March 22, 2021

Aware Super selects Equinix to transform its IT infrastructure and deliver greater member value

One of Australia’s largest industry funds scales at speed in a hybrid cloud environment to support anticipated business expansion

SYDNEY, Australia – March 23, 2021 Equinix, Inc. (Nasdaq: EQIX), the world’s digital infrastructure company, today announced it has supported Aware Super, one of Australia’s largest industry superannuation funds with more than $130 billion of funds under management, to transform its IT infrastructure to enhance employee and member experience, and align to the organisation’s growth ambitions.

Aware Super has migrated two on-premise data centres into Equinix’s International Business Exchanges™ (IBX®) data centers in Sydney and Melbourne, linking both sites using Telstra’s Programmable Network (TPN), with low-latency, on-demand connectivity to support fluctuating bandwidth demand. By using Equinix Fabric™, Aware Super can also ensure redundancy and quickly interconnect to a hybrid cloud environment and mission critical global financial services, such as trading and investment platforms.

Through this deployment, Aware Super has benefited from a sharp decline in resources spent maintaining its traditional IT environment and reduced data replication time from days to just minutes. This means the organisation can scale at speed while integrating two key superannuation funds it merged with in 2020, VIC Super and WA Super, adding thousands to its employee and member base with minimal disruption to its current operations.

With more than 1.1 million members and clients, Aware Super has reduced the incidence of infrastructure component failures by 24%, delivering better employee and member experiences and managing on-demand increases to compute and storage requirements as the need arises, with minimum downtime.

By leveraging Equinix’s digital infrastructure in Sydney and Melbourne with TPN, Aware Super has built a network, data centre and cloud strategy that saves resources and is focused on supporting business growth instead of infrastructure. This robust architecture keeps everyone connected, with many employees continuing to work from home and members checking their fund performance via the web or mobile application. 

Highlights / Key Facts

  • Aware Super, rebranded from First State Super in September 2020, is one of Australia’s largest industry funds providing superannuation, advice and retirement solutions to members in health care, education, aged cared and disability support, public sector and police, fire and emergency services.
  • Aware Super merged with VicSuper and WA Super in 2020 and together manage more than $130 billion in savings for more than 1 million members located across Australia. All profits are returned to members.
  • Working with Equinix and Telstra, Aware Super has successfully transformed its IT environment that benefits employees and members. It consolidated its network infrastructure with TPN and moved to Platform Equinix®. This addressed previous data replication challenges and enables scale and agility based on business demands.
  • To meet performance, scale and flexibility needs, Equinix Fabric™ allows Aware Super to seamlessly connect with Microsoft Azure and simultaneously interconnect with providers of critical trading and investment platforms that connect using Equinix Fabric. This on-demand, SDN-enabled interconnection service that allows any business to connect between its own or other company’s distributed infrastructure on Platform Equinix, simplified digital infrastructure to bring together and interconnect the core foundational elements that power Aware Super’s business growth aspirations.
  • Equinix's IBX data centres in Sydney and Melbourne are part of Platform Equinix that spans all six of Australia's top markets and 63 metros worldwide. The IBX facilities in Sydney and Melbourne connect directly to multiple network providers and the Australia Singapore Cable (ASC). Vendor-agnostic, Platform Equinix offers rich interconnection opportunities with IT, network and cloud providers via Equinix Fabric.
  • According to the Global Interconnection Index Volume 4 (GXI), an annual market study published by Equinix, overall interconnection bandwidth (the measure of private connectivity for the transfer of data between organisations) in the Asia-Pacific region is expected to grow at a 47% CAGR. Cloud & IT Services are to lead the growth in this region, reaching an anticipated 1,374 Tbps by 2023, which is 29% more than the next largest region, North America. This growth is anticipated to occur across several industry sectors including FSI, healthcare & life sciences and government & education, as organisations prioritise digital initiatives.
  • Equinix's global platform currently includes more than 220 data centres across 63 metros. In Asia-Pacific, Equinix’s data centre footprint spans across key metros in Australia, China, Hong Kong, Japan, Korea and Singapore.

Quotes

  • Dominic Borg, Head of IT Delivery, Aware Super

“We knew that to deliver successfully, we had to strip away all the traditional barriers of the past and build out a network, data centre and cloud strategy that aligns with our ambitious growth strategy. Reflecting on the COVID-19 world we live in now feels like we made the right business decisions to work with Equinix and Telstra that will help us to deliver scale benefits to our members.”

  • Sanjay Nayak, Global Connectivity & Platforms Executive, Telstra

“We are pleased to collaborate with Equinix to provide our long-time customer, Aware Super, with a secure, flexible and on-demand, scalable network. The Telstra Programmable Network will help Aware Super further digitise their infrastructure and leverage the cloud to support their growth ambition and their goal to give their employees and members more enhanced digital experiences.”

  • Guy Danskine, Managing Director, Equinix Australia

“Aware Super, as one of Australia’s largest industry funds, prides itself on driving better outcomes for its members, their families and communities. To align to that purpose this digital transformation project reflects the organisation’s ambitions to invest in digital capability and infrastructure that both enhances employee and member experience, and supports future business growth.”

Additional Resources

About Equinix

Equinix (Nasdaq: EQIX) is the world’s digital infrastructure company, enabling digital leaders to harness a trusted platform to bring together and interconnect the foundational infrastructure that powers their success. Equinix enables today’s businesses to access all the right places, partners and possibilities they need to accelerate advantage. With Equinix, they can scale with agility, speed the launch of digital services, deliver world-class experiences and multiply their value.

Forward Looking Statements

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 centres and developing, deploying and delivering Equinix products and solutions, unanticipated costs or difficulties relating to the integration of companies we have acquired or will acquire into Equinix; a failure to receive significant revenues from customers in recently built out or acquired data centres; a 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; risks related to our taxation as a REIT; 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.

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Media Contacts (Asia-Pacific)
Annie Ho
Equinix
+852 2970 7761
annho@ap.equinix.com

Media Contact (Australia)
Graham White
Pratar
+61 404 840 533
graham@pratar.com.au