Kerry Bailey Leads Terremark To Grow In Cloud Computing During Dramatic Industry Change As New Verizon Division
With a background in military intelligence and security services and a degree in computer science, Kerry Bailey finds himself heading one of Miami’s key high-tech companies: Terremark Worldwide. Mr. Bailey was brought in after Verizon Communications purchased Terremark this year.
Mr. Bailey succeeds Terremark founder Manny Medina, who Mr. Bailey credits for reinventing the company’s focus from real estate to information technology. He said he hopes to build on his predecessor’s work.
As part of communications giant Verizon, Miami-based Terremark has grown to more than 3,000 employees in dozens of countries. One of the company’s main data centers — the Network Access Point [NAP] of the Americas — is located downtown, not far from the firm’s corporate headquarters.
As company president, Mr. Bailey is charged with overseeing operations at the NAP data center, which handles 90% of the Internet traffic between North America, Europe and Latin America.
He said Terremark should continue to grow as cloud computing increasingly serves as a platform for mobile phone and computer communications, transforming everyday life for millions of people.
"We’re in the third era of this IT evolution," he said. "First we were in mainframe. Then we were in client server. We’re now in cloud. Cloud is going to change business and how workers function. It’s all connected."