Home Data Centres Equinix reports doubling of Asia Pacific revenues over 5 years
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Global data centre operator Equinix has more than doubled revenues in the Asia Pacific region, including Australia, over the past five years, as revenues in the region climbed from US$363 million in 2013 to US$849 million in 2017, according to the company’s latest financial report.

Announcing results for the second quarter 2018, the US-based company says its success in the Asia Pacific region has been fuelled by expansions and acquisitions, including its purchase of Asia Tone in Hong Kong and Bit-isle in Japan – and most recently, its US$804 million acquisition of Metronode in Australia.

Equinix claims market-leadership in the data centre market in Australia on the back of the Metronode deal and says the APAC acquisitions, along with continued expansion of its IBX footprint across the region, have helped cement its regional business.

The data centre operator says it now has 40 data centres in 12 Asian metros.

Samuel Lee, president, Asia-Pacific, Equinix, says, “With our continued expanding global footprint and innovations, we are confident that customers in the region will continue to have the resources to succeed. With Equinix they can reach everywhere, interconnect everyone and integrate everything they need to create their digital futures.”

The good showing in the Asia Pacific market comes as Equinix celebrates 20 years of operations globally, and says it continues to see strong demand for its global platform this year, posting its 62nd consecutive quarter of revenue growth.

Equinix, which says it expects global revenues to reach more than US$5 billion in 2018, attributed its performance to “enabling the growth of cloud and accelerating digital business”.

Lee said: “Despite our tremendous success over the past two decades, we are not going to stop. Equinix has protected, connected and powered the digital world from its beginnings. Our global interconnection platform has played a pivotal role in the growth of every stage of the digital economy.

“With our continued expanding global footprint and innovations, we are confident that customers in the region will continue to have the resources to succeed. With Equinix they can reach everywhere, interconnect everyone and integrate everything they need to create their digital futures.”

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Peter Dinham

Peter Dinham is a co-founder of iTWire and a 35-year veteran journalist and corporate communications consultant. He has worked as a journalist in all forms of media – newspapers/magazines, radio, television, press agency and now, online – including with the Canberra Times, The Examiner (Tasmania), the ABC and AAP-Reuters. As a freelance journalist he also had articles published in Australian and overseas magazines. He worked in the corporate communications/public relations sector, in-house with an airline, and as a senior executive in Australia of the world’s largest communications consultancy, Burson-Marsteller. He also ran his own communications consultancy and was a co-founder in Australia of the global photographic agency, the Image Bank (now Getty Images).

 

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