Equinix is set to expand its data center at its London Slough campus. The company will make $39 million investment to support its growth plans.
The expansion of the LD4 data center will enable customers to interconnect with 1,000 plus businesses in London including capital markets participants, insurers and electronic payments firms, as well as 200+ network service providers and 275+ cloud and IT service providers.
Following the expansion an additional 1,075 cabinets in approximately 3,300 square meters of colocation area will be added. Today LD4 has 3,777 cabinets in approximately 10,000 square meters of colocation area.
The London Slough campus, over 90 network service providers and access to a range of transatlantic cables, is one of the busiest network nodes in the UK, and offers latency in the region of 30 milliseconds to New York and 4 milliseconds to Frankfurt.
Russell Poole, managing director of Equinix UK, said: “The extension of our LD4 data center will help financial market participants continue to interconnect on a global scale.”
Interconnection bandwidth in Europe is expected to reach 1450+Tbps by 2020, contributing more than a quarter of interconnection bandwidth globally, according to Global Interconnection Index.
Banking and Insurance is expected to grow to reach 955+ Tbps of interconnection bandwidth by 2020. Furthermore, London is set to quadruple its private data exchange from 114 Tbps to 486 Tbps.