|[March 11, 2013]
Elastichosts Enters Asia-Pacific with Platform Equinix
REDWOOD CITY, Calif. & HONG KONG --(Business Wire)--
Inc. (Nasdaq: EQIX),
the global interconnection
and data center company, today announced that Elastichosts,
a global Cloud Server provider, has deployed in Equinix's (News - Alert) International
Business Exchange (IBX®) data center in Hong Kong. This enables the
company to provide its easy-to-use, pay-as-you-go Cloud Servers to
businesses throughout the Asia-Pacific region. Elastichosts is
leveraging Equinix's network density and rich cloud
ecosystem to grow its business in Hong Kong, as well as in
neighboring countries such as Taiwan, China, Singapore, and the rest of
ASEAN (Association of South East Asian Nations).
Highlights / Key Facts
According to Gartner (News - Alert) the total public cloud services market size in
2011 was $91.4 billion and is forecast to grow to $206.6 billion in
2016. High growth rates will occur in emerging markets, including the
top three growth countries of India, Indonesia and China1.
With the new point-of-presence in Equinix's IBX data center in Hong
Kong, Elastichosts can capitalize on the growing demand for
cost-effective, scalable cloud services in the region.
Elastichosts provides on-demand, scalable Cloud Servers, offering its
customers flexibility while ensuring a high level of availability and
performance. Its target customers include small-to-medium retail
businesses such as Web application developers and start-ups, as well
as systems integrators and mid-to-large resellers of cloud products.
Performance is everything in the cloud services business. By housing
its infrastructure in Equinix's secure and network-dense IBX data
center, Elastichosts can directly interconnect with every major
network to reduce latency and offer greater redundancy and faster
connection speeds to its customers. Equinix provides a specialized
ecosystem for direct connection to over 4,000 partners and customers
including over 900 network providers.
Equinix™ in Hong Kong also provides Elastichosts with the ideal
vehicle to grow its foothold in the region. The broad reach of
ecosystems available with Platform Equinix gives Elastichosts
access to a large marketplace of potential customers for revenue
generating opportunities. Equinix's existing customers will also be
able to connect their IT infrastructure directly to Elastichost's
cloud infrastructure. The Cloud Server provider will also leverage
Equinix's global footprint to enter other markets in Asia.
"Deploying with Equinix in Hong Kong brings us immediate benefits as
we enter the Asia-Pacific market. We are in close proximity to hundreds
of networks and through these networks, closer to our customers. Its
rich ecosystem gives us the confidence that we can gain access to a
broad pool of potential customers and partners to grow our revenue,
while its global footprint ensures we can achieve rapid deployment and
scalability as we expand our presence across Asia-Pacific."
Hui, director of Cloud, IT and Enterprise, Equinix
"We are delighted that Elastichosts has chosen Equinix's Hong Kong IBX
data center as its starting point to offer its cloud hosting services in
Asia-Pacific. Hong Kong is a key cloud hub in Asia-Pacific and the city
is experiencing some of the biggest growth and demand in the region.
With our high performance, secure and network-dense data center in Hong
Kong Elastichosts can take full advantage of the business opportunities
in this market. We look forward to further supporting Elastichosts in
its expansions in Asia-Pacific in the near future."
Elastichosts is a global Cloud Server provider that offers easy-to-use
Cloud Servers with instant, flexible computing capacity. As well as
Cloud Servers, Elastichosts also offers Managed Cloud Servers, Cloud
Websites and Reseller Programs. The company has hundreds of customers in
over 60 countries worldwide, and has data centres located in UK, Europe,
US, Canada, Asia and Australia. Its headquarters are in London, UK.
Elastichosts is committed to developing simple, flexible and
cost-effective cloud services for businesses worldwide.
Equinix, Inc. (Nasdaq: EQIX), connects more than 4,000 companies
directly to their customers and partners inside the world's most
networked data centers. Today, businesses leverage the Equinix
interconnection platform in 31 strategic markets across the Americas,
EMEA and Asia-Pacific. www.equinix.com.
Equinix, data center, IBX, Hong Kong, Elastichosts, cloud,
interconnection, ecosystem, marketplace
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 centers and
developing, deploying and delivering Equinix services; unanticipated
costs or difficulties relating to the integration of companies we have
acquired or will acquire into Equinix; a failure to receive significant
revenue from customers in recently built out or acquired data centers;
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; and other risks described from time to time in Equinix's
filings with the Securities and Exchange Commission. In particular, see
Equinix's recent 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.
Equinix and IBX are registered trademarks of Equinix, Inc.
International Business Exchange is a trademark of Equinix, Inc.
1 Gartner: 'Forecast Overview: Public Cloud Services,
Worldwide, 2011-2016, 2Q12 Update'.
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