Equinix on Wednesday said it has completed first phase of its fifth data center in Zurich.
Earlier, the data center provider announced that it would spend around $650 million towards capital expenditures (Capex) in 2013. Out of this, $165 million will be for ongoing capital expenditures and around $485 million for expansion capital expenditures.
The Nasdaq-listed Equinix claims that it provides more data center space than any other provider in Switzerland.
Facilities at the Zurich data center include better levels of network density, mature ecosystems and 100 percent green power in all facilities.
Equinix says the company would address demand from network, cloud, content, enterprise and financial services firms with the new ZH5 data center in Zurich.
Enterprises will benefit as the new data center offers connectivity to 90 network service providers, plus SIX Swiss Exchange, the Swiss stock exchange, and Switzerland’s two largest internet exchanges — Equinix Internet Exchange and Swiss IX.
Moreover, enterprise customers can directly connect to other businesses within ZH5 or between data centers on the same campus.
When the entire facility is completely built out, the data center is expected to provide approximately 6,670 square meters (71,800 square feet), or more than 2600 cabinets of high-density power customer space, said Equinix.
“With two of the largest internet exchanges in Switzerland at their disposal, customers will have immediate access to leading levels of network density and ecosystems, which will enable them to reduce costs, benefit from enhanced performance and add value to their business,” said Marco Dottarelli, managing director, Equinix Switzerland.