Green datacentre start up Verne Global has launched its 100 per cent dual-sourced, renewable energy-powered data centre in Keflavik, Iceland - with initial customers including managed service providers, a major games company and a green cloud provider.
The company, which has installed a modular data centre from Colt in four months, was also given significant boost when Colt announced it was extending its European network into Iceland with a new Point-of-Presence (PoP) located at the Verne Global site.
The new PoP means that customers using the Verne Global site can expect data transmission standards that meet Colt's well established Europe-wide service level agreements.
Isaac Kato, Verne Global chief financial officer, said that many organisations could comfortably locate between 60 per cent and 80 per cent of their apps in Iceland-based datacentres, without latency impacting their business.
Iceland's geothermal and hydroelectric renewable energy sources allowed Verne Global to sign 20-year guaranteed cost energy contracts with Landsvirkjun, the state power company.
"We can offer a 60 per cent TCO reduction over London and 50 per cent over New York with greater cost visibility than you can get elsewhere," said Kato.
He estimated that Iceland also offered a 40 percent saving on typical UK datacentre sites outside the London region.
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