Iron Mountain Stock Will Benefit From The Dynamic Shift To Data Handling By AI/ML And Robotics

6/30/20

By Stella Mwende, SeekingAlpha

Navigating the challenge of COVID-19 has forced many companies to embrace remote access to data by adopting document management software. Iron Mountain Inc. (NYSE: IRM) recently announced the launch of the InSight content management services platform. This program uses artificial intelligence (AI) and machine learning (ML) operating on Visual User Interface on Google's (GOOG) Cloud Marketplace.

Thesis

Over the past three months, Iron Mountain's stock has risen by more than 9% as demand for digital data centers has soared due to the COVID-19 pandemic. The company's increasing acquisition of network ecosystems and the dynamic shift to data handling by AI/ML and robotics will also work to improve the stock price as countries seek to secure data after recent economic sabotage from the pandemic and protests.

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