Equinix officially opened its fourth International Business ExchangeTM data center in Otemachi, Tokyo, Japan to service a potential US$6bn colo market.
A report from Fuji Chimera Research Institute said the Japan data center colocation market is forecast to reach 608 billion yen (approximately $6B) in 2017.
As we reported in January Equinix is investing $43M in TY4, providing total capacity of 750 cabinet equivalents with 450 cabinets available in the first phase.
Companies such ABN Amro Clearing and Box have already expanded into Equinix's IBX in Japan.
Sean Lawrence, chief executive officer, ABN AMRO Clearing, Tokyo, said: “The unique Equinix model with access to more than 70 carriers and network providers locally, and direct access to cable systems is unparalleled in Japan, which makes it the natural choice for multi-venue trading strategies, not only within Japan but between North America, Asia and Australia."
The announcement follows plans to build in Osaka (OS1), as well as build its third Singapore data center (SG3). A partnership with PT Data Center Infrastructure Indonesia (PT DCI) was announced as well as its plan to launch the fifth phase of its SG2 data center and complete the second phase of its fifth IBX facility in Shanghai.
Kei Furuta, managing director, Equinix Japan K.K. said: "The opening of our fourth data center in Tokyo is in response to the ongoing high demand for interconnectivity, efficient space and power capacity we are experiencing from customers in the region.”
Read a briefing with the Japan Data Center Council in the current issue of FOCUS magazine. Access the digital edition or download the iPad version.