Terremark in growth, hiring mode under new owner Verizon
By Scott Blake
If Miami has a future as a high-tech hub, it is in places like Terremark Worldwide Inc.'s Network Access Point of the Americas building.
What makes Miami-based Terremark stand out is that, despite the weak economy, the information technology infrastructure company has been in growth mode since Verizon Communications bought it this year.
Ironically, a big reason Terremark has continued to grow its business is the recession, says Terremark spokesman Xavier Gonzalez.
He says tough business conditions have prompted more businesses to look for shared computing services known as cloud computing, which is one of Terremark's specialties.
Cloud computing involves the sharing of resources, software and information provided to computers and other electronic devices as a utility, like an electricity grid, over a network — with access to those services via the Internet.
"It's a more efficient way of doing business. You don't have to spend a lot on capital" because of the shared networks, Mr. Gonzalez says.
Since the purchase by Verizon, Terremark's 1,100 staff has grown to about 3,000 worldwide. Many of those employees came over from Verizon, while some positions have been added.
In Miami, Terremark employs about 400 people. That includes 150 employees at the NAP of the Americas building — one of 50 data centers the company operates worldwide — and about 250 employees at its downtown headquarters on Biscayne Boulevard.
Currently, Terremark is looking to fill 86 positions worldwide, including 30 in information technology, 20 in engineering, nine in telecommunications and seven in management, according to the company's web site.
"We're adding some positions now," Mr. Gonzalez says.
Located at the north end of downtown, the six-story fortress-like building is lined with cement barriers on the street below. Inside the lobby, armed guards stand post beside a metal detector for anyone with permission to enter.
On the floors above, what goes on is truly mindboggling.
Throughout the 750,000-square-foot building, rows of computer servers and other equipment — linked to an underground fiber optic cable system that spreads out and runs across North America and even overseas — are capable of handling millions of functions per second.
That includes Internet connections, email, banking transactions and government communications — thus the need for high security.
When the Miami data center opened about 10 years ago, plans were for it to serve about 30 communications networks. Today, the building serves close to 170.
The building handles about 90% of all Internet traffic between North America and Europe and Latin America, according to the company.
When it comes to information technology, Mr. Gonzalez says, "this is one of the hubs of the world."
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