Equinix launch $1bn joint venture to secure more European hyperscale colocation spend
Colocation giant Equinix is embarking on a $1bn joint venture with Singapore-based investment fund GIC that will see it directly court the hyperscale market through the creation of a series of tailor-made datacentres in Europe.
The facilities will be sited on or near to existing Equinix facilities, the pair confirmed in a joint press statement and will be specifically designed to cater to the “core workload deployment needs” of a targeted group of hyperscale cloud companies.
These include the likes of Amazon Web Services (AWS), Alibaba Cloud, Google Cloud, Microsoft Azure and Oracle Cloud Infrastructure, which already rely on Equinix datacentres to provide their respective customers with access to their services.
However, through its joint venture with GIC, the firm wants to go a step further by providing them with access to supplementary datacentre capacity at its sites in Europe through its xScale datacentre initiative.
“With xScale datacentres, hyperscale companies will now be able to add core deployments at Equinix to their existing access point footprints, enabling their growth on a single platform that spans more than 50 global metros,” the company said, in a statement.
However, Equinix was quick to dispel the idea the move suggests the firm is embarking on a major push into the wholesale colocation market or expansion beyond its retail roots.
“The xScale datacentres will focus on a targeted group of hyperscale companies that offer significant value to the existing Equinix cloud ecosystem,” the statement added.
The facilities will, Equinix confirmed, be designed to cater to the specific technical, operational and price requirements of the hyperscale community, while paving the way for them to consolidate their colocation requirements with a single provider.
Charles Meyers, president and CEO of Equinix, said the joint venture part of the arrangement should ensure the company has the financial footing needed to capture a bigger slice of the hyperscale market's overall datacentre spend.
“Partnering with a world-class investment partner like GIC will provide the opportunity to make significant capital investments to capture targeted large-footprint deployments, while also continuing to optimise our capital structure,” he said.
Meyers went on to reveal the firm has plans to pursue a similar model in other regions of the world where it operates in due course.“We look forward to launching similar [joint ventures] in other operating regions and believe that these efforts will continue to further differentiate Equinix as the trusted centre of a cloud-first world,” he said.
Analyst reports regularly flag the positive impact the near-insatiable demand from the hyperscale community is having on the health of the European colocation market, which might go so the way to explaining why Equinix has picked Europe as the first market to launch its joint venture model in.
Kelly Morgan, vice-president of datacentre infrastructure and services at analyst house 451 Research, said the agreement has the potential to markedly accelerate the take-up of hybrid and multi-cloud deployments across Europe and beyond.
“By increasing the number of hyperscale facilities in the [Europe, Middle East and Africa] region, the joint venture between Equinix and GIC aims to accelerate the adoption of hybrid and multi-cloud as the IT architecture of choice by companies throughout the region,” she said.
Industry: Data Centre
- DevSecOpp- Security design / review consultant. SC Clearance. London
CH7838 London £70,000 DevSecOpp- Security design / review consultant. DevSecOpp- Security design / review consultant will ensure that newly created, public facing apps are secure by design and by default by aligning them to current / best practice security policies and standards into the design phases. The individual must have a technical software / application development background with specalist experinece in secure architecture design. (Frameworks, processes, best practice etc) Practical experience translating and ensuring that the OWASP top 10, ISO27001, HMG frameworks requirements are reviewed and embedded into project designs which are implemented is essential. Experience working projects through a full development lifecycle is key. You will work along side the design and project teams to idenitfy and mitigate risks throughout the design phases. This is a permanent role. SC clearance is essential as is the ability to get to the London office. (When appropiate #covid) Security DevSecOps consultant. To arrange a discreet call book via https://calendly.com/chris-holt/devsecopp--security-design-review-consultant
- SPLUNK SOC Analyst level 3, London.
SPLUNK SOC Analyst level 3, Must be able to commute to the City of London. Onsite role. Security clearance needed. The SPLUNK SOC Analyst level 3 must have current experience working within a SOC environment with specific experience using a range of tools and techniques to investigate security incidents. Current experience with Splunk is essential. any additional experience Individuals with Elastic Security SIEM are highly desirable. Any of the following certifications are desirable Splunk Phantom certified admin, Splunk Core Certified Power User / Advanced, Splunk Certified Enterprise Security Admin, etc The role will include, but not be limited to working with sophisticated information security tools, investigating security incidents, incident management, technical escalation, process improvement, research into the latest threats, reporting etc The individual MUST currently be living in the UK and be able to achieve UK security clearance. (SC) This is a permanent role To arrange a call with Chris Holt https://calendly.com/chris-holt/arranged-call-with-chris-holt-elastic-siem-engineer-soc Chris.Holt@dclsearch.com
- ISO 27001 & Business Continuity Security Specialist, End User
- United Kingdom
CH7828 ISO 27001 & Business Continuity Security Specialist, End User, £70,000 United Kingdom ISO 27001 & Business Continuity Security Specialist needed to join a Cyber team within an end user. The ISO 27001 & Business Continuity Security Specialist will have end to end responsibility for the information security and Business Continuity management system. ISMS/BCMS. Both from an information security and technical security perspective working alongside the CISO. Experience must include, but not be limited to; a mix of Information Security standards, frameworks, audit principles, controls / policies and the management and use of the technical tooling to achieve compliance. ISO 22301, ISO 27001, NIST Cybersecurity Framework etc An ideal candidate will be working within an end user environment with a cyber consultancy background. Experience taking a company through accreditation is highly desirable Experience managing internal stakeholders, technical teams and external third parties essential Flexible working, very occasional travel to London office This is an exclusive role to DCL Search & Selection. Looking to interview immediately. https://calendly.com/chris-holt/iso-27001-business-continuity-security-specialis
- PCI- DSS Security Consultant, End User
PCI- DSS Security Consultant needed to join a Cyber team within an end user. The PCI- DSS Security Consultant will have end to end responsibility for PCI - DSS and its continuing certification. Both from an information security and technical security perspective working alongside the CISO. Experience must include, but not be limited to; a mix of Information Security standards, frameworks, audit principles, controls / policies and the management and use of the technical tooling to achieve compliance. PCI objectives / 12 key requirements, OWASP top 10, ISO 27001, NIST Cybersecurity Framework etc An ideal candidate will be working within an end user environment with a cyber consultancy background. PCI Cloud compliance, specifically someone with experience taking PCI-DSS from on premise into the cloud is HIGHLY desired. However, someone with Solid PCI experience with a strong technical background which include Cyber / Secure by design etc would be considered. Experience managing internal stakeholders and external third parties essential. Flexible working, but with the ability to get into London. This is an exclusive role to DCL Search & Selection. 1st stage interviews to happen the week of the 14th September Arrange a call with Chris on https://calendly.com/chris-holt/arrange-a-call-chris-dcl-pci-compliance