Infrastructure Investment will Support Large-Scale Deployments of EV Charging Stations Globally
Blink Charging Co. (NASDAQ: BLNK, BLNKW), Blink Charging announced the modernization of its cloud computing for its proprietary Blink Network connecting thousands of electric vehicle (EV) charging stations across the country. The company, founded in 2010, upgraded its network and operations to the Microsoft Azure cloud computing services to prepare for future needs as the EV industry continues to grow.
The transition to Azure provides Blink the scalability to add additional EV charging stations to its rapidly growing network of equipment both across the United States and globally. The upgrade will also allow the Blink Network to be expandable internationally and flawlessly execute the EV driver experience across the globe.
This investment in infrastructure improvements showcases the company’s focus on expanding its infrastructure in response to its rapid growth and deployments of EV charging stations.
The Microsoft Azure service provides Blink members, and users of its charging stations, reliable service with robust system monitoring, scalability regarding infrastructure and system integrations, and rigorous disaster recovery and business continuity redundancies. The Azure platform will ensure the Blink Network operates with maximum uptime making the EV charging stations also ready and able to support drivers across the country.
[bctt tweet="The Microsoft Azure service provides Blink members, and users of its charging stations, reliable service with robust system monitoring, scalability regarding infrastructure and system integrations, and rigorous disaster recovery and business continuity redundancies." via="no"]
“We are in a high growth stage and focused on implementing strategic initiatives that support our goal of becoming the leading owner and operator of EV charging equipment. This investment in infrastructure will provide the reliability, expandability, and scalability to achieve this goal,” shared Michael D. Farkas, Blink Chairman, and President.
Moving to the Azure environment has also allowed the company to create additional levels of security to the network through the system architecture strengthening it against cybersecurity threats.
Blink’s move to Microsoft Azure is aligned with global standards for a modern cloud computing platform. Globally, 90% of Fortune 500 companies are using Azure, providing the company the ability to build, manage, and deploy applications on a massive, global network.
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About Blink Charging Blink Charging Co. (NASDAQ: BLNK, BLNKW) is a leader in electric vehicle (EV) charging equipment and has deployed over 23,000 charging stations, many of which are networked EV charging stations, enabling EV drivers to easily charge at any of the Company’s charging locations worldwide. Blink Charging’s principal line of products and services include its Blink EV charging network (“Blink Network”), EV charging equipment and EV charging services. The Blink Network uses proprietary, cloud-based software that operates, maintains and tracks the EV charging stations connected to the network and the associated charging data. With global EV purchases forecasted to rise to 10 million by 2025 from approximately 2 million in 2019, the Company has established key strategic partnerships for rolling out adoption across numerous location types, including parking facilities, multifamily residences and condos, workplace locations, health care/medical facilities, schools and universities, airports, auto dealers, hotels, mixed-use municipal locations, parks and recreation areas, religious institutions, restaurants, retailers, stadiums, supermarkets, and transportation hubs. For more information, please visit https://blinkcharging.com/.
Forward-Looking Statements This press release contains forward-looking statements as defined in Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements, and terms such as “anticipate,” “expect,” “intend,” “may,” “will,” “should” or other comparable terms, involve risks and uncertainties because they relate to events and depend on circumstances that will occur in the future, such as future sales of our EV charging station products and services in the united states and in other countries. Those statements include statements regarding the intent, belief or current expectations of Blink and members of its management, as well as the assumptions on which such statements are based. Prospective investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, including those described in Blink’s periodic reports filed with the SEC, and that actual results may differ materially from those contemplated by such forward-looking statements. Except as required by federal securities law, Blink undertakes no obligation to update or revise forward-looking statements to reflect changed conditions.