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CyrusOne

Premier data center owner, developer, and operator for AI and hyperscale.

Updated April 2026

Overview

Founded
2001
Headquarters
Dallas, Texas, USA
Segment
Data Center Operators
Posture
Wholesale / Hyperscale Leasing

Product overview

CyrusOne is a leading data center provider headquartered in Dallas, Texas, operating over 60 facilities across North America, EMEA, and APAC. It specializes in build-to-suit, colocation, and hyperscale solutions supporting AI-driven applications and high-density deployments. The company focuses on sustainability, aiming for climate neutrality by 2030.

Revenue model

Colocation, build-to-suit, and hyperscale data center services.

Moat

  • Scale Advantages
  • Brand
  • First Mover
  • Regulatory Moat
  • Cost Advantages

CyrusOne's competitive moat stems primarily from its scale enabling low-cost maintenance of unoccupied space for customer growth, strong reputation creating high entry barriers, and leadership in sustainable innovations like liquid cooling (Intelliscale™) and carbon-neutral commitments, bolstered by massive financing ($9.7B-$14B) and strategic partnerships (e.g., E.ON for power/cooling). These advantages support AI-driven expansion, global presence across 60+ data centers, and top sustainability rankings (e.g., Gold by EcoVadis, top 8 in Data Centre Magazine 2025).

Headwinds

High capital requirements and long development cycles could limit ability to scale with rapidly growing AI infrastructure demand.