Equinix expands its digital infrastructure footprint in Japan by investing $115 million in a new data center, CIOSEA News, ETCIO SEA
Equinix, Inc., the global digital infrastructure™ company, today announced its fifteenth International Business Exchange™ (IBX®) data center in Tokyo, Japan, named TY15 with an initial investment of $115 million. Strategically located next to the existing network and the cloud-density IBX campus in Tokyo, TY15 will enhance connectivity for global cloud and network service providers and enterprises, enabling them to grow and strengthen the economy. Japan’s digital boom.
According to the IMF, Japan should be at the forefront of digitalization by transforming its legacy IT systems to remain competitive locally, regionally and globally to foster innovations and digital transformation. Japanese companies’ digital appetite continues to soar, presenting huge business opportunities for cloud and network service providers. According to the Global Interconnection Index (GXI) 2023, a recently announced market study by Equinix, Tokyo continues to lead the Asia-Pacific region in interconnection growth and is expected to reach 1,758 Tbps by 2025, with around 40 % of bandwidth powered by cloud and network service providers.
In addition, IDC predicts that Japan’s public cloud services market in 2022 is expected to grow 29.8% year-on-year to 2,159.4 billion yen, and the compound annual growth rate ( CAGR) from 2021 to 2026 will remain at 20.8%, reaching 4,279.5 billion yen in 2026. This expansion will be timely to meet this growing demand for cloud services. Leveraging TY2’s current network density and abundant network fibers from network service providers across the region, TY15 will serve as a magnet to continually attract new partners into the Equinix ecosystem and enable providers to services to speed up the expansion process.
Jeremy Deutsch, President of Equinix Asia-Pacific, said, “Equinix is committed to helping customers embrace interconnectivity with growing digital economies in Asia-Pacific metro data centers and emerging markets. like Indonesia. Our additional investment in Japan reflects the growing demand for digitization as the Asia-Pacific market rapidly outpaces the global average in hybrid cloud adoption. TY15 will expand the capacity and range of services Equinix can provide to our customers. and partners as they seek to expand their digital footprint in the Asia-Pacific region by supporting the key Tokyo market.
- The TY15 IBX is conveniently located 1 kilometer from the TY6/TY7/TY8 IBX data centers and approximately 1.5 kilometers from the TY2 IBX data center, further expanding the Shinagawa campus to meet the growing demand for data centers and interconnection services. Scheduled to open in H2 2024, the first phase of TY15 will provide an initial capacity of approximately 1,200 cabinets and 3,700 cabinets when fully built.
- With its proximity and direct fiber optic connectivity to TY2, TY15 will become the premier connectivity site in Tokyo, opening up a plethora of new interconnection opportunities for enterprises, cloud and network service providers.
- Cloud services are becoming an essential part of Japan’s digitization. With leading cloud service providers, such as Amazon Web Services, Alibaba Cloud, Oracle Cloud, Google Cloud, Microsoft Azure and IBM Cloud, all hosted within the Equinix ecosystem. The new TY15 will provide them with additional capacity to continue their growth while attracting new cloud service providers looking to enter the Japanese market.
- With the introduction of a comprehensive suite of digital services, Equinix enables customers in Tokyo to transform and scale their infrastructure with speed, agility and reliability using the cloud-optimized architecture they need to meet the today’s dynamic business environment. In particular, the new multipoint-to-multipoint data center interconnect via Ethernet-Switched LAN (E-LAN) technology from Equinix Fabric® will help businesses and service providers in Japan integrate their distributed computing infrastructure more easily and lower cost. They can connect their global footprint within a common network instead of setting up point-to-point connections.
- The TY15 IBX will incorporate sustainability into its design, implemented with innovative technologies such as magnetic bearing coolers and free cooling. This promotes alignment with the Japanese government’s environmental and sustainability goal of achieving net zero carbon emissions by 2050. Equinix data centers are adopting ancillary green features such as LED lights activated by the movement, high temperature chilled water setpoints, DCIM and adaptive control. Cold/hot aisle systems and containment to reduce total energy consumption.
- Platform Equinix’s global footprint includes more than 245 data centers in 71 major cities around the world, providing digital infrastructure to more than 10,000 of the world’s largest enterprises. In Asia Pacific, Equinix currently has 51 data centers in 13 key metropolitan areas in Australia, China, Hong Kong, Japan, Korea and Singapore. In early October, Equinix also announced plans for an approximately $74 million IBX data center in the heart of Jakarta, Indonesia.