Equinix, Inc. (NASDAQ: EQIX), the global interconnection and data center company, today announced the opening of phase two of its Sydney SY3 International Business Exchange TM ( IBX ®) data center (SY3-II), substantially increasing the company’s Australian capacity. Minister for broadband, communications and the digital economy, Senator Stephen Conroy was in attendance to officially open the new facility with Equinix Australia’s managing director, Tony Simonsen.
SY3-II is located south of Sydney and provides approximately 1,000 cabinets across 22,927 square feet. Once the third and final phase of SY3 is completed, the IBX will provide 72,850 square feet and capacity for 3,000 cabinets. The facility was opened six months ahead of schedule due to customer demand as a result of increased data usage and a rise in the number of companies transitioning to cloud.
A recent Forrester report states that 36 percent of Australian organizations are currently leveraging cloud-based services, an increase in 22 percent from 2010 and 14 percent in 2009.
“We have seen significant growth in cloud adoption in Australia and we expect this trend to continue. Equinix Sydney has a well-developed and diverse business ecosystem of partners and service providers. Our IBXs provide the optimum place for customers including cloud, digital content, enterprise, financial services and network providers to connect with their customers and partners,” said Tony Simonsen, managing director, Equinix Australia.The Equinix Sydney IBX is the most densely connected data center in Australia with over 100 networks including a direct link to the Southern Cross Cables Network and PIPE Pacific Cable (PPC-1). It is the only location where access to the two largest peering points is available. Senator Conroy said, “Australian companies increasingly need to consider and adopt cloud services in an effort to move at least part of their IT into a data center. On an international scale, companies wanting to do business in Australia can experience latency issues so we are seeing many of those making the decision to deploy at onshore data centers in Australia. SY3-II demonstrates Equinix’s commitment to fostering data center development in Australia and Asia Pacific.”
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts