Left to right: Clement Goh, Managing Director, Equinix South Asia; Steve Smith, CEO and President of Equinix; Yeoh Keat Chuan, Managing Director, Economic Development Board; and Samuel Lee, President, Equinix Asia Pacific
Interconnection and data centre company Equinix, Inc launched on Wednesday (March 18) its third International Business Exchange (IBX) data centre in Singapore.
Called SG3, this new establishment is the company's flagship data centre, and the largest in Asia Pacific, said the company in a media statement. The 385,000 square feet facility can accommodate about 5,000 cabinets at full build, of which a thousand will be available in the first phase.
According to Equinix, the launch of SG3 demonstrates the company's commitment to satisfy growing market demand for data centre services from financial services and cloud computing companies across the region.
Equinix has invested US$53 million (S$73.4 million) in the first phase of its development, bringing its total investment in Singapore to over US$300 million (S$415 million). The expansion is in line with the steady growth of the company's global interconnection platform, in which Equinix has invested more than US$7.5 billion (S$10.3 billion) over the last 16 years.
Earlier this month, Equinix has announced that it will open five new data centres across four continents in the coming weeks to create more capacity for global companies to connect to their partners, customers and employees.
By providing this increased capacity, Equinix said that it expands its role in advancing the digital economy's interconnected era, in which businesses are demanding increasing levels of interconnection to accelerate business performance.
"Over the years, we have seen our customers' needs evolve to include greater demand for reliable, fast and scalable multi-cloud interconnection services in an environment that meets stringent security standards. SG3 was built to meet that demand and ensure that companies like Orange Carriers Singapore and Datapipe are ready to support their customers' needs in return," said Clement Goh, managing director, Equinix South Asia.
"At the same time, we hope to reinforce Singapore's position as a global data management hub by providing organisations with the ability to connect to an established business ecosystem of existing and potential customers and partners via SG3," he added.
Sign up for CIO Asia eNewsletters.