This is the Tagline, edited under "Misc Content"
Jul 17, 2023
SYDNEY, Australia – July 18, 2023 – A vast amount of the world’s largest and historical data collections sit idle and inaccessible on tape media because it was one of the cost-effective places organisations could store records since the 1970’s. With advancements in digital technologies, Perth-founded and headquartered technology company, Tape Ark, which specialises in tape to cloud migration, is liberating these data collections for organisations. Once liberated, Tape Ark’s customers can generate new knowledge and new revenue streams from multi-petabytes of historical data. With operations in the US, Europe and Asia-Pacific, Tape Ark has turned to Equinix, the world’s digital infrastructure company®, to advance its digital infrastructure to support the next phase of its expansion, improving the performance of its tape to cloud migration services and meeting local data sovereignty needs.
To migrate multi-petabyte data collections to the cloud where organisations can connect and analyse all their data (legacy and current) in real-time, requires a network-dense digital infrastructure with rich ecosystems in key locations that are adjacent to all major cloud service providers.
With a growing global footprint and a portfolio of tape migration services, Tape Ark has selected Platform Equinix® and its digital services to reduce latency and improve connectivity so its customers can virtualise their entire physical tape collection and preserve their backups in a secure, highly redundant and low-cost Virtual Tape Library.
With the rise in artificial intelligence (AI) and machine learning (ML) adoption, Tape Ark’s migration services are helping researchers and analysts in various industries perform more impactful studies, such as identifying major diseases based on medical records and discovering diverse trends in farming output to water and electricity consumption. In Europe, Tape Ark is currently moving over 300Pb of data to the cloud for a meteorology organisation to conduct weather modeling analysis.
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About Equinix
Equinix (Nasdaq: EQIX) is the world’s digital infrastructure company®, enabling digital leaders to harness a trusted platform to bring together and interconnect the foundational infrastructure that powers their success. Equinix enables today’s businesses to access all the right places, partners and possibilities they need to accelerate advantage. With Equinix, they can scale with agility, speed the launch of digital services, deliver world-class experiences and multiply their value.
About Tape Ark
Tape Ark is a technology company solely focused on migrating tape-based data to the cloud. The company saw an opportunity with the early emergence of cloud computing to drive an innovative approach to data storage and management, which would enable organizations to liberate their data from legacy media to the cloud en masse. As a result of Tape Ark’s groundbreaking technological approach, data sitting underutilized and inaccessible to modern cloud technologies in offsite storage warehouses can be liberated enabling organisations to efficiently store and gain instant access to their data, scale their IT operations and keep their data infrastructure up to date.
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, the challenges of acquiring, operating and constructing IBX 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; 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.
Media Contacts (Asia-Pacific)
Annie Ho
Equinix
+852 2970 7761
annho@ap.equinix.com
Media Contact (Australia)
Graham White
Pratar
+61 404 840 533
graham@pratar.com.au