Equinix, the digital infrastructure company, has added its fifth International Business Exchange (IBX) data center in Singapore, to be named SG5.
With an initial investment of $144 million in the first phase, the purpose-built facility will meet growing demand for cloud connectivity for enterprises as they transform digitally. SG5 is scheduled to open in the first half of 2021, providing an initial capacity of more than 1,300 cabinets in the first phase.
Cloud adoption is accelerating and growing in complexity, said Jeremy Deutsche, president of Equinix Asia-Pacific: “Traditional infrastructure is struggling to keep up with digital demand, leading enterprises to explore hybrid and multi-cloud options to further their transformation.”
This is aligned with Singapore’s Smart Nation initiative, which is driving businesses in the country to rapidly undertake digital transformation to build resiliency and stay competitive in the digital economy.
Singapore’s advancement toward these goals is positioning the island city-state as a digital hub and gateway for the Asia-Pacific region. With this in mind, the addition of the SG5 IBX to “Platform Equinix” will provide essential digital infrastructure support and global connectivity that will enable enterprises to build and expand their cloud ecosystems to fast-track their digital advantage.
The first phase of SG5 will have a capacity of 1,300 cabinets and approximately 18,400 square feet (1,710 square meters) of colocation space. At full buildout, the facility is targeted to provide approximately 5,000 cabinets, with a total colocation space of close to 129,000 square feet (12,000 square meters).
The new purpose-built, nine-story facility will be located at the Tanjong Kling data center park. This will strengthen Equinix’s cross-island presence and location diversity, with four of Equinix’s current IBX data centers strategically spread across the island.