And today we are excited to announce the expansion of our footprint in this highly dynamic and innovative location, with the opening of our 11th International Business Exchange™ (IBX®) data center in the country - TY11, which is also our largest to date in Japan. This new data center in Tokyo and, along with 10 facilities in Tokyo and two in Osaka, brings the total number of IBX data centers in Japan to 13.
Though most businesses have access to redundant power levels (80% according to a recent AFCOM survey),many of them are not leveraging their full N+1 capabilities or using best practices to configure them properly. To accomplish this at Equinix, we provide N+1 uninterrupted power supply (UPS) power systems and dual power circuit feeds connected to two UPSs to our global data center customers.
Last week Equinix announced that we will open 12 new International Business Exchange™ (IBX®) data centers and expand 23 existing IBX data centers in 2019. We've already opened the doors to facilities in Paris and Shanghai, with locations opening soon in Helsinki, Sofia, London, Tokyo, Melbourne, Seoul, Warsaw, Hamburg, Sydney, and Singapore.
Equinix is establishing a new Innovation Research team, led by Dr. April Hood-Wink, to focus on advancing sustainable IT system design based on biomimicry principles. In one of their first projects, Equinix’s Innovation Research team is partnering with LaGrand University – known for their groundbreaking research into inter-tree communications – to test a new nature-inspired offering.
Water is essential to life. It covers 71% of the earth’s surface, mostly in seas and oceans, and it plays a vital role in the world economy. Many industries are dependent on water for production and trade, and it’s an important source of economic, social and human development.
In Sydney we’re preparing for the launch of our eighth data center, named SY5 – a US$160 million (approximately A$224 million) investment for Equinix. In Perth, we’ve spent almost US$10 million (A$15 million) to expand our PE2 data center over the past year, while today in Melbourne we announced the development of ME2, an initial investment of US$84 million (approximately A$117 million).
The LA IBX data centers are also the home of global subsea cable landing stations (CLSs) that interconnect metros worldwide over high-speed submarine cable systems to carry massive amounts of content and digital media (CDM) traffic between globally distributed filming locations and production and post-production partners.
Seventeen years, seven Sydney-based International Business ExchangeTM (IBX®) centers, and 45,000 square meters later, we’re preparing for the launch of our eighth data center in Sydney, named SY5 – a US$160 million (approximately A$224 million) investment for Equinix. It’s worth reflecting on how we got here and how things have changed thanks to our interconnection-led growth strategy.
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.