Equinix, Inc., the global interconnection and data center company, has announced the opening of its eleventh International Business Exchange (IBX®) data center in Tokyo, Japan, named TY11, as part of the company’s ongoing commitment to expanding its global footprint.
The $70 million first phase of TY11 provides a capacity of 950 cabinets and colocation space of approximately 39,800 square feet (approximately 3,700 square meters). Upon completion of the planned future phases, the facility is expected to provide a total capacity of more than 3,500 cabinets and colocation space of more than 153,800 square feet (approximately 14,300 square meters), becoming the largest IBX data center to date in Japan.
Driven by flourishing technology innovation and cloud adoption, Tokyo is the world’s largest retail colocation market by revenue, ahead of major international cities like New York and London.1 With more and more global and local cloud service providers (CSPs) expanding their businesses in Japan, the country is forecast to be one of the largest geographic public cloud markets in 2019 with cloud spend reaching $7.4 billion.2 Japan is also embracing advanced technologies such as artificial intelligence and robust network connectivity to power the Tokyo 2020 Olympic Games, the government’s ‘Society 5.0’ initiative, and the upcoming rollout of 5G services which are expected to generate huge amounts of data.
With the addition of TY11, Equinix now operates a total of 11 data centers in Tokyo and two in Osaka. The expanded footprint in this vibrant market will play a key role in accelerating the country’s cloud adoption and transformation in today’s digital era. In close proximity to the Tokyo central business district, the TY11 IBX data center will enable CSPs to move their services closer to their customers at the digital edge via Platform Equinix® and provide the highest quality of interconnection and data center services to ensure seamless, consistent and secure data transfer.
Mimei Ito, Research Manager, IT Services, IDC Japan, explained, “The new addition of the TY11 datacenter in the Tokyo metro area will enhance Equinix’s interconnection capability and further expand its ecosystem of Internet Exchanges, service providers and enterprises. Interconnectivity and rich ecosystems of global tenants are major differentiators and value propositions of the company. The new Equinix datacenter in Tokyo reflects the importance of the city as a regional hub for financial services and internet service providers. It also demonstrates Equinix’s success in winning customers and expanding capacity in this important metro.”
Karl Strohmeyer, Chief Customer and Revenue Officer, Equinix, said, “At Equinix, we continue to expand our footprint as we strive to help our customers capture the opportunities of the digital era. Asia-Pacific has always been a highly strategic and thriving market for us, thanks in part to its burgeoning digital market, which is driving demand for interconnection and data center services. We are excited to continue our investments and expansions in the region, and we are delighted to provide our customers in Japan with cutting-edge interconnection services and peace of mind over the resiliency of their IT infrastructure.”
Kei Furuta, Managing Director, Equinix North Asia, said, “With cloud services becoming increasingly crucial to global and local businesses who are eager to reach business partners and customers worldwide, an always-on, distributed IT infrastructure is extremely important to ensure real-time data delivery in today’s fast-paced economy. With the upcoming Tokyo 2020 Olympic Games, the ‘Society 5.0’ initiative and the arrival of 5G, interconnection will also play a crucial role in enabling seamless and secure interactions. We are thrilled about the opening of TY11, and we look forward to accelerating cloud adoption and innovation in Japan.”
