Modern-day businesses utilize bandwidth-intensive applications such as social and multi-media, streaming/interactive video and cell phones equipped for Internet access as a daily aspect of their professional environment. This constant use of bandwidth requires the constant supply of access network capacity – especially in a major metropolitan city and hub of international business and commerce like New York City.
With a population of approximately 8.2 million people, New York City has one of the greatest demands for access network capacity. In an effort to meet this ever-growing demand, Global Capacity, the leading telecommunications information and logistics company, has expanded its One Marketplace Access Exchange with a new Point of Presence (PoP) at 60 Hudson Street, New York. One Marketplace Access Exchange is an automated platform that connects customers and suppliers and enables efficient pricing, procurement, provisioning and management of access networks. Since the expansion of the solution within New York City market, One Marketplace has experienced an increased quote volume of 155%.
“The One Marketplace Access Exchange continues to set the standard for enabling an efficient and transparent access market,” comments Patrick Shutt, CEO of Global Capacity. “As part of Global Capacity’s strategic plan to grow One Marketplace in ways that complement our existing customers and suppliers, the addition of a hub in New York City makes perfect sense.”
The colocation facility at 60 Hudson Street is considered to be one of the most important telecommunications hubs in the world, and houses many of the largest global carriers and service providers. By expanding its PoP to this ‘premier carrier hotel,’ Global Capacity also establishes network interconnections with Sidera Networks, the premier provider of fiber optic-based network solutions, and Telx, a leading provider of global interconnectivity, cloud enablement services and data center solutions.
“With an interconnection to One Marketplace Access Exchange, Sidera Networks is able to extend its access network with competitive quotes from multiple vendors in seconds,” comments Clint Heiden, President of Sidera Networks. “At the same time, this interconnection allows us to aggregate and actively market our, unique ultra-low latency network and diverse New York/New Jersey metro routes through the marketplace.”
Les Williams, Product Director for Telx, continues, “Connecting with Global Capacity enables the global Telx community access connectivity to locations served by One Marketplace, translating to increased competitive advantage and faster time to market.”
Global Capacity’s new PoP adds an additional connectivity point to One Marketplace Exchange’s existing list of critical interconnection points located in major telecommunications hubs across the United States. The proven platform enables both buyers and sellers of capacity to meet increased supply and demand while expanding the breadth and reach of their network capabilities. Furthermore, it spurs healthy competition amongst sellers and allows Global Capacity to procure services from carriers based on member demand.