Listed Australian network interconnection company and data centre operator Megaport has increased revenues to $4.15 million for the first quarter of FY 2018, a lift of 19.6% from the last quarter.
Near the end of second decade in the 21st century, data centres are the globally interconnected data repositories of everything we do online today, with Equinix one of the best in the business.
Interconnection services provider Megaport has recorded strong growth for the first quarter of the 2016-2017 financial year, with an increase in revenues of 91% on the back of “organic growth, acquisitions and execution of key strategic partnerships”.
Megaport, the company founded by high-profile serial entrepreneur Bevan Slattery, is to use its SDN-based elastic fabric interconnection solution to power Digital Realty’s Service Exchange, a solution designed to simplify global data centre and cloud interconnection.
Network virtualisation provider Megaport’s US subsidiary has signed an alliance agreement with CyrusOne to deliver SDN-enabled, elastic interconnection and cloud exchange services in CyrusOne data centres in the United States.
Verizon Enterprise Solution’s Secure Cloud Interconnect service is expanding and deepening its footprint globally with expansion into Latin America and additional sites in Europe and the US.
There is a rapid acceleration of global demand for interconnection which will see the number of interconnected enterprises double over the next two years, according to a new study published by data centre operator Equinix.
Global data centre operator Digital Realty is shelling out US$1.886 billion to buy US-based data centre collocation, interconnection and cloud enablement solutions provider Telx.
Software-based elastic interconnection provider, Megaport, is investing $10 million to build an on-the-ground presence in the North American market as part of its global expansion.
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