ECX Fabric Expansion in Seven New EMEA Markets Expands Global Interconnection Opportunities for Digital Businesses on Platform Equinix
LONDON – April 28, 2020 – Equinix, Inc. (Nasdaq: EQIX), the global interconnection and data centre company, today announced one of its largest expansions of Equinix Cloud Exchange Fabric™ (ECX Fabric™) in seven new EMEA markets to help global businesses simplify hybrid and multicloud infrastructures. With this expansion of Equinix’s industry-leading interconnection service to Barcelona, Brussels, Geneva, Istanbul, Lisbon and Sofia, and extending into Hamburg in Q2 2020, enterprises and service providers can seamlessly interconnect to a rich ecosystem of clouds, networks, partners and customers that matter most to their digital businesses.
As global IT decision-makers respond to an increasingly dynamic world including competitive pressures, growing customer demands, globalisation, and challenges posed by COVID-19, many are accelerating their digital transformation efforts and continuing to prioritise the adoption of hybrid and multicloud solutions. In response to this market shift, Equinix is extending its ECX Fabric service in EMEA to help digital businesses simplify hybrid multicloud deployments and expand their global interconnection opportunities on Platform Equinix®.
Designed to support enterprise digital transformation initiatives, ECX Fabric is a global interconnection service available in 45 strategic markets that allows businesses to exchange their data on demand, and between metros through private connections. This capability enables enterprises, network services and cloud providers alike to consistently scale their digital businesses just as rapidly as the digital economy requires it.
ECX Fabric provides scalability, agility and connectivity over a self-service portal or APIs. Through a single port, customers in any ECX Fabric-enabled market can create and manage on-demand connections in a globally consistent way. By extending ECX Fabric from Lisbon in the West to Istanbul in the East, Equinix is making it easier for digital businesses to increase their global reach by gaining broad access to the ecosystems they need for scaling their businesses globally.
“Platform Equinix’s global interconnection capabilities help Aryaka, the cloud-first WAN company, with our peering and cloud connectivity needs. This enables us to provide an industry-leading Managed SD-WAN service to our customers. Seeing the expansion across several European markets opens up more possibilities for the future growth of our platform.”
"The migration to digital platforms, as well as the requirement for seamless and efficient interconnection to network providers and cloud platforms, are strong drivers for the colocation and interconnection market for enterprises, content and service providers. Equinix’s ECX Fabric interconnection service offers additional enhanced and efficient options for service providers and enterprises alike and will continue to drive growth of the digital ecosystem. This expansion is timely given the increased demand for interconnection as a result of shifting network patterns and the spike in network usage from some segments, due to the impact of COVID-19 quarantine policies.”
“As global IT decision-makers respond to the challenges posed by COVID-19, many are accelerating their digital transformation efforts and transitioning more functions to the cloud. To help global businesses simplify their hybrid and multicloud deployments, Equinix is launching the largest expansion to date of our ECX Fabric service in Europe. By extending ECX Fabric from Lisbon in the West to Istanbul in the East, and offering a globally consistent interconnection service across each of our 45 ECX Fabric-enabled markets, we can help enterprises seamlessly connect to the clouds, networks, partners and rich ecosystems that matter most to their businesses.”
“Most of the organisations we work with around the world are already on a digital transformation journey, and are using the cloud to improve their global reach and seamlessly connect with the customers, partners and suppliers that matter to them. Indeed, in our latest global survey of IT decision-makers, nearly three-quarters (71%) said they plan to move more of their IT functions to the cloud. COVID-19 has accelerated this trend for some businesses that have had to rapidly virtualise their services to respond to the extremely fast-changing nature of business during this crisis. We believe our expansion of ECX Fabric will help them to not only successfully navigate the difficult months ahead, but come out the other side fit for the future and ready to seize the opportunities the cloud offers.”
“There is a significant worldwide shift to the cloud underway that is transforming how businesses operate. Our recent tech trends survey revealed 68% of IT decision-makers in the UK are planning to move more of their business-critical functions to the cloud, with 59% intending to do so in the next 12 months. It also identified a push for more multicloud deployments, with 36% of IT leaders saying the move to multicloud is a key aspect of their enterprise’s IT strategy. The expansion of ECX Fabric into these key metros will support this trend, offering flexibility and scalability to companies looking to expand their cloud adoption in a secure and cost-effective manner.”
Equinix, Inc. (Nasdaq: EQIX) connects the world's leading businesses to their customers, employees and partners inside the most-interconnected data centres. On this global platform for digital business, companies come together across more than 50 markets on five continents to reach everywhere, interconnect everyone and integrate everything they need to create their digital futures. www.equinix.com
This press release contains forward-looking statements that involve risks and uncertainties. Actual results may differ materially from expectations discussed in such forward-looking statements. Factors that might cause such differences include, but are not limited to, the challenges of acquiring, operating and constructing IBX data centres and developing, deploying and delivering Equinix products and solutions; unanticipated costs or difficulties relating to the integration of companies we have acquired or will acquire into Equinix; a failure to receive significant revenues from customers in recently built out or acquired data centres; a failure to complete any financing arrangements contemplated from time to time; competition from existing and new competitors; the ability to generate sufficient cash flow or otherwise obtain funds to repay new or outstanding indebtedness; the loss or decline in business from our key customers; risks related to our taxation as a REIT; and other risks described from time to time in Equinix filings with the Securities and Exchange Commission. In particular, see recent Equinix quarterly and annual reports filed with the Securities and Exchange Commission, copies of which are available upon request from Equinix. Equinix does not assume any obligation to update the forward-looking information contained in this press release.