Equinix invests $42m to expand Singapore data centre
Development adds to recent expansions in Melbourne, Tokyo and Hong Kong, as APAC’s cloud hungry businesses demand is predicted to grow even more.
Equinix has unveiled plans to invest $41.8m in the expansion of its SG2 data centre in Singapore as enterprises continue to migrate in mass to cloud based environments.
The build will add 1,400 cabinets and 47,666 sqf of colocation space, bringing the total operational capacity of the International Business Exchange (IBX) data centre to 6,300 cabinets.
Equinix said the expanded capacity of SG2 will address rising market demands for direct connect to cloud service providers – including Amazon Web Services, Oracle Cloud, Microsoft Azure, and Google Cloud Platform – through Equinix Cloud Exchange (ECX).
The SG2 data centre and the two other Equinix data centres (SG1 and SG3) currently serve as a hub for more than 535 companies around the world.
Equinix has in total 29 IBX data centres in Asia-Pacific. Its total global footprint covers 179 IBX data centres across 44 markets.
Clement Goh, managing director, Equinix South Asia, said: “The expansion of SG2 reinforces Singapore’s position as Asia-Pacific’s network hub, a gateway market for businesses looking to expand or make their first move into Southeast Asia.
“By increasing the operational capacity of the data center, customers will have a greater choice for interconnection to thrive at the digital edge in well-established business ecosystems. Furthermore, Equinix has all its Singapore data centres Green Mark certified.”
Also commenting on the expansion, Yu Xuan Ng, industry analyst, digital transformation, Frost & Sullivan, said that Equinix’s strong presence and growing business in APAC can be attributed to its product and go-to-market strategies.
Ng said: “Equinix has focused on investments in Platform Equinix, a colocation and interconnection platform that extends its data centres globally. This serves as a key differentiator enabling its customers to interconnect with one other within a rich business ecosystem.
“The expansion of SG2 in Singapore is truly a testament to Equinix’s strong commitments to growth in the Asia-Pacific region and a result of a strong ecosystem strategy.”