Equinix expands further in Singapore via fifth IBX data center
Digital infrastructure provider Equinix Inc (NASDAQ:EQIX) today announced the expansion of Platform Equinix with its fifth International Business Exchange (IBX) data center in Singapore, to be named SG5.
With an initial investment of US$144 million in the first phase, the purpose-built facility will meet growing demand for cloud connectivity for enterprises as they transform digitally. SG5 is scheduled to open in the first half of 2021, providing an initial capacity of more than 1,300 cabinets in the first phase.
The addition of the SG5 IBX to Platform Equinix will provide essential digital infrastructure support and global connectivity that will enable enterprises to build and expand their cloud ecosystems to fast-track their digital advantage.
The first phase of SG5 will have a capacity of 1,300 cabinets and approximately 18,400 square feet (1,710 square meters) of colocation space. At full buildout, the facility is targeted to provide approximately 5,000 cabinets, with a total colocation space of close to 129,000 square feet (12,000 square meters).
The new purpose-built, nine-story facility will be located at the Tanjong Kling data center park. This will strengthen Equinix’s cross-island presence and location diversity, with four of Equinix’s current IBX data centers strategically spread across the island.
SG5 will be directly connected to the four existing Equinix IBX data centers in Singapore via low-latency dark fiber links and will enable customers to securely interconnect with more than 705 companies in the market. Customers will be able to choose from a broad range of network services from over 200 providers, and interconnect directly to customers and partners in their digital supply chain.
Through Equinix Fabric, customers can connect to cloud on-ramps to set up direct connectivity with international and local cloud service providers including AWS, Google Cloud and Microsoft Azure. Equinix has over 40% private cloud on-ramps in markets where it operates, including Singapore, and has twice as many metros with multicloud on-ramps compared to the market.
Today, the global footprint of Platform Equinix spans more than 220 IBX data centers across 63 metros, providing digital infrastructure for more than 9,500 of the world’s leading businesses. In Asia-Pacific, Equinix currently has 46 IBX data centers in key metros across Australia, China, Hong Kong, Korea, Japan and Singapore. Equinix also recently announced its plan to build OS3 in Osaka, Japan, and PE3 in Perth, Australia.