Equinix announces next phase in evolution of Platform Equinix

Maria Nikolova

Equinix unveils Network Edge, which offers enterprises a new way to deploy network services on Equinix’s global interconnection platform.

Global interconnection and data center company Equinix Inc (NASDAQ:EQIX) today announces the next phase in the evolution of Platform Equinix with the introduction of Network Edge services, a new product innovation enabling companies to modernize networks virtually, by deploying network functions virtualization (NFV) from multiple vendors to connect their digital supply chains at Equinix.

Network Edge offers enterprises a new way to deploy network services on Equinix’s global interconnection platform, without a physical data center deployment or hardware requirements. As an additional option within Equinix’s broad portfolio of physical and virtual interconnection services, Network Edge enables enterprises to reduce capital expenses and scale IT and network services globally by virtually deploying a digital-ready infrastructure.

Network Edge, which comprises a range of vendor-neutral, virtual network services. allows customers to select, configure and connect network and security devices in real time and from a choice of industry-leading vendors including Cisco, Juniper Networks and Palo Alto Networks. By bringing seamless, ultra-low latency network services closer to end users, clouds and valuable ecosystems in more locations, Network Edge can markedly improve network optimization efforts in an economical way.

Network Edge also includes built-in integration to Equinix’s global on-demand, SDN-enabled interconnection service, Equinix Cloud Exchange Fabric (ECX Fabric). By combining Network Edge with ECX Fabric, customers can deploy virtual edge devices and interconnect them to clouds and network providers located in new global markets, extending their reach to potentially thousands of new business partners around the world. This empowers companies to be everywhere they need to be to interconnect everyone and integrate everything that matters to their businesses.

Network Edge is particularly useful for cases, such as cloud-to-cloud routing, migrating from one cloud to another, hybrid cloud firewall, and branch-to-cloud SD-WAN.

In May this year, Equinix reported its key financial metrics for the quarter to end-March 2019, with the data revealing a rise in revenues and net income. The company registered revenues of $1.363 billion in the first quarter of 2019, a 4% increase over the previous quarter. Operating income amounted to $280 million, a 3% increase over the previous quarter. Net income reached $118 million, a 7% increase over the previous quarter, whereas Net Income per Share attributable to Equinix was $1.44 per share, a 6% increase over the previous quarter.

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