Equinix is closing its bare metal IaaS platform

Date:
Mon, 18 Nov 2024 16:00:00 +0000

Description:
After around six years on offer, Equinix Metal is set to be discontinued from June 30, 2026.

FULL STORY ======================================================================Equinix Metal will no longer be sold from June 30, 2026 Performance, security and stability updates will be prioritized until then Market dominance by established hyperscalers makes it hard to compete

Equinix has confirmed it will discontinue its bare-metal infrastructure-as-a-service ( IaaS ) platform from June 2026.

The decision to ax Equinix Metal was communicated to customers in a letter from Chief Business Officer Jon Lin and Chief Sales Officer Mike Campbell, giving a warning period of more than 18 months.

New features are no longer being prioritized for Equinix Metal, however the company promises to continue delivering performance, security and stability features until it is sunsetted. Equinix Metal given 2026 end-of-life date

Equinixs bare-metal service is a fairly recent addition to the companys portfolio. It came about after the company acquired hosting company packet
for $100 million, but will have only been available for a period of around
six years once it gets discontinued on June 30, 2026.

Besides continuing to offer the relevant updates, Equinix is also offering to support customers in transitioning to alternative solutions, including collocation, managed and third-party services.

The service has been launched to allow businesses to deploy x86 and Arm servers within Equinixs data centers, however CFO Keith Taylor suggested that Metal accounts for just 1.25% of the companys revenue, which ultimately led
to the decision to end support for the product.

The company confirmed: Equinix is moving towards the end-of-life for our bare metal as a service product as we focus on the growth and acceleration of
parts of our business, like colocation, interconnection, and hyperscale.

More broadly, in October 2024 Equinix signed a joint venture deal to raise
$15 billion to build xScale data centers for hyperscaler clients in a nod to the surging demand for AI-driven workloads.

The decision to retreat from the market is also a reflection of the highly competitive landscape, dominated primarily by hyperscalers like Amazon Web Services, Microsoft Azure and Google Cloud. You might also like Weve listed all the best cloud computing services IBM will now rent you a cloud-ready
bare metal setup Check out our roundup of the best servers for small businesses



======================================================================
Link to news story: https://www.techradar.com/pro/equinix-is-closing-its-bare-metal-iaas-platform


--- Mystic BBS v1.12 A47 (Linux/64)
* Origin: tqwNet Technology News (1337:1/100)