Equinix Taps Singapore for APAC Data Capabilities, Launching SG3

Equinix, Inc. (Nasdaq: EQIX), an interconnection and Data Center Data Center A data center is a building or network used to house computer systems and associated components, such as telecommunications and storage systems.This generally includes redundant or backup power supplies, redundant data communications connections, environmental controls, and various security devices. Large data centers are industrial scale operations using as much electricity as a small town.Over the past decade, data center space has been growing at an incredible rate. This has increased as more A data center is a building or network used to house computer systems and associated components, such as telecommunications and storage systems.This generally includes redundant or backup power supplies, redundant data communications connections, environmental controls, and various security devices. Large data centers are industrial scale operations using as much electricity as a small town.Over the past decade, data center space has been growing at an incredible rate. This has increased as more Read this Term company, has launched its third installment of its International Business Exchange (IBX) data center, colloquially known as SG3, centered strategically in Singapore, according to an Equinix statement.

The move follows on the heels of Equinix’s December foray into the Asia-Pacific (APAC) region by LMAX Exchange, which launched its matching engine in the Equinix IBX Data Centre in Tokyo (TY3), affecting clients in the APAC region.

Equinix’s (Nasdaq: EQIX) newest data center instantly becomes the largest in the APAC region and represents the company’s continued bid towards expansion, not only in Asia but also to meeting a growing demand for premium data center services from both financial and Cloud Cloud The cloud or cloud computing helps provides data and applications that can be accessed from nearly any location in the world so long as a stable Internet connection exists. Categorized into three cloud services, cloud computing is segmented into Software as a Service (SaaS), Infrastructure as a Service (IaaS), and Platform as a Service (PaaS). In terms of trading, the versatility of the cloud service allows retail traders the ability to test out new trading strategies, backtest pre-existing conc The cloud or cloud computing helps provides data and applications that can be accessed from nearly any location in the world so long as a stable Internet connection exists. Categorized into three cloud services, cloud computing is segmented into Software as a Service (SaaS), Infrastructure as a Service (IaaS), and Platform as a Service (PaaS). In terms of trading, the versatility of the cloud service allows retail traders the ability to test out new trading strategies, backtest pre-existing conc Read this Term companies.

On the heels of the news and expansion, both Orange Carriers Singapore and Datapipe, an IT solutions provider, have already opted to deploy in SG3 as part of their global expansion. Earlier in March, Equinix (Nasdaq: EQIX) also unveiled plans to open five additional data centers spanning four continents in the coming weeks.

According to Clement Goh, Managing Director, Equinix (Nasdaq: EQIX)South Asia in a recent statement on the expansion, "Over the years, we have seen our customers' needs evolve to include greater demand for reliable, fast and scalable multi-cloud interconnection services in an environment that meets stringent security standards.”

“SG3 was built to meet that demand and ensure that companies like Orange Carriers Singapore and Datapipe are ready to support their customers' needs in return. At the same time, we hope to reinforce Singapore's position as a global data management hub by providing organizations with the ability to connect to an established business ecosystem of existing and potential customers and partners via SG3," he added.

In addition, "Datapipe is committed to meet the stringent risk assessments and security compliance requirements of its customers. As a purpose built data center with strict security standards that meet the Monetary Authority of Singapore's guidelines, Equinix provides the ideal platform to ensure high quality service delivery for our customers. In addition, SG3 allows us to plan for future expansion as demand continues to grow," noted John Landy, Chief Technology Officer, Datapipe, in an accompanying statement.