In-house Innovation, Global Expansion Define Q1 2022
It’s a widely accepted belief in the business world that innovation drives growth. Come up with a slick new product or solution that appeals to your target market (or better still, a wider audience), sell the heck out of it and use your expanded revenue stream to grow your company. It’s a solid practice mainly because it’s been proven to work time and again. I would also note that the inverse can also be true - growth fosters innovation.
A company that’s expanding and continuing to reaffirm itself as an industry leader is in a strong position to not only experiment with new technologies and ideas within its own set of solutions, but is well positioned to draw on its success and experience to help others realize their full potential.
One of the key aspects of Cyxtera’s culture is the innovation our team develops in-house to ensure our solutions are delivering increasing value to our customers and partners. For us, building leading-edge technology solutions that enable customers to leverage digital infrastructure to grow their businesses – both today and into the future – is one of our key differentiators.
Bringing new ideas to market
Our newly launched Cyxtera Labs is the encapsulation of the idea that growth can and does drive innovation. Cyxtera Labs is a new program that offers support and resources to accelerate our customers’ innovations to market. The program is designed to support both startups and enterprises with R&D projects by offering cost-effective, consumption-based solutions without compromising performance, control, or scale. This program builds off of the power of our Digital Exchange to help customers connect to raw infrastructure in the form of our Enterprise Bare Metal and SmartCabs solutions.
As a company, we are constantly on the lookout for opportunities to broaden our global footprint and deliver innovative solutions to our customers in new markets. Our latest expansion is into India and comes through a strategic partnership with Sify Technologies. Sify, one of India’s leading digital ICT solutions providers, operates carrier-neutral data centers across various markets in the country. Sify shares Cyxtera’s focus on delivering leading-edge infrastructure solutions required for enterprises’ digital transformation initiatives to drive growth in their businesses. And like Cyxtera, Sify delivers their solutions from world-class data centers that feature robust interconnection offerings and rich ecosystems of partners.
Cyxtera will now be able to provide colocation services to our customers in facilities in five additional markets, including Mumbai, in one of the most important and fastest growing global economies. Additionally, Sify will resell our full suite of solutions across our footprint in North America, Europe, and Asia Pacific to its more than 10,000 customers.
Commitment to the future
I’ve written about Cyxtera’s commitment to a holistic ESG approach and the importance of being a responsible steward of the environment in a previous blog. In the first quarter of 2022, we are continuing to make strides and have prioritized ESG initiatives at the Board level and established multiple levels of oversight across the organization.
Furthering our efforts to remain environmentally responsible, Cyxtera has joined leading hyperscalers and more than 30 colocation data center providers as partners in the Infrastructure Masons Climate Accord. The iMasons Climate Accord is a cooperative of over 70 companies to reduce carbon in digital infrastructure materials, products, and power. We’re committed to being good stewards of the environment and continuing to support initiatives such as the iMasons Climate Accord that seek to bring together industry leaders to drive meaningful positive guidance for how our sector can effectively reduce carbon while efficiently operating our facilities to provide the services our customers require.
Solid growth, stronger future
We kicked off 2022 with another strong quarter of results, delivering solid growth and continuing last year’s momentum. Our first-quarter performance once again underscores the consistent execution from our team.
We are excited about the opportunities ahead of us, and will continue to leverage our differentiated global platform and strong ecosystem to help our customers and partners bring innovative solutions to market.
Views and opinions expressed in our blog posts are those of the employees who made them and do not necessarily reflect the views of the Company. A reader should not unduly rely on any statements made therein.