REDWOOD CITY, Calif. and
SYDNEY, April 29, 2015 /PRNewswire/ -- Equinix,
Inc. (Nasdaq: EQIX), the global
interconnection and data center company, today
announced it plans to invest over $97M to build a large-scale data center in
Sydney. This new International
Business Exchange (IBX®) data center, to be called SY4, will
address the growing demand for premium data center services in
Australia. SY4 will be Equinix's
fourth data center in Sydney, and
its fifth in Australia; taking the
company's total investment in Australia close to $360M.
Highlights / Key Facts
- According to the Frost & Sullivan Australian Data Centre
Services Market 2014 report1, the Australian data center
services market is estimated to grow to AUD$1.7B by 2020.
Australia's data center services
market recorded AUD$698M in revenues for 2013 and is expected to
grow at a compound annual growth rate of 13.9 percent to 2020.
Equinix is meeting demand for premium data center services in
Australia, with the recent opening
of ME1 in Melbourne, and this new,
additional investment in Sydney.
- Located in Alexandria, just
south of Sydney's CBD and in close
proximity to the Equinix SY1/2 and 3 campus, SY4 will provide a
total of 3,000 cabinets of capacity at full build, with the first
phase of 1,500 cabinets scheduled for completion in Q2 2016. The
135,000ft2 facility will help businesses safeguard
mission-critical data with the highest levels of security and
operational reliability.
- Demand for premium data centers services has been led by
Australia's early adoption of the
hybrid cloud model. In a recent survey, Dimensional Research found
that 85 percent of Australian enterprises are planning to deploy to
multiple clouds within the next 12 months, with 83 percent of
enterprises indicating that direct connects to cloud providers are
highly valued2. The investment in SY4 is meeting this
demand with the Equinix Cloud Exchange offering businesses secure,
low-latency and high-performance direct connections with public and
private cloud providers.
- The IBX data centers at the Equinix Sydney campus are home to
an increasing number of large enterprises, as well as robust
business ecosystems for cloud, mobility, content, and financial
services. With Equinix's three Sydney data centers in close proximity, SY4
will be able to interconnect with the existing facilities via a
dense dedicated fiber loop. This enables SY4 customers to leverage
Equinix's vibrant Australian ecosystems and interconnect with 600+
existing Equinix customers, 250+ cloud providers and 130+
networks.
- The new SY4 phased build is one of many in Equinix's growing
global platform – Platform Equinix™ – which consists of more than
100 data centers in 33 markets. Earlier this year Equinix announced
that it is boosting interconnection capacity with five new data
centers in London, Melbourne, New
York, Singapore and
Toronto.
Quotes
- The Hon. Stuart Ayres, MP, New
South Wales minister for trade, tourism and major
events:
"Sydney is Australia's leading business center and
capital of Australia's top State
economy. It is the first choice for many local and international
businesses wanting to grow in our dynamic State. The NSW Government
has worked with Equinix to support the company's growth in
Sydney and we welcome the
company's latest investment which will help to ensure that
New South Wales businesses have
the opportunity to leverage world-class interconnection services.
These services assist in unlocking new revenue opportunities and
drive growth in our digital economy. Our information and
communication technology and digital/creative strengths will be on
show next month at CeBIT Australia 2015 in Sydney."
- Jeremy Deutsch, managing
director, Equinix Australia:
"SY4 shows our ongoing commitment in the Sydney market and will enable our Australian
customers to continue to take advantage of innovations including
hybrid cloud architectures and the Equinix Cloud Exchange. The new
facility will ensure that we continue to deliver on our promise to
help businesses safeguard their mission-critical data, aid growth
and rapid scalable deployment through our global footprint, and
with the highest levels of security and operational
reliability."
Additional Resources
- Equinix Increases its Global Footprint with a $39.4M Expansion
of Sydney 3 Data Center [Press release]
- Equinix Sees Strong Momentum at First Melbourne Data Center
[Press release]
- Equinix Connects Melbourne with New International Business
Exchange Data Center [Press release]
- Equinix Accelerates Interconnected Era with Global Launch of
Five New Data Centers [Press release]
About Equinix
Equinix, Inc. (Nasdaq: EQIX) connects
the world's leading businesses to their customers, employees and
partners inside the most interconnected data centers. In
33 markets across five continents, Equinix is where companies come
together to realize new opportunities and
accelerate their business, IT and cloud
strategies. www.equinix.com.
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
Equinix services; unanticipated costs or difficulties relating to
the integration of companies we have acquired or will acquire into
Equinix; a failure to receive significant revenue from customers in
recently built out or acquired data centers; failure to complete
any financing arrangements contemplated from time to time;
competition from existing and new competitors; the ability to
generate sufficient cash flow or otherwise obtain funds to repay
new or outstanding indebtedness; the loss or decline in business
from our key customers; and other risks described from time to time
in Equinix's filings with the Securities and Exchange Commission.
In particular, see Equinix's recent quarterly and annual reports
filed with the Securities and Exchange Commission, copies of which
are available upon request from Equinix. Equinix does not assume
any obligation to update the forward-looking information contained
in this press release.
Equinix and IBX are registered trademarks of Equinix, Inc.
International Business Exchange is a trademark of Equinix, Inc.
1 Frost & Sullivan Australian Data Centre
Services Market 2014 report
2 Cloud Adoption Study: Australia
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SOURCE Equinix, Inc.