The CIO Challenge: Building a Holistic Cloud Architecture

The IT landscape is changing faster than ever and the impact on CIOs and the IT department are profound.

Key Learnings:

  • The changing role of the CIO
  • The importance of a private network
  • Selecting the right network partner

Click here to read the GTT article that appeared in the April 6 edition of The Telegraph.

Cloud Computing Success Demands the Right Cloud Connectivity

This white paper discusses why it is critically important for enterprises to use private connectivity, rather than the public Internet, to access their cloud IT applications and services.

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A Better Way to Reach the Cloud

Network connectivity is a fundamental requirement for realizing the benefits of cloud computing. Enterprises connecting to cloud infrastructure and applications via the Internet are concerned about security, application performance and reliability.  GTT provides network-enabled cloud solutions backed by the security and reliability of industry-leading service level agreements (SLAs).

Hear from our Managing Director, Andy Johnson, on how GTT provides a better way to reach the cloud.

 

The Cloud Doesn’t Work without the Network

Although each enterprise operating in today’s global economy is unique, practically all enterprise IT executives have three common objectives:

 

  • increase productivity
  • operate more efficiently
  • reduce costs

To help achieve these objectives, more and more IT executives are shifting their enterprise applications and services to the cloud.

Incorporating the cloud as a central component of the IT infrastructure is one of two critical steps necessary to achieve these objectives.  Enterprises also need to give careful consideration to the underlying network that connects to these cloud applications.

Eliminate Worries about Network Reliability

The rapid adoption by enterprises of cloud-based applications and services has led Frost & Sullivan to predict that Infrastructure as a Service (IaaS) revenues in 2015 will exceed traditional data center services revenues. In the firm’s 2014 Cloud Survey, 54 percent of the survey respondents said they have not moved their enterprises to the cloud because they question the reliability of the network.

So, whether they already have shifted to cloud computing or not, enterprise IT executives are taking a close look at the networks that connect the various pieces of their entire IT infrastructures.

Certainly the public Internet can deliver cloud connectivity, but savvy IT executives do not want to entrust their mission-critical business operations to this best-effort network. IT executives know the public Internet cannot guarantee data delivery, quality of service or service priorities, nor can it provide service-level agreements (SLAs). Not surprisingly, leading IT executives insist on a more effective, reliable and secure cloud-networking solution for their organizations.

The Cloud is Only as Good as the Network that Supports It

Many IT executives are opting for a private network-enabled cloud solution.  These executives know that not all networks–not even all private networks–provide equivalent levels of quality and performance. Realizing their enterprise cloud is only as good as the network that supports, leading IT executives are looking to both cloud service providers (CSPs) and network-service providers for private network solutions that are specifically designed to deliver application reliability, security and performance.

For their part, many CSPs are addressing IT executives’ concerns about reliability and security by offering core or optional security elements to their cloud services. In addition, more and more CSPs are teaming with network service providers in “network-enabled cloud” partnerships designed to ensure end-to-end security and application performance for enterprise clients. As a result, either by choosing the right network-service provider for cloud connectivity or by working with a CSP that already has a partnership with a strong network-service provider, enterprises can achieve the benefits of the cloud while eliminating associated reliability and security concerns.

The On-Demand Private Network Matches the On-Demand Cloud

A cloud-oriented private network, which consists of Ethernet and MPLS IP-VPNs and backed by strong SLAs, delivers the carrier-grade, cost-effective performance IT executives demand for their mission-critical enterprise applications and services. Also sufficiently flexible to adapt to the unique requirements of individual enterprise organizations and thereby ensure each can achieve its three principal cloud-computing objectives, a cloud-oriented private network offers:

  • burstable, on-demand scalability for each enterprise location – to ensure adequate bandwidth at all times, billing based on actual usage of capacity and elimination of the costs, both operationally and financially, of idle network capacity
  • automated, accelerated provisioning of new connections and rapid turn-ups of new services – to ensure enhanced enterprise productivity and operating efficiency, as well as a stronger competitive position in the marketplace
  • geographic reach from any enterprise location to any desired end point in the world – to ensure the network goes wherever the enterprise goes
  • carrier-grade reliability and performance – to ensure that enterprise data is always secure and always gets the most direct route possible, with the fewest number of hops, the lowest-possible latency and the maximum available bandwidth, between end points and the cloud
  • all these capabilities for a price that does not constrain the CapEx and OpEx budgets – to ensure that cloud computing, in fact, helps reduce enterprise costs

The Right Private Network Delivers on the Promise of Cloud Computing

Although the concept of the cloud often gets the lion’s share of attention, leading IT executives know that only by pairing that concept with the right network connectivity can they achieve the promised benefits of cloud computing. Either directly or in partnership with a cloud provider, the right network-service provider delivers high-performance, reliable and secure access to the cloud–the kind of access that enables IT executives to achieve their cloud objectives.

 

Top 3 Tips to Future-Proof the Cloud and the Network

Cloud adoption has moved beyond the tipping point, and enterprises are driving the trend. By 2017, enterprises will spend £142 billion globally on infrastructure and cloud-related services, predicts market research firm IHS. According to a Frost and Sullivan survey of CIOs, a cloud-ready network is the biggest infrastructure element needed for further deployment of cloud based services.

A fundamental requirement for realizing the benefits of cloud computing is high performance network connectivity. CIOs should consider three key elements when evaluating potential network-connectivity solutions and partners:

  1. Privacy, Security, and Reliability = Performance:

    The default to access cloud applications and services is the public Internet. While this may be adequate for consumer applications, enterprises should not rely on a best-effort network to support their mission-critical business operations. The Internet has variable performance characteristics, lacks an end-to-end service level agreement and can be detrimental to the end user experience of cloud based services. It is not engineered to meet the imperatives for business applications – guaranteed data delivery, quality of service or service prioritization.

  2. Enterprises should consider a private-network approach, one specifically designed to deliver cost-effective reliability, security and performance. A private-network solution comprised of Ethernet and/or MPLS based IP-VPNs and backed by strong SLAs, delivers carrier-grade performance in support of mission-critical enterprise applications and services.

  3. Global Reach and Capacity:

    Just as all enterprises are not alike, neither are all networks the same, meaning a cloud solution is only as good as the network supporting it. As today’s enterprise does business around the globe, they need a ubiquitous network able to reach any location worldwide. Whether offices are around the corner or across the globe, private, secure access to corporate resources is a must.

    CIOs should also consider whether a private network has the flexibility to scale bandwidth whenever necessary. An on-demand, burstable bandwidth model gives enterprises the confidence of having the necessary bandwidth at all times, without the financial burden of paying for idle capacity.

  4. Easy Access to Cloud IT Applications and Services

    The advent of cloud services and capabilities means enterprises can get best-of-breed services and applications from anywhere, anytime, from any device.

    These cloud services are generally hosted in the major data centres of the world. To maximize their cloud investment, enterprises should seek network partners with global reach and connectivity to these same major data centres.

    The combination of high-performance network connectivity and close proximity to cloud-based applications makes an enterprise’s cloud investment even more valuable. While maintaining control over their network configurations, they will have direct access to the best-of-breed applications, effectively making them part of the corporate network, thus offering a better user experience.

Cloud Computing Success Requires the Right Network Partner

GTT provides enterprises with a complete cloud architecture solution built on its ubiquitous global network infrastructure. GTT operates over 200 PoPs in 56 of the world’s major metropolitan centres, providing direct connectivity to any location on the planet and any application in the cloud.

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GTT Named 2015 Future 50 and Blue Chip Winner by SmartCEO Magazine

McLean, VA, January 8, 2015—GTT Communications, Inc. (NYSE: GTT), the leading global cloud networking provider to multinational clients, announced today that it received the 2015 Washington SmartCEO Future 50 award and is also a recipient of the Blue Chip Award by the magazine.

“We are honored to be recognized with the SmartCEO Future 50 award for the second consecutive year,” said Rick Calder, GTT President and CEO.  “Our strong growth is due to the successful execution of our strategy to extend ubiquitous network connectivity to any location in the world and with any application in the cloud, to expand cloud networking services to multinational clients, and to deliver outstanding client experience by living our core values of simplicity, speed and agility.”

The Future 50 award recognizes the Greater Washington area’s 50 fastest growing companies based on employee and revenue growth over the past three years.  The Blue Chip award differentiates five companies that have a solid record of growth and quality and earn over $150 million in annual revenue.

“GTT reported revenue of $157 million in 2013, reflecting a compound annual growth rate (CAGR) of 31% since 2011,” said Michael Bauer, GTT’s Chief Financial Officer.  “For the last quarter ended September 30, 2014, GTT’s annualized revenue run rate grew to $197 million.  GTT’s next financial objective is $400 million in revenue and $100 million in adjusted EBITDA.”

About GTT

GTT operates a global Tier 1 IP network connecting to any location in the world and with any application in the cloud.  Our cloud networking services provide a better way for multinational clients to embrace the cloud.  Our clients trust us to deliver solutions with simplicity, speed and agility so they can compete effectively in the global economy. For more information, visit www.gtt.net.

Please contact:

 GTT Media Inquiries                                                                  
Ann Rote
1.703.677.9941
ann.rote@gtt.net

GTT Investor Relations
Jody Burfening/Carolyn Capaccio
1.212.838.3777
ccapaccio@lhai.com

GTT Communications, Inc. Announces Pricing of Public Offering of Common Stock

McLean, VA, December 5, 2014 – GTT Communications, Inc. (“GTT” or the “Company”) (NYSE: GTT) announced today the pricing of a public offering of 3,500,000 shares of common stock at a purchase price of $12.75 per share. The net proceeds to GTT from this offering are expected to be approximately $41.6 million, after deducting underwriting discounts and other estimated offering expenses payable by GTT. GTT has also granted the underwriters a 30-day option to purchase up to 525,000 additional shares of common. The offering is expected to close on December 10, 2014, subject to customary closing conditions. GTT will use the net proceeds from this offering of common stock for working capital and general corporate purposes, including potential future acquisitions and other strategic purposes.

In connection with the offering Jefferies LLC and William Blair & Company, L.L.C. are acting as joint book-running managers. Pacific Crest Securities LLC, Craig-Hallum Capital Group LLC, and Drexel Hamilton, LLC are acting as co-managers.

A shelf registration statement relating to the offering of the common stock has previously been filed with the U.S. Securities and Exchange Commission (“SEC”) and has become effective. The offering is being made only by means of a prospectus supplement and accompanying prospectus, forming a part of the effective registration statement. Before investing, you should read the prospectus supplement and the accompanying prospectus for information about GTT and this offering. A prospectus supplement relating to the offering will be filed with the SEC and will be available on the SEC’s website at http://www.sec.gov. Alternatively, copies of the prospectus and prospectus supplement, when available, may be obtained by request at Jefferies LLC, Attention: Equity Syndicate Prospectus Department, 520 Madison Avenue, 2nd Floor, New York, NY 10022, via e-mail: Prospectus_Department@Jefferies.com or by telephone: (877) 547-6340.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy any securities nor will there be any sale of these securities in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or other jurisdiction.

Cautionary Statement Regarding Forward-Looking Statements:

Some of the statements contained in this press release might be considered forward-looking statements. These statements identify prospective information. Forward-looking statements are based on information available at the time and/or management’s good faith belief with respect to future events, and are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in the statements. These forward-looking statements are subject to a number of factors that may cause actual results to differ materially from the expectations described. Additional information about the factors that may adversely affect these forward-looking statements is contained in the Company’s reports and filings with the SEC. The Company assumes no obligation to update forward-looking statements to reflect actual results, changes in assumptions or changes in other factors affecting forward-looking information except to the extent required by applicable securities laws.

For further information, please contact:

GTT Media Inquiries
Ann Rote
1.703.677.9941
ann.rote@gtt.net

GTT Investor Relations
Jody Burfening/Carolyn Capaccio
1.212.838.3777
ccapaccio@lhai.com