Enterprises today must deliver business applications to end users reliably and cost-effectively, and many are choosing to streamline the process using managed software-defined wide area networking (SD-WAN) solutions. According to IDC, the global SD-WAN market for infrastructure and services will grow at a compound annual growth rate (CAGR) of 93 percent between 2015 and 2020, reaching $6 billion.
One company that recently launched a new managed SD-WAN service is GTT Communications, Inc. GTT’s new managed SD-WAN service expands the breadth and flexibility of its cloud networking services, thus supporting the rapid growth of enterprise network traffic while also connecting people across organizations and around the world.
The managed SD-WAN service utilizes a Tier 1 IP network that is ranked top five in the world. The service offers a broad portfolio of diverse last mile connectivity to any location, as well as extensive connectivity to leading cloud service providers across over 300 global points of presence (PoP).
GTT’s new service leverages VeloCloud’s Cloud-Delivered SD-WAN technology, which enables dynamic bandwidth management and optimized application performance, plus the ability to integrate cost-effective network technologies into the corporate WAN while simplifying network control, especially for branch locations.
“As enterprise traffic continues to grow rapidly, GTT is committed to delivering cloud networking services that are application-aware and responsive to ever-increasing bandwidth demands,” explained Rick Calder, GTT president and CEO. “We are pleased to partner with VeloCloud for our Managed SD-WAN initiative, providing our clients with optimized performance and cost-effective network expansion.”
VeloCloud CEO and co-founder Sanjay Uppal also spoke about the partnership.
“A global footprint, cloud expertise and advanced managed services, combined with simplicity, speed and agility, make GTT an ideal partner for VeloCloud,” said Uppal. “The true multitenant VeloCloud Cloud-Delivered SD-WAN architecture, service model and capabilities align seamlessly with GTT’s global network services, to deliver a scalable, high-performance, secure global Managed SD-WAN offering to multinational businesses for cloud-based and on-premises applications.”
Mark Winther, group vice president for Worldwide Telecom Consulting at IDC, added further commentary on why businesses are seeking SD-WAN solutions.
“Our research indicates that enterprises are constantly seeking more cost-effective delivery of business applications,” stated Winther. “SD-WAN technology is an attractive networking platform to help enterprises adapt to the growth in cloud computing, improve network efficiencies and simplify WAN management, especially for branch locations. GTT and VeloCloud are well positioned to capitalize on the potential of SD-WAN technology and services for the enterprise market worldwide.”
To learn more about GTT, click here.