SINGAPORE, Dec. 11, 2017 /PRNewswire/ -- Equinix, Inc.
(Nasdaq: EQIX), the global interconnection and data center company,
today announced that leading Chinese software and internet service
company, Kingsoft Cloud Holdings Limited (Kingsoft Cloud), has
selected Equinix International Business Exchange™ (IBX®)
data center in Singapore to expand
into Southeast Asia.
According to the Global Mobile Consumer Survey1,
published by Deloitte, mobile application usage such as social
networking, messaging and gaming is increasingly popular within
Southeast Asia. By strategically
deploying its network into Equinix Singapore's carrier-neutral
internet hub—Asia-Pacific's network hub—Kingsoft Cloud is able to
bring an improved connectivity infrastructure closer to
Southeast Asia users for an
enhanced mobile application performance experience.
Highlights/Key Facts:
- Offering cloud-based hosting, storage and database services,
Kingsoft Cloud is the main cloud service provider in mainland
China to Chinese smartphone maker
Xiaomi. It provides a bulk of the cloud storage on Xiaomi's
operating system that has helped the company serve its rapidly
growing customer base both in China and in the world.
- With the increasing mobile adoption and usage in the
Southeast Asia region, Kingsoft
Cloud has selected Equinix's Singapore facilities to reduce network costs
and enhance user experience by bringing its cloud infrastructure
closer to users in the region and interconnecting with multiple
Internet Service Providers.
- The Equinix data center campus in Singapore is the most network-dense across the
Asia-Pacific region, housing many
of the international and regional networks connecting South Asia. Together with a wide portfolio of
interconnection solutions, the campus offers a private, secure and
highly reliable environment for internet servers and
telecommunication equipment, essential for the continuous
operations of applications and business operations.
- Kingsoft Cloud's move to expand in Southeast Asia is in line with the forecast of
the Global Interconnection Index, published by Equinix. The Index
anticipates more than fourfold growth in Asia-Pacific's Interconnection Bandwidth,
reaching 1,120 Tbps by 2020, with cloud and IT services alone
expected to increase at a Compound Annual Growth Rate (CAGR) of 42
per cent.
Quotes
- XiGang Cao, Partner, Kingsoft
Cloud:
"We are excited to be working with Equinix to
bring about improved mobile application performance to customers in
Southeast Asia. Singapore is Asia-Pacific's network hub with Equinix
data centers in Singapore housing
many of the international and regional networks connecting the
region. With a central position that has access to key global
financial nations, and Equinix's expertise in the global IT
infrastructure industry, we could not have asked for a better data
and network provider to work with."
- Clement Goh, Managing
Director, Equinix South Asia:
"Kingsoft Cloud is one of
China's leading cloud providers,
and it is important that Equinix is playing a strategic role in
enabling them to further develop its business in the Southeast Asia market. Singapore is the perfect location for Kingsoft
Cloud's expansion plans thanks to it being the home to the most
networked data centers in the region, and there remains immense
opportunity not only in Singapore,
but in the region for the digital ecosystem to grow. This is likely
to develop hot on the heels of China's One
Belt, One Road, and will bring about extra infrastructure
investment to the region and reshape the digital
landscape."
Additional Resources
- Equinix Data Centers and Colocation Services [website]
- Equinix Singapore Data Centers [website]
About Equinix
Equinix, Inc. (Nasdaq: EQIX) connects
the world's leading businesses to their customers, employees and
partners inside the most interconnected data centers. In 48 markets
across five continents, Equinix is where companies come together to
realize new opportunities and accelerate their business, IT and
cloud strategies. Equinix.sg
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 services;
unanticipated costs or difficulties relating to the integration of
companies we have acquired or will acquire into Equinix; a failure
to receive significant revenue 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; 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.
Equinix and IBX are registered trademarks of Equinix, Inc.
International Business Exchange is a trademark of Equinix, Inc.
1
https://www2.deloitte.com/content/dam/Deloitte/sg/Documents/technology-media-telecommunications/sea-tmt-2017-global-mobile-consumer-survey-sea-edition.pdf
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SOURCE Equinix, Inc.