This is the Tagline, edited under "Misc Content"
Feb 13, 2023
SYDNEY, Australia – February 14, 2023 – To support the ever-increasing demand for fully automated as-a-service infrastructure, Equinix Inc. (Nasdaq: EQIX), the world’s digital infrastructure company™, continues to expand its Equinix Metal™ hubs by making its distributed Bare Metal as a Service available in Melbourne and Osaka, joining existing markets across Asia-Pacific in Hong Kong, Seoul, Singapore, Sydney and Tokyo.
The appetite for market expansion remains strong despite a fluctuating business environment, including market uncertainty and supply chain disruptions. According to Equinix 2022 Global Tech Trends Survey, 72% of Australian businesses plan on expanding into new markets over the next 12 months. Further, almost half of the respondents (49%) said Melbourne is the most common market in Australia to have a presence in, or plans to expand within the next 12 months. A recent study by HSBC also found that 58% of Australian mid-market enterprises — firms with annual turnover of US$10 million to US$500 million — plan to expand offshore in 2023 and enter a new foreign market.1
As companies seek to enter new markets, they face challenges in committing to significant technology investment amid the uncertain economic environment. With Equinix Metal, businesses can support expansion while reducing exposure to unnecessary capex and labour costs. They can tap into Equinix’s digital infrastructure globally and leverage DevOps tools to deploy, maintain and scale their applications to create digital advantages through the world's largest interconnected technology ecosystem.
Guy Danskine, Managing Director, Equinix Australia, said: “The launch of Equinix Metal in Melbourne meets the growing need for private low-latency digital infrastructure. With on-demand and flexible interconnectivity now available in both Sydney and Melbourne, businesses can instantly access dedicated compute capacity at software speed, automating interconnection and the foundational network infrastructure they need to support the transformation of their digital infrastructure.”
Apart from business expansion, another practical application of Bare Metal as a Service is to enhance business resilience for companies. Equinix Metal removes the hardware challenges of physical infrastructure and companies no longer have to worry about building, configuring and running their IT environment. The ability to do all of that using software is a significant advantage and, for geo-redundancy, provides consistent infrastructure across locations.
Highlights / Key Facts
Additional Resources
About Equinix
Equinix (Nasdaq: EQIX) is the world's digital infrastructure companyTM, enabling digital leaders to harness a trusted platform to bring together and interconnect the foundational infrastructure that powers their success. Equinix enables organizations to access all the right places, partners and possibilities to scale with agility, speed the launch of digital services, deliver world-class experiences and multiply their value, while supporting their sustainability goals.
Forward-Looking Statements
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, risks to our business and operating results related to the COVID-19 pandemic; the current inflationary environment; foreign currency exchange rate fluctuations; increased costs to procure power and the general volatility in the global energy market; the challenges of acquiring, operating and constructing IBX® and xScale® data centers 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 centers; 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 and upcoming 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.
Equinix Media Contact (Asia-Pacific)
Annie Ho
Equinix
+852 2970-7761
annho@ap.equinix.com
PRATAR
Graham White
+61 404 840 533
graham@pratar.com.au