Real Estate Strategy and Operations

Transcription

1 Real Estate Strategy and Operations June 20, Equinix Inc

2 Public disclosure statement Forward-Looking statements Except for historical information, these presentation slides and related webcast contain forward-looking statements, which include words such as believe, anticipate, and expect. These forward-looking statements involve risks and uncertainties that may cause Equinix s actual results to differ materially from those expressed or implied by these statements. Factors that may affect Equinix s results are summarized in our annual report on Form 10-K filed on February 26, 2018 and in our quarterly report on Form 10-Q filed on May 4, 2018 with the Securities and Exchange Commission. All statements contained in these presentations and related webcast are made only as of the date set forth at the beginning of this presentation. Equinix undertakes no obligation to update the information contained in these presentation slides and related webcast in the event facts or circumstances subsequently change. Non-GAAP information This presentation contains references to certain non-gaap financial measures. For definitions of terms including, but not limited to, Cash Gross Profit, Cash Gross Margins, Cash SG&A, Adjusted EBITDA, Funds From Operations, Adjusted Funds From Operations, and Adjusted Net Operating Income, and a detailed reconciliation between the non- GAAP financial results presented in this presentation and the corresponding GAAP measures, please refer to the appendix that accompanies these presentation slides and related webcast. 2

3 World-class operations Industry leading uptime Top talent Experienced management with an average tenure of ten years 1,500 technicians and 1,200 engineers with an average tenure of five years Manage largest platform and highest activity level in the industry Process 20 years of refinement Globally consistent and managed Robust and continuous training, including failure drills Operational excellence through auditing and continuous improvement Predictive and preventative maintenance practices Tracking of all corrective maintenance and an effective root cause analysis process Infrastructure life cycle planning 3

4 State-of-the-art designs and connectivity Design elements N+1 or higher resiliency Continuously maintainable Energy efficient Flexible power density and footprint Full monitoring of mechanical, electrical and plumbing Interconnection offerings Cross Connect Internet Exchange Equinix Cloud Exchange Fabric Equinix Connect Metro Connect 4

5 Building mature campus franchises (1) Curating ecosystem density to deliver market-leading financial returns Major metro: $100M+ revenues 83% of MRR in 16 metros >80% average utilization ~70% average cash gross margins Major metros % of monthly recurring revenue (MRR) Major metros % Developing metro: $25-100M revenues 13% of MRR in 13 metros >70% average utilization 46% 68% 6% 17% 15% 24% Small metro: <$25M revenues 4% of MRR in 19 metros >70% average utilization 46% 45% 44% AMER EMEA AP (1) 2017 revenues excluding hedges and embedded derivatives, cash gross margins and utilizations 5

6 Hyperscale opportunity and strategy Strengthen ecosystems and extend interconnection leadership Serve as a magnet to attract enterprise deployments Strategic rationale Deepen relationships with top CSPs Drive campus data gravity Leading global IaaS providers Chinese cloud providers Top global SaaS providers Right customers Enhance ecosystems Data center core: edge/gateway New platforms (AR/VR/IOT): network node Right deployments Focused execution Right markets Focus where HIT protects and extends interconnection leadership Prioritize large enterprise markets Selective new entry potential 6

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