Skip to main content

Equinix CEO on Exploding Cloud Computing and Internet of Things Industries

Equinix is smack in the middle of two burgeoning areas: cloud computing and the Internet of Things.
  • Author:
  • Publish date:

Equinix (EQIX) - Get Equinix Inc. Report is smack in the middle of two burgeoning areas: cloud computing and the Internet of Things. 'The primary driver for us is the continued rollout of the cloud computing paradigm shift going on in the world today,' said Steve Smith, CEO of Equinix, when asked what factors will drive the company's expectations of 30 percent revenue growth in 2016. 'Equinix is providing the on and off ramps to a lot of this cloud computing.' Smith said within the cloud computing space, Redwood City, Calif.-based Equinix is serving household names such as Amazon (AMZN) - Get Amazon.com Inc. Report , Microsoft (MSFT) - Get Microsoft Corporation Report and Oracle (ORCL) - Get Oracle Corporation Report , among others. 'They use our data centers,' he said. TheStreet's Scott Gamm has details from Wall Street.

Scroll to Continue

TheStreet Recommends