VEERUM, a SaaS provider, and eStruxture Datacenters, a leading provider of network and cloud-neutral data center solutions, are partnering to provide the future of asset visualization and management. VEERUM has selected eStruxture Data centers (CAL-1) to satisfy its network connectivity and colocation needs.

According to the 2017 report from Mckinsey, around 90% of capital developments around the world are going over budget that is wasting $1.6 trillion per year. To assist the business in mitigating this problem, VEERUM will be offering its clients with an ability to create virtual 3D models of their projects using its Asset Visualization Platform. This visualization platform is all set to assist businesses to analyze their project progress, make data-driven decisions to mitigate risks and maintain the required quality standards. VEERUM had expanded its client base all around the world, and the colocation facility and connectivity strategy from eStruxture are all set to assist them. eStruxture had earlier acquired the facility from Shaw communications in August 2019.

David Lod, Chief Executive Officer of VEERUM, said in a statement that eStruxture offers direct and low latency access businesses need. The company is one of the largest carrier and cloud-neutral center solutions provider in Calgary, and it’s even SOC-II and PCI-I-compliant, that gives the required data security and business continuity solution.

Jaime Leverton, Senior Vice-President and Chief Commercial Officer at eStruxture, said VEERUM is an exciting partner because it adds valuable work supporting capital project delivery on a global scale. The CAL-1 data center is flexible with energy-efficient solutions and renders support to multiple security zones.

eStruxture data center recently secured a $170 million credit facility that was led by the National Bank of Canada and Scotiabank. The funding was aimed towards accelerating the growth strategy, acquire new facilities and expand the existing data centers.