Equinix has announced the opening of its fifth International Business Exchange (IBX) data center in Singapore, SG5.
With an initial investment of US$144 million, the purpose-built facility helps address the need for a sustainable, future-ready digital infrastructure to enhance enterprises’ digital resiliency.
The SG5 IBX is directly connected to the four existing Equinix IBX data centers in Singapore via low-latency dark fiber links and will enable customers to securely interconnect with more than 700 companies in the market. This expansion of the company’s global platform allows customers to choose from a broad range of network services from over 200 providers and interconnect directly to customers and partners on Platform Equinixin their digital supply chain.
Singapore’s Smart Nation initiative and digitalization efforts over the years have led local and regional businesses to realize the importance of an agile and resilient digital infrastructure to their business success. According to the latest Equinix Global Tech Trends Survey, 88% of surveyed companies in Singapore indicated that digitizing their IT infrastructure was a top priority, with 66% believing interconnection will help them navigate challenges.
Sustainability is becoming increasingly important for Singapore and businesses worldwide. Equinix’s Future First sustainability strategy and its 100% renewable energy goal are aligned with the country’s sustainable agenda, including the Singapore Green Plan 2030.
Addressing the urgency of climate change, Equinix is aiming to become climate-neutral and make a 50% absolute reduction in Scope 1 and 2 emissions across its global operation from a 2019 base year by 2030 as part of its Science-Based Target initiative. Aligned with the Paris Climate Agreement, this commitment is a critical step as Equinix continues to advance investments and innovations to reduce greenhouse gas emissions.
In fact, Equinix has operated with 100% renewable energy in Singapore since 2020. Equinix is also the first in the data center industry to commit to reaching global climate-neutrality by 2030, backed by its science-based targets (SBT) and sustainability innovation agenda.
Over the years, Equinix has been working with the government of Singapore and the wider business ecosystem to enable stakeholders in the private and public sectors to access global digital pathways, underpinning and driving innovation forward. Equinix hosts the most network-dense data centers in Singapore, and its IBX data centers have been purpose-built to meet stringent safety and data security guidelines of the Monetary Authority of Singapore (MAS).
In conjunction with the opening of the SG5 IBX, Equinix organized a virtual event attended by: Sandra Ng, Group Vice President, Practice Group, IDC; Foong Sew Bun, Managing Director and Group Head of Technology Services, DBS Bank; Romain Groleau, Managing Director, Accenture Southeast Asia and Wong Joo Seng, Founder and CEO, Spark Systems, to discuss sustainable digital infrastructure for Singapore and the region.
Sandra Ng, Group Vice President, Practice Group, IDC Asia/Pacific, said:“The rise of new data centers built in Singapore will further strengthen the country’s Smart City digital infrastructure and help drive business ecosystems towards collaboration and co-innovation with sustainability in mind for the future.”Click below to share this article