Global expansion of Internet and Cloud Exchanges, growing data throughput, and unique service provision to meet future enterprise demands

DE-CIX, the world’s leading operator of Internet Exchanges (IXs), has released the company’s Annual Report for the financial year 2023, confirming continued strong growth in global turnover and data exchange. Global revenues of all company parts continued to grow, reaching 63 million Euro, an increase of 8 million (up 14%) compared to 2022. Reflecting the trend of previous years, connected customer capacity on the DE-CIX Internet Exchanges grew by 14% to more than 140 terabits, and connected networks ended the year at over 3,600 worldwide. With close to 60 exabytes of data throughput globally during 2023, DE-CIX experienced 23% growth in total traffic volume. DE-CIX Frankfurt, one of the largest IXs in the world, achieved peak traffic speeds exceeding 16 Terabits per second (Tbit/s), while the global peak traffic across the company’s interconnected platforms rose to over 22 Tbit/s.

Following the worldwide growth, In 2023, DE-CIX India not only grew in terms of customers but also geographically: DE-CIX India opened its fifth IX, introducing new interconnection possibilities in Hyderabad, a major centre for the tech industry. The DE-CIX India ecosystem thus covers five markets: Mumbai, Delhi, Chennai, Kolkata, and Hyderabad. The total connected customer capacity of the DE-CIX India platforms increased by 18% and grew to close to 10 terabits, with more than 600 network connections across the ecosystem.

At the region’s flagship IX, DE-CIX Mumbai – the largest Internet Exchange in the Asia Pacific – data throughput at peak times increased by 32%, reaching 1.5 Tbit/s, and connected customer capacity grew by 14%. DE-CIX Delhi’s peak traffic rose by 24%, reaching 245 Gbit/s by the end of the year, with connected customer capacity rising 16% to 1.6 terabits. At DE-CIX Chennai, traffic increased by more than 70% to 114 Gbit/s, and connected customer capacity by 35% to 1.2 terabits.

“2023 marked an extraordinary year of growth and expansion for DE-CIX India, both in terms of our customer base and geographical footprint. The launch of our fifth IX in Hyderabad not only signifies our commitment to fostering interconnection possibilities but also underscores our strategic focus on key tech hubs. We are immensely thankful for the opportunity to serve and connect communities across the globe, and we remain committed to delivering excellence in interconnection services” said Mr. Sudhir Kunder, Chief Business Officer, DE-CIX India.

“With the continued success and growth of DE-CIX around the world in 2023, we see 2024 as a pivotal point in the history of the company. Twelve years after our first international expansion, we have now built up a crucial geographical presence around the globe to achieve our strategic goals,” comments Ivo Ivanov, CEO, of DE-CIX. “We enable organizations of all types and sizes to provide secure, scalable, and controllable digital experiences for their customers and staff by leveraging the strength and reliability of a global interconnection ecosystem. This has become even more critical for both infrastructure providers and enterprises with the current and sustained boom in AI. The whole realm of innovation demands digital infrastructure networked in a fine mesh to allow data to flow where it is needed. These infrastructures must also be interconnected with the relevant recipients to allow the seamless interweaving of human and artificial intelligence to create societal and economic benefits for people and businesses. At DE-CIX, we are working with our excellent team and our valued partners to make this future a reality.”

In terms of geographical expansion, the interconnection specialist took platforms into operation in a further 14 metro markets in 2023, increasing its reach to more than 50 metro markets globally, spanning North America, Africa, Europe, the Middle East, and Asia. Six DE-CIX-owned IXs (five in the Nordics and one in India) and three DE-CIX as a Service IXs (two in Africa and one in Jordan) were taken live during the year, while two further IXs were launched in Mexico. The first three of DE-CIX’s new model of dedicated Cloud Exchanges were also added to the global footprint during the year, in the USA and Japan. Technical work was also undertaken on a further six platforms, taken live in early 2024.