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Equinix opens new IBX data center in Singapore
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 Equinix in 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 networkdense 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 .” p
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