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Cyxtera Technologies Inc   (CYXT)
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Cyxtera Technologies Inc 's

Competitiveness


 

CYXT Sales vs. its Competitors Q1 2023



Comparing the current results to its competitors, Cyxtera Technologies Inc reported Revenue increase in the 1 quarter 2023 by 7.84 % year on year.
The revenue growth was below Cyxtera Technologies Inc 's competitors' average revenue growth of 13.65 %, achieved in the same quarter.

List of CYXT Competitors





Revenue Growth Comparisons




Net Income Comparison


Cyxtera Technologies Inc , slower than the average decrease reported by the company's competitors of -95.67 %. recorded a net loss and most of the company's competitors saw a decline in earnings by -95.67 %

<<  CYXT Stock Performance Comparisons


Cyxtera Technologies Inc 's Comment on Competitors and Industry Peers


We compete with numerous providers of data center and interconnection services. Many of these companies own or operate data centers similar to ours in the same markets in which our data centers are located. Certain of our data center competitors include Digital Realty Trust, Inc., Equinix, Inc. and Switch, Inc. as well as several privately held data center services providers. We believe that we are differentiated from most competitors in the retail data center industry because we offer a true platform with the large scale and geographic reach of our data center portfolio, density of our interconnection platform ? which creates an ecosystem where our customers can easily connect to other enterprises and business partners ? and innovative, software-defined technologies that increase the value proposition for customers by making it easier for them to address their hybrid IT infrastructure needs.



  

Overall company Market Share Q1 2023

Revenue in Overall company grew by 7.84 %, less than Cyxtera Technologies Inc peers within this division.
<<  More on CYXT Market Share.
 
*Market share is calculated based on total revenue.





Who are Cyxtera Technologies Inc 's Competitors?




Godaddy Inc
Share Performance



+60.56%
One Year



Godaddy Inc
Profile

GoDaddy Inc is a domain registrar and web hosting company that operates on a subscription-based business model. It primarily generates revenue by selling domain names, hosting services, website builders, and various other online services to individuals and businesses. The company focuses on providing user-friendly and affordable solutions to empower customers in establishing their online presence.

More about Godaddy Inc 's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 17,261.032 mill. $ 4,193.700 mill. $ 355.300 mill.


Digitalocean Holdings Inc
Share Performance



-1.01%
30 Days



Digitalocean Holdings Inc
Profile

simplifies cloud computing so that developers and businesses can spend more time building software that changes the world

More about Digitalocean Holdings Inc 's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 3,796.400 mill. $ 691.917 mill. $ 19.409 mill.


Squarespace Inc
Share Performance



-1.34%
30 Days



Squarespace Inc
Profile

is an all-in-one platform with everything to sell anything, providing customers in over 200 countries and territories with all the tools they need to sell physical products, digital content, classes, appointments, reservations and more

More about Squarespace Inc 's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 4,585.656 mill. $ 1,011.816 mill. $ -7.081 mill.


Bigcommerce Holdings Inc
Share Performance



-21.09%
This Quarter



Bigcommerce Holdings Inc
Profile

is leading a new era of ecommerce. Our software-as-a-service (?SaaS?) platform simplifies the creation of beautiful, engaging online stores by delivering a unique combination of ease-of-use, enterprise functionality, and flexibility

More about Bigcommerce Holdings Inc 's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 536.002 mill. $ 296.866 mill. $ -94.475 mill.


Digital Realty Trust inc
Share Performance



+4.53%
This Quarter



Digital Realty Trust inc
Profile

Digital Realty Trust Inc operates a business model focused on owning, acquiring, and managing data centers worldwide. They provide physical infrastructure and associated services to companies in the technology industry, enabling them to house and manage their critical information technology systems and network operations.

More about Digital Realty Trust inc 's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 42,638.979 mill. $ 5,477.061 mill. $ 950.312 mill.


Equinix Inc
Share Performance



+4.92%
This Year



Equinix Inc
Profile

Equinix Inc's business model revolves around providing global data center and interconnection services to businesses and organizations.

More about Equinix Inc 's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 79,939.794 mill. $ 8,188.136 mill. $ 968.980 mill.


Switch Inc
Share Performance



+21.67%
This Year



Switch Inc
Profile

Switch Inc is a technology infrastructure company that focuses on providing data centers, colocation services, and advanced connectivity solutions. Their business model revolves around offering reliable and secure facilities for storing and managing large amounts of data, catering to the needs of enterprises and other organizations. With their innovative and energy-efficient designs, Switch Inc aims to offer efficient data center solutions that enable seamless operations and high-performance computing capabilities.

More about Switch Inc 's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 5,301.147 mill. $ 668.646 mill. $ 385.982 mill.


Applied Digital Corporation
Share Performance



-4.66%
30 Days



Applied Digital Corporation
Profile

Applied Blockchain Inc's business model revolves around providing blockchain solutions and services to clients. They focus on leveraging the power of blockchain technology to help businesses improve their processes, enhance security, and create innovative solutions. Their expertise lies in developing customized blockchain applications, integrating blockchain into existing systems, conducting blockchain research, and providing comprehensive consulting services.

More about Applied Digital Corporation's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 493.484 mill. $ 126.870 mill. $ -37.476 mill.


Canaan Inc
Share Performance



-37.96%
This Year



Canaan Inc
Profile

Canaan Inc is a Chinese company that specializes in the design and sale of blockchain technology and application-specific integrated circuit (ASIC) processors used for cryptocurrency mining. Their business model involves manufacturing and selling these high-performance mining machines to customers in the global cryptocurrency market.

More about Canaan Inc 's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 3,454.375 mill. $ 634.882 mill. $ 70.514 mill.



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