Data is increasingly becoming the currency of the global digital economy. And, it is the direct, private data exchange between and among businesses that is driving global economic growth. For enterprises to monetize their data and extract the most value from it, they must re-think their data architectures to find the best ways to aggregate, exchange and manage data at the edge—and at scale.
Digital transformation is a complex undertaking for any enterprise. The desired business outcomes, architectures and execution rely on a multi-vendor delivery model with a vertically integrated enterprise technology stack that consists of a hybrid environment made up of on-premise, colocation and cloud-based solutions.
One of the most critical factors to consider before enterprises undergo a digital transformation journey – one that involves the consolidation of their data center assets – is how to build an Interconnection strategy. This enables them to build business capabilities around their partner ecosystems to deliver services to their users and end-customers.
Enterprise customers are trying to identify workloads that can be “cloudified,” and most importantly, drive enterprise architecture transformation across multiple regions.
This massive opportunity for business growth and interconnection has increased demand for multitenant data centers and led us to open our third International Business Exchange ™ (IBX®) data center in Singapore. SG3 is the largest Equinix data center in Asia-Pacific, with 35,000 square meters of colocation space and room for 5,000 cabinets at full build-out.