Meeting interconnection demands as Western Australia invests in digital transformation
SYDNEY, Australia – May 2, 2019 – Equinix, Inc. (Nasdaq: EQIX), the global interconnection and data centre company, has completed the US$11 million (A$15.6 million) expansion of its second International Business Exchange™ (IBX®) data centre in Perth. Known as PE2, the expanded facility brings enhanced interconnection capabilities to its local customers including IMDEX and Servers Australia.
Last month the Government of Western Australia1 announced it will invest A$34.7 million (approximately US$24.8 million) in digital transformation in the public sector through the Office of Digital Government, and the expansion of Equinix IBX in Perth will further accelerate the pace. The increased connectivity Equinix provides in Western Australia also includes access to the Australia Singapore Cable (ASC), which terminates at PE2, enabling Equinix to meet customer demands for interconnection and networking capabilities among businesses in Australia and Southeast Asia.
As businesses increasingly migrate to the cloud, it is vital for organisations to be able to operate closer to the digital edge to enable more efficient interconnection and collaboration between their employees, partners and customers. The expansion of the PE2 facility, together with its national footprint across Sydney, Melbourne, Canberra, Adelaide and Brisbane will play an important role in helping Western Australian businesses accelerate their hybrid multicloud migration and digital transformation.
“Servers Australia was established to improve the quality of servers offered in our local market and support local demand for hosting services. To maintain our high level of quality and continue delivering the best services to our customers we need a data centre provider that allows us to expand our footprint on a national scale and enables us to connect with global customers and partners. Equinix delivers on this for us, and the expansion of the PE2 IBX data centre will allow us to continue our growth.”
“The Australia Singapore Cable’s connecting Perth to mainland Asia is expected to boost demand in Perth’s data centre and interconnection market. A market previously limited by an aging and unreliable subsea cable, the ASC positions Perth to become the digital hub of Australia’s west coast. Perth-based enterprises will now be able to capitalise on opportunities to further their digital transformation with the expansion of Equinix’s PE2 IBX, which houses the landing point for the ASC.”
“Since entering the West Australian market just over a year ago, we’ve seen substantial growth in the state’s digital economy. This expansion of our footprint in Perth will further our ability to offer affordable, scalable, lower latency options for our customers located on the West Coast of Australia and those global customers of ours who are interested in moving into the West Australian market. The interconnection options available in PE2, including our Equinix Cloud Exchange Fabric and subsea cable access, will help support our customers during their digital transformation journeys as they move their business closer to the digital edge and look to expand globally.”
Equinix,Inc. (Nasdaq: EQIX) connects the world's leading businesses to their customers, employees and partners inside the most-interconnected data centres. On this global platform for digital business, companies come together across more than 50 markets on five continents to reach everywhere, interconnect everyone and integrate everything they need to create their digital futures. Equinix.com.au.
This press release contains forward-looking statements that involve risks and uncertainties. Actual results may differ materially from expectations discussed in such forward-looking statements. Factors that might cause such differences include, but are not limited to, the challenges of acquiring, operating and constructing IBX data centres and developing, deploying and delivering Equinix services; unanticipated costs or difficulties relating to the integration of companies we have acquired or will acquire into Equinix; a failure to receive significant revenue from customers in recently built out or acquired data centres; failure to complete any financing arrangements contemplated from time to time; competition from existing and new competitors; the ability to generate sufficient cash flow or otherwise obtain funds to repay new or outstanding indebtedness; the loss or decline in business from our key customers; and other risks described from time to time in Equinix filings with the Securities and Exchange Commission. In particular, see recent Equinix quarterly and annual reports filed with the Securities and Exchange Commission, copies of which are available upon request from Equinix. Equinix does not assume any obligation to update the forward-looking information contained in this press release.
1 Government of Western Australia, media statement, April 1, 2019