|[November 14, 2012]
Equinix Increases its Global Footprint with a $39.4M Expansion of Sydney 3 Data Center
REDWOOD CITY, Calif. & SYDNEY --(Business Wire)--
the global interconnection and data center company, today announced the
opening of phase two of its Sydney SY3 International Business ExchangeTM (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 (News - Alert) 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 n 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."
According to Citi Research the National Broadband Network (News - Alert) (NBN) is seen
as a demand driver for cloud services within Australia and, by
extension, for Australian data centers. With the rollout of the NBN,
Australia is expected to have one of the best nation-wide
infrastructures for fast onshore data transfer, which is hoped to
promote business and consumer confidence in cloud solutions. The NBN
will make possible new ways of delivering essential business services,
including smart infrastructure and high-tech services such as IPTV (News - Alert), and
online gaming services. Investment and growth of this proportion will
need to be supported by more robust and modern data centers.
Forrester Research's (News - Alert) report, "Sizing the Cloud Markets in Asia Pacific"
issued in February 2012 states that Australia is the most mature cloud
market in Asia Pacific by most measures. The report also states that the
public cloud market in Australia will grow from $732 million in 2011 to
$3.2 billion in 2020 and that the three segments of the virtual private
cloud market analyzed will grow from $157 million in 2011 to $2.4
billion in 2020.
an Equinix customer that provides a secure content-sharing platform for
more than 14 million individuals and 140,000 businesses, welcomes the
opening of SY3. Stefan Apitz, vice president of operations, Box (News - Alert) said,
"As a long-term partner of Equinix, the SY3-II expansion will help us
deliver great performance for our users and support future growth. The
strong network and ecosystems available to us as an Equinix customer
means that we are able to provide the best possible service for our
Box is leveraging Platform
Equinix™ as a key part of its growing enterprise-grade
infrastructure and worked with the company to develop a comprehensive
strategy for distributing its growing global network, enabling Box to
achieve a 60 percent increase in performance and make its service faster
and easier to access for more users worldwide. For more information on
how Box is leveraging Platform Equinix, please see "Box
Chooses Platform Equinix as Key Element in Growing Global Infrastructure."
APAC is Equinix's fastest growing region and one in high demand by
customers. The expansion of Equinix's footprint in Australia and other
APAC markets such as Jakarta in October this year will enable Equinix to
assist multi-national customers looking to expand into the market.
Equinix, Inc. (Nasdaq: EQIX), connects more than 4,000 companies
directly to their customers and partners inside the world's most
networked data centers. Today, businesses leverage the Equinix
interconnection platform in 30 strategic markets across the Americas,
EMEA and Asia-Pacific. www.equinix.com.
Forward Looking Statements
This press release contains forward-looking statements that involve
risks and uncertainties. Actual results may differ materially from
expectations discussed in such forward-looking statements. Factors that
might cause such differences include, but are not limited to, the
challenges of acquiring, operating and constructing IBX centers and
developing, deploying and delivering Equinix services; unanticipated
costs or difficulties relating to the integration of companies we have
acquired or will acquire into Equinix; a failure to receive significant
revenue from customers in recently built out or acquired data centers;
failure to complete any financing arrangements contemplated from time to
time; competition from existing and new competitors; the ability to
generate sufficient cash flow or otherwise obtain funds to repay new or
outstanding indebtedness; the loss or decline in business from our key
customers; and other risks described from time to time in Equinix's
filings with the Securities and Exchange Commission. In particular, see
Equinix's recent quarterly and annual reports filed with the Securities
and Exchange Commission, copies of which are available upon request from
Equinix. Equinix does not assume any obligation to update the
forward-looking information contained in this press release.
Equinix and IBX are registered trademarks of Equinix, Inc.
International Business Exchange is a trademark of Equinix, Inc.
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