Equinix Named a Leader in 2022 IDC MarketScape Report for Canadian Datacentre Colocation and Interconnection Services

TORONTO, on., November 22, 2022 -- Equinix, Inc. (Nasdaq: EQIX), the world's digital infrastructure company™, today announced that Equinix has been named a Leader in the 2022 IDC MarketScape: Canadian Datacentre Colocation and Interconnection Services Vendor Assessment. With its expansion across Canada and rollout of digital infrastructure services, Equinix has been recognized for its national and global reach and its service offering innovation and strategy.

SOURCE: IDC MarketScape: Canadian Datacenter Colocation and Interconnection Services 2022 Vendor Assessment, November 2022, IDC #CA49811122

IDC MarketScape vendor analysis model is designed to provide an overview of the competitive fitness of ICT suppliers in a given market. The research methodology utilizes a rigorous scoring methodology based on both qualitative and quantitative criteria that results in a single graphical illustration of each vendor’s position within a given market. The Capabilities score measures vendor product, go-to-market and business execution in the short-term. The Strategy score measures alignment of vendor strategies with customer requirements in a 3-5-year timeframe. Vendor market share is represented by the size of the icons. IDC MarketScape and MarketScape graphic are protected by copyright IDC 2022

The IDC MarketScape assessment evaluated 11 vendors offering remotely hosted datacentre services to the broader Canadian market and is based on capabilities and strategy including product offering, funding, growth, innovation and interconnection strategies. According to the report, “Many Canadian organizations continue to expand their use and spending on colocation and interconnection services as datacentres have evolved to become critical elements of digital infrastructure.”

Highlights/Key Facts

• As a part of the research and analysis for the report, Equinix has been recognized for the following strengths:
  • Global and National Reach: The IDC MarketScape report cites that Equinix's strategy to create a digital infrastructure platform is well positioned to address current and future needs of many Canadian organizations. The IDC MarketScape notes that Equinix’s national and global reach and its service offering innovation is a key differentiator.
  • Innovative Offerings: The report notes that Equinix is continuing to invest in Canada by bringing up the acquired datacentres to its global standards, thereby extending its global digital, edge, interconnection, and datacentre operation service offerings to Canadian organizations. At the heart of its digital infrastructure services portfolio is software-defined interconnection via Equinix Fabric, which is available globally and across most Canadian metros, as well as innovative enterprise-oriented digital infrastructure services, such as Equinix Metal, Network Edge and Precision Time.
  • Sustainability: Equinix’s sustainability policies include 100% renewable energy coverage in Canada, setting clear ESG goals, and having a Green Finance Framework.
• Equinix is helping organizations accelerate their digital business transformation and addressing their digital infrastructure needs. According to the report, companies should consider Equinix when looking to distribute low-latency workloads across Canada and globally, using an interconnected, ecosystem-based digital platform.

Quotes

• Jason Bremner, Research Vice President, Industry and Business Solutions, IDC
  “Equinix has greatly expanded its footprint in Canada and is advancing its strategy by investing in its facilities and offerings. The company’s innovative datacentre, interconnection and digital services portfolio is enabling Canadian businesses to deliver digital infrastructure globally more quickly and seamlessly.”
• Andrew Eppich, Managing Director, Equinix Canada
  "We are thrilled to be named a Leader in the IDC MarketScape and remain committed to bringing the best of Equinix to Canadian businesses; as well as amplifying the best of Canada to the world. Canadian organizations continue to accelerate their digital transformation strategies to compete in Canada and on the world stage. As a leader, we are focused on empowering businesses to achieve their goals by offering innovative and sustainable solutions to compete today and meet their needs for tomorrow.”

Additional Resources

• IDC MarketScape: Canadian Datacentre Colocation and Interconnection Services Vendor Assessment – [analyst report]
• Equinix Named a Leader in 2021 IDC MarketScape Report for Worldwide Datacentre Colocation and Interconnection Services – [press release]
• Equinix expands its digital services to empower Canadian business from coast to coast – [press release]
• Global Interconnection Index Vol. 6: Ecosystem-Connected Businesses Expanded More in the Last 5 Quarters Than in the Past 5 Years – [press release]
• Equinix Canada: A Global Gateway to Advancing Digital Business – [blog]

About IDC MarketScape
About IDC MarketScape: IDC MarketScape vendor assessment model is designed to provide an overview of the competitive fitness of ICT (information and communications technology) suppliers in a given market. The research methodology utilizes a rigorous scoring methodology based on both qualitative and quantitative criteria that results in a single graphical illustration of each vendor's position within a given market. IDC MarketScape provides a clear framework in which the product and service offerings, capabilities and strategies, and current and future market success factors of IT and telecommunications vendors can be meaningfully compared. The framework also provides technology buyers with a 360-degree assessment of the strengths and weaknesses of current and prospective vendors.

About Equinix
Equinix (Nasdaq: EQIX) is the world’s digital infrastructure company™. Digital leaders harness Equinix’s trusted platform to bring together and interconnect foundational infrastructure at software speed. 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.