Global interconnection and data center company
Equinix has developed a data center in Tokyo, Japan, to cater for increased demand for its data center services. This is the fourth International Business Exchange™ (IBX®) data center the company has built in the city and TY4, as the data center is named, represents a $43 million investment. The center was built in the Tokyo's Ōtemachi business district - a financial and the Internet Exchange hub where 4,000 large enterprises and financial firms are headquartered.
Equinix's TY4 data center will have fiber connectivity to its three other Tokyo IBX data centers and will be launched in two phases. Phase one of the launch will provide a total of 450 cabinet equivalents and is scheduled between the start of July to the end of September 2013. The center will ultimately offer 750 cabinet equivalents.
There has been significant growth in data center services in Japan over recent years, and research by the International Data Corporation (IDC) suggests Japan's data center market will grow annually at a rate of 8.6% between 2010 and 2015, generating 1.4 trillion yen (US$20 billion) in 2015. The country's colocation market will also grow 4.2% during the same period of time and generate 742.6 billion yen (US$9.26 billion) in 2015.
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