APAC, cloud builds, Microsoft, VMware, data centres obsolete?
The sector continued to move forward and there was no shortage of activity from various pockets within the sector.
The Asia-pacific region, particularly Australia, has seen a number of noteworthy developments in recent weeks. Last week saw AirTrunk in Australia bring online its new wholesale facility in Sydney and Macquarie Telecom is also planning for something in this market as well. Notably, there is data centre consolidation happening in Australia from both the end user and service provider sides. And cloud providers and MSPs continue to drive growth in colocation as NEXTDC landed another tenant from this demographic, also in Sydney.
Another market in the Asia-pacific that is seeing a surge in building activity is India. OVH and Google both have stated intentions to build out infrastructure in this region sooner than later. OVH also shared some data points about its revenue base.
Meanwhile, Asia-based cloud providers like Alibaba are continuing to expand their infrastructure footprint and Alibaba is said to now be looking at a second European location.
Still on the data centre side, some recent comments by a Silicon Valley hedge fund executive negatively impacted data centre stocks. We look at his arguments in closer detail and the thinking appears to be fundamentally misinformed.
There were also a number of recent developments and data points around VMware and its shift to supporting multiple clouds. And Microsoft held its Ignite event, which saw a slew of new product announcements around cloud, highlighted by its shipping of Azure Stack. Not surprisingly, we saw a number of new Azure customers disclosed as well.
The strategic side was relatively quiet this past week. One deal of note that happened in recent weeks and involved hosting infrastructure assets was Fusion’s acquisition of Birch. A smaller deal saw Hivelocity acquire RackAlley in Los Angeles.
The second quarter is always the longest when it comes to earnings with many companies in the UK and Asia reporting on a half-year basis. We looked at additional results coming from Australia’s NEXTDC and UK-based Nasstar.
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