Equinix announced it will build a new data center in Helsinki, Finland – spending $20 million for the first phase that will open in Q2 2019.
The new data center supports demand for interconnection bandwidth capacity from local and multinational enterprises looking to gain a competitive advantage in the digital economy, Equinix said.
Helsinki is an ideal location for companies that offer solutions globally and need interconnection to Cloud Service Providers (CSPs) or business ecosystems to address changing business needs.
The HE7 data center will enable customers to interconnect with 135 plus businesses in Finland. HE7 will add 250 cabinets in its initial phase and expand to 1,475 cabinets at full build. The data center will use 100 percent green energy.
HE7 will also provide dynamic software-defined interconnection through the Equinix Cloud Exchange Fabric to over 1,300 businesses including some of the largest CSPs including Microsoft Azure, Google Cloud Platform, Amazon Web Services (AWS) and Oracle Cloud.
Interconnection Bandwidth is expected to grow 48 percent per annum in Europe to reach 1,900+ Tbps by 2021, contributing to around 23 percent of Interconnection Bandwidth globally.
Helsinki’s location is reinforced by strong infrastructure in Europe including subsea cables.
Connectivity to the Cinia C-Lion1 submarine data cable between Finland and Germany will be the main yet backbone.
Equinix customers can benefit from a capacity of 144 terabytes per second and a latency below 20 milliseconds between Helsinki and Frankfurt, said Sami Holopainen, managing director of Equinix Finland.