Welcome!

News Feed Item

BTI Systems Names Colin Doherty as President and CEO

Building on Record Financial Performance by Adding World-Class Executive as Company Enters Next Stage of Expansion

OTTAWA, ON and BOSTON, MA -- (Marketwired) -- 04/08/14 -- BTI Systems, an award-winning provider of cloud and metro networking software and systems to content and service providers around the world, today announced the appointment of 25-year global telecommunications industry veteran Colin Doherty as president and chief executive officer. In his new role, he is responsible for all corporate, business and product operations worldwide.

Reinforcing its standing as the leader in cloud networking solutions, Doherty will guide BTI during its next stage of rapid customer and revenue expansion. He assumes BTI's top executive role from Steve Waszak, who has served as the company's president and chief executive officer since 2010. Under Waszak's leadership, BTI enhanced its solutions portfolio, secured top-tier global customer wins and developed a suite of new systems, software and support offerings. Waszak is transitioning from BTI for personal reasons.

"Business and consumer demand for cloud services, mobility and video content is forcing the re-architecting of content and service provider networks -- particularly in metro and regional areas, where the most substantial changes are occurring," said Deepak Sindwani, partner at Bain Capital Ventures and BTI board member. "This is a 'step-function' transition and it's unfolding at unprecedented speed. BTI identified that shift several years ago and moved aggressively to capitalize on it."

"BTI is experiencing the best growth and performance in the company's history, delivering category-defining cloud networking solutions to some of the world's fastest growing, most innovative and most demanding cloud and service provider customers, such as Equinix, Digital Realty, VK and a rapidly expanding list of others," said Neil Ferris, chairman of BTI's board. "We're thrilled Colin is joining as CEO because he has a unique understanding of our market opportunity, the networking software space and top-tier carrier, cloud and data center customers. He brings an excellent track record of scaling growth businesses and we're very excited that he'll lead BTI's next phase of growth."

During his 25-year career in the global telecommunications industry, Doherty has held a range of customer-facing executive management, operations, business development, sales and marketing roles. He has served in those positions with multinational publicly held leaders and venture-backed startups alike, both in the US and abroad. Notably, he has established a strong profile as a CEO with demonstrable success in the carrier, cloud, enterprise and data center market sectors.

Doherty joins BTI from Arbor Networks. As the company's first vice president of worldwide sales, he delivered first-to-market security solutions to some of the world's largest carrier, data center and enterprise networks. Promoted to CEO in 2009, he guided the company through its acquisition by Danaher in 2010 to give it more resources, followed last year by Arbor's acquisition of Packetloop to expand and differentiate its solutions portfolio. Earlier in his career, he served as CEO of Mangrove Systems and held senior management, sales and operations roles with NMS Communications and Nortel Networks.

"I'm thrilled to be joining BTI at such an exciting time for the company and the market," Doherty said. "It's a terrific match with my experience and expertise. I look forward to working with the tremendous team as well as its customers and partners."

BTI is experiencing strong growth and momentum. Highlights include compound annual revenue growth of 33 percent between 2007 and 2013; more than 40 percent of revenues coming from top-tier content, colocation and service providers; and doubling revenue growth in the Asia-Pacific region. Last year, the company marked an industry first with the announcement of Intelligent Cloud Connect, an open Software Defined Networking (SDN)-enabled converged networking platform now in deployment in cloud and metro networks around the world. Intelligent Cloud Connect uniquely integrates routing and optical scale with Network Functions Virtualization (NFV)-based applications and analytics software to allow content, colocation and service providers to scale new cloud services rapidly and cost effectively while simplifying operations and management.

In December, BTI closed a $27 million financing round, bringing to $60 million the amount of growth capital the company has raised since 2011. Investors include Bain Capital Ventures, BDC, Covington Capital, GrowthWorks and additional strategic investors.

Doherty's appointment is the latest addition to BTI's leadership team. In the past year, the company has added former VMware co-president and current Heroku CEO Tod Nielsen to its board, along with industry veterans Ken Taylor from March Communications as chief financial officer and Tom Nolette from Crossbeam Systems as senior vice president of global operations.

About BTI Systems
BTI delivers solutions that transform the economics, performance and innovation of global networks through intelligent networking software and systems. Leading content, cloud and service providers choose BTI to drive improved operational efficiencies and profitably deliver high-value services to businesses and consumers around the globe. With more than 380 customers, BTI is headquartered in North America, and operates regional sales, marketing, and R&D centers of excellence throughout the world. For more information, visit www.btisystems.com.

All product and company names herein may be trademarks of their respective owners.

Image Available: http://www2.marketwire.com/mw/frame_mw?attachid=2562073

Add to Digg Bookmark with del.icio.us Add to Newsvine

Media Contact:
Chris Carleton
CHEN PR
m: 857-891-2989
Email Contact

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

Latest Stories
Why do your mobile transformations need to happen today? Mobile is the strategy that enterprise transformation centers on to drive customer engagement. In his general session at @ThingsExpo, Roger Woods, Director, Mobile Product & Strategy – Adobe Marketing Cloud, covered key IoT and mobile trends that are forcing mobile transformation, key components of a solid mobile strategy and explored how brands are effectively driving mobile change throughout the enterprise.
DevOps at Cloud Expo – being held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA – announces that its Call for Papers is open. Born out of proven success in agile development, cloud computing, and process automation, DevOps is a macro trend you cannot afford to miss. From showcase success stories from early adopters and web-scale businesses, DevOps is expanding to organizations of all sizes, including the world's largest enterprises – and delivering real results. Am...
Internet of @ThingsExpo, taking place November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with 19th Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The Internet of Things (IoT) is the most profound change in personal and enterprise IT since the creation of the Worldwide Web more than 20 years ago. All major researchers estimate there will be tens of billions devices - comp...
As the world moves toward more DevOps and Microservices, application deployment to the cloud ought to become a lot simpler. The Microservices architecture, which is the basis of many new age distributed systems such as OpenStack, NetFlix and so on, is at the heart of Cloud Foundry - a complete developer-oriented Platform as a Service (PaaS) that is IaaS agnostic and supports vCloud, OpenStack and AWS. Serverless computing is revolutionizing computing. In his session at 19th Cloud Expo, Raghav...
DevOps at Cloud Expo, taking place Nov 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with 19th Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The widespread success of cloud computing is driving the DevOps revolution in enterprise IT. Now as never before, development teams must communicate and collaborate in a dynamic, 24/7/365 environment. There is no time to wait for long dev...
Almost two-thirds of companies either have or soon will have IoT as the backbone of their business in 2016. However, IoT is far more complex than most firms expected. How can you not get trapped in the pitfalls? In his session at @ThingsExpo, Tony Shan, a renowned visionary and thought leader, will introduce a holistic method of IoTification, which is the process of IoTifying the existing technology and business models to adopt and leverage IoT. He will drill down to the components in this fra...
Data is the fuel that drives the machine learning algorithmic engines and ultimately provides the business value. In his session at Cloud Expo, Ed Featherston, a director and senior enterprise architect at Collaborative Consulting, will discuss the key considerations around quality, volume, timeliness, and pedigree that must be dealt with in order to properly fuel that engine.
There is growing need for data-driven applications and the need for digital platforms to build these apps. In his session at 19th Cloud Expo, Muddu Sudhakar, VP and GM of Security & IoT at Splunk, will cover different PaaS solutions and Big Data platforms that are available to build applications. In addition, AI and machine learning are creating new requirements that developers need in the building of next-gen apps. The next-generation digital platforms have some of the past platform needs a...
Fact: storage performance problems have only gotten more complicated, as applications not only have become largely virtualized, but also have moved to cloud-based infrastructures. Storage performance in virtualized environments isn’t just about IOPS anymore. Instead, you need to guarantee performance for individual VMs, helping applications maintain performance as the number of VMs continues to go up in real time. In his session at Cloud Expo, Dhiraj Sehgal, Product and Marketing at Tintri, wil...
19th Cloud Expo, taking place November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, will feature technical sessions from a rock star conference faculty and the leading industry players in the world. Cloud computing is now being embraced by a majority of enterprises of all sizes. Yesterday's debate about public vs. private has transformed into the reality of hybrid cloud: a recent survey shows that 74% of enterprises have a hybrid cloud strategy. Meanwhile, 94% of enterpri...
Enterprises have forever faced challenges surrounding the sharing of their intellectual property. Emerging cloud adoption has made it more compelling for enterprises to digitize their content, making them available over a wide variety of devices across the Internet. In his session at 19th Cloud Expo, Santosh Ahuja, Director of Architecture at Impiger Technologies, will introduce various mechanisms provided by cloud service providers today to manage and share digital content in a secure manner....
SYS-CON Events announced today that Hitrons Solutions will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Hitrons Solutions Inc. is distributor in the North American market for unique products and services of small and medium-size businesses, including cloud services and solutions, SEO marketing platforms, and mobile applications.
SYS-CON Events announced today that eCube Systems, a leading provider of middleware modernization, integration, and management solutions, will exhibit at @DevOpsSummit at 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. eCube Systems offers a family of middleware evolution products and services that maximize return on technology investment by leveraging existing technical equity to meet evolving business needs. ...
SYS-CON Events announced today Telecom Reseller has been named “Media Sponsor” of SYS-CON's 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Telecom Reseller reports on Unified Communications, UCaaS, BPaaS for enterprise and SMBs. They report extensively on both customer premises based solutions such as IP-PBX as well as cloud based and hosted platforms.
Pulzze Systems was happy to participate in such a premier event and thankful to be receiving the winning investment and global network support from G-Startup Worldwide. It is an exciting time for Pulzze to showcase the effectiveness of innovative technologies and enable them to make the world smarter and better. The reputable contest is held to identify promising startups around the globe that are assured to change the world through their innovative products and disruptive technologies. There w...