REDWOOD CITY, Calif.,
June 2, 2021 /PRNewswire/
-- Equinix, Inc. (Nasdaq: EQIX), the world's digital
infrastructure company™, today announced the ability to serve more
enterprise partners and customers with its newest International
Business Exchange™ (IBX®) data center in
Silicon Valley, located at its Great Oaks campus in San Jose. The $142M facility, named SV11, is expected to open
June 30, 2021, and will support the
increasing demand from organizations for premium data center
services to accelerate business performance and drive their digital
transformation agendas.
SV11 is targeting LEED Silver certification with an ultra-low
design average annual Power Usage Effectiveness (PUE) of 1.17. SV11
customers can benefit from reductions of
their CO2 footprint through Equinix's
renewable energy procurement strategy and the use of
energy-efficient systems throughout the
facility. Additionally, with expansion of the current Bloom
Energy fuel cells, the campus is planned for 20 megawatt (MW) of
capacity, and will be the first time Equinix will use the system as
primary generation with utility electrical grid and generators as
backup sources. This continues Equinix's exploration of alternative
fuel sources for both energy reliability and sustainability.
"Digital transformation continues to accelerate at an
unprecedented rate," said Jon
Lin, President, Americas, Equinix. "In fact, 47% of
respondents in a recent Equinix
survey of enterprise IT
decision-makers said they have accelerated their digital
transformation plans. SV11 is another example of our
commitment to provide our customers with the right places, partners
and possibilities for their digital transformations now and in the
future."
Equinix data centers in the Silicon Valley region are the
business hub for more than 700 customers, and Silicon Valley
represents the third-largest colocation metro in the Americas
region and ninth globally. With the addition of SV11, Equinix has
invested more than $1.25B in the
local economy including its Great Oaks campus and has additional
land in the area for future expansion, as demand arises. These
facilities house rich ecosystems that allow network and content
providers, cloud and IT service providers, and enterprise customers
to quickly and efficiently exchange critical business data with
their customers and partners through interconnection.
According to Stefanie
Williams, Senior Research Analyst for 451, part of S&P
Global Market Intelligence, "The multi-tenant data center industry
in Northern California has
continued to see steady demand over the past several years, and
this growth will be ongoing for the near future. IT firms of all
kinds – from cloud and software to gaming – are driving the demand
for connectivity and the ability to be in close proximity to
clouds, partners and users. Equinix is expanding its presence in
Silicon Valley to meet these potential customer requirements for
digital infrastructure, while focusing on designing and operating a
facility in line with its internal sustainability
objectives."
Interconnection—the ability to privately exchange information
between businesses versus over the public internet—is paramount for
companies in the Silicon Valley campus. In fact, according to the
Global Interconnection Index, a market study published recently by
Equinix, the United States is the
largest and most advanced region for interconnection bandwidth
growth, contributing 41% of all the interconnection bandwidth of
the world, and is predicted to grow with a 43% CAGR between 2019
and 2023. Silicon Valley represents one of the top four data
center markets in terms of annualized revenue in the U.S. behind
North Virginia and the
New York/New Jersey markets, and Dallas.1 The metro is
predicted grow fastest in the US in terms of interconnection
growth, with a 46% CAGR in the same period.
Highlights/Key Facts
- SV11 is a two-story, state-of-the-art data center designed to
deliver both small- and large-capacity deployments. The innovative,
modular construction incorporates Equinix's Flexible Data Center
(FDC) principles, which leverage common design elements for space,
power and cooling to reduce capital costs while ensuring long-term
maintenance predictability. The initial phase of SV11 will add more
than 61,000 square feet (5,667+ square meters) of colocation
space—and provides campus cross-connectivity into SV1, SV5 and
SV10, making it an ideal home for customers looking to interconnect
to key network and cloud service providers. Initially, it will
include space for 1,450 cabinets, with space for additional
cabinets in future phases. At full build, the facility will provide
capacity for 2,950 cabinets.
- Equinix is a leader in data center sustainability and in
greening the supply chains of its customers. Equinix's long-term
goal of using 100% clean and renewable energy for its global
platform has resulted in significant increases in renewable energy
coverage globally including 100% renewable throughout the United States. Equinix has continued to
make advancements in the way it designs, builds and operates its
data centers with high energy-efficiency standards.
- With the opening of SV11, Equinix will now operate fourteen
Silicon Valley data center sites. The addition of
SV11—located adjacent to SV1, SV5 and SV10—provides additional
capacity to meet the growing need for interconnection, multicloud
deployments and connectivity to a broad range of network, cloud and
content services offered on platform Equinix.
- By utilizing Equinix Metro Connect®, customers in
SV11 can also easily and directly connect with customers in other
Equinix IBX data centers in Silicon Valley. Additionally, Equinix
Silicon Valley data centers provide low-latency routes to key metro
areas such as Seattle,
Denver and Los Angeles.
- Equinix offers platform services, helping to enable the
consumption of digital infrastructure and accelerating digital
transformation for new and existing customers. Equinix Silicon
Valley data centers offers customers access to:
-
- Equinix Fabric™, an on-demand platform that enables Equinix
customers to discover and dynamically connect to any other customer
across any Equinix location globally. Equinix Fabric offers access
to more than 2,500 of the world's largest enterprises, cloud
service providers (including Alibaba
Cloud, Amazon Web Services, Google Cloud Platform, IBM
Cloud, Microsoft Azure and Oracle Cloud) and SaaS providers
(including Salesforce, SAP and ServiceNow, among others).
- Equinix Metal™, a fully automated and interconnected bare
metal service. With new service, companies have the option to
deploy the physical infrastructure of their choice at software
speed across Equinix's trusted platform. Together with other
digital infrastructure building blocks in the Equinix portfolio,
customers now have a broad range of physical and virtual deployment
alternatives to place infrastructure wherever they need it and
connect to everything they need to succeed.
Additional Resources
- SV11 Site
Photos - [blog]
- Silicon Valley: The Hub of Western
North America - [blog]
- Equinix Silicon Valley Data Centers -
[website]
- Equinix Corporate Sustainability -
[website]
About Equinix
Equinix (Nasdaq: EQIX) is the
world's digital infrastructure company, enabling digital leaders to
harness a trusted platform to bring together and interconnect the
foundational infrastructure that powers their success. Equinix
enables today's businesses to access all the right places, partners
and possibilities they need to accelerate advantage. With Equinix,
they can scale with agility, speed the launch of digital services,
deliver world-class experiences and multiply their value.
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 data centers and developing, deploying and
delivering Equinix products and solutions, unanticipated costs or
difficulties relating to the integration of companies we have
acquired or will acquire into Equinix; a failure to receive
significant revenues from customers in recently built out or
acquired data centers; a 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; risks related to our taxation as a REIT; and other risks
described from time to time in Equinix filings with the Securities
and Exchange Commission. In particular, see recent Equinix
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.
1 Source: 451 Research, part of S&P Global Market
Intelligence – Datacenter KnowledgeBase, Q4 2020
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SOURCE Equinix, Inc.