Equinix - impact of Brexit on tech industry

Equinix

Interview Rick Pijpers -
Marketing Director 

Interview with Marketing Manager Rick Pijpers from Equinix, about the impact of Brexit on the digital industry.
Download the full Brexit 'Should I stay or Should I go' report here. ​

  What will be the biggest impact of Brexit on your business?
  As the leading global colocation data center provider located all around
  the world, including Europe, the impact of Brexit on Equinix is expected to
  be negligible. There might be some decisions that are altered or deferred
  until there is more certainty regarding the exit of the United Kingdom from
  the European Union, but for Equinix there will not be much impact.

What will be the biggest impact of Brexit on your customers?
The ambiguity surrounding Brexit leads to uncertainty, which is unfavorable for companies.
Especially finance and fintech organizations will move (part of) their business to other locations.
We expect digital media and content providers to move part of their business to Amsterdam, the finance industry will to a great extent move to either Frankfurt or Switzerland. The impact of Brexit furthermore depends on the amount of EU rules and regulations to which the UK will conform to. The access to the EU single market and future adequacy with EU privacy laws, are very important determining factors of Brexit’s impact on our customers. The UK might as well choose to go into another direction, for example by strengthening its ties with the United States, which means a bigger disruption of business.

Brexit status report 2017
This interview was published in 'Brexit: Should I stay or should I go' report, published October 12, 2017 by Digital Gateway to Europe. In the report, the possible impact of  Brexit for the tech industry are outlined.

Download the report here for free.