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Treasury & Capital Markets
Pacnet opens tier III data centre in Tianjin
Pacnet officially opened its new data centre in Tianjin, China (TJCS1) to address growing demand for data centre and managed services in the Beijing-Tianjin-Hebei region.
The Asset 28 Oct 2014
Pacnet officially opened its new data centre in Tianjin, China (TJCS1) to address growing demand for data centre and managed services in the Beijing-Tianjin-Hebei region. The new facility provides software-defined networking (SDN) capability to give full network control to its customers to self-provision bandwidth on demand based on their business needs.
 
The facility is located in the Gaocun Science & Technology Innovation Park of the Tianjin Wuqing district in China. Developed by Pacnet's equity joint venture in China, Pacnet Business Solutions (PBS), and the Tianjin Wuqing government, TJCS1 is capable of hosting 2,000 racks.
 
The opening of this facility is instrumental in helping to establish the park as a leading technology hub in Northern China.  Its launch parallels the objectives of recent government plans to integrate the Beijing, Tianjin and Hebei provinces into a single megalopolis, promoting China's economic restructuring and its consumption-driven and sustainable growth.
 
"We are excited to launch one of our largest data centre facilities in the rapidly developing city of Tianjin. The facility further reaffirms our capabilities in meeting data centre needs of both domestic enterprises, and multinational corporations in the world's fastest-growing economy," said Carl Grivner, chief executive officer of Pacnet.
 
According to Gartner, China's data centre capacity will grow at a compound annual growth rate (CAGR) of 11.3% through 2016.  During this same time, IDC also estimates the total China internet data centre services market to reach a value of US$3.9 billion in 2017, up from US$1.7 billion in 2012, implying a CAGR of 25%.
 
TJCS1 is connected to the Beijing data centre of China international data system (CIDS) via Pacnet enabled network (PEN), an industry-first service platform that leverages SDN to deliver flexible and scalable bandwidth configurable by customers. 
 

    

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