$Equinix(EQIX)$DC in demand now?
Equinix is the largest data center operator in the world. Big data is a major secular growth theme, and Equinix grew its revenue by 8.7% in 2020.
Equinix should benefit from growing demand for network-colocation.
Colocation demand should continue to grow alongside enterprise data usage over time. In addition to the stock's growth opportunity.
Equinix counts some of the world's biggest providers of cloud computing services as partners, including Alibaba, Amazon.
As for Japan, Equinix has provided details on its US$3 billion xScale data center program, including projects currently under development in Japan.
This planned global expansion, financed with the support of joint venture partners, will serve the growing demands of hyperscale companies that are deploying infrastructure.
Last but not least, Equinix is well-positioned to meet hyperscalers' needs for operational reliability, global reach and interconnectivity to rich ecosystems that are critical to serving their customers worldwide.
How do you think of Equinix faring in the near term? Feel free to comment.
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