Business News

Equinix makes €5 million land purchase as Irish data volumes soar

By Business & Finance
17 September 2018
Maurice Mortell, Equinix’s Managing Director for Ireland and Emerging Markets.

Equinix, the global interconnection and data centre company, announced that it has purchased 8.2 acres of land for €5 million.

The site is located in Ballycoolin, Dublin, and will allow Equinix to consider further expansion in Ireland.

The land acquisition represents a move by the global tech giant to position itself at the heart of Ireland’s digital economy. The location is populated by some of the biggest internet and cloud service providers in the world – crucial for enterprises looking to quickly and efficiently interconnect and exchange critical data with customers and partners.

As businesses boost their digital prowess, data volumes are soaring. New research carried out by Equinix shows that Irish enterprises expect their data volumes to grow by an average of 72% in the next three years.1

Data centres contributing billions to Ireland’s economy

Figures published by IDA Ireland this year show that data centres have contributed €7.13 billion2 to Ireland’s economy since 2010. Since arriving in Ireland in January 2016, Equinix, the largest colocation provider in the country, has become a key player in stimulating this burgeoning digital landscape through its four data centres in Dublin.

Last year, the company launched ECX Fabric™ in Ireland. ECX Fabric is an on-demand platform that enables Equinix customers to discover and dynamically connect to any other customer across any Equinix location globally. Through a single physical connection and an easy-to-use portal, ECX Fabric provides access to more than 1,000 of the world’s largest enterprises and cloud service providers.

Maurice Mortell, managing director for Ireland and emerging markets, Equinix, said:

Ireland’s digital ecosystem is thriving and we have positioned ourselves at the centre of that. By operating in densely interconnected areas, we are where multinationals and Irish companies meet and collaborate digitally. We offer customers direct connectivity to more than 200 data centres in 52 markets.

1 Equinix/APCO Insight IT Decision-Makers Survey 2018

2 A Study of the Economic Benefits of Data Centre Investment in Ireland, IDA Ireland, May 2018