Citing high demand for data center services in Japan, Equinix announced plans to invest $43 million to build its fourth International Business Exchange™ (IBX®) data center, TY4, in Ōtemachi, Tokyo.
The new TY4 IBX data center will be launched in two phases, providing total capacity of 750 cabinet equivalents. The first phase, scheduled to open in the third quarter of 2013, will offer initial capacity of 450 cabinet equivalents. TY4 will have direct fiber connectivity to Equinix’s three other IBX data centers in the city, which will further facilitate customer interconnections.
Ōtemachi, located in the heart of Tokyo’s business district, is the Internet Exchange hub in Japan, with 90 percent of Internet traffic being exchanged in the area.
Equinix said the data center outsourcing market in Japan will reach a size of 1.4 trillion yen (US$20 billion) in 2015, based on figures from International Data Corporation (IDC).
“Tokyo is a strategic market for Equinix as it is one of the largest data center markets worldwide and a primary gateway for traffic from the U.S. to Asia. We believe our expanded presence in Japan will give our customers greater access to global network connectivity and capitalize on the opportunities presented by the Japanese market. We would like to thank Mitsubishi Estate for its support in securing ‘Otemachi Financial City’ for our TY4 data center.”
- Equinix currently lists over 194,000 sq. ft. colocation space in its current Tokyo data centers.
