Changes

==Business Scope and History==

==Business Scope and History==

Iron Mountain is a world leader in information management services, assisting more than 140,000 organizations in 39 countries on five continents with storing, protecting and managing their information.  

 

Publicly traded under NYSE symbol IRM, Iron Mountain is an S&P 500 company and a member of the Fortune 1000 (currently ranked: 643). Organizations in every major industry and of all sizes—including more than 97% of the Fortune 1000—rely on Iron Mountain as their information management partner.  

Iron Mountain now has more than 45 million sq. ft. of storage space in more than 1,000 facilities in 37 countries.<ref>[http://www.ironmountain.com/records/management/records-management-and-storage.html Iron Mountain Records Management]</ref><ref>[http://www.bizjournals.com/boston/stories/2002/05/20/daily2.html BizJournals]</ref>

We’re proud that our customers have put their trust with us. We safely store some of the world’s most valuable historical artifacts, cultural treasures, business documents and medical records. To properly protect and render this information, Iron Mountain employs almost 20,000 professionals and boasts an unrivaled infrastructure that includes more than 1,000 facilities, 10 data centers and 3,500 vehicles.

 

Iron Mountain recently celebrated its 60th birthday. For a look “inside the mountain” visit our scrapbook.

They have been growing and diversifying their business since going public in 1996, and have acquired more than 100 companies throughout their company's history.<ref>[http://www.networkcomputing.com/backup-recovery/consolidation-reshapes-online-backup-market.php?p=2 Network Computing Journal]</ref> In 2001, they invested $25 million in their digital archiving business.<ref>[http://www.bizjournals.com/boston/stories/2002/05/20/daily2.html BizJournals]</ref> A year later they acquired Connected Corp. for $117 million and began pushing into the online data backup market.<ref>[http://www.networkcomputing.com/backup-recovery/consolidation-reshapes-online-backup-market.php?p=2 Network Computing Journal]</ref> Much of Iron Mountain's growth has been overseen by former CEO [[Richard Reese]], who ran the company from 1981 until 2008; he was succeeded by [[Robert Brennan]].<ref>[http://www.forbes.com/2008/06/27/business-global-brennan-lead-cx_mk_0627qa.html Forbes]</ref> Brennan came to Iron Mountain via its acquisition of Connected Corp.

Richard Reese, Iron Mountain’s CEO and chairman, discusses the information management industry in this Q&A.

===The Original Mountain===

===The Original Mountain===

The company takes its name, and started its growth, from the original mine purchased by Herman Knaust in 1951. It is arguably one of the most secure sites in the country, evidenced by the fact that the U.S. government has chosen to keep many confidential files and other important physical items in its own special vaults in the mine. The mine is 3 miles long and 2 miles wide, 220 feet underground. The U.S. government is the largest client of Iron Mountain's original facility. 95% of the customers of the site demand that the company keep their identity and their records absolutely secret. They have never had a security breach. The mine notably houses documents from the U.S. patent office; the U.S. social security office; a Smithsonian Institute records collection; over 700,000 original vinyl audio recordings, such as Frank Sinatra's original single, and Michael Jackson's studio masters; physical evidence from flight 93, involved in the infamous terrorist attacks of September 11th; Bill Gates' company, Corbis, stores its collection of famous, historical photographs, the images are in a huge, moisture sealed vault with controlled temperature and humidity levels, and the most famous images are specially sealed and frozen to preserve them.

The company takes its name, and started its growth, from the original mine purchased by Herman Knaust in 1951. It is arguably one of the most secure sites in the country, evidenced by the fact that the U.S. government has chosen to keep many confidential files and other important physical items in its own special vaults in the mine. The mine is 3 miles long and 2 miles wide, 220 feet underground. The U.S. government is the largest client of Iron Mountain's original facility. 95% of the customers of the site demand that the company keep their identity and their records absolutely secret. They have never had a security breach. The mine notably houses documents from the U.S. patent office; the U.S. social security office; a Smithsonian Institute records collection; over 700,000 original vinyl audio recordings, such as Frank Sinatra's original single, and Michael Jackson's studio masters; physical evidence from flight 93, involved in the infamous terrorist attacks of September 11th; Bill Gates' company, Corbis, stores its collection of famous, historical photographs, the images are in a huge, moisture sealed vault with controlled temperature and humidity levels, and the most famous images are specially sealed and frozen to preserve them.