Equinix (NASDAQ: EQIX), a provider of global data centre services, today announced a major company milestone: the opening of its 50th premier International Business Exchange (IBX) data centre.
This announcement demonstrates Equinix's ability to help its customers fully leverage all of the benefits of an interconnected world. Equinix's $2.0 billion investment to expand operations between 2007 and 2010 is driven by market demand where Equinix's premium IBX data centres are today distributed in 19 of the world's leading markets on four continents. Through its 51 IBX and partner data centres, Equinix customers choose from hundreds of network providers to connect their business to the Internet, significantly lowering their total network costs, and also interconnect to key partners, creating a unique business ecosystem that optimises the distribution of their business content and applications.
"The opening of our 50th premier IBX data centre is a massive achievement for the company and is a testament to our team, our services and the value we provide to our customers on a daily basis," said Steve Smith, president and CEO, Equinix. "This milestone validates our fundamental strategy to protect and connect the world's most valued information assets and ensures that Equinix will continue to supply leading data centre services for businesses now and into the future."
About Equinix LD5 IBX Data Centre
London is one of the largest and fastest growing data centre markets in the world. To respond to this demand, the new Equinix facility will provide 290,625 square feet of gross space (27,800 square meters), making it the company's second largest IBX data centre in Europe (after the FR2 IBX data centre located in Frankfurt, Germany) and more than doubling the company's footprint in the strategic London market when fully built-out. Named LD5 and located on the outskirts of London, this state-of-the-art data centre has been built to meet growing demand for premium colocation and network exchange services, particularly from financial services firms and cloud service providers operating in the UK capital.
LD5 has been built on the same campus as Equinix's existing LD4 IBX data centre. The two facilities are connected by more than 1,000 diverse dark fibre links, enabling customers from across the campus to easily grow their operations and directly exchange business information. Opened in the fourth quarter of 2007, the LD4 IBX data centre is currently operating at more than 90% occupancy. The LD4/5 campus currently provides customers with a wide range of connectivity options, with access to more than 30 carrier networks as well as the London Internet Exchange (LINX). It is also home to Equinix's Financial Services offering, an active community of execution venues and other financial market participants that locate in close proximity to each other in order to directly exchange data, speed up execution times and increase trading volumes.
"LD5 represents not only our 50th IBX data centre, it's our largest facility in the UK and our 2nd largest IBX data centre in Europe," said Russell Poole, UK General Manager, Equinix. "For Equinix, continued growth and demand have been fuelled by two particularly strong market trends: the need for financial market participants to locate in close proximity to each other in order to improve the efficiency of their trading operations, and the increasing uptake of cloud-based services by enterprises in the UK and in major markets around the world."
The LD5 IBX data centre has been designed to provide customers with highly resilient yet energy efficient data centre services. For example, each cabinet provides two N+1 Uninterruptable Power Supplies (UPS) as standard, providing additional redundancy and ensuring industry-leading uptime for all LD5 customers. The data centre also includes a number of design features to maximise efficiency and reduce the overall power consumption of the facility. These include fresh air cooling for all of LD5's UPS and plant equipment, as well as variable speed secondary chilled water pumps and high efficiency fans within the CRAC (computer room air conditioning) units. This equipment has also been designed to respond to favorable climate conditions - in colder weather, outside air is used to chill the water that cools the data centre, reducing the cost and energy usage traditionally associated with the process.
T-Systems, Deutsche Telekom's outsourcing division, is the anchor tenant in LD5. T-Systems has worked with Equinix for a number of years now, with installations in several of Equinix's IBX data centres throughout Europe. As Tom Murphy, Head of IAS at T-Systems, says, "The reason we keep coming back to Equinix time and time again is that with them, we can expect a consistently high level of service. Their international reach fits well with our corporate strategy, enabling us to expand as and when our business demands it."
Murphy continues, "Our move into LD5 has completely exceeded our expectations. The data centre has been designed not only to deliver optimum resilience but also maximise on efficiency savings. It is a true state of the art facility, and we're delighted to be a part of it."
The Equinix LD5 IBX data centre is being built out in phases, to be timed to meet market demand. This initial phase delivers 75,347 square feet of gross data centre space (7,000 square meters) and capacity for 1,400 cabinet equivalents. On completion, the data centre will have capacity for a total of 5,600 cabinet equivalents.