Infotech Lead Asia: Data center provider Equinix has decided to set up new data center in Singapore.
The new center, which will be a seven-story high specification building, will be in association with Mapletree Industrial Trust.
Scheduled to launch in the second half of 2014, this will be Equinix’s third International Business Exchange (IBX) data center in Singapore.
The new data center will extend Platform Equinix to meet demand for premium interconnection and data center services in Singapore from financial and cloud companies.
The new Singapore IBX will be located in close proximity to Equinix’s existing SG1 data center at one-north.
Both data centers will be interconnected through a dedicated fiber network, allowing customers in SG1 to expand their business within the Equinix platform.
The new IBX will also meet the changing security requirements for financial customers including compliance with guidelines set by the Monetary Authority of Singapore in July 2012.
The new IBX data center will provide approximately 385,000 square feet of gross floor area and 5,000 cabinets over multiple phases, significantly expanding Equinix’s presence in Singapore to better meet customer demand.
Clement Goh, managing director of Equinix South Asia, said: “Our new data center will help our financial and cloud customers drive new business and collaboration opportunities, improve performance and reduce operational cost with low latency and high proximity.”
Tham Kuo Wei, chief executive officer of Mapletree Industrial Trust Management, said: “This collaboration allows Equinix to focus on its core business while MIT manages the capital expenditure and development process.”
This is MIT’s second data center development and the second build-to-suit project secured in the financial year ending 31 March 2013.