Equinix opens 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.
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. 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.
In conjunction with today’s opening of the SG5 IBX, Equinix organized a virtual event attended by Ms. Sandra Ng, Group Vice President, Practice Group, IDC, Mr. Foong Sew Bun, Managing Director and Group Head of Technology Services, DBS Bank, Mr. Romain Groleau, Managing Director, Accenture Southeast Asia and Mr. Wong Joo Seng, Founder and CEO, Spark Systems, to discuss sustainable digital infrastructure for Singapore and the region.
Jeremy Deutsch, President, Equinix Asia-Pacific, said, “Businesses in the Asia-Pacific region continue to increase their demand for digital infrastructure, with Singapore being the epicenter for digital business growth in the region. We see a growing shift in the priorities of business leaders towards investing in environmental, social and governance initiatives when they consider their digital transformation plans, and Equinix is in full alignment with these goals as we put our sustainability targets into action. The expanded footprint in Singapore further brings our global target towards building the digital infrastructure of tomorrow responsibly and sustainably.”
Yee May Leong, Managing Director, Equinix South Asia, added, “Singapore continues to flourish as the regional hub for digital exchange. Global businesses look to Singapore as the key location for where they build their digital infrastructure and leverage the ecosystem and cloud services available to ensure resilience, grow and scale across Asia-Pacific. As Singapore continues its Smart Nation journey and towards its National Green Plan 2030, we continue to support the digital transformation of the private and public sector with commitment in action for environmental sustainability.”
