Showing posts with label Equinix. Show all posts
Showing posts with label Equinix. Show all posts

Tuesday, September 18, 2018

Equinix: Interconnection bandwidth growth

Equinix is projecting that interconnection bandwidth will grow to 8,200+ Terabits per second (Tbps) of capacity by 2021, or the equivalent of 33 Zettabytes (ZB) of data exchange per year.

Equinix's newly issued Global Interconnection Index (GXI) forecasts a significant five-year compound annual growth rate (CAGR) of 48%, almost double the expected 26% CAGR of global IP Traffic as cited in Cisco's VNI report. The forecast also represents a dramatic increase over the previous year's projection.

Interconnection bandwidth is defined in this study as direct and private traffic exchange between key business partners.

"Significant macro, technology and regulatory trends are converging to form an unprecedented era of complexity and risk and forcing the integration of physical and digital worlds," said Sara Baack, Chief Marketing Officer for Equinix, Inc. "The second volume of the Global Interconnection Index has found that companies are solving their increasing digital requirements by directly connecting to key business partners through Interconnection, as traditional forms of connectivity do not meet the demanding requirements of today's businesses."



Some highlights

  • The United States is expected to see compound growth of 45% per annum, contributing more than 40% of Interconnection Bandwidth globally.
  • A growing number of regulations requiring data compliance is serving as a catalyst of growth for Europe, which is predicted to grow 48% per annum, contributing to 23% of Interconnection Bandwidth globally.
  • Asia-Pacific is anticipated to grow 51% per annum, contributing more than 27% of Interconnection Bandwidth globally.
  • Telecommunications will remain the largest industry user of interconnection bandwidth in 2021, representing 24% of the market.
  • Enterprises interconnecting to network providers will represent the largest volume (66%) of total interconnection bandwidth.
  • Emerging market dynamics and growing digital business adoption positions Latin America for expected 59% per annum growth, contributing more than 9% of Interconnection Bandwidth globally.
  • Enterprises interconnecting to cloud & IT services will represent the fastest growth (98%) in interconnection bandwidth.
  • The industries with the fastest Compound Annual Growth Rate (CAGR) of interconnection Bandwidth Consumption include: Energy & Utility (73% CAGR), Healthcare & Life Sciences (70% CAGR) and Wholesale & Retail Trade (67% CAGR).

https://www.equinix.com/global-interconnection-index-gxi-report/


Wednesday, September 12, 2018

Equinix appoints Charles Meyers as next CEO

Equinix has appointed Charles Meyers to the position of President and Chief Executive Officer, effective immediately, replacing Peter Van Camp, who has served as interim CEO since January 2018.  Van Camp will resume his role as Executive Chairman of the Equinix Board of Directors. Meyers will also join Equinix's Board of Directors.

Meyers joined Equinix in 2010 as President, Americas, the company's largest operating region. In 2013, he was appointed Chief Operating Officer at Equinix. For the past year, he has served as President of Strategy, Services and Innovation (SSI), where he oversaw product organization and led the technology, strategy and business development teams driving the company's next phase of growth and focusing on the future needs of customers and partners.

Wednesday, August 8, 2018

Equinix now has an 82% utilization rate across its global data centers

Equinix reported quarterly revenue of $1.262 billion, up 18% year-over-year or up 9% yoy on a normalized and constant currency basis. Net income amounted to $68 million and adjusted EBITDA was $604 million, with a 48% adjusted EBITDA margin.

Peter Van Camp, Executive Chairman and Interim CEO and President, Equinix: “Equinix delivered another strong quarter with record bookings across all three regions and virtually all key operating metrics showing solid momentum in our go-to-market engine and interconnection strategy. Our unique global platform of 200 data centers, and the customer ecosystems within them, remain at the heart of our strategy, as evidenced by strong cross-regional sales and healthy interconnection activity in Q2."

Some highlights for the quarter:

  • Interconnection revenue continued to outpace colocation revenue, reflecting the rapid adoption of hybrid, multicloud as the preferred IT deployment model
  • Cross connects between customers increased to more than 288,000
  • The Equinix Cloud Exchange Fabric platform now serves more than 1,200 customers. 
  • Completed expansions in the Amsterdam, Denver and London metros
  • Achieved a utilization rate of 82% across the platform
  • There is an active pipeline of 32 expansion projects currently underway, including a partnership with Omantel
  • Key customer wins and expansions included China Mobile, Lithia Motors and Tencent
  • Customer deployments across multiple metros increased to 85% of total recurring revenue.

Wednesday, July 11, 2018

Equinix to build data center in Oman

Equinix and Oman Telecommunications Company (Omantel) announced a joint venture to deliver data center and interconnection services to customers in the Middle East through the development of a new network-dense data center that will be located in Barka, near Muscat, the capital of Oman. Equinix and Omantel will both fund equity contributions in an amount of US$10 million for the joint venture representing a 50% shareholding each, and additional funds will be raised through debt financing assumed by the joint venture company.

Equinix said its planned IBX data center in Oman will benefit from connectivity to strategic cable landing stations (CLS) and subsea cable systems that terminate directly inside the facility.

Equinix will operate the new IBX data center, which will include 18,600 square feet of colocation space and approximately 750 cabinets at full build. The first phase of the three-phase build will include 250 cabinets and is expected to be completed and open for business by Q2 2019.

Sunday, June 17, 2018

Equinix to host Vocus Australia Singapore Cable POP in its data centers

The new subsea cable system offers additional points of presence to address rising interconnection demand between Australia and Southeast Asia

Equinix will host the Vocus-owned Australia Singapore Cable (ASC) in its International Business ExchangeTM (IBX) data centers in Singapore and across six metros in Australia, including the Cable Landing Station (CLS) in Perth and points of presence (PoP) in Sydney and Melbourne already announced.

The ASC is a 4,600-kilometer subsea cable that will connect Singapore and Australia and is expected to be completed and operational by Q1 FY19. The new pathway from Western Australia to Southeast Asia, and additional capacity, will also serve to boost the strength of Australia's internet landscape.
The Equinix points of presence will provide the ASC cable will onward connecting to more than 155 networks across the region.

Equinix noted that it is currently engaged with multiple submarine cable projects, including: SSCN (California - Sydney); AEConnect-1 (New York - London); Hibernia Express (New York - London); C-Lion1 (Germany - Finland); Trident (Australia - Indonesia - Singapore); Globenet (Florida - Brazil); Asia Pacific Gateway (China - Hong Kong - Japan - South Korea - Malaysia - Taiwan - Thailand - Vietnam - Singapore); Hawaiki Cable (U.S. – Australia – New Zealand); Gulf Bridge International Cable System (Middle East - Europe); FASTER (U.S. West Coast - Japan); Seabras-1 (New York - Sao Paulo); Monet (Florida - Brazil), Eastern Light (Nordic region), MAREA (U.S. East Coast – Spain), BRUSA (U.S. East Coast – Brazil) and ASC (Australia – Singapore).

"We are delighted that Equinix is expanding the reach and availability of the ASC cable by connecting it directly into nine of their sites across Australia and Singapore.  The Vocus terrestrial network has vast reach throughout Australia, New Zealand and now into Asia.  Combining the extensive interconnection ecosystems in Equinix, with the far-reaching Vocus network, we will provide customers with easy and low-cost access to all of their partners from Singapore to major metropolitan cities in Australia," stated Michael Simmons, Interim CEO of Vocus.

Wednesday, May 9, 2018

Equinix and Telxius collaborate on cable landing station architecture

Equinix and Telxius, Telefónica's infrastructure subsidiary, are collaborating on U.S. facilities and services for the next-generation cable landing station architecture for the MAREA and BRUSA cable systems, both of which terminate at a cable landing station in Virginia Beach, Virginia.

The next-generation cable landing station architecture will extend the backhaul capacity into Equinix DC2 International Business Exchange (IBX) data center, simplifying network design and providing access to a dense, rich ecosystem of networks, clouds and IT service providers. Equinix customers will have direct access to the MAREA and BRUSA cable systems via a simple cross connect from any IBX data center.

The 6,600 km MAREA subsea cable, which was jointly funded by Microsoft and Facebook, is the highest capacity subsea cable system built across the Atlantic, consisting of eight fiber pairs with an initial estimated design capacity of 160 Tbps. Telxius is responsible for the operation of the cable and leverages its IP, capacity, colocation and security services through it.

Telxius is also building BRUSA, a new subsea cable spanning 10,900 km linking Rio de Janeiro and Fortaleza, Brazil, with San Juan, Puerto Rico, and Virginia Beach, VA. BRUSA, which is slated for completion by mid-2018, also features eight fiber pairs. 

Telxius has points of presence (PoPs) in more than 20 Equinix IBX data centers around the globe to support the Telxius network, including DC2 and DC6; MI1 and MI2; SP1, SP2, SP3 and SP4; RJ1 and RJ2 at which the MAREA and BRUSA cable systems terminate.

"We're partnering on new cable landing station projects that give our customers improved access to the expanding global subsea cable network. With this next-generation cable landing station design, the cables extend directly to an Equinix IBX data center. That means any user of a subsea cable system that lands inside one of our Equinix global data center termination points has instant, low-latency access to a host of vibrant industry ecosystems inside Equinix, and that's a huge advantage," stated Jim Poole, Vice President, Business Development, Equinix.

"This new cable landing station design effectively connects the data center and submarine communications worlds and opens the door to faster growth in bandwidth rates for our customers. This cutting-edge architecture leverages the ultra-high capacity of BRUSA and MAREA, two of the highest capacity cables ever built. It has been developed to fully address the needs of our customers in terms of both capacity and efficiency," stated Rafael Arranz, Chief Operations Officer, Telxius Cable Business

Telefónica's Telxius infrastructure arm expands its global reach


Telxius, Telefónica's infrastructure arm, was established in February 2016. It owns and operates a portfolio comprising nearly 16,300 telecom towers in five countries and manages an international network with around 65,000 km of submarine optical cable, including around 31,000 km owned by Telxius. The Telxius-owned network includes SAM-1 linking the U.S., Central and South America, PCCS (Pacific Caribbean Cable System) and Unisur, which connects...


Wednesday, May 2, 2018

Equinix revenues up 28% yoy

Equinix's quarterly revenues increased 28% year-over-year to $1.216 billion; a 10% year-over-year increase on a normalized and constant currency basis.

Peter Van Camp, Executive Chairman and Interim CEO and President, Equinix, stated: "As Equinix approaches its 20th anniversary, we are excited to post our 61st quarter of consecutive revenue growth, which is reflective of the critical role we serve in helping businesses interconnect their IT infrastructure to succeed in the digital economy. Equinix currently serves nearly half of the Fortune 500 and our recent acquisitions, combined with our currently announced organic expansions, have positioned Equinix to capture an even greater share of the market opportunity."

Wednesday, April 18, 2018

Equinix acquires Metronode data centers in Australia

Equinix completed its previously announced acquisition of Metronode, an Australian data center operator, for A$1.035 billion (US$792 million) in cash.  Metronode was owned by the Ontario Teachers’ Pension Plan since December 2016.

Metronode operates two data centers in Melbourne, three in greater Sydney (including one in Illawarra), two in Perth, and one in each of Canberra, Adelaide and Brisbane. The acquired Metronode sites add approximately 20,000 square meters of gross colocation space to the Equinix footprint. Metronode also brings more than 80,000 square meters of land, 90 percent of which is owned.

In Melbourne and in Sydney, the Metronode data centers will provide a diverse, second campus for Equinix's existing properties. Both of these Metronode campuses are described as "hyperscale ready".

In Perth, Metronode's data center will house the landing station for the new Vocus Australia Singapore Cable. Equinix's existing data center in Sydney also houses the landing station for subsea cables.

Metronode generated approximately A$60 million, or approximately US$46 million, of revenues in the 12 months ending September 30, 2017, with a margin profile accretive to the Equinix Asia-Pacific business.

The Equinix footprint in the Asia-Pacific region now includes 40 data centers and extends the company's global footprint to 200 data centers across 52 markets.

Wednesday, March 7, 2018

Dropbox expands global private network, taps Equinix Cloud Exchange

Dropbox is expanding its global private network by offering its global collaboration platform on the Equinix Cloud Exchange Fabric.

Dropbox is also launching six new points of presence across North America and Europe that will improve performance and reliability for users globally.

The new PoPs will include Atlanta, Denver, Berlin, Toronto, Stockholm, and Oslo.By the end of the year, the company plans to have an infrastructure footprint that spans 29 facilities in 12 countries on four continents including North America, Europe, Asia and Australia.

“By rolling out network infrastructure across the globe over the last two years, we’ve improved performance and reliability for all of our users by allowing them to get more direct access to our data centers,” said Akhil Gupta, Vice President of Infrastructure, Dropbox. “The enhancements that we’re announcing today will extend these benefits to even more users around the world.”


Wednesday, February 14, 2018

Equinix to acquire iconic Infomart Dallas colo data center for $800m

Equinix has agreed to acquire the Infomart Dallas data center, including its operations and tenants, from ASB Real Estate Investments for $800 million.

The iconic Infomart building, which is located at 1950 N. Stemmons Freeway in Dallas, is one of the largest interconnection hubs in the U.S. and one of the largest buildings in Texas at 1.6 million square feet (147,094.2 m2) over 7 floors.Infomart is currently home to four of eight Equinix Dallas International Business Exchange (IBX) data centers (DA1, DA2, DA3 and DA6), which combined, support approximately 3,500 built out cabinets.

Equinix said the transaction increases the number of its owned assets by four, increasing recurring revenue from owned assets to more than 45 percent. The facility offers multiple, diverse fiber entry points, and provides significant expansion opportunities to Equinix through the existing underdeveloped capacity (approximately 11MW of power), as well as the potential to develop additional capacity (approximately 40MW of power) on land adjacent to the Infomart building. It currently has approximately 45 tenants, including networks, colocation providers, office tenants and Equinix. Today, Equinix is the largest tenant accounting for approximately 40 percent of the lease revenues from the facilities




Equinix hits 2017 sales grow rate of 21%

Equinix reported Q4 2017 revenue of $1.200 billion, up 27% over the same period last year. Full-year 2017 revenues amounted to $4.368 billion, a 21% increase over the previous year, including $359 million of revenues from the acquisition of 29 Verizon data centers. Net income for the full year was $233 million.

"In addition to strong financial performance, Equinix achieved a number of significant milestones around interconnection, innovation and acquisitions in 2017 that add even more value to our role as a strategic partner to companies in the execution of their digital business strategies. As we approach our 20th anniversary and reflect on what we've built, we believe our platform will become even more important for our customers in the years to come. We have a clear vision of our strategy and the opportunities ahead, and we are looking forward to another successful year," stated Peter Van Camp, Executive Chairman and Interim CEO and President, Equinix.

In its quarterly update, Equinix also announced new expansions in the Culpeper, Houston, London, Paris, São Paulo, Silicon Valley, Sofia and Washington, D.C. metros totaling more than $500 million of capital expenditures.

Some additional highlights:


  • 2017 CAPEX was $1.379 billion, up 21% yoy
  • Total crossconnects at the end of Q4 were 277,800, up 21% yoy





Friday, January 26, 2018

Equinix's CEO Steve Smith resigns due to poor judgement with employee

Steve Smith has resigned as CEO of Equinix. The company cited "poor judgment with respect to an employee matter."

Peter Van Camp, who is executive chairman of the Equinix Board of Directors and who served as CEO of Equinix for seven years (2000 to 2007), will take up the post as interim CEO until a replacement is found.

"The Board gave this matter the deepest consideration and recognizes the many contributions Steve made over the past eleven years to achieve the global scale, reach and market leadership the company enjoys today. He has worked hard to grow and sustain the business, and we greatly appreciate his efforts," said Van Camp. "I also want to emphasize that this action was not related to the company's operational performance or financial condition, both of which remain strong. The Board and leadership team remain fully committed to the strategy."

Sunday, December 17, 2017

Equinix acquires Australian data centers from Metronode for US$792M

Equinix agreed to acquire Metronode, an Australian data center operator, for A$1.035 billion (US$792 million) in cash.  Metronode has been fully owned by the Ontario Teachers’ Pension Plan since December 2016.

Metronode operates two data centers in Melbourne, three in greater Sydney (including one in Illawarra), two in Perth, and one in each of Canberra, Adelaide and Brisbane. The acquired Metronode sites add approximately 20,000 square meters of gross colocation space to the Equinix footprint. Metronode also brings more than 80,000 square meters of land, 90 percent of which is owned.

In Melbourne and in Sydney, the Metronode data centers will provide a diverse, second campus for Equinix's existing properties. Both of these Metronode campuses are described as "hyperscale ready".

In Perth, Metronode's data center will house the landing station for the new Vocus Australia Singapore Cable. Equinix's existing data center in Sydney also houses the landing station for subsea cables.

Metronode generated approximately A$60 million, or approximately US$46 million, of revenues in the 12 months ending September 30, 2017, with a margin profile accretive to the Equinix Asia-Pacific business.

Equinix said the deal expands its leadership position to connect some of Australia’s largest corporations, government agencies, telecommunication, high-growth global cloud service providers and IT service providers.

The acquisition also continues Equinix’s global expansion strategy, including recent acquisitions and new construction in Washington, D.C., Silicon Valley, Singapore, Hong Kong, Amsterdam, Frankfurt, São Paulo, and other markets.

When the deal closes in mid-2018, Equinix will have 40 data centers in Asia-Pacific and 200 data centers worldwide.

Metronode claims 100% uptime across all its 10 data centers since it began operations in 2002.

Monday, December 4, 2017

Equinix Cloud Exchange Fabric delivers inter-metro connectivity between parties

Equinix announced the direct physical and virtual connection of its International Business Exchange (IBX) data centers around the world, enabling customers to connect on demand to any other customer from any Equinix location.

The new inter-metro connectivity will be delivered through the Equinix Cloud Exchange Fabric (ECX Fabric), which was previously called the Equinix Cloud Exchange (ECX). The idea is to use the SDN capabilities in the exchange to enable any customer to dynamically connect its own infrastructure across Equinix locations or connect to any other customer on the Equinix global platform, regardless of location.

Equinix said these new capabilities enable any customer to more efficiently interconnect and request connections to any of the more than 1,000 participants including some of the world's largest enterprises, cloud service providers (Alibaba Cloud, Amazon Web Services, Google Cloud Platform, IBM Cloud, Microsoft Azure and Oracle Cloud) and SaaS providers (including Salesforce, SAP and ServiceNow, among others).

The new ECX Fabric capabilities are immediately available in all ECX locations in North America and the EMEA region, including Amsterdam, Atlanta, Chicago, Dallas, Dublin, Frankfurt, London, Los Angeles, Manchester, New York, Paris, Seattle, Silicon Valley, Stockholm, Toronto, Washington, D.C. and Zurich.

In Q4 2017 and early 2018, ECX Fabric is rolling out to seven new metros in the Americas and EMEA regions (Denver, Düsseldorf, Geneva, Helsinki, Miami, Milan and Munich). Equinix will extend connectivity to São Paulo within the Americas region, and between APAC region ECX Fabric metro locations (Hong Kong, Melbourne, Osaka, Singapore, Sydney and Tokyo), in 2018.

John Nishimoto, Vice President of Product Management and Marketing, Windstream, stated: "The integration of the Equinix global platform expands Windstream's addressable footprint, increasing the availability of high-transport solutions—including our recently launched Software Defined Network Orchestrated Waves (SDNow)—for our customers. Equinix has a robust aggregation of enterprise businesses, cloud service providers and traditional network operators, all of whom are customers of Windstream's Cloud & Connectivity business unit. We look forward to participating in this fully integrated global platform."

Separately, Equinix announced the expansion of its Internet Exchange into nine new metros in the EMEA and Americas regions in Q4 2017 and early 2018, including Amsterdam, Denver, Dublin, Frankfurt, Houston, London, Manchester, Milan and Stockholm.

In addition, Equinix announced that it intends to offer, subject to market and other conditions, €1.0 billion in aggregate principal amount of its senior notes due 2028.

Wednesday, November 1, 2017

Equinix cites wins from Alibaba, Baidu, Blade, Charter, Netflix

Equinix reported quarterly revenue $1,152 million, up 25% year over year (10% yoy on a normalized and constant currency basis), and up 8% over the previous quarter. The figure includes $137 million of revenues from the acquisition of 29 Verizon data centers. Net income was $80 million.

Some highlights:

  • Record number of new wins across every vertical in Q3, 
  • 10 new Fortune 500 wins from the enterprise and financial services verticals
  • The network vertical achieved record bookings with expansions from Charter Communications, and with continued momentum within the subsea space from Seaborn Networks and Aqua Comms.
  • Interconnection revenues in Q3 grew 31% yoy and 17% year-over-year on a normalized and constant currency basis, significantly outpacing colocation revenues and reflecting the movement towards Interconnection Oriented Architecture.
  • Cross-connects between customers increased to more than 248,000, and the Equinix Cloud Exchange platform now serves more than 950 customers.
  • Key customer wins and expansions included Alibaba.com, Baidu, Blade, Charter Communications, Netflix, Priceline.com, Oracle, Salesforce.com, SAP, Tencent and Walmart

Wednesday, October 11, 2017

Equinix acquires 5 data centres in Spain and Portugal

Equinix has acquired five data centers in total in Madrid, Barcelona, Seville and Lisbon from Itconic, a leading data center, connectivity and cloud infrastructure solutions provider in Spain and Portugal.  The all-cash deal was valued at €215M (approximately US$259M).

The five data centres together add approximately 322,000 gross square feet to the Equinix International Business Exchange (IBX) portfolio. Itconic generated approximately €55.5M or approximately US$66.8M of revenues for the period Q2 2017 annualized. Approximately 250 employees will transfer to the Equinix team.

Equinix acquires data centre in Istanbul for $93 million

Equinix has acquired the Zenium data center business in Istanbul from its existing shareholders in an all-cash transaction for US$93 million.

The Zenium data center currently generates approximately US$2.5 million of annualized revenues. The facility, which will be renamed Equinix IS2, currently offers 1,500 square meters of colocation space today with the ability to increase this to 12,000 square meters and up to 22MW of critical customer load at full build.

According to the Global Interconnection Index, which measures and forecasts the growth of Interconnection Bandwidth, Europe is expected to grow 44% per annum to reach 1451 Tbps of installed capacity by 2020. Europe's growth will be driven by a number of factors, including data sovereignty and the need for European businesses to exchange information with other businesses in-region.

Monday, September 18, 2017

Equinix opens another Silicon Valley data center - its 13th

Equinix inaugurated its thirteenth International Business Exchange (IBX) data center in Silicon Valley.

The new $122M facility, named SV10, is located at Equinix's Great Oaks campus in San Jose, which also hosts its SV1 and SV5 data centers. The initial phase of SV10 will add 37,000+ square feet (3,400+ square meters) of colocation space, enough for 930 cabinets. Two additional expansion phases are planned, which will bring the SV10 facility to a total capacity of 2,820 cabinets.

Equinix noted that its Silicon Valley sites now host more than 125 service providers, along with cloud services such as AWS, Microsoft Azure, Google Cloud Platform, Oracle Cloud and others through the Equinix Cloud Exchange.

Sunday, August 20, 2017

Private Interconnection bandwidth is growing at a 45% CAGR

In reading the Q2 financial reports of leading global carrier, cloud companies, semiconductor fabricators and network equipment vendors, one might be tempted to think that we are in a period of single-digit growth overall, except for certain hot areas, like the public cloud or AI-enhanced anything. On a financial level, this might be the case but in terms of network traffic the industry is still booming.

Cisco’s 2017 Visual Networking Index (VNI), which is widely seen as a leading source for tracking network usage, recently predicted that global IP traffic will increase three-fold from 2016 – 2021, reaching an annual run rate of 3.3 zettabytes by 2021, up from 1.2 zettabytes in 2016, representing a compound annual growth rate (CAGR) or 24%. A year earlier, the same study predicted that global IP traffic would grow at a CAGR of 22% over the 2015-2020 period as more than a billion new Internet users come online and new applications take hold.

Whether a 24% or 22% CAGR, it’s clear from the Cisco study that significant growth continues – and perhaps is even accelerating – in overall Internet traffic. Equinix, the world’s leading co-location data centre operator, is now predicting that Interconnection Bandwidth will grow at a 35% CAGR – notably faster than Internet traffic as a whole. Specifically, the first release of the Equinix Global Interconnection Index, predicts that by 2020 Interconnection Bandwidth between private enterprises will grow to over 5,000 Tbps, a fourfold increase from 2016 with double-digit growth across all industries and use cases.

Defining Interconnection Bandwidth

Equinix defines Interconnection Bandwidth as the total capacity provisioned privately to directly exchange traffic with other parties at distributed IT exchange points. In practical terms, this means cross-connects in a colocation or Internet exchange facility, or private connections between companies either over a private-line provisioned by a carrier or dark fiber.

Equinix, which operates a fleet of 182 co-location data centres in 44 markets worldwide, is in a prime position to measure interconnection bandwidth given its long list of Fortune 1000 clients. Its Global Interconnection Index summarizes data from its own operations as well as from other carrier-neutral colocation data center providers.

For Service Providers specializing in enterprise networking, the study provides food for thought. While interconnection bandwidth is predicted to have a 35% CAGR, the predicted growth for MPLS is only 4%. If Equinix is correct, companies in 2020 will be using private interconnections for exchanging much of their data rather than asking the MPLS provider to provision spurs to their partners.

Key trends at Equinix In its Q2 financial report, Equinix posted quarterly revenues of $1,066 million, up 18% year-over-year and up 11% year-over-year on a normalized and constant currency basis. Operating revenues were $185 million, an 11% increase over the previous quarter.

During Q2, Equinix completed its acquisition of Verizon’s 29 data centers. The transaction, which was valued at $3.6 billion in cash, included over 1,000 customers, of which over 600 were new to Equinix, and approximately three million gross square feet of data center space. The 29 data centers are located across 15 cities in North and Latin America, three markets of which are new to Equinix (Bogota, Culpepper and Houston). This brought Equinix's total global footprint to approximately 17 million gross square feet.

Significantly, Equinix boasts that it now serves 42% of the Fortune 500 and 30% of the Global 2000. Furthermore, Equinix said its interconnection revenues in Q2 grew 24% year-over-year and 17% year-over-year on a normalized and constant currency basis, significantly outpacing colocation revenues. Cross-connects between customers increased to over 242,000. The Equinix Cloud Exchange continues to expand with connections into AWS, Microsoft Azure and Salesforce from new markets.

Some highlights of the Equinix Global Interconnection Index

Regional trends 



Use cases



By industry




Download the full Equinix Global Interconnection Index here:
http://www.equinix.com/resources/whitepapers/global-interconnection-index/

See Converge Digest 2-minute video with Equinix’s Tony Bishop
https://youtu.be/QKx8jWAfE64



Thursday, August 17, 2017

Equinix to install 37 MW of Bloom Energy fuel cells

Equinix will deploy Bloom Energy fuel cells at 12 International Business Exchange (IBX) data centers in the U.S.  The installation is provided under a 15-year Power Purchase Agreement (PPA) between a subsidiary of Southern Company and Equinix.

The project will provide a total capacity of more than 37 megawatts of power with a phased installation that begins in late 2017 through 2019. Equinix said the new fuel cells will be installed at seven of its data centers in the Silicon Valley (SV1, SV2, SV3, SV4, SV5, SV6, SV10), three in the New York area (NY2, NY4, NY5) and two in the Los Angeles area (LA3, LA4).  It builds on the pilot program at Equinix's Silicon Valley SV5 IBX data center that began in 2015.

"As Equinix data centers, and the interconnection they facilitate, become increasingly critical to the infrastructure of our digital world, this fuel cell expansion is one step in lessening the overall impact of the digital economy on the planet. It enables us to serve our customers with the highest levels of performance while assisting their efforts to make their supply chain clean and efficient," stated Karl Strohmeyer, President, Americas, Equinix.

http://www.equinix.com/

See also