The TY5 facility is also expected to meet growing demand from cloud and content providers for data centre and interconnection services in Tokyo.
The data centre market in Japan is forecast to reach $14.2 billion by 2016, according to Forrester, and Equinix hopes the expansion of its services in the country will help to meet these demands and further enable the development of businesses in Japan.
“As Tokyo is a major international finance centre that houses some of the world’s largest investment banks, trading platforms and insurance companies, it is important that we provide the necessary interconnection services to meet these increasing demands,” said Kei Furuta, managing director at Equinix Japan.
“The new TY5 data centre will do just that, as customers will have direct access to Equinix’s established financial ecosystem in TY3. Cloud, content and network providers will also have the opportunity to rapidly expand their business by connecting to TY5, meeting their customers’ international and domestic connectivity needs.”
The facility will be located near Tokyo’s financial district and in close proximity to the Japan Exchange and Tokyo Commodity Exchange. It will also have a direct fibre connection to TY3, enabling new customers to access its financial services ecosystem.
When completed, TY5 will provide a total capacity of 725 cabinets in 54,663 square feet of space.