GTT Communications has launched its managed software-defined WAN (SD-WAN) service.
GTT is leveraging various assets for its managed SD-WAN service, including a Tier 1 IP network ranked top five in the world, connectivity to leading cloud service providers across 300+ global points of presence, and a portfolio of diverse last-mile connectivity options to any location in the world.
Using VeloCloud’s Cloud-Delivered SD-WAN technology, the offering will include dynamic bandwidth management and optimized application performance. The service will also simplify network control.
“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,” said 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.”
IDC has forecast that the worldwide SD-WAN market for infrastructure and services will exceed $6 billion in 2020. For the 2015–2020 period, IDC estimates that the compound annual growth rate (CAGR) for SD-WAN will be 93 percent.
“Our research indicates that enterprises are constantly seeking more cost-effective delivery of business applications,” stated Mark Winther, group vice president for Worldwide Telecom Consulting at IDC. “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.”
