Following hot on the heels of our expansion plan for our fourth International Business Exchange™ (IBX®) data center in Singapore - SG4, I am thrilled to share some more exciting news. We are entering into a whole new market - South Korea - with a new IBX data center in Seoul, scheduled to open in Q3 2019.
Today, we are announcing the purchase of a new facility in Hamburg (HH1) that will enable us to serve the digital business needs of businesses in the northern part of the country. This will expand our reach to a number of new customers - including many multinationals - in Germany’s already thriving financial services, manufacturing, transportation, gaming, healthcare and retail industries.
SG4, a new facility scheduled to open in Q4 2019, will provide interconnection and premium data center services to help businesses with their IT transformation and cloud adoption initiatives. It will help support the digital infrastructure of Singapore as the government strives to transform the country into a connected society via a variety of initiatives.
While Equinix has a remarkable track record of innovation, customer-centricity, operational excellence and 63 consecutive quarters of growth, we – like any company with ambition in a disruptive age – will need to continuously strive to evolve.
As we move forward, I want to further extend the Magic of Equinix to our customers, helping them solve their evolving challenges in an ever-changing world. By keeping customers at the center of everything we do, we can leverage our global reach, scaled ecosystems, leading interconnection portfolio and track record of operational excellence to enable our customers to reach everywhere, interconnect everyone and integrate everything needed to succeed in this digital era.
The internet is under constant attack from many directions and that’s increasing every day. The Internet Society recognizes this reality and is in strong support of the Mutually Agreed Norms for Routing Security (MANRS) global initiative. This organization provides guidelines and assesses each group’s implementation of best practices to prevent occurrences of traffic hijacking, address spoofing, DDoS and other common threats.
The annual release of our Corporate Sustainability Report provides a transparent look at the ways Equinix is reducing our environmental impact and improving the lives of those around us in our key focus areas: environment, people, governance and community. It also details why we’re doing it.
Without world-class data centers, Equinix wouldn’t have been much more than a cool idea. Our data centers set the standard on five continents, and they’re part of an ever-expanding footprint that’s shaping the future of the digital world. As the head of global operations for Equinix, I can tell you none of that is an accident. It’s about passion, diligence and design – right down to the blue light on our colocation floor. It’s also about knowing as we build on our success that we can’t take the lessons of the past or the rewards of the future for granted.
An interconnected world that promotes connectivity and cooperation creates growth opportunities. In Asia-Pacific, the demand for connectivity is obviously growing. According to the Global Interconnection Index, published by Equinix, Interconnection Bandwidth in Asia-Pacific is expected to grow 46% per annum to reach 1,120 Tbps of installed capacity, approaching nearly a quarter (22%) of global traffic.
Every day we talk to enterprises across a variety of industries who are working hard to build best practices for doing business in an everchanging digital world. Our place at the intersection of all of these industries and trends gives us a unique perspective into how digital is impacting the way we all do business today, and what's coming next.