DE-CIX Reports 14% Revenue Growth, Reaches €63 Million in 2023

DE-CIX, a leading Internet Exchange, reports 14% revenue growth to €63 million in 2023, driven by increasing demand for internet exchange services. The company's Frankfurt Internet Exchange achieves a peak traffic speed of over 16 Terabits per second, with global peak traffic reaching 22 Tbit/s.

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Nitish Verma
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DE-CIX Reports 14% Revenue Growth, Reaches €63 Million in 2023

DE-CIX Reports 14% Revenue Growth, Reaches €63 Million in 2023

DE-CIX, a leading Internet Exchange, has reported impressive financial results for 2023, with revenue growing by 14% to reach €63 million. This significant growth is driven by the increasing demand for internet exchange services in various regions, including Frankfurt, India, and others.

Why this matters: The growth of DE-CIX's internet exchange services has a direct impact on the global digital economy, enabling faster and more reliable data exchange across the globe. As the demand for high-speed internet connectivity continues to surge, DE-CIX's infrastructure plays a critical role in supporting the growth of cloud services, video streaming, and the Internet of Things (IoT).

The company's Internet Exchange in Frankfurt, Germany, achieved a remarkable peak traffic speed of over 16 Terabits per second (Tbit/s). Moreover, the global peak traffic across DE-CIX's interconnected platforms rose to an impressive 22 Tbit/s, showcasing the company's ability to handle massive amounts of internet traffic.

In addition to the impressive traffic speeds, DE-CIX's connected customer capacity has exceeded 140 terabits. This substantial capacity underscores the company's robust infrastructure and its capability to accommodate the ever-growing demand for internet connectivity worldwide.

DE-CIX operates several internet exchange points globally, with its Frankfurt location being one of the world's largest. The company's success in Frankfurt, along with its expanding presence in India and other regions, has significantly contributed to its remarkable performance in 2023.

As the demand for reliable and high-speed internet connectivity continues to surge, driven by the increasing adoption of cloud services, video streaming, and the Internet of Things (IoT), DE-CIX is well-positioned to capitalize on this growth. The company's state-of-the-art infrastructure, coupled with its strategic global presence, enables it to provide seamless connectivity to businesses and organizations worldwide.

DE-CIX's impressive financial results and traffic growth in 2023 demonstrate the company's strong position in the internet exchange market. With its global peak traffic reaching 22 Tbit/s and connected customer capacity exceeding 140 terabits, DE-CIX continues to solidify its role as a key enabler of the digital economy, facilitating the seamless exchange of data across the globe.

Key Takeaways

  • DE-CIX's revenue grows 14% to €63 million in 2023.
  • Frankfurt Internet Exchange reaches 16 Tbit/s peak traffic speed.
  • Global peak traffic across DE-CIX's platforms reaches 22 Tbit/s.
  • Connected customer capacity exceeds 140 terabits.
  • DE-CIX solidifies its role as a key enabler of the digital economy.