Data Storage Corp

NASDAQ DTST

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Data Storage Corp Research and Development (R&D) Expense Ratio 2 year CAGR for the year ending September 19, 2024

Data Storage Corp Research and Development (R&D) Expense Ratio 2 year CAGR is NA for the year ending September 19, 2024. The RD expense ratio measures the proportion of a company's research and development (R&D) expenses to its revenue. It is calculated by dividing the R&D expenses by the revenue. This ratio indicates the level of investment in R&D relative to the company's revenue generation. A higher ratio suggests a greater allocation of resources towards research and development activities, indicating a focus on innovation and potential future growth. CAGR, or the Compound Annual Growth Rate, quantifies the mean annual growth rate of an investment or financial metric over a specified time span, considering the influence of compounding. It is instrumental in determining the true annualized return on an investment.
NASDAQ: DTST

Data Storage Corp

CEO Mr. Charles M. Piluso
IPO Date Sept. 20, 2010
Location United States
Headquarters 48 South Service Road, Melville, NY, United States, 11747
Employees 51
Sector Technology
Industry Information technology services
Description

Data Storage Corporation provides data management and cloud solutions in the United States and internationally. It offers a suite of multi-cloud IT solutions, including cyber security solutions, which comprise ezSecurity, a security solution for endpoint security, system assessments, and risk analysis, as well as IBM system protection, including Ransomware defense. The company also provides data protection and recovery solutions, such as ezVault for offsite data protection; ezRecovery for fast data recovery; ezAvailability for real-time data replication with minimal recovery objectives; and ezMirror for data mirroring at the storage level. In addition, it offers cloud hosted production systems comprising ezHost, which delivers managed cloud services; and voice and data solutions, including Nexxis, which specializes in voice over internet protocol, internet access, and data transport solutions, which comprise dedicated internet services, SD-WAN options, and a cloud-based PBX solution. The company offers its solutions and services to businesses in healthcare, banking and finance, distribution services, manufacturing, construction, education, and government industries. Data Storage Corporation was founded in 2001 and is headquartered in Melville, New York.

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September 19, 2024

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