Equinix investing $116m to build fourth data centre in Singapore

An artist's impression of Equinix's latest data centre in Singapore, which will be located in Tai Seng Industrial Estate.
An artist's impression of Equinix's latest data centre in Singapore, which will be located in Tai Seng Industrial Estate.PHOTO: EQUINIX SG

Nasdaq-listed Equinix plans to build a fourth data centre in Singapore at an initial cost of US$85.3 million (S$116 million).

The seven-storey facility in Tai Seng Industrial Estate, called SG4, is expected to open in the fourth quarter of this year.

The first phase of SG4 will provide more than 45,400 sq ft of co-location space, offering an initial capacity of 1,400 cabinets, the interconnection and data centre company said in a statement yesterday.

At full capacity, the data centre can provide more than 4,000 cabinets with a total co-location space of more than 132,180 sq ft.

The facility, to be directly connected to the three existing Equinix data centres here, will enable customers to securely interconnect with about 600 firms from different industries, including financial services, cloud services, biomedical sciences, media, IT, communications, physical sciences and engineering.

It will also provide software-defined interconnection to more than 1,300 businesses, including some of the largest cloud service providers such as Alibaba Cloud, Amazon Web Services, Google Cloud Platform, Microsoft Azure, Oracle Cloud and Tencent Cloud.

Customers can find and connect to the aggregation of companies and ecosystems at Equinix on demand, locally or in other metro areas. This includes on-demand global connectivity to customers who are on Equinix's platforms.

At full capacity, the data centre can provide more than 4,000 cabinets with a total co-location space of more than 132,180 sq ft.

Mr Samuel Lee, president of Equinix Asia-Pacific, said: "At the heart of digital business in Asia-Pacific, Singapore is a crucial hub for many organisations in the region, generating skyrocketing demand for cloud and interconnection services.

"With interconnection accelerating across the Asia-Pacific region, the new SG4 data centre will create more opportunities for businesses, both locally and regionally, to interconnect with their customers, partners and stakeholders to achieve digital success, further enhancing the digital economies across Singapore and the region."

According to a market study published by Equinix, Singapore's interconnection bandwidth capacity - a measurement of direct and private data exchange between businesses - is expected to more than quadruple by 2021, reaching 394 terabytes per second at a compound annual growth rate of 47 per cent.

Currently, Equinix has 200 data centres across 52 markets and 24 countries, providing services for more than 9,800 businesses. In the Asia-Pacific, Equinix has 40 data centres across key cities in countries including Australia, China, Indonesia, Japan and Singapore.

A version of this article appeared in the print edition of The Straits Times on January 09, 2019, with the headline 'Equinix investing $116m to build fourth data centre in S'pore'. Print Edition | Subscribe