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
- Security Analyst. Financial Services. UK. Permanent
CH7863 Security Analyst. End User . Financial Services Security Analyst needed to monitor and manage a security suite of tools within an End User environment. The Security Analyst will be responsible monitoring, configuring, fine tuning, incident management and generally improving the security tool capability. Specific experience with CyberArk, Tripwire Log Center and Tripwire Enterprise is highly desirable). Current experience with Vulnerability management and penetration testing is highly desirable. Specifically the ability to effectively manage 3rd party pen tests. You will be working within a specialist security team reporting to the CISO. Experience working within an end user environment within financial services is highly desirable. Flexible location. This is an exclusive role to DCL Search & Selection. To book a call please use my Calendy link https://calendly.com/chris-holt/arranged-call-with-chris-holt-soc-role-
- DevSecOps - Security design / review consultant. SC Clearance. London
CH7858 London £70,000 DevSecOps - Security design / review consultant. DevSecOps - 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
- CONTRACTOR Cyber Vulnerability Analyst, NESSUS, Rapid 7, SC clearance required.
Cyber Vulnerability analyst NESSUS, Rapid 7, needed for IMMEDIATE 3 month contract MUST have / be able to achieve UK SC clearance role to work within a live environment within a public sector department. The individual must have experience in using various security methods and tools such as Rapid7 and NESSUS scan for / identify vulnerabilities, prioritise them according to risk and raise appropriate tickets for remediation / follow up. In depth experience utilising Nessus highly beneficial. Current cyber public sector experience highly desirable.
- Internal Security Auditor, Level 1 Service Provider (ISO27001)
- Upto 55,000 plus benefits
Internal Security Auditor ISO 27001, PCI, needed to join a Cyber team within this expanding Fintech business. The Internal Security Auditor will have end to end responsibility for planning, delivering, remediating any findings etc. Experience working within financial services is highly desirable. This Is a great time to join a newly formed and growing Cyber team within a rapidly expanding fintech, that is taking a major share of its market. We are looking for someone with experience, (but not to be limited to) a mix of Information Security standards, frameworks, audit principles, controls / policies and the management and use of the technical tooling etc. 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, but with the ability to get into London. This is an exclusive role to DCL Search & Selection.