EQIX Helps Nextira & NYSE Technologies - Analyst Blog

By
A A A

Equinix Inc. ( EQIX ) is helping companies come up with new technologies. NextiraOne is taking the help of Equinix's LD5 International Business Exchange to serve its customers with its modular private cloud infrastructure portfolio.

NextiraOne would be serving its cloud offering -- FlexSuite -- a private cloud infrastructure, which has been designed to further extend hardware utilization from 15.0% to as high as 85.0%, which in turn increases the speed of data transmission. This solution is designed to integrate operations between enterprise and cloud software applications, or  internal and external IT-based services.

NextiraOne is mainly taking the assistance of Equinix for accessing a network rich environment and a well developed cloud infrastructure. Through this technology tie up, Equinix's customers will get the benefit from the access to improved hardware utilization and cloud services.

The demand for cloud computing is growing on a regular basis and through this collaboration NextiraOne would be in a better position to increase its share of the cloud computing business.

Moreover, Equinix is also extending its data center technology to NYSE Technologies, the commercial technology unit of NYSE Euronext. The company has taken the help of Equinix's data center to extend the usage of its global trading platform in Hong Kong and Tokyo.

This collaborative approach will allow customers from Hong Kong and Tokyo to easily access the services offered by NYSE technologies to access a range of financial markets.

The recent deal wins and collaborations will ensure better service for the customers as Equinix has been able to reduce its turnaround time. Previously, Equinix took too much time to close sales after customers agreed to license cabinet space at one of its IBX centers. Although the company is winning deals at regular intervals, the sales cycle has been delayed as a result of the delay in their service renewal decision.

Apart from the delay in order renewals, the company is facing competitive threats from the likes of AT&T Inc. ( T ) which raise our concern.

Equinix carries a Zacks Rank #3 (Hold). Investors can also consider other stocks in the technology sector such as SanDisk Corp. ( SNDK ) carrying a Zacks Rank #1 (Strong Buy) and Western Digital Corp. ( WDC ) carrying a Zacks Rank #2 (Buy).



EQUINIX INC (EQIX): Free Stock Analysis Report

SANDISK CORP (SNDK): Free Stock Analysis Report

AT&T INC (T): Free Stock Analysis Report

WESTERN DIGITAL (WDC): Free Stock Analysis Report

To read this article on Zacks.com click here.

Zacks Investment Research



The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.



This article appears in: Investing , Business , Stocks

Referenced Stocks: EQIX , SNDK , T , WDC

Zacks.com

Zacks.com

More from Zacks.com:

Related Videos

Stocks

Referenced

Most Active by Volume

33,411,180
  • $15.43 ▼ 0.06%
28,496,889
  • $66.57 ▲ 2.62%
25,768,437
  • $8.16 ▼ 11.69%
23,737,755
  • $26.47 ▲ 1.03%
21,086,799
  • $95.2199 ▲ 0.19%
18,847,560
  • $51.645 ▼ 0.32%
16,929,901
  • $16.53 ▼ 3.11%
14,897,556
  • $38.63 ▲ 2.09%
As of 7/11/2014, 01:22 PM