ANZ

Equinix marks 20th anniversary with sound quarterly earnings, 2000+ APAC signups

Equinix has reached a key milestone as it celebrates 20 years of protecting, connecting and powering the digital world, flagging major highlights including “strong quarterly earnings” and its APAC customer base having reached 2,100 sign-ups.

Driven by its colocation and interconnection offering Platform Equinix, the firm has been able to allow its global customers to capitalize one the massive opportunities of the digital era and fuel digital business worldwide.

Equinix has continued to see strong demand for its global platform this year, posting its 62nd consecutive quarter of revenue growth in Q2 2018 announced. It classed the results as reflective of the critical role it serves in helping businesses interconnect their IT infrastructure and thrive in the digital economy.“

With a focus on addressing customer needs, empowering businesses to embrace digitalization, and interconnecting the global workplace, Equinix’s extensive presence and interconnection platform is creating a compelling value proposition for enterprises and cloud services providers,” said Frost & Sullivan director of digital transformat

Since its founding in 1998, Equinix has invested some US$22 billion and grown from seven to 200 International Business Exchange data centres spread across 52 global markets, with its revenues expected to reach over US$5 billion in 2018.

“This unprecedented level of growth would not have been achievable without its continued focus on enabling the growth of cloud and accelerating digital business,” said Equinix.

In Asia-Pacific, the company’s success has been fueled by expansions and acquisitions including Asia Tone in Hong Kong, and Bit-isle in Japan. Most recently, Equinix acquired Metronode in a US$804 million deal that made it the market leader in Australia with 15 IBX data centres nationwide.

These acquisitions, along with continued expansion of its IBX footprint across the region, have helped cement the Equinix business in the region. Its revenues in Asia-Pacific have more than doubled in the last five years, from US$363 million in 2013 to US$849 million in 2017, and it now has 40 data centres in 12 Asian metros.

Categories: ANZ, APAC, Data centers

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