BOULDER, Colo.--(BUSINESS WIRE)--
Zayo Group Holdings, Inc. (ZAYO) will begin providing Peak 10 customers with its CloudLink services under a recently executed arrangement between the two parties. CloudLink provides an on-ramp to Zayo’s extensive fiber network, enabling global connectivity to the world’s largest cloud services providers. Zayo’s global network connects thousands of on-net facilities, including data centers and public cloud providers.
Zayo will offer CloudLink initially in seven Peak 10 data centers and will work with Peak 10 to expand further across Peak 10’s expanding portfolio. The cloud connectivity service provides dedicated, high-performance bandwidth options, enabling secure connectivity directly to major public cloud providers. Customers may choose traditional, aggregated bandwidth or FlexConnect, Zayo’s usage-based Ethernet.
The global market for cloud services is expected to grow 18 percent this year, according to Gartner, and is on a trajectory to exceed $380 billion by 2020. As the intercloud and federated cloud gain traction to meet continued demand, a growing number of businesses require dedicated cloud and data center connectivity. With the recent expansion of its CloudLink solution to include more than 180 on-ramps to cloud providers, Zayo is well-positioned to meet this demand.
“Our customers’ dynamic hybrid IT requirements continue to grow and evolve, which is why we are rapidly expanding the interconnection options available within our data centers,” said Steve Renda, vice president of Product at Peak 10. “This gives Peak 10’s customers direct access to Zayo’s worldwide network of the largest cloud providers and supports our customers’ continued build out of federated and hybrid infrastructure.”
“This is a productive partnership for both Zayo and Peak 10. Peak 10 customers will benefit from our high-performance network and infrastructure, which now extends to more than 365 U.S. and international markets as well as our Global Reach locations,” said Mike Strople, president of Enterprise Networks at Zayo. “Zayo will be able to fully leverage our network assets to support a new, and considerable customer base within Peak 10's facilities.”
For more information on Zayo, please visit zayo.com.
About Peak 10
Peak 10 empowers today’s enterprises to meet current and future business challenges through advanced hybrid IT infrastructure. Some of the world’s largest businesses trust Peak 10 to deliver secure, compliant and flexible IT infrastructure through its colocation, interconnection, cloud and managed IT solutions that give enterprises the freedom to use just one provider to perform faster, manage risk, and stay competitive as their industries evolve. With an operational footprint of more than 890,000 square feet and growing, Peak 10 connects multiple data centers to an ecosystem of solutions, delivering IT business communications and enabling customers to connect on a global basis. Peak 10’s nearly two decades of history, committed technical support staff and 100% SLA underscores the steadfast reliability of its solutions. Its industry-leading NPS score reflects its commitment to helping its thousands of customers meet stringent compliance requirements of regulatory and industry standards. For more information, visit www.peak10.com or the Peak 10 Newsroom for the latest news.
About Zayo Group
Zayo Group Holdings, Inc. (ZAYO) provides communications infrastructure services, including fiber and bandwidth connectivity, colocation and cloud infrastructure to the world’s leading businesses. Customers include wireless and wireline carriers, media and content companies and finance, healthcare and other large enterprises. Zayo’s 122,000-mile network in North America and Europe includes extensive metro connectivity to thousands of buildings and data centers. In addition to high-capacity dark fiber, wavelength, Ethernet and other connectivity solutions, Zayo offers colocation and cloud infrastructure in its carrier-neutral data centers. Zayo provides clients with flexible, customized solutions and self-service through Tranzact, an innovative online platform for managing and purchasing bandwidth and services. For more information, visit zayo.com.
This press release contains a number of forward-looking statements. Words, and variations of words such as “believe,” “expect,” “plan,” “continue,” “will,” “should,” and similar expressions are intended to identify our forward-looking statements. No assurance can be given that future results expressed or implied by the forward-looking statements will be achieved and actual results may differ materially from those contemplated by the forward-looking statements. These forward-looking statements involve risks and uncertainties, many of which are beyond our control. For additional information on these and other factors that could affect our forward-looking statements, see our risk factors, as they may be amended from time to time, set forth in our filings with the SEC, including our 10-K dated August 25, 2016. We disclaim and do not undertake any obligation to update or revise any forward-looking statement in this press release, except as required by applicable law or regulation.