Earnings, cloud, strategic, land acquisition
The past week was a busy one, highlighted by a number of strategic developments, expansion activity on the data centre side and the start of earnings season.
Amazon was one of the first to report and the AWS cloud business again put up big numbers. Revenue and operating margin continue to trend favourably as the business crossed yet another threshold. This time: $25b in annual revenue.
Also on the cloud side, Alibaba’s cloud reported strong growth as it gets close to $1b in quarterly revenue.
On the strategic side, Berkshire partners took a majority stake in South Africa-based data centre operator Teraco and ST Telemedia in Singapore acquired another cloud consulting shop. We also saw NTT agree to a sale-leaseback.
There was also more activity in primary data centre markets around the world. Digital Realty acquired more land in Singapore to support impending expansions and in London, VIRTUS kicked off a very ambitious expansion project.
Wholesale continues to be a healthy market, but hyperscale is not going to be the only platform of choice or the primary deployment location/model. The edge is coming and EdgeMicro has an edge data centre test site up and running in Denver that has Flexential and others running in it.
or