DE-CIX significantly increased its global revenue and data exchange via its more than 50 Internet and Cloud Exchanges in the 2023 financial year.

The annual revenue generated by the group companies totalled EUR 63 million in 2023, which is EUR 8 million (+14 %) above the 2022 result.

Following the trend of previous years, the connected customer capacity also grew by 14 % to more than 140 terabits. Over 3,600 networks were connected to DE-CIX at the end of 2023.

Global data traffic totalled almost 60 exabytes over the course of the year, an increase of 23 %. At peak times, more than 16 terabits per second (Tbit/s) flowed through DE-CIX Frankfurt, the largest Internet Exchange in Europe.

The global data throughput reached its annual high of 22.36 Tbit/s on the evening of 8 November 2023 – coinciding with the 4th matchday of the UEFA Champions League.

DE-CIX also won the Global Carrier Award for Best Internet Exchange Operator in 2023. Since the award was introduced in 2015, DE-CIX has received the award eight times in recognition of its forward-looking and technologically advanced services.

The management team: Ivo Ivanov (CEO), Sebastian Seifert (CFO),
Dr. Thomas King (CTO) and Christian Reuter (CSO).

In 2023, DE-CIX expanded its global presence by 14 metro markets to over 50 locations from North America to Africa, Europe, the Middle East and Asia.

The new locations included a total of five in Northern Europe (two in Denmark, two in Norway and one in Finland), one in India, two in Africa and one in Jordan (the last three in the “DE-CIX-as-a-Service” franchise model).

In addition, two DE-CIX locations were opened in Mexico. For the first time, three Cloud Exchanges were added to the DE-CIX business model in 2023. These were taken into operation in Tokyo, Osaka and Seattle.

Demand for DE-CIX services for enterprises was particularly strong in the past financial year. The number of cloud connections increased by 50 % compared to the previous year. At the end of the financial year, customers had booked almost 4 terabits of capacity to exchange data with their respective clouds.

The expansion of the global DE-CIX backbone network from Seattle to Tokyo allows enterprises and organisations to use DE-CIX’s global interconnection infrastructure and the corresponding cloud and interconnection services.

Ivo Ivanov, CEO DE-CIX, and Alejandro Rios, CTO KIO,
at the opening ceremony of DE-CIX Mexico.

Around 40 exabytes of data were exchanged at DE-CIX Frankfurt, the largest Internet Exchange in Europe and one of the largest in the world, with this entailing around a quarter more in 2023 than in 2022. DE-CIX in Frankfurt also introduced the latest generation of 100G LR-1 optical transceivers and migrated more than 1,000 of its customers’ access ports to the latest SR14s FP5-based routers from Nokia. The  migration was necessary to meet the high demand for 100GE and 400GE access ports.

With a total of almost 500 connected networks and an infrastructure distributed across 13 data centres, the DE-CIX Internet Exchanges in Madrid, Barcelona, Marseille, Lisbon and Palermo form the largest neutral interconnection ecosystem in Southern Europe. The connected customer capacity in the region increased by 31 % to 12 terabits. Compared to 2022, DE-CIX Madrid increased data throughput by 44 % to 1.5 Tbit/s at peak times. This was no different in Marseille, where peak traffic reached around 350 Gbit/s (an increase of 35 % compared to the previous year).

DE-CIX North America operates the largest neutral interconnection ecosystem on the continent, with its five Internet Exchanges in New York, Dallas, Chicago, Phoenix and Richmond, as well as the dedicated Cloud Exchange in Seattle, which was established in 2023.

The number of connected networks in the North American region enjoyed double-digit growth to reach a total of 500, while connected customer capacity increased by 27 % to almost 25 terabits.

At DE-CIX New York, the largest neutral IX in the Northeast of the USA, peak traffic grew by 22 % to 1.6 Tbit/s. With 280 connected networks, the capacity at DE-CIX New York increased by 16 % to 14 terabits. This location celebrates its 10th anniversary in 2024.

The trend at DE-CIX Dallas was no different: data throughput at peak times rose by 43 % to 897 Gigabits per second (Gbit/s). With 150 networks at DE-CIX Dallas, capacity increased by 33 % to over 7 terabits. At DE-CIX Chicago, the connected customer capacity grew by 55 % to 2.3 terabits. In addition, the number of connected networks increased by 50 % to a total of 48 at the end of the year. Another highlight: the new DE-CIX locations in Mexico City and Queretaro were inaugurated in November 2023.

In 2023, further new locations were added to the existing Internet Exchanges UAE-IX powered by DE-CIX (Dubai) and DE-CIX Istanbul. While the Aqaba-IX powered by DE-CIX went live in 2023, DE-CIX finalised all preparations to put the following into operation: IRAQ-IXP powered by DE-CIX, as well as Pakistan Internet Exchange (PIE) powered by DE-CIX. This was completed at the beginning of 2024.

In 2023, the connected customer capacity in the region grew by 16 % to more than 6 terabits. The number of connected networks also increased by 25 % to almost 180.

In 2023, peak traffic at UAE-IX powered by DE-CIX grew by 53 % to 598 Gbit/s. No other IX in the Middle East has achieved such a peak throughput. 105 connected networks make the IX the largest in the region.

One significant event was the connection between UAE-IX powered by DE-CIX and SmartHub IX Fujairah, creating a seamlessly integrated national ecosystem for the first time. DE-CIX Istanbul also continued its successful growth, increasing the number of connected networks by 15 %.

DE-CIX India grew in several ways in 2023. In addition to Mumbai, Delhi, Chennai and Kolkata, DE-CIX opened its fifth Internet Exchange in Hyderabad on the subcontinent.

The customer capacity connected to the Indian platform increased by 18 % to almost 10 terabits in 2023 and recorded more than 600 connected networks in 2023.

DE-CIX Mumbai achieved peak traffic of 1.5 Tbit/s, an increase of 32 %. In addition, the connected customer capacity grew by 14 %.

This was no different at DE-CIX Delhi, where data throughput at peak times rose by 24 % to 245 Gbit/s and customer capacity by 16 % to 1.6 terabits at the end of the year.

At DE-CIX Chennai, data traffic also grew by more than 70 % to 144 Gbit/s and the connected capacity by 35 % to 1.2 terabits.

In 2023, the number of connected networks across Southeast Asia grew by 21 % to a total of 86, while connected customer capacity increased by 44 % to 1.9 Terabits. This was no different in the Singapore and Johor Bahru metro market, where capacity reached a new high of 1.3 Terabits, an increase of 63 % compared to 2022. DE-CIX also expanded its presence in Asia in the 2023 financial year with two cloud exchanges in Tokyo and Osaka (Japan).