Singapore Third Most Robust Data Center Market Globally
Equinix says the opening of its USD 74 million new data center investment supports Singapores digital transformation and Smart Nation 2030 vision.
Equinix opened its fourth International Business Exchange data center in Singapore, known as SG4 end of Q1 2020.
With an initial investment of USD 74 million, Equinix Asia-Pacific President Jeremy Deutsch claims the new facility not only supports the rising demand for digital transformation and interconnection of businesses, it also plays a key role in supporting Singapore’s Smart Nation development as the country anchors itself as a global business and connectivity hub.
“Asia-Pacific is paving the way for smart cities as the pace of digital transformation continues to accelerate. At Equinix, we are dedicated to supporting this development by connecting people and businesses at the digital edge through our interconnection solutions. Equinix achieved notable momentum in Asia-Pacific in 2019, and we are confident that our growing footprint will enable businesses and customers to connect with the wider region and have access to the vast interconnection opportunities needed to innovate and grow,” says Deutsch.
Singapore has emerged as the third most robust data center market globally, spurred by the rapid pace of digitization and surge in demand for cloud-based services. According to the Global Interconnection Index (GXI) Vol.3, published by Equinix, Singapore’s interconnection bandwidth – a measurement of direct and private data exchange between businesses – is expected to double by 2022, with a compound annual growth rate (CAGR) of 47%.
Equinix claims that emphasis on AI and automation coupled with the progressive rollout of 5G networks require businesses to extend their network infrastructure to the edge and be in close proximity to their customers and partners for secure data exchange and seamless digital experiences.
Located in Tai Seng – one of Singapore’s five data center clusters – SG4 will further extend Platform Equinix to meet demand for interconnection and data center services in Singapore and the region. The first phase of SG4 IBX has more than 45,400 square feet (4,220 square meters) of colocation space, offering an initial capacity of 1,400 cabinets. The facility will accommodate more than 4,000 cabinets at full build out, with a total colocation space of more than 132,180 square feet (approximately 12,280 square meters).
Directly connected to the three existing Equinix IBX data centers in Singapore via low-latency dark fiber links, the new SG4 IBX will enable customers to securely interconnect with more than 695 companies from different industries, including financial services, cloud services, biomedical sciences, IT, communications, media, physical sciences and engineering. This also includes a broad range of network services from more than 210 global networks and more than 190 cloud and IT service providers.
The SG4 IBX also provides a wide range of interconnection solutions, including Equinix Cloud Exchange Fabric; which provides access to the largest collection of on-ramps to cloud service providers in Singapore including Alibaba, AWS, Google Cloud, Microsoft Azure, Oracle, as well as many local providers.
Businesses in Singapore can also leverage Network Edge to deploy virtual network services without upfront capital expenses for additional equipment and infrastructure. Network Edge offers customers the choice of virtual network services from multiple vendors, including the Cisco Cloud Services Router 1000v, the Juniper vSRX Virtual Firewall, Palo Alto Networks VM-Series Firewall and the Cisco SD-WAN, with additional edge devices being added soon onto Platform Equinix.
As part of a strategic partnership between Tata Consultancy Service and Equinix, the fully operational SG4 IBX will see TCS make its largest deployment in Asia-Pacific for TCS Enterprise cloud. By tapping on the interconnection-oriented architecture of Platform Equinix – including Cross Connect, Metro Connect, ECX Fabric and Equinix Connect, TCS will be able to provide private and hybrid cloud services to their customers in the region and globally.
Commenting on the partnership TCS VP & Global Head Cloud Infrastructure Unit Satishchandra Doreswamy says TCS has been helping customers accelerate their digital transformation journeys.
“Our Enterprise Cloud Platform is a flexible, hybrid cloud infrastructure layer that will support future growth. We have been able to offer ECP to customers across the world, including in Asia Pacific, leveraging our strategic partnership with Equinix. We believe that the new SG4 will further strengthen our ability to provide a future-proof cloud to customers in Singapore and across the region,” says Doreswamy.