Equinix CEO on Exploding Cloud Computing and Internet of Things Industries
March 25, 2016
Grazed from TheStreet. Author: Scott Gamm.
Equinix is smack in the middle of two burgeoning areas: cloud computing and the Internet of Things. "The primary driver for us is the continued rollout of the cloud computing paradigm shift going on in the world today," said Steve Smith, CEO of Equinix, when asked what factors will drive the company’s expectations of 30% revenue growth in 2016. "Equinix is providing the on and off ramps to a lot of this cloud computing."
Smith said within the cloud computing space, Redwood City, Calif.-based Equinix is serving household names such as Amazon, Microsoft and Oracle, among others. "They use our data centers," he said. "We have 145 data centers in 40 of the largest cities in the world in 21 countries…
We’re pretty much where companies have employees, where they have customers and where their revenue is." Aside from cloud computing, the company is investing billions of dollars in the growing Internet of Things space…
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