Our brand-new SV10 building showed well when it took the spotlight at the facility’s recent opening in Silicon Valley, and why not? It’s cool-looking, it’s adding needed colocation capacity in a tight market and its design reflects Equinix’s commitment to security, reliability and energy efficiency. But at its core, the opening of SV10 is primarily about the power of Interconnection.
Interconnection, defined as private data exchange between businesses, is driving the digital economy. Businesses know that to compete, they must instantly, directly and securely connect with partners, customers and employees globally. Interconnection is what brings these different parties close together, for the low-latency, high-performance connectivity needed to do business in a digital age.
The Global Interconnection Index, a market study we recently published, offers an unprecedented look at the emerging importance of Interconnection. One of its key projections is that Interconnection bandwidth is estimated to grow globally to 2020 at twice the rate of the Internet. It also projects a 39% annual growth in Interconnection Bandwidth capacity in Silicon Valley over the next three years. By building SV10, Equinix is doing what we’ve always done as we’ve expanded across 44 markets worldwide – striving to keep pace with our customers’ regional and global Interconnection needs.
SV10: The New man on campus
The minute it opened, SV10 became a major asset at the 13-building campus we’ve built at our Silicon Valley metro, and that’s no small thing. This metro is our second-largest globally (behind Washington D.C.) and an important player in this world-famous tech center. Here’s a telling stat: About 90% of internet traffic on the U.S. West Coast flows through Equinix’s Silicon Valley metro.
SV10 is right next door to our SV1 and SV5 facilities, so everyone in either facility might as well be right across the aisle from each other. But SV10 is also connected by our Metro Connect network to nearly every other Equinix data center in Silicon Valley.
Together, these highly interconnected data centers host 625 companies, including 140 network service providers and a range of cloud and IT service providers. Instant access to the digital ecosystems of providers, partners and suppliers that live and thrive at our Silicon Valley campus means unmatched choice for our customers as they design their own paths to growth as digital businesses.
Whenever we expand at Equinix, we always have this in mind: The better we do our job, the better our customers’ chances for success. Building places like SV10 adds space for our digital ecosystems to grow, provides more places for customers to get closer to essential services and users, and ultimately offers more opportunities for the Interconnection and innovation they need.
Equinix has spent more than $18 billion since our founding to build and expand data center facilities and campuses worldwide. We aim to anticipate and stay ahead of customer demand for Interconnection, and SV10 is another example of our continuous efforts to do that.
What’s inside SV10
It’s clear from pictures of SV10 that this is a good-looking building, inside and out, but its quality extends well past the surface. It also has state-of the-art-security and the same commitment to reliability that gives Equinix a global average uptime of 99.9999%. And SV10 has a variety of efficiency features: Indirect evaporative cooling technology at SV10 saves water, a hot-aisle containment system reduces cooling costs, and rooftop solar and fuel cells supply greener energy.
In short, SV10 is built to the higher standard that’s helped make Equinix the colocation market leader, it’s located in a region with a huge and growing demand for Interconnection, and it’s already a critical part of our Silicon Valley campus and our broader global colocation and interconnection platform, Platform Equinix™. Interconnection is essential to the digital economy, and SV10 is another way we’re keeping our customers ahead of what’s coming.
Read more projections about the future of Interconnection, and why it matters, in the Global Interconnection Index.