Hybrid cloud solution enables leading Asian ride-hailing applications to deliver real time and event-driven insights
SINGAPORE – August 15, 2018 – Equinix, Inc. (Nasdaq: EQIX), the global interconnection and data center company, today announced that it is collaborating with Iguazio to enable a single unified data platform to power continuous analytics and event-driven applications at scale. Iguazio’s Continuous Data Platform on Platform Equinix® enables a real time solution for high performance AI and event-driven applications to optimize performance in the smart mobility industry in Asia-Pacific.
Ride-hailing services in Southeast Asia are expected to continue to grow in popularity, with six million rides booked through platforms daily, according to the “e-Conomy Southeast Asia Spotlight 2017” report by Google and Temasek. This, along with the booming internet economy in the region, is leading to an increased demand for interconnection that can enable businesses to securely and directly connect with customers, partners and service providers.
Equinix Interconnection Oriented Architecture™ (IOA™) places strategic control points next to users, clouds and networks to build a digital edge. Iguazio, which simplifies the development and deployment of real time AI applications, leverages Platform Equinix to ensure that customers have the freedom to run at the edge for real time processing and reliability, while benefiting from multiple clouds for compute elasticity. This new hybrid cloud solution enables companies offering smart mobility to manage data intelligently and gain actionable business insights, ensuring reduced latency, maximized performance and fine-grained security.
The combination of large data volumes and AI deployed in hybrid environments provided by Equinix and Iguazio enables PickMe, Sri Lanka’s leading on-demand transportation app, to achieve better utilization of data and ultimately deliver a more seamless door-to-door transport service.
PickMe develops sophisticated machine learning models in the cloud and deploys them at the edge to run algorithms on historical and fresh data and prevent fraud. The algorithms detect patterns among specific drivers and real time actions block them when needed. In addition, PickMe generates real time supply and demand heatmaps to optimize the driver’s decision-making process for maximum driver profits and minimum passenger wait times. PickMe has been able to implement new releases faster, enabling it to launch more services every quarter, such as food and package delivery.
Interconnection is helping to power the smart mobility movement, enabling proximity between users, IoT devices and cloud services at the digital edge. It facilitates the data transfer and analysis required for a wide range of transportation and automotive solutions, the management of fleets, trucks, trains, aviation, maritime shipping and more.
- Jiffry Zulfer, CEO of PickMe: “The ever-growing ride-hailing landscape in Southeast Asia deals with constant new vulnerabilities such as fraud and analytical accuracy. By deploying on Iguazio, we are able to deliver innovative programs, increase driver efficiency and maximize the profits of numerous aspects of our ride-hailing business.”
- Asaf Somekh, CEO of Iguazio: “With Equinix’s robust ecosystems, Iguazio accelerates efficiency and revenue growth, optimizing fast mobility applications which require real time insights and actions. We’re proud to work closely with PickMe and others, providing the high performance required to power real-time intelligent applications for smart mobility.”
- Samuel Lee, President of Equinix Asia-Pacific: “As Asia-Pacific nations progress with smart city plans, so does the pressure for technology providers to keep pace with the rapidly changing demands of customers. At Equinix, our close collaboration with Iguazio is testament to our commitment to helping ride-hailing players, such as PickMe, to digitally transform the industry as the region embraces smart mobility.”
The Iguazio Continuous Data Platform digitally transforms businesses by analyzing data from a variety of sources and types to create actionable insights. Through its platform, Iguazio simplifies the development and deployment of high-volume, real-time, data-driven applications to extend the cloud experience to the edge and on-premises environments. Iguazio accelerates the digital transformation of manufacturing, healthcare, financial services and others by supporting rapid development of applications for the Internet of Things, autonomous systems, media, cybersecurity and smart mobility. The company was founded in 2014 and has offices in the USA, UK, Singapore and Israel. Iguazio.com.
Equinix, Inc. (Nasdaq: EQIX) connects the world’s leading businesses to their customers, employees and partners inside the most-interconnected data centers. In 52 markets across five continents, Equinix is where companies come together to realize new opportunities and accelerate their business, IT and cloud strategies. Equinix.sg
This press release contains forward-looking statements that involve risks and uncertainties. Actual results may differ materially from expectations discussed in such forward-looking statements. Factors that might cause such differences include, but are not limited to, the challenges of acquiring, operating and constructing IBX data centers and developing, deploying and delivering Equinix services; unanticipated costs or difficulties relating to the integration of companies we have acquired or will acquire into Equinix; a failure to receive significant revenue from customers in recently built out or acquired data centers; failure to complete any financing arrangements contemplated from time to time; competition from existing and new competitors; the ability to generate sufficient cash flow or otherwise obtain funds to repay new or outstanding indebtedness; the loss or decline in business from our key customers; and other risks described from time to time in Equinix filings with the Securities and Exchange Commission. In particular, see recent Equinix quarterly and annual reports filed with the Securities and Exchange Commission, copies of which are available upon request from Equinix. Equinix does not assume any obligation to update the forward-looking information contained in this press release.