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,
Singaporeis 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 Singaporeand the Asia-Pacific region. This expansion is in line with the steady growth of the company's leading global interconnection platform, in which Equinixhas invested more than $7.5 billionover the last 16 years.
- SG3 is
Equinix'slargest 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
Fujitsuhave direct access to Equinix'snetwork-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 Singaporedata 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
$54Mcommitment 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'smost 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'sbusiness 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.
Clement Goh, managing director, Equinix South Asia:
Singaporeis 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'svision 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 Fujitsuensure that they are in a solid position to support their customers' needs.
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
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