Equinix develops new data center in Milan
Known as ML5, the new data center is due to open in the first quarter of 2021.
Global interconnection and data center company Equinix Inc (NASDAQ:EQIX) today announced the development of a new data center in Milan.
Known as ML5, the International Business Exchange™ data center is due to open in the first quarter oof 2021. It will offer state-of-the-art colocation, as well as a host of advanced interconnection services, including Equinix Cloud Exchange Fabric™ and Equinix Internet Exchange™.
The innovative, modular construction of the site incorporates Equinix’s Flexible Data Center (FDC) principles, which leverage common design elements for space, power and cooling to ensure long-term maintenance predictability. This approach provides customers with high standards for uptime and availability while lowering operating risk and complexity.
The ML5 IBX is the fourth data center for Equinix in Italy, where existing Equinix data centers provide access to a wide choice of network service providers, internet exchange points, content delivery networks and cloud service providers. This expansion further supports Italian businesses with advancing their digital transformation strategies, as well as enabling global companies across industries to expand their operations in Italy – spurring innovation.
Organizations working to accelerate their evolution from traditional to digital business can utilize the new site to dynamically scale their IT infrastructure, adopt hybrid multicloud architectures and interconnect with strategic business partners within the Platform Equinix® global ecosystem of nearly 10,000 customers.
Equinix IBX data centers in Milan support 160+ companies, including major telecommunications carriers via Milan’s principle interconnection hubs. The sites also provide direct connections to the Milan Internet Exchange (MIX), TOP-IX and major telecommunications carriers.
Equinix data centers protect and connect the critical digital assets of global financial services firms in the world’s top financial centers. Milan plays a vital role in Italy’s economy and is home to the country’s only stock exchange, Borsa Italiana.
The $51 million first phase of ML5 is expected to provide a capacity of 500 cabinet equivalents and colocation space of approximately 15,000 square feet (1,400 square meters). Upon completion of the planned future phases, ML5 is expected to provide total capacity of more than 1,450 cabinet equivalents and colocation space of more than 45,000 square feet (4,200 square meters).
The new site is being built in line with global environmental standards and will contribute to a portfolio of some of the most energy-efficient data centers in the world. ML5 will utilize 100% renewable energy and is designed to LEED Gold standard.