Iron Mountain Incorporated (IRM) Sector
Real Estate

(Current) $116.30
0.70 (0.61%) Open Price: 116.51

 

Iron Mountain Incorporated is a leading information management services company that specializes in records storage, data management, and secure destruction. The company was founded in 1951 and has since grown into a global organization with operations in over 50 countries. Iron Mountain's services cater to a wide range of industries, including healthcare, financial services, government, and more.

 

Iron Mountain's primary business revolves around storing and managing physical and digital records for its clients. This includes the secure storage of paper documents, electronic files, backup tapes, and other forms of valuable information. The company operates a vast network of storage facilities equipped with advanced security systems, fire protection measures, and climate-controlled environments to ensure the preservation and safety of its clients' records.

 

In addition to records storage, Iron Mountain offers comprehensive data management solutions. This includes data backup and recovery services, as well as digital transformation services to help organizations transition from physical to digital records. The company also provides secure shredding and destruction services for sensitive documents and media, ensuring compliance with regulatory requirements and protecting against data breaches.

 

Iron Mountain went public in 1996, making its debut on the New York Stock Exchange (NYSE) under the ticker symbol "IRM." The decision to go public allowed the company to raise capital and expand its operations globally. As a publicly traded company, Iron Mountain is subject to financial reporting requirements and regulatory oversight, providing transparency to its shareholders and the investing public.

 

Over the years, Iron Mountain has expanded its portfolio of services to meet the evolving needs of its clients. The company has embraced digital technologies and offers advanced solutions for data management, including cloud services, information governance, and data analytics. Iron Mountain's comprehensive suite of services helps organizations optimize their information management processes, improve compliance, and mitigate risks associated with data loss or unauthorized access.

 

With a long history and global presence, Iron Mountain has established itself as a trusted partner for organizations seeking secure and reliable information management solutions. The company's commitment to protecting and preserving its clients' records, combined with its expertise in data management, positions it as a leader in the industry. Iron Mountain continues to innovate and adapt to the changing landscape of information management, providing organizations with the tools and support they need to navigate the digital age.

 



 

(11/19/24) $116.51
(11/21/24) $115.60
(11/21/24) (Qty.)638,400
(11/19/24) $114.63
(11/19/24) $116.73
(11/03/24) $112.11
(11/03/24) $125.88
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