Equinix announced that construction of phase two of its third Sydney International Business Exchange data center has begun six months ahead of schedule.
Driven by high demand for premium colocation and interconnection services from cloud and financial service providers, Equinix is investing an additional $50 million into the expansion of SY3, doubling the number of cabinets to 2,000. The expansion capital required is already reflected in the company's 2012 guidance.
As Australia's cloud industry is growing in size and sophistication, phase one of Equinix SY3, which opened only last year, has seen rapid uptake. More than 60 new customers have made SY3 their home, bringing forward the construction of phase two.
One of the companies that have taken advantage of SY3 is Brennan IT, the winner of Australian Reseller News' Cloud Provider of the Year 2011/12 award. Brennan IT is rolling out its cloud services platform to small and medium sized enterprise customers, leveraging SY3's core infrastructure, along with the plethora of connectivity options available from 65 telecommunication networks.