REDWOOD CITY, Calif. and
SINGAPORE, Aug. 4, 2015 /PRNewswire/ -- Equinix,
Inc. (Nasdaq: EQIX), the global interconnection and data
center company, today announced the second phase expansion of its
third International Business Exchange™ (IBX®) data center in
Singapore, known as SG3. When
complete, phase two of SG3 will see an additional 2,000 cabinets,
bringing its total operational capacity to 3,000 cabinets. This
brings Equinix's total investment in Singapore to over $350M. The second phase expansion is an indicator
of Equinix's continued commitment to the region, where market
demand for leading data center services from cloud and financial
sectors is growing.
Since March, Equinix has opened five new data centers across
four continents with locations in New
York, Singapore,
Melbourne, London, and Toronto. This has not only greatly expanded
Equinix's global footprint, but the increased capacity also
strengthens its ability to help global companies connect directly
to a large network of partners, customers and employees. With more
and more businesses collaborating across borders and a range of
platforms, Equinix is a key proponent of the interconnected era
and, together with the Equinix Cloud Exchange, is bringing people
and businesses closer together to accelerate business growth.
Highlights / Key Facts
- With growing demand for interconnected data center facilities
and managed services from the enterprise, financial services,
network operators, cloud and IT sectors, Singapore is a key regional hub and a desired
location for cloud service providers and major multinational
enterprises.
- The continued expansion of SG3 will further
extend Platform Equinix™ to cater to the increased demand for
premium interconnection and data center services in Singapore and the Asia-Pacific region. This expansion is in line
with the steady growth of the company's leading global
interconnection platform, in which Equinix has invested more than
$7.5 billion over the last 16
years.
- SG3 is Equinix's largest data center facility in Asia-Pacific. The purpose-built facility has a
gross floor area of approximately 385,000 square feet, which can
accommodate approximately 5,000 cabinets at full build; 1,000 of
which were available in the first phase, increasing by a further
2,000 cabinets in the second phase.
- By deploying in SG3, customers like Fujitsu have direct access
to Equinix's network-dense ecosystem of more than 1,000 networks
globally, over 190 of which are directly accessible in Singapore. This provides customers with access
to a large marketplace of over 6,300 potential customers and
partners across more than 100 data centers worldwide, and over
160,000 interconnections, generating revenue opportunities and
reducing time-to-market.
- In the Forrester Research, Inc. report, "Strategically Locate
Your Next Data Center," the firm analyzes the challenges that
enterprises face when looking to reduce application latency,
improve end-user experiences and service, and provide direct
connectivity to cloud services. As a result, enterprises are
increasingly turning to data center colocation environments for
instant interconnection with partners, employees and customers,
which are becoming essential to their ability to compete and
succeed in the digital economy. Equinix's Singapore data centers have a high
interconnection rate, with more than 12,200 interconnections
between businesses in this country alone.
- The second phase expansion of SG3 is a $54M commitment to customers and prospective
customers within the region. With three data center facilities
located in close proximity, the second phase expansion of SG3, will
provide increased capacity and network opportunities for new
companies to join in and gain direct access to SG1, which is
Singapore's most network-dense
data center. This is through the dedicated fiber network
interconnecting both data centers at low latency. The second phase
expansion of SG3 also means that existing customers in SG1 have
added capacity to easily scale when required, ensuring
high-performance, network reliability, redundancy, and low
latency.
- Cloud and IT service providers account for a quarter of
Equinix's business and is the fastest growing segment for the
company. By housing IT infrastructure in SG3, the only
carrier-neutral facility in Singapore, businesses are able to expand their
cloud and data capabilities rapidly as data consumption and content
volume continue to increase.
Quotes
- Clement Goh, managing
director, Equinix South Asia:
"Singapore is en-route to becoming a Smart
Nation, integrating all aspects of technology into a coherent and
cohesive whole to improve the way people live, work and play. We
hope to support Singapore's vision
by providing our customers with direct access to established
business ecosystems. Increasingly companies see great
potential in multi-cloud access and the importance of a strong,
reliable, yet flexible solution. SG3 phase two was launched to help
companies like Fujitsu ensure that they are in a solid position to
support their customers' needs.
About Equinix
Equinix, Inc. (Nasdaq: EQIX) connects
the world's leading businesses to their customers, employees and
partners inside the most interconnected data centers. In
33 markets across five continents, Equinix is where companies come
together to realize new opportunities and
accelerate their business, IT and cloud strategies.
www.equinix.com.
Forward Looking Statements
This press release contains forward-looking statements that
involve risks and uncertainties. Actual results may differ
materially from expectations discussed in such forward-looking
statements. Factors that might cause such differences include, but
are not limited to, the challenges of acquiring, operating and
constructing IBX centers and developing, deploying and delivering
Equinix services; unanticipated costs or difficulties relating to
the integration of companies we have acquired or will acquire into
Equinix; a failure to receive significant revenue from customers in
recently built out or acquired data centers; failure to complete
any financing arrangements contemplated from time to time;
competition from existing and new competitors; the ability to
generate sufficient cash flow or otherwise obtain funds to repay
new or outstanding indebtedness; the loss or decline in business
from our key customers; and other risks described from time to time
in Equinix's filings with the Securities and Exchange Commission.
In particular, see Equinix's recent quarterly and annual reports
filed with the Securities and Exchange Commission, copies of which
are available upon request from Equinix. Equinix does not assume
any obligation to update the forward-looking information contained
in this press release.
Equinix and IBX are registered trademarks of Equinix, Inc.
International Business Exchange is a trademark of Equinix,
Inc.
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SOURCE Equinix, Inc.