) 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
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
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
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
) which raise our concern.
Equinix carries a Zacks Rank #3 (Hold). Investors can also
consider other stocks in the technology sector such as
) carrying a Zacks Rank #1 (Strong Buy) and
Western Digital Corp.
) carrying a Zacks Rank #2 (Buy).
EQUINIX INC (EQIX): Free Stock Analysis
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