Switch Fedex Agreement
FedEx Corp. (NYSE: FDX) offers customers and businesses around the world a wide range of transportation, e-commerce and business services. With annual revenues of $69 billion, the company offers integrated business solutions through competing operating companies under the prestigious FedEx brand and managed collaboratively. FedEx is one of the world`s most admired and trusted employers and inspires its more than 450,000 team members to continue to focus on safety, the highest ethical and professional standards, and the needs of their customers and communities. To learn more about how FedEx connects people and opportunities around the world, please visit about.fedex.com. This isn`t the first collaboration between Switch and FedEx, as both companies sponsor FIRST® Robotics, founded by Dean Kamen. Kamen, who also worked with FedEx on the development of the FedEx SameDay Bot, was pleased with the deal and said, “It`s very exciting that these two amazing players in the technology infrastructure can come together to achieve superior technology results. And I look forward to continuing our collaboration with both companies on the success of the FIRST Robotics Program. “Switch offers first-class hyperscale data centers for digital enterprises,” said Rob Carter, executive vice president and chief information officer of FedEx Corporation. “With its ability to sustainably operate our digital infrastructure for the next decade, this solution supports our vision for the future of technology evolution, while significantly reducing our network costs for years to come.” FedEx also expects to use the business incentives of Switch`s nevada data centers, including low taxes, low electricity cost, low connectivity cost, low cost of living, and low risk of natural disaster.
“Switch`s core Las Vegas campus offers capabilities to enable decades of future business growth and rapid scale requirements,” the statement continues. FedEx Third Party Consignee International Priority Service (TPC) is our value-added service for customers who do not want to reveal to their recipients the real business value of the shipment. This service makes it possible to deliver shipments to final destination recipients, without a commercial invoice. In 2021, Edge Computing will reach a turning point LAS VEGAS, April 29, 2019 /PRNewswire/ — Switch (NYSE: SWCH), the global technology infrastructure company, hyperscale data oecose for enterprise colocation, developed industry-leading multi-cloud and telecommunications solutions, today announced that FedEx Corp. (NYSE: FDX) has signed a ten-year contract with Switch to serve as a FedEx data center in the western United States. Switch will supply 2.5 MW 100% green electricity in the first year and up to 8 MW for colocation and several telecommunications services until the tenth year. “FedEx, the globally recognized logistics power package to accommodate switch`s customer ecosystem, offers endless opportunities for collaboration and technological advancement around its rapidly growing business portfolio of transportation, e-commerce and business services,” said Rob Roy, founder and CEO of Switch. “It is a great honor for us to make this announcement and marks the beginning of a remarkable relationship with many ways to grow in the years to come.” If the Dell-FedEx-Switch partnership works, you can expect similar alliances, as companies specializing in data centers, 5G, and the cloud collaborate with companies with multiple real estate locations such as malls and logistics companies.