Equinix Expands to Support Singapore’s Growth as a Regional Digital Hub and Smart Nation

Initial investment of US$144 million to provide cloud proximity to enterprises for digital transformation and business resiliency

Equinix, the world’s digital infrastructure company, announced the expansion of Platform Equinix with its fifth International Business Exchange (IBX) data center in Singapore, to be named SG5. With an initial investment of US$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 H1 2021, providing an initial capacity of more than 1,300 cabinets in the first phase.

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As cloud adoption is accelerating and growing in complexity, businesses increasingly rely on hybrid and multicloud ecosystems for agility and scalability. 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.

Sandra Ng, Group Vice President, Practice Group, IDC Asia/Pacific
“Digital infrastructure is key to success and competitive advantage for enterprises in the next normal. IDC’s CEO research in early 2020 showed that the leading priority among CEOs in Asia-Pacific is building a digital IT infrastructure that supports resilient operations and pervasive experiences. Equinix’s investment in Singapore will further strengthen the country’s digital infrastructure to support its Smart Nation journey as well as enterprise digitalization and resiliency.”

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Jeremy Deutsch, President, Equinix Asia-Pacific
“As the global economy and the Asia-Pacific region continue to grow, we see a strong demand for digital infrastructure to support business growth. This is especially evident in Singapore, which is proving to be a key hub for digital business in the region. Traditional infrastructure is struggling to keep up with this digital demand, leading enterprises to explore hybrid and multicloud options to further their transformation. The SG5 IBX data center aims to create more opportunities for enterprises in the region to build a strong digital foundation, enabling them to develop into the digital leaders of tomorrow.”

Yee May Leong, Managing Director, Equinix South Asia
“Singapore continues to thrive as a regional digital hub despite current pandemic and economic challenges. Today’s businesses demand a solid digital infrastructure to grow and scale, leveraging vital ecosystems and cloud services via Platform Equinix. We are catering to the needs and demands of our customers by expanding our local footprint to enable regional and global growth as Singapore continues its Smart Nation journey and enterprises pursue digital transformation.”

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