MOD Mission Critical is on the verge of explosive growth.
This week, MOD announced the addition of 18 new global managed service Points of Presence (PoPs). The new managed service PoPs are strategically located in key markets across the U.S., Canada and Mexico, taking the total number of its managed service PoPs to 26, globally.
Why is MOD undergoing such aggressive expansion? The growth in managed service PoPs comes in direct response to the booming international managed services market. According to Statista, the global managed services market will grow from $155 billion in 2016 to $229 billion in 2020. The increased IPv4 network address requirements of customers in security, e-retail and advertising verticals are also driving MOD’s expansion.
According to Mike Hollander, Co-Founder and CEO of MOD Mission Critical, the company is committed to providing data center and network services for customers across the world.
“Given the increasing digitalization and globalization of business, particularly across advertising, e-retail and security sectors, MOD recognizes the importance of providing managed IT and colocation services wherever our customers need to be,” Hollander explained. “MOD’s aggressive expansion into strategic domestic and international locations around the world with the establishment of these new Managed Service Points of Presence — and in view of the growing international managed services market, the majority of whose customers have IPv4 network address requirements — allows our company to play to its greatest strengths.”