IXcellerate plans to invest $260 million to expand capacities and build new data centers in Russia
February 6, 2019, Moscow, London—IXcellerate, Russia’s leading commercial data center operator, announced the start of the construction of its second data center in Moscow, scheduling investments of $260 million within its 5-year development strategy in Russia.
The digitalization and increased commercial demands for cloud platforms enable further growth of IXcellerate within Russian Federation, through capacity expansion and M&A.
Investments will be sourced by shareholder contributions, bank financing and foreign capital. The investment program promotes the building and acquisition of new sites, increasing the number of facilities in the Moscow region between 2019-2023. Within 5 years, the company will operate the existing Moscow One Datacentre and manage at least 4 additional sites. The largest campus will accommodate up to 10,000 racks within its data halls. According to the business plan, IXcellerate’s total capacity will exceed 15,000 racks by 2023, making up to 25% of the local market.
The first step in this strategic vision is the $30mln investment tranche in 2019 to build and launch IXcellerate’s second data center – Moscow Two. This facility will be Tier III-certified and large enough to host 1,485 high-load racks totaling 12MW of power.
Guy Willner, CEO of IXcellerate: “The demand for secure data storage and processing is increasing globally every year and growth in Russia is no exception. For any developed economy, commercial data centers are as important today as railways were for the Industrial Revolution of the 19th century. Six years on from its foundation, IXcellerate has become one of Russia’s top data centers, meeting all standards and principles of Edge Computing, providing advanced technology and world-class service within optimal latency.”
According to independent analysts, IXcellerate is named among Russia’s Top 5 data centers with its 1,835 racks, the country’s largest data hall holding 1,100 racks, and SLA guaranteed at the level of 99.999% with its growth reaching 101% YoY
The data center’s customer base includes over 100 international and Russian companies. IXcellerate is chosen for its bespoke service and reliability. In 2018, the company has signed a strategic partnership and service contract with one of China’s leading cloud services providers – Tencent Cloud. Over the past 12 months, more than 600 Tencent racks were installed in IXcellerate Moscow One, becoming the data center’s largest project. Tencent’s infrastructure will be used for the development of its cloud services and gaming. This project opens up new prospects for the company in Russia, which has the most number of Internet users in Europe (about 100 million) with 75% penetration rate. All provided services will be in full compliance with Russian legislation, including storage and processing of personal data.
Patrick Lee, Tencent Cloud representative: “Tencent Cloud is pleased to work with IXcellerate to expand our global footprint in Russia. We are grateful for IXcellerate team’s Herculean efforts, timely delivery and cooperation to help build a leading cloud infrastructure in Moscow. We look forward to more collaborations and opportunities within IXcellerate’s ecosystem in the near future”.
Dmitry Fokin, Managing Director of IXcellerate: “We appreciate the partners’ confidence in us and always strive to go the extra mile for them.”
О компании IXcellerate
IXcellerate is leading operator of a Russia’s commercial data center in Moscow. The company offers customized solutions for placement of server and telecom equipment with capacity growth and colocation options to match client needs.
According to Cnews Analytics, IXcellerate is one of Russia’s top 5 data center market players, ranking 4th with a total capacity of 1,835 rack units. www.ixcellerate.com