On the heels of its 25th anniversary, Equinix, Inc. has been recognized as a Leader in the IDC MarketScape: Worldwide Datacenter Services 2023 Vendor Assessment for its comprehensive platform capabilities and strategy.
IDC MarketScape vendor analysis model is designed to provide an overview of the competitive fitness of ICT suppliers in a given market. The research methodology utilizes a rigorous scoring methodology based on both qualitative and quantitative criteria that results in a single graphical illustration of each vendor’s position within a given market. The Capabilities score measures vendor product, go-to-market and business execution in the short-term. The Strategy score measures alignment of vendor strategies with customer requirements in a 3-5-year timeframe. Vendor market share is represented by the size of the icons.
The IDC MarketScape assessment evaluates several major colocation and interconnection service providers worldwide. It is based on current and future capabilities, with a view of presenting a comprehensive analysis of enterprise digital infrastructure requirements and milestones in the industry. According to the IDC MarketScape, data center providers have "emerged as a key nexus for hybrid and multicloud networking and the epicenter for a diverse range of cloud-based digital infrastructure services."
Highlights/Key Facts
The report recognized Equinix's strengths in the following areas:
Global expansion and ecosystem growth: The company has a strong global footprint and recently expanded into emerging markets in the Asia-Pacific, Latin America and Africa. Equinix spans six continents with data center facilities in 70 metros across 32 countries, and access to a dense ecosystem that includes more than 2,000 networks and over 3,000 cloud and IT companies.
Innovative platform capabilities: According to the report, "[Equinix] has one of the most diverse portfolios of any data center company, which meets the demands of enterprises, hyperscalers and networking providers." Equinix continues to evolve its platform for increased automation and on-demand capabilities with its digital service offerings, including software-defined interconnection via Equinix Fabric®, on-demand virtual network functions via Equinix Network Edge, and dedicated Bare Metal as a Service via Equinix Metal®.
Setting the pace of sustainability advancements: Equinix has continued to invest in sustainable resources and infrastructure. In 2022, Equinix reached 96% renewable coverage across its global data center footprint, marking the fifth consecutive year Equinix has achieved greater than 90% coverage.
Quotes
Tiffany Osias, Vice President of Global Colocation Services at Equinix
"We are proud to once again be positioned as a Leader in the latest IDC MarketScape for data center services.1 It has become increasingly evident that digital infrastructure plays a critical role in enabling businesses to innovate, reach new markets and drive differentiation. We remain focused on enabling customers to achieve these outcomes more quickly and easily by delivering a global platform for them to interconnect and deploy infrastructure at software speed."
Courtney Munroe, Research Vice President, Worldwide Telecommunications Research, IDC
"Equinix has delivered excellent service for the last 25 years and is an essential platform for interconnecting with network operators, cloud operators and other digital service providers. The company continues to enhance its platform and expand to key markets to enable businesses to optimize their digital infrastructure and do so sustainably."