Equinix recently hit another 52-week high due to strong operating metrics. CEO, Steve Smith, meet with TheStreet's Jill Malandrino and explains the EQIX Cloud Exchange, launched in April, could be the next big technology shift since the invention of the World Wide Web. The Exchange capability helps companies that want to use collocation to be easily entered into the cloud notes. Small and Mid-Size Business is still in the early testing stages of the shift to the cloud, just like other companies within its category. Timing of REIT status is key, and while EQIX is still waiting on regulatory response, Smith feels positive the company will convert in January of 2015.