Equinix Eyes Latin America with $76m Data Center

In its latest press release, Equinix, a company that provides services related to global interconnection solutions, has announced its desire to open another Data Center Data Center A data center is a building or network used to house computer systems and associated components, such as telecommunications and storage systems.This generally includes redundant or backup power supplies, redundant data communications connections, environmental controls, and various security devices. Large data centers are industrial scale operations using as much electricity as a small town.Over the past decade, data center space has been growing at an incredible rate. This has increased as more A data center is a building or network used to house computer systems and associated components, such as telecommunications and storage systems.This generally includes redundant or backup power supplies, redundant data communications connections, environmental controls, and various security devices. Large data centers are industrial scale operations using as much electricity as a small town.Over the past decade, data center space has been growing at an incredible rate. This has increased as more Read this Term in Brazil. This will be the fifth International Business Exchange (IBX) facility belonging to the entity.

The new data center – SP3 – should be located in Sao Paulo. The first part of the investment is valued at $76 million. The firm assumes however the possibility of five additional phases – the entire project should be completed by the first quarter of next year.

The main aim of SP3 focuses on providing additional resources to support the requirements of the IT infrastructure for local and international businesses operating in Brazil. The center should offer 2,800 cabinets, doubling the current Equinix inventories in South America.

Earlier this month, Finance Magnates reported on the opening of the company’s data center in Tokyo. Its services are directed primarily to companies representing the financial sector, content and cloud providers. According to the announcement, Equinix looks to be in possession of 150 data centers by the end of 2016. The latest acquisition of Japanese Bit-isle and EMEA’s Telecity should help with achieving that goal.

As reported by Karl Strohmeyer, president of Equinix Americas, in a recent official press release on the project: "We continue to see increasing market demand for interconnection and colocation in Brazil. The new SP3 facility will meet these needs while giving Brazil companies the opportunity to Leverage Leverage In financial trading, leverage is a loan supplied by a broker, which facilitates a trader in being able to control a relatively large amount of money with a significantly lesser initial investment. Leverage therefore allows traders to make a much greater return on investment compared to trading without any leverage. Traders seek to make a profit from movements in financial markets, such as stocks and currencies.Trading without any leverage would greatly diminish the potential rewards, so traders In financial trading, leverage is a loan supplied by a broker, which facilitates a trader in being able to control a relatively large amount of money with a significantly lesser initial investment. Leverage therefore allows traders to make a much greater return on investment compared to trading without any leverage. Traders seek to make a profit from movements in financial markets, such as stocks and currencies.Trading without any leverage would greatly diminish the potential rewards, so traders Read this Term the full scale of Platform Equinix into 40 key markets globally as business needs evolve."

The Brazilian data center is to be located over an area of 215,000 square feet, providing approximately 13.3 megawatts of energy to customers. The center will also cooperate with another local facility – SP2 – guarantying direct access to 6,300 companies and 1,1500 networks with very low latency.