Equinix Targets Enterprise With Cloud Exchange
June 19, 2014
Grazed from Investors. Author: Reinhardt Krause.
Corporate America has been moving computing workloads to the cloud more slowly than expected. Equinix aims to change that with Cloud Exchange, a new offering for enterprise customers. Equinix (NASDAQ:EQIX), a provider of computer data centers, is expected to lay out more of its Cloud Exchange strategy at its analysts day event in New York on Wednesday. Equinix stock touched a 13-month high Thursday.
Data-center operators provide space, power and cooling. Customers pack the centers with their own computer servers and other gear. Equinix also specializes in providing connections to high-speed, fiber-optic networks operated by AT&T (NYSE:T), Verizon Communications (NYSE:VZ) and other telecom services providers…
Equinix’s customers include some of the biggest cloud-services providers, such as Amazon (NASDAQ:AMZN) Web Services (AWS) and Microsoft’s (NASDAQ:MSFT) Azure unit. The biggest users of cloud infrastructure as a service (IaaS) have been small and midsize businesses. Many large companies and other enterprises still process their most important workloads in their own private data centers for security and other reasons…
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