According to the Singapore Economic Development Board (EDB), Singapore is home to approximately half of South East Asia’s data centers. And recently, Equinix, a provider of global data center services, has announced the launch of the fourth phase of its second Singapore International Business Exchange (IBX) data center. It will be investing an additional $28.5 million in the expansion, increasing the number of cabinets to 3,256.
This is to accommodate the increase in market demand from cloud and finance service providers. It is expected to be available by end of this year, which is timely enough to meet the growing demands of cloud adoption.
In response to the launch, Andrew Khaw, senior director (Industry Development) of the Infocomm Development Authority of Singapore (IDA), said that the entire Infocomm Technology ecosystem makes it ideal for companies to set up shop here in Singapore. He added,
As a leading independent data center and Internet exchange provider, Equinix’s expansion is yet another testament to the competitiveness of Singapore’s ICT sector. In addition, Equinix’s close proximity to Mediapolis@One-North contributes to IDA’s vision of ICT as a critical differentiator to this flagship initiative to position Singapore in the international digital media industry.
With Mediapolis@One-North earmarked as a media hub, the media industry in Singapore is poised for greater growth and will increasingly require cloud facilities to effectively connect and collaborate with their global partners. The expansion of SG2 will enable us to continue to meet strong customer demand and also further reinforces Singapore’s position as a global IT hub and home for businesses looking to expand in Asia.
This launch is also part of Equinix’s global expansion efforts, and recently within the Asia Pacific region, it has opened three IBXs in places such as Hong Kong, Sydney and Tokyo.
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