“Major advances in our ability to capture, store, retrieve, and analyze data are changing the way people and companies make decisions,” says Kyle Weaver, portfolio manager of Fidelity Select IT Services.

Fidelity, Boston-based, a company that predominantly offers financial services, also provide modular data centers. Read Fidelity’s press release: Investing in the cloud and Big data—big opportunities?. The new data center business is called Centercore.

The goal is to offer data centers with more efficiency and flexibility. Most of the components were manufactured off site and delivered to the data center location for quick assembly.

Fidelity is the third major corporation to enter the data center business this year.