Equinix, a Digital infrastructure company, has completed the phase 2 expansion of its ME2 International Business Exchange data center in Port Melbourne. With the US$16 million ($23 million) data center investment, capacity is increased by 500 cabinets to 1,500, and more than 4,070 square meters of co-location space is available. When completed, ME2 will have 3,000 cabinets and more than 8,190 square meters of space.
According to Guy Danskine, Equinix Australia managing director, the expansion of ME2 in Melbourne is a reflection of their continued dedication to and strategy for ensuring that their clients have access to a wide and varied ecosystem of network and cloud connectivity services required to meet their growing needs for digital transformation.
He also added that Melbourne serves as a key center for digital innovation and in order to support and facilitate its own continuing change, it has attracted large investments in its fundamental infrastructure. With the help of as-a-service consumption models and hybrid multi-cloud methods, their extended ME2 facility guarantees that they can offer safe, high-speed, and low-latency digital infrastructure and services.
Moreover, more than 280 customers are served by Equinix’s Melbourne IBX data facilities. They can access a variety of network services from over 55 different network service providers through the data center, which also connects them directly to other participants in the digital supply chain.
The facilities, which span two sites, meet the expanding interconnection requirements of companies seeking access to Melbourne. The fact that all of the major cloud service providers, including Microsoft, Oracle, and Google, have dedicated cloud regions in the city, with AWS anticipated to follow suit later this year, serves as an example of Melbourne’s strategic relevance.
“Accessing public clouds locally provides a range of benefits, such as network efficiency and cost reduction, increased data security, and enhanced collaboration… This ensures customers benefit from the advantages of deploying cloud-based services at the network’s edge, where digital leaders in sectors like financial services, education, healthcare, research and development, and government can rethink business processes and accelerate innovation.” said Danskine.
According to the Equinix 2022 Global Tech Trends Survey, 72% of Australian respondents stated their company expects to expand into new areas over the next 12 months. Melbourne, according to 49% of respondents, is the most popular market for having a presence in or expanding in.
In line with this, to support their growth plans, Equinix keeps adding more capacity where it is needed so that companies may take use of the advantages and efficiency of digital models, such multi-cloud strategies, as a key source of competitive advantage.