The opening of TR2 is part of a larger global expansion for
Highlights / Key Facts
Torontois Canada'sfinance and business capital, generating $286Bannually and representing approximately 20 percent of Canada'sGDP1. Rated as one of the top 10 global cities with economic clout2, and one of the top three cities in the Americasfor economic potential and infrastructure3, Torontoprovides an ideal business environment for companies looking for a competitive edge. Furthermore, Toronto'sfinancial services sector is the largest in Canadaand the fastest growing in North America.
- Centrally located at the corner of
Front Streetand Parliament Streetin Toronto, TR2 offers interconnections among global enterprises, cloud and network service providers and financial services companies, to name a few. Today TR2 provides connections to 60+ network service providers and the ability to interconnect directly to more than 155 companies that have colocated with Equinixin Torontovia TR1, Equinix'soriginal Torontodata center.
- The TR2 IBX data center has approximately 34,000 square feet (3,158 square meters) of colocation space in its initial phase with 675 cabinets available to customers.
Equinixhas invested $42Min the site to date and estimates that it will invest over $100Mto fully build out the facility in five phases in the coming years. At full build the IBX will have approximately 106,000 square feet (9,847 square meters) of colocation space and 2,500 cabinets.
- Both TR1 and TR2 are on multiple fiber routes with diverse routes in and out of
Toronto, enabling highly reliable, high-performance connectivity for mission critical applications. Additionally, the proximity of the Equinix Toronto data centers to the United Statesoffers enterprises a strategic location for business continuity and disaster recovery operations. Equinixis home to one of the most robust electronic trading ecosystems in Canadaand the two Equinixdata centers in Torontoinclude more than 30 financial firms including five of the top eight Canadian electronic trading platforms. This ecosystem includes alternative trading systems, market data feeds, risk management service providers, algorithmic trading engines and banks.
- With more than 147,000 interconnections already established among its customers,
Equinixis the world's leading global interconnection platform. Today, companies leverage a platform of more than 100 data centers on five continents, their choice of more than 1,000 network and cloud service providers and access to mature ecosystems to accelerate their business.
Bill Sandiford, executive director, Toronto Internet Exchange:
Drew Izzo, chief marketing officer, OANDA:
"For us it's about providing infrastructure to develop more innovative technologies for OANDA. Providing a greatly enhanced disaster recovery site is essential, in the event that our main datacenter has a catastrophic issue. We count on
- Karl Strohmeyer, president, Equinix Americas:
"Our new state-of-the-art data center, TR2, combines superior network density, best-in-class design and direct access to diverse routes in and out of the metro for mission critical applications. Leading companies are accelerating their business across Platform Equinix and TR2 extends this opportunity in a top international market."
- Equinix Accelerates Interconnected Era with Global Launch of Five New Data Centers [Press release]
- History of Interconnection – part 4 [blog]
- Platform Equinix Drives Business Innovation [video]
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
International Business Exchange is a trademark of
2 PwC Cities of Opportunities Report, 2014
3 fDi North American Cities of the Future, 2013/14
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