As the birthplace of the internet, it is no surprise that the United States (U.S.) leads the world in Interconnection, which enables the direct, private traffic exchange between businesses. You can see how this is playing out today with Interconnection hubs like our Ashburn campus in Northern Virginia that hosts the country’s largest concentration of network participants and is rapidly becoming a hotbed for most of the world’s internet traffic.
Our recent agreement to expand the use of Bloom Energy fuel cells in our data centers is one key way we’re decreasing the overall impact of a growing digital economy on the planet.
According to research in the Global Interconnection Index, a new market study published by Equinix, Interconnection Bandwidth capacity is projected to reach an estimated 5,000 terabits per second by 2020. That kind of interconnection will require significant power output to support it.
Our brand-new SV10 building showed well when it took the spotlight at the facility’s recent opening in Silicon Valley, and why not? It’s cool-looking, it’s adding needed colocation capacity in a tight market and its design reflects Equinix’s commitment to security, reliability and energy efficiency. But at its core, the opening of SV10 is primarily about the power of Interconnection.
Today our deal with Verizon is final, making this one of the most momentous days in Equinix history. By adding 29 new facilities, we’ve expanded our global data center footprint by nearly 20%. And as significant as that expansion is to our business, it will have an even bigger impact on our customers worldwide.
Just this month, Equinix doubled our capacity in Brazil by opening SP3, our largest facility in Latin America. It’s also our third data center in São Paulo, to go along with two facilities in Rio de Janeiro. Check out this video to get a look inside SP3.
Context is critical in a deal the size of Equinix’s $3.6 billion acquisition of 29 Verizon data centers. In this case, the context boils down to this: Our customers needed more opportunities for interconnection, and we wanted to provide them.
The announced acquisition of these new data centers and customers will significantly increase the size and sophistication of our enterprise and government ecosystems. Our expanded footprint will offer our customers lower latency, reduced bandwidth costs and increased revenue.
The Summer Games open in Rio de Janeiro today, just two years after Rio hosted the World Cup. It’s an awesome time in a country that’s growing accustomed to big events. But the digital demands that come with these events aren’t something organizers can just sit back and rely on prior experience to handle. Because each time, they grow significantly.