Business
Equinix Opens Eleventh Data Center in Tokyo - Its Largest to Date in Japan
REDWOOD CITY, Calif., July 22, 2019 /PRNewswire/ -- Equinix, Inc. (Nasdaq: EQIX), the global interconnection and data center company, today announced the
About this update from Equinix, Inc.
[{"type":"text","content":"REDWOOD CITY, Calif., July 22, 2019 /PRNewswire/ -- Equinix, Inc. (Nasdaq: EQIX), the global interconnection and data center company, today announced the opening of its eleventh International Business Exchange™ (IBX®) data center in Tokyo, Japan, named TY11, as part of the company's ongoing commitment to expanding its global footprint. The $70 million first phase of TY11 provides a capacity of 950 cabinets and colocation space of approximately 39,800 square feet (approximately 3,700 square meters). Upon completion of the planned future phases, the facility is expected to provide a total capacity of more than 3,500 cabinets and colocation space of more than 153,800 square feet (approximately 14,300 square meters), becoming the largest IBX data center to date in Japan.\n\n \nDriven by flourishing technology innovation and cloud adoption, Tokyo is the world's largest retail colocation market by revenue, ahead of major international cities like New York and London.1 With more and more global and local cloud service providers (CSPs) expanding their businesses in Japan, the country is forecast to be one of the largest geographic public cloud markets in 2019 with cloud spend reaching $7.4 billion.2 Japan is also embracing advanced technologies such as artificial intelligence and robust network connectivity to power the Tokyo 2020 Olympic Games, the government's 'Society 5.0' initiative, and the upcoming rollout of 5G services which are expected to generate huge amounts of data.\nWith the addition of TY11, Equinix now operates a total of 11 data centers in Tokyo and two in Osaka. The expanded footprint in this vibrant market will play a key role in accelerating the country's cloud adoption and transformation in today's digital era. In close proximity to the Tokyo central business district, the TY11 IBX data center will enable CSPs to move their services closer to their customers at the digital edge via Platform Equinix® and provide the highest quality of interconnection and data center services to ensure seamless, consistent and secure data transfer. \nHighlights/Key Facts\nTY11 is situated in Ariake, a district in Koto ward, which is close to key venues for the upcoming Tokyo 2020 Olympic Games. Located in an emergency evacuation area, TY11 is earthquake-resistant and equipped with multiple anti-disaster measures. It provides a high le...