Equinix and GIC to invest US $ 525 million to build hyperscale data centres in Korea
NEWS quinix has announced the signing of an agreement to form
E a US $ 525 million joint venture with GIC , Singapore ’ s sovereign wealth fund , to develop and operate two xScale data centres in Seoul , Korea .
This new joint venture , in the form of a limited liability partnership , will bring the global xScale data centre portfolio to more than US $ 8billion across 36 facilities and an expected greater than 720 megawatts of power capacity when completed and fully constructed .
Charles Meyers , President and CEO , Equinix , said : “ More and more organisations are embracing a digital-first strategy to scale their operations , enhance the experiences of their customers and unlock the value of technologies like 5G , IoT , AI and Machine Learning .
“ Korea and the broader Asia-Pacific market are both enablers and beneficiaries as organisations prioritise Digital Transformation .
“ To address demand for cloud and digital infrastructure , we have continued to invest in the region through the expansion of International Business Exchange ( IBX ) capacity and locations , as well as the expansion of our hyperscale program , xScale , in Australia and now Korea .”
The two facilities under this joint venture , to be named SL2x and SL3x , are expected to provide more than 45 MW of power capacity to serve the unique core workload deployment needs of hyperscale companies , including the world ’ s largest cloud service providers .
Pipedrive enhances service with Rackspace Technology private cloud management and UK data centre
ipedrive , a global sales-first CRM and intelligent revenue
P management platform for small businesses , has announced the opening of a newly built Rackspace OpenStack private cloud environment in the UK , provided by Rackspace Technology .
Now live , the private cloud environment brings Pipedrive closer to its European customers outside of the EU , including in the UK . The presence ensures Pipedrive is able to minimise response times and meet these territories ’ security , compliance and data sovereignty requirements .
In addition , Pipedrive will be enhancing its managed Amazon Web Services ( AWS ) environment to launch additional application regions via AWS , further expanding its reach for customers . a fourth cloud region to better scale the platform to the needs of regional customers . The addition also lessens the risk to customers in the unlikely event of data centre or connectivity issues across the world through a strategy of multiple regions . This reduces the risk of congestion or saturation on the platform and , therefore , the requirement for engineering remediation .
“ Pipedrive has grown dramatically from a 2010 start-up to a company with nearly 100,000 users in more than 150 countries worldwide ,” said Agur Jõgi , CTO , Pipedrive . “ We significantly benefit from the innovation Rackspace Technology offers customers and as our managed cloud provider it helps us to scale to match our rapidly growing customer base .”
Pipedrive , the New York headquartered , Estonian-born unicorn technology company , adds the UK data centre as
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