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Equinix invests €32 million to expand its data centres in Finland

Equinix invests €32 million to expand its data centres in Finland

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Equinix, a digital infrastructure company, has announced it is continuing to invest in growing its data centre capacity in Finland. The company is expanding two of its International Business Exchange (IBX) sites – HE5 and HE7 – in Helsinki, with a 32 million euro investment boosting the capacity for further digitisation of local and international customers. To date, Equinix has invested approximately €147 million into its data centres in Finland.

The volume of data generated, processed and utilised across industries worldwide continues to grow at a rapid pace, reinforced by the huge demand for network services resulting from the pandemic-driven need to work remotely. Equinix is increasing its capacity in Finland to meet this demand.

This investment is part of Equinix’s continuing metro growth strategy in the Nordics region, with Finland being a good location to reach the 27 million consumers in the Nordics area. The expansion also utilises and further supports Finland’s standing as a connectivity hub between Europe, the Baltics and Russia.

Finland is seeing a rapid increase in cloud adoption and deployment, with the hyperscale sector expected to grow to US$17 billion in Finland by 2025. Through Equinix’s expanded data centre capacity, Finnish and Nordic customers further afield have increased access to Equinix Fabric, a global interconnection service enabling businesses to connect their digital infrastructure and services on demand, at software speed.

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