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Oct 19, 2022
AMSTERDAM, Netherlands — October 19, 2022 — Current supply chain constraints and geopolitical and economic instabilities are not slowing the pace of digital infrastructure investment for the most connected companies, according to a new report. The latest Global Interconnection Index (GXI) 2023, an annual market study published by Equinix, found that the most ecosystem-connected businesses—those directly interconnecting with partners to provide their own digital services—have expanded their digital operations more in the past five quarters than in the previous five years. On average, organizations are connecting to three times as many business ecosystem partners and metros, consuming more than twice the amount of interconnection bandwidth.1
As businesses reinvent themselves in the aftermath of the global pandemic, ecosystem density has become a catalyst for digital innovation, which continues to fuel the growth of interconnection bandwidth. According to GXI 2023, global interconnection bandwidth is forecast to reach 27,762+ terabits per second (Tbps) by 2025, representing a five-year compound annual growth rate (CAGR) of 40%, equivalent to 110 zettabytes of data exchanged annually, or enough bandwidth to support over 50 million autonomous cars each exchanging over 2,000 terabytes (TB) of data per year. This forecasted growth shows how organizations are rethinking their business to implement future-proof infrastructure on technology platforms.
Amsterdam interconnection bandwidth is forecast to reach 962+ terabits per second (Tbps) by 2025, representing a five-year compound annual growth rate (CAGR) of 39%. EMEA digital infrastructure deployment is 20-30% larger than other regions, showing a current focus on hybrid deployments. Securities & Trading is the largest enterprise industry consumer of interconnection bandwidth in EMEA, due to add more bandwidth than service providers in Cloud & IT, Hyperscale, or Content & Digital Media services.
“In today’s dynamic setting, every business is becoming a digital provider, which requires a new type of digital infrastructure built sustainably around leveraging ecosystems to deliver seamless digital experiences. Those with a digital-first strategy in place, investing in a robust, future-looking business model and interconnecting to rich ecosystems, are prepared to scale, adapt and thrive,” said Steve Madden, Vice President of Digital Transformation & Segmentation at Equinix.
Additional Insights from GXI 2023
“It is pleasing to see that despite current supply chain constraints and geopolitical and economic instability, organizations are still finding opportunities to scale in a sustainable way. The fact the majority of IT decision-makers in the Netherlands are only willing to work with IT partners who can meet key carbon reduction targets, makes me hopeful for the future and proud to be part of a company that has sustainable growth as a top priority. We at Equinix are privileged to empower and help the leaders responsible for digital transformation on their path towards greater sustainability. It is encouraging Amsterdam is also establishing itself as an interconnection hub and showing significant growth in the Content & Digital Media sector, as well as in Cloud & IT, and Energy & Utility services,” said Michiel Eielts, Managing Director for Benelux at Equinix.
Industry Perspective on the Global Interconnection Index
Additional Resources
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.
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1 Interconnection bandwidth is the measure of private connectivity for the transfer of data between organizations.
2 Equinix 2022 Global Tech Trends Survey: The accelerated evolution of digital—a critical time for transformation