REDWOOD CITY, Calif.,
Nov. 24, 2021 /PRNewswire/
-- Equinix, Inc. (Nasdaq: EQIX), the world's digital
infrastructure company™, and EllaLink announced the first-ever
high-capacity subsea cable system between Europe and Latin
America is in full operation. Delivered by EllaLink to
Equinix's International Business Exchange™ (IBX®) data centers—SP4
in São Paulo, LS1 in Lisbon and
MD2 in Madrid—the new system provides a 50% increase in network
performance between data centers in Brazil, Portugal and Spain when compared to routes that had to
previously transit through North
America. Reducing latency is a critical factor for content
providers, cloud companies and financial firms, where a delay of a
few milliseconds can impact the profitability of trading
operations.
EllaLink selected Equinix due to the company's expertise in
providing state-of-the-art subsea infrastructure and its access to
dense, rich ecosystems of networks, clouds, financial and IT
service providers. Equinix serves as an interconnection partner in
more than 40 of the current subsea cable projects.
Subsea cables are key to the internet and global connectivity,
as 99% of intercontinental traffic crosses a subsea cable with less
than one percent of the remaining traffic carried through satellite
systems.1 The global subsea cable market is expected to
be valued at $22 billion by 2025,
more than doubling from 2019. A significant portion of this growth
is in cables connecting Latin
America to the rest of the world.2
Highlights / Key Facts:
- Spain and Portugal are important gateways to
Brazil and the rest of
South America for many European
markets. As the capital of Portugal, Lisbon is at the center of industry,
government and commerce. It represents an important international
connectivity hub, with subsea cables connecting the Iberian
Peninsula from Lisbon to
Africa and South America. Spain is also an essential hub on the global
connectivity map due to its physical location between Africa, Mediterranean Europe and Northern Europe, and its strong cultural
connection to Latin America. 5G
deployments, the ongoing tech boom and growth in the use of data,
telecom subscriptions and internet connections between the two
continents are increasing bandwidth capacity requirements.
- The subsea cable momentum on Platform Equinix® has
accelerated worldwide as digital transformation has increased
globally. Equinix's footprint of more than 230 IBX data centers in
65 global markets across 27 countries provides the metro edge
points of presence (PoPs) required to deliver low-latency
interconnection for transporting increasing volumes of internet
traffic. At Equinix, subsea cable owners/operators can deploy cable
landing stations that open gateways between continents and
interconnect businesses around the world.
- According to the fifth annual Equinix Global
Interconnection Index (GXI Vol. 5), overall interconnection
bandwidth, the measure of private connectivity for the transfer of
data between organizations, is forecast to reach 21,485+ terabits
per second (Tbps), or 85 zettabytes, per year by 2024, representing
a five-year compound annual growth rate (CAGR) of 44%. This growth
is aligned with the increased demand for the digital infrastructure
needed to bring more businesses online, facilitate electronic
integration with partners and supply chains, and reach more people
in distributed hybrid work environments.
Quotes:
- Diego Matas, Chief Operating
Officer, EllaLink
"Offering one-hop connections between
Latin America and Europe with a 60ms latency is a game changer
from a transatlantic latency perspective. During these last months,
EllaLink continued working directly with Equinix in order to secure
carrier-neutral connections from our PoP locations in Equinix's
data centers and we are now enabling our customers to directly
access the rich ecosystems of networks, clouds, and financial and
IT service providers that Equinix hosts."
- Michael Ourabah, Chief
Executive Officer, BSO
"BSO delivers low-latency, high-
performance, highly available, private cloud infrastructure to
customers in the capital markets sector. Our work to connect those
in emerging markets with other trading networks around the globe
has garnered significant results for the regions, even at this
early stage. Working with Equinix and EllaLink, we feel we are
well-placed to ensure that firms who want to access the Brazilian
market have everything they need."
- Jim Poole, Vice President,
Business Development, Equinix
"More data is being
produced and processed today than ever before—and almost
every byte of data that moves over the internet touches a subsea
cable. As a result, organizations require access to high-capacity,
low-latency networks capable of connecting them to data centers
across oceans with the highest levels of reliability. This is
where Equinix plays a critical role and offers a huge advantage to
customers. Any user of a subsea cable network that lands inside one
of our global data center termination points has instant,
low-latency access to a host of industry ecosystems inside
Equinix."
Additional Resources
- EllaLink and BSO launch strategic partnership to develop
financial markets between Europe
and Latin America
- Equinix 5G and Edge Tech Development Center Drives
Innovation
- Addressing the impact of latency - How low can you
go?
1 ITIF, "Submarine Cables: Critical
Infrastructure for Global Communications," April 2019
2 Norton Rose Fulbright, "Financing subsea cables
in Latin America," June 16, 2020
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 EllaLink
EllaLink is an advanced optical
platform offering secure high capacity connectivity on a unique low
latency transatlantic route serving the growing needs of the Latin
American and European markets. The EllaLink network directly
connects Brazil and Europe, linking the major hubs of São Paulo,
Rio de Janeiro and Fortaleza with Lisbon, Madrid and Marseille. The EllaLink System is being built
with state-of-the-art coherent technology initially offering 72Tbps
of capacity over four direct fibre pairs between Europe and Brazil. The landing sites in Fortaleza (Brazil) and Sines (Portugal) have been secured and EllaLink is
scheduled to be Ready for Service in Q1 2021. EllaLink is a
privately funded and independent company committed to providing
products and services on a Carrier Neutral and Open Access
basis. Marguerite II, a pan-European equity fund active
in the renewables, energy, transport and digital infrastructure
sectors, is the main shareholder of EllaLink. For more information
visit ella.link
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.
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SOURCE Equinix, Inc.