastructure at significantly lower cost.
MTDC customer win roundup: Telx, Data Foundry, CoreSite
MIS Spotlight - March, 2015
We continue to see customer wins for a variety of providers across North American and emerging markets, with demand driven by firms seeking to leverage the advantages of the multi-tenant datacenter model.
Cologix's growth strategy carries over into 2015 - in Minneapolis
MIS Impact Report - March, 2015
The company expands at the 511 11th Avenue carrier hotel in Minneapolis to address demand for enterprise-quality datacenter space for customers seeking carrier density in the Midwest.
ByteGrid buys Sidus BioData, scales compliant managed hosting and cloud services
TDM Deal Analysis - March, 2015
ByteGrid Holdings continues to move up the services stack with the acquisition of Sidus BioData. The target should significantly enhance ByteGrid's capabilities by providing a suite of vertically targeted compliant managed hosting and cloud services.
Lightower buys ColocationZone, gains a datacenter to complement its Chicago network
TDM Deal Analysis - March, 2015
With the acquisition of ColocationZone, Lightower gains a downtown Chicago colocation facility and control of the 725 S. Wells meet-me room. Although Lightower owns 18 colocation facilities on the East Coast, the new Chicago datacenter is its first in the Midwest.
21Vianet Q4 results: revenue up, but expenses up more
MIS Impact Report - March, 2015
The company once again reported strong Q4 revenue growth, driven mainly from its CDN and colocation revenue. 21Vianet finished the year with a record 21,522 cabinets under company management, and we expect it will further benefit from its Microsoft and IBM cloud offerings.
Involta's healthcare expertise spurs growth in Boise
HITS Insight - February, 2015
The company has added a second datacenter in Boise with St. Luke's Health System as one of its anchor tenants. The firm has invested $10.5m to build the greenfield, 31,400-gross-square-feet purpose-built facility, which is now open.
Internap reports Q4: churn a downer, but adjusted EBITDA up
HITS Insight - February, 2015
The company reported full-year revenue of $335m, including $43.2m of revenue attributable to the iWeb acquisition. Revenue was down sequentially, partly due to customer churn due following Internap's exit from 111 8th Ave in New York, but adjusted EBITDA was up sequentially.
CyrusOne expansions and leasing success drive solid revenue growth in Q4
HITS Insight - February, 2015
The company turned in solid results for Q4 and continued its success with enterprise customers by adding three Fortune 1000 companies in the quarter out of a total of 15 for the year, increasing its Fortune 1000 customer base to 144.
ViaWest scales up with third Portland datacenter
HITS Insight - February, 2015
ViaWest is building its third datacenter in the Portland market in Hillsboro, Oregon, a stand-alone greenfield development. It will provide over 200,000 gross square feet and 138,000 square feet of net sellable space when fully built out.
Digital Realty closes out 2014 with leasing success and construction in 10 markets
HITS Insight - February, 2015
The company's Q4 results showed total revenue up 8.2% Y/Y. Digital Realty continues to have leasing success, signing leases in Q4 representing $45.9m in annualized revenue. It has datacenter construction under way in 10 markets.
Stream sells datacenter to financial services firm but will stick around to manage it
HITS Insight - February, 2015
An undisclosed Fortune 1000 financial services firm now calls Stream Data Centers' Richardson II datacenter home. Stream sold the facility but will provide facilities management services that include staffing and on-site engineering.
Netrality Properties seizes 1301 Fannin opportunity to enter Houston market
HITS Insight - February, 2015
The company will enter the Houston market with the acquisition of the 1301 Fannin carrier hotel. Netrality Properties will expand the building's datacenter capacity in response to Houston demand.
DuPont Fabros reports Q4 leasing success, new president and CEO, but some bad debt
HITS Insight - February, 2015
The company reported an increase in revenue due to new lease commencements. The firm also named Christopher P. Eldredge as president and CEO, to succeed Hossein Fateh. But one customer has stopped paying base rent, leading to lower 2015 guidance.
Forsythe Technology partners with T5 Facilities Management in Chicago
HITS Insight - February, 2015
The company will provide facilities management services at Forsythe's new Data Centers Retail+ colocation facility. The services include staffing, training programs, operational policies and site-specific procedures. The purpose-built greenfield datacenter will be available in May.
451 Research publishes Multi-Tenant Datacenter North American Providers report
HITS Insight - January, 2015
Our new report provides the overall size, scope and growth of the multi-tenant datacenter market in North America. It spotlights various prominent North American MTDC providers and offers a market outlook for each.
TDS and the anatomy of datacenter relocations
HITS Insight - January, 2015
Datacenter migrations remain one of the main barriers to moving from in-house to outsourced datacenter services: they are costly, risky and increasingly complex. Companies like TDS, working with IT organizations, now play a critical role in the success of datacenter migration projects.
1547 and Hawaii Pacific Teleport launch AlohaNAP datacenter
HITS Insight - January, 2015
1547 and Hawaii Pacific Teleport have joined forces to open the newly redesigned AlohaNAP datacenter. The AlohaNAP's meet-me room connects to the adjacent HPT facility and leverages its communications satellite and fiber network, and accesses multiple undersea cable systems that land in Oahu. It expects that as network interconnection density increases, the campus will attract multiple content and cloud providers to the islands.
Customer win roundup: RagingWire, CyrusOne, C4L
HITS Insight - January, 2015
This week's wins include customers selecting RagingWire in Sacramento and Ashburn, engaging CyrusOne in Sterling, and signing up with CL4 in the UK. It seems that resilience, scalability, security and connectivity continue as the key differentiators this week.
Switch doubles down in Nevada: heads to Reno with eBay as anchor tenant
HITS Insight - January, 2015
The company will build a new SUPERNAP campus in Reno, Nevada, with eBay as its anchor tenant. At full buildout, the campus could support up to three million gross square feet. The first phase will become available in Q2 2016.
Carter Validus closes out 2014 acquiring four more datacenters in Arizona and Georgia
HITS Insight - January, 2015
The company has acquired two IO datacenters in Phoenix and two datacenters in Atlanta to close out 2014. It also has a new Mission Critical REIT II offering that will strive to raise $2.25bn to invest in mission-critical facilities.
CoreSite opens VA2 phase I (100% leased), kicks off VA2 phase II at Reston campus
HITS Insight - January, 2015
The company has opened the first phase of its second datacenter on its Reston campus, with the entire turnkey capacity leased to a single tenant. CoreSite expects phase II capacity to become available in Q2 2015.
Customer win roundup: QTS Realty Trust, Cyberverse, Colo Atl
HITS Insight - January, 2015
US providers continue to report customer wins. The key industries this week include a managed service provider and two network service providers, all stressing the criticality of network connectivity in their selection criteria.
Funding roundup: Equinix, QTS Realty Trust, T5 Data Centers
HITS Insight - December, 2014
Leading MTDC providers continue to be able to raise funds and secure debt in order to develop capacity amid a healthier economy and strong industry fundamentals. Equinix, QTS Realty Trust and T5 Data Centers close out the year by securing additional funding to expand in 2015.
451 Research publishes Multi-Tenant Datacenter Supply: Key Asia-Pacific Markets report
HITS Insight - December, 2014
451 Research has released a new MTDC report that gives readers a detailed look at six key datacenter markets in the Asia-Pacific region, including Tokyo, Osaka, Hong Kong, Singapore, Sydney and Melbourne.
MTDC wins: Equinix, Globe, Iron Mountain, Telx
HITS Insight - December, 2014
Customer wins for multi-tenant datacenter providers remain steady as we near the end of 2014. Financial services, government, education and cloud services organizations have opted to migrate data to support global operations.
Green House Data expands on East Coast with second datacenter
HITS Insight - December, 2014
The company is building a second East Coast datacenter at the Orangeburg campus of 1547 Critical Systems Realty. The concurrently maintainable 20,000-square-foot datacenter will become available Q1 2015. Tenants will benefit from a sales tax exemption.
COLO-D doubles down on its facility in Quebec
HITS Insight - December, 2014
COLO-D opened phase one of its new facility just over a year ago and thought it would build the second phase several years out. But it has had to expand earlier than planned, adding 6MW of critical load that will become available Q1 2015.
Customer win roundup: Equinix, T5 Data Centers, Windstream, NEXTDC, PTCL
HITS Insight - December, 2014
Multi-tenant datacenter wins continue, with global wins from diverse industries, each of which recognized the advantages of embracing the multi-tenant datacenter model rather than owning and operating their own datacenters.
Executives on the move: T5 Data Centers, Involta, Q9 Networks, DATA4 Group
HITS Insight - December, 2014
Executive changes continue for multi-tenant datacenter and infrastructure providers as companies compete for qualified and seasoned professionals to support internal growth strategies.
CyrusOne is stirring in Sterling as it opens phase I of its Virginia datacenter
HITS Insight - December, 2014
The company is opening up shop on the East Coast with a new datacenter in Sterling, Virginia, that was built in only seven months. The new space is already partially preleased.
21Vianet reports strong Q3 revenue growth but lowers full-year guidance
HITS Insight - December, 2014
The company reported net revenue increasing to 778.5 million renminbi ($126.8m). Hosting and related services (colocation) revenue was up, due to the increase in the number of cabinets, growth in CDN services and growing cloud revenue.


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