Highlights / Key Facts
The new TY4 IBX
data center will be launched in two phases, providing total
capacity of 750 cabinet equivalents. The first phase, scheduled to
open in the third quarter of 2013, will offer initial capacity of 450
cabinet equivalents. TY4 will have direct fiber connectivity to
Equinix'sthree other IBX data centers in the city, which will further facilitate customer interconnections.
Japanis experiencing high demand for data center services. According to research by International Data Corporation(IDC), the data center outsourcing market in Japanwill reach a size of 1.4 trillion yen( US$20 billion) in 2015. The market will have a compound annual growth rate (CAGR) of 8.6 percent between 2010 and 2015. In addition, the colocation market in Japanwill have a CAGR of 4.2 percent in the same period of time, reaching 742.6 billion yen( US$9.26 billion) in 2015.
Ōtemachi is an international financial center and the Internet
Exchange hub in
Japan, with 90 percent of Internet traffic being exchanged in the area. More than 4,000 large enterprises and financial firms are headquartered in Ōtemachi, with approximately 10 percent listed on the First Section of the Tokyo Stock Exchange. With limited real estate options, Equinixenlisted the help of Mitsubishi Estate, one of the leading real estate developers in Japanto assist in finding an ideal location for TY4.
Strategically located in the heart of Tokyo’s business district,
Equinixwill offer its customers the ability to connect to an established ecosystem of existing and potential customers and partners; provide financial companies with close proximity to the major financial exchanges in the Japanese capital; enable Internet Service Providers (ISPs) and content providers to reduce IP transit costs and improve end user experience for their customers via Equinix’s Internet Exchange.
By leveraging Platform
Equinix™ and its rich ecosystem, current and prospective customers can quickly expand their businesses to new markets, such as Japan, with the assurance of receiving the same level of service quality and performance.
Kei Furuta, managing director, Equinix Japan K.K.:
“Tokyo is a strategic market for
Equinixas it is one of the largest data center markets worldwide and a primary gateway for traffic from the U.S. to Asia. We believe our expanded presence in Japanwill give our customers greater access to global network connectivity and capitalize on the opportunities presented by the Japanese market. We would like to thank Mitsubishi Estatefor its support in securing ‘Otemachi Financial City’ for our TY4 data center.”
Tetsuo Yuasa, executive officer, general manager, Office Leasingand Tenant Relations Department, Mitsubishi Estate Co., LTD:
“Over the years, we have been striving to make the Marunouchi and Ōtemachi area a world-class business district by leading a significant redevelopment project. Otemachi Financial City opened in October of this year as the international business core, including financial services. We are enormously pleased to help
Equinixestablish its premium data center extending its global footprint, which we believe will help foster the information communication development of the city and Japanas a whole.”
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
Equinix Media Contacts
Melissa Neumann, +1 650-598-6098
GolinHarris for Equinix
Liam Rose, +1 415-318-4380
Lorraine Little-Bigelow, + (852) 2970 7742
Kendrick Leung, + (852) 2970 7711
Emma Jenkins or Annie Ho, + (852) 3944 5000