Iron Mountain

Iron Mountain (NYSE: IRM) operates as a real estate investment trust (REIT) specializing in information management, storage solutions and data center infrastructure. The company maintains over 85 million square feet of real estate across more than 50 countries, serving approximately 225,000 organizations worldwide.

The business spans several core segments. Its records and information management division handles physical document storage, secure shredding and retrieval services. The data center segment operates colocation and hyperscale facilities that house enterprise IT infrastructure. Iron Mountain also provides digital transformation services including document scanning, intelligent automation and content management platforms that help organizations convert physical archives into searchable digital formats.

As a REIT, Iron Mountain generates revenue primarily through recurring storage rental fees and service charges. The company's data center expansion represents a significant growth vector, with facilities designed to meet rising demand for cloud computing, artificial intelligence workloads and enterprise data storage. Iron Mountain also operates an asset lifecycle management business that handles secure IT asset disposition, including data destruction and electronics recycling across its global footprint.