1000 SD WAN services remotely provisioned across 55 countries, cutting connection time for global customers from 90 minutes to 12 seconds
London, UK, 27 February 2024 – Colt Technology Services, the digital infrastructure company, today marked a milestone with strategic partner Versa Networks, the global leader in AI/ML-powered Unified Secure Access Service Edge (SASE) and Software-Defined WAN (SD-WAN), in its commitment to automating and simplifying digital services for global customers, with 1000 Versa SD-WAN services delivered across 55 countries via automation since its launch in April 2023. Using Versa SD-WAN platform capabilities, Colt has developed an automation framework which fully integrates with internal systems via APIs. Automating the delivery of these services cuts provisioning time from 90 minutes to just 12 seconds, reduces the risk of manual error and frees businesses from provisioning, managing and monitoring digital infrastructure themselves.
Colt’s SD WAN and SASE business is experiencing continued growth, driven by enterprises’ security concerns, cloud migration, demand for remote working and the need for flexibility to take advantage of changing market dynamics. The technology also supports enterprises’ growing commitments to reducing emissions as it prioritises traffic based on application use and selects more energy-efficient routes for non-critical applications. According to the 2023 Gartner® report, the SASE market is forecast to grow from $7 billion in 2022 to $25 billion by 2027, at a CAGR of 29%.*
“We listen intently to our customers and constantly look for ways to improve and innovate to make their lives easier. Automating and simplifying the delivery of our SD WAN services is a critical part of this continuous improvement mission. Remotely provisioning our 1000th Versa SD-WAN service shows how important automation has become in our customers’ journeys to digital transformation. It’s testament to the strength of our longstanding partnership with Versa,” said Carlos Jesus, Vice President – Service Delivery, Colt Technology Services.
“We are delighted to partner with Colt to deliver these industry-leading automation capabilities,” said Hector Avalos, Vice President of EMEA SPs at Versa Networks. “The enhanced combination of our capabilities and Colt’s technology bridges the gap between an organisation’s business objectives and enforcement of Versa’s SD-WAN network, enabling Colt’s customers to achieve faster time-to-value, reduced costs, and improved agility.”
The milestone is announced as Colt marks one hundred days since its acquisition of Lumen EMEA in November 2023. Since the acquisition it has remained focused on seamlessly integrating the organisations to deliver greater scale and services to its customers across the world.
*Gartner, Market Opportunity Map: Enterprise Network Services, Worldwide, By Gaspar Valdivia, Grigory Betskov, 12 December 2023
GARTNER is a registered trademark and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally and is used herein with permission. All rights reserved.
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About Colt Technology Services
Colt Technology Services (Colt) is a global digital infrastructure company which creates extraordinary connections to help businesses succeed. Powered by amazing people and like-minded partners, Colt is driven by its purpose: to put the power of the digital universe in the hands of its customers, wherever, whenever and however they choose.
Since 1992, Colt has set itself apart through its deep commitment to its customers, growing from its heritage in the City of London to a global business spanning 40+ countries, with over 6,000 employees and more than 80 offices around the world. Colt’s customers benefit from expansive digital infrastructure connecting 32,000 buildings across 230 cities, more than 50 Metropolitan Area Networks and 250+ Points of Presence across Europe, Asia, the Middle East, Africa and North America’s largest business hubs.
Privately owned, Colt is one of the most financially sound companies in the sector. Obsessed with delivering industry-leading customer experience, Colt is guided by its dedication to customer innovation, by its values and its responsibility to its customers, partners, people and the planet.
For more information, please visit www.colt.net
About Versa Networks
Versa Networks, the leader in single-vendor Unified SASE platforms, delivers AI/ML-powered SSE and SD-WAN solutions. The platform provides networking and security with true multitenancy, and sophisticated analytics via the cloud, on-premises, or as a blended combination of both to meet SASE requirements for small to extremely large enterprises and service providers. Thousands of customers globally, with hundreds of thousands of sites and millions of users, trust Versa with their mission critical networks and security. Versa is privately held and funded by Sequoia Capital, Mayfield, Artis Ventures, Verizon Ventures, Comcast Ventures, BlackRock, Liberty Global Ventures, Princeville Capital, RPS Ventures, and Triangle Peak Partners. For more information, visit https://www.versa-networks.com or follow Versa on LinkedIn and X (Twitter) @versanetworks.
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