|By Marketwired .||
|April 8, 2014 12:01 AM EDT||
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
20th Cloud Expo, taking place June 6-8, 2017, at the Javits Center in New York City, NY, 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.
Jan. 21, 2017 12:45 PM EST Reads: 4,373
In the next five to ten years, millions, if not billions of things will become smarter. This smartness goes beyond connected things in our homes like the fridge, thermostat and fancy lighting, and into heavily regulated industries including aerospace, pharmaceutical/medical devices and energy. “Smartness” will embed itself within individual products that are part of our daily lives. We will engage with smart products - learning from them, informing them, and communicating with them. Smart produc...
Jan. 21, 2017 12:15 PM EST Reads: 1,761
Internet of @ThingsExpo, taking place June 6-8, 2017 at the Javits Center in New York City, New York, is co-located with the 20th International Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. @ThingsExpo New York Call for Papers is now open.
Jan. 21, 2017 12:15 PM EST Reads: 3,732
Providing the needed data for application development and testing is a huge headache for most organizations. The problems are often the same across companies - speed, quality, cost, and control. Provisioning data can take days or weeks, every time a refresh is required. Using dummy data leads to quality problems. Creating physical copies of large data sets and sending them to distributed teams of developers eats up expensive storage and bandwidth resources. And, all of these copies proliferating...
Jan. 21, 2017 11:45 AM EST Reads: 4,127
SYS-CON Events announced today that Catchpoint, a leading digital experience intelligence company, has been named “Silver Sponsor” of SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Catchpoint Systems is a leading Digital Performance Analytics company that provides unparalleled insight into your customer-critical services to help you consistently deliver an amazing customer experience. Designed for digital business, C...
Jan. 21, 2017 11:45 AM EST Reads: 1,845
“DevOps is really about the business. The business is under pressure today, competitively in the marketplace to respond to the expectations of the customer. The business is driving IT and the problem is that IT isn't responding fast enough," explained Mark Levy, Senior Product Marketing Manager at Serena Software, in this SYS-CON.tv interview at DevOps Summit, held Nov 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA.
Jan. 21, 2017 11:30 AM EST Reads: 11,581
SYS-CON Events announced today that Catchpoint Systems, Inc., a provider of innovative web and infrastructure monitoring solutions, has been named “Silver Sponsor” of SYS-CON's DevOps Summit at 18th Cloud Expo New York, which will take place June 7-9, 2016, at the Javits Center in New York City, NY. Catchpoint is a leading Digital Performance Analytics company that provides unparalleled insight into customer-critical services to help consistently deliver an amazing customer experience. Designed ...
Jan. 21, 2017 11:30 AM EST Reads: 6,429
More and more brands have jumped on the IoT bandwagon. We have an excess of wearables – activity trackers, smartwatches, smart glasses and sneakers, and more that track seemingly endless datapoints. However, most consumers have no idea what “IoT” means. Creating more wearables that track data shouldn't be the aim of brands; delivering meaningful, tangible relevance to their users should be. We're in a period in which the IoT pendulum is still swinging. Initially, it swung toward "smart for smart...
Jan. 21, 2017 11:30 AM EST Reads: 2,803
WebRTC sits at the intersection between VoIP and the Web. As such, it poses some interesting challenges for those developing services on top of it, but also for those who need to test and monitor these services. In his session at WebRTC Summit, Tsahi Levent-Levi, co-founder of testRTC, reviewed the various challenges posed by WebRTC when it comes to testing and monitoring and on ways to overcome them.
Jan. 21, 2017 11:15 AM EST Reads: 6,118
The emerging Internet of Everything creates tremendous new opportunities for customer engagement and business model innovation. However, enterprises must overcome a number of critical challenges to bring these new solutions to market. In his session at @ThingsExpo, Michael Martin, CTO/CIO at nfrastructure, outlined these key challenges and recommended approaches for overcoming them to achieve speed and agility in the design, development and implementation of Internet of Everything solutions with...
Jan. 21, 2017 10:00 AM EST Reads: 5,665
In their general session at 16th Cloud Expo, Michael Piccininni, Global Account Manager - Cloud SP at EMC Corporation, and Mike Dietze, Regional Director at Windstream Hosted Solutions, reviewed next generation cloud services, including the Windstream-EMC Tier Storage solutions, and discussed how to increase efficiencies, improve service delivery and enhance corporate cloud solution development. Michael Piccininni is Global Account Manager – Cloud SP at EMC Corporation. He has been engaged in t...
Jan. 21, 2017 10:00 AM EST Reads: 5,123
Cloud Expo, Inc. has announced today that Andi Mann returns to 'DevOps at Cloud Expo 2017' as Conference Chair The @DevOpsSummit at Cloud Expo will take place on June 6-8, 2017, at the Javits Center in New York City, NY. "DevOps is set to be one of the most profound disruptions to hit IT in decades," said Andi Mann. "It is a natural extension of cloud computing, and I have seen both firsthand and in independent research the fantastic results DevOps delivers. So I am excited to help the great t...
Jan. 21, 2017 07:45 AM EST Reads: 2,452
Every successful software product evolves from an idea to an enterprise system. Notably, the same way is passed by the product owner's company. In his session at 20th Cloud Expo, Oleg Lola, CEO of MobiDev, will provide a generalized overview of the evolution of a software product, the product owner, the needs that arise at various stages of this process, and the value brought by a software development partner to the product owner as a response to these needs.
Jan. 21, 2017 07:30 AM EST Reads: 1,309
In 2014, Amazon announced a new form of compute called Lambda. We didn't know it at the time, but this represented a fundamental shift in what we expect from cloud computing. Now, all of the major cloud computing vendors want to take part in this disruptive technology. In his session at 20th Cloud Expo, John Jelinek IV, a web developer at Linux Academy, will discuss why major players like AWS, Microsoft Azure, IBM Bluemix, and Google Cloud Platform are all trying to sidestep VMs and containers...
Jan. 21, 2017 07:15 AM EST Reads: 941
SYS-CON Events announced today that MobiDev, a client-oriented software development company, will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place June 6-8, 2017, at the Javits Center in New York City, NY, and the 21st International Cloud Expo®, which will take place October 31-November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. MobiDev is a software company that develops and delivers turn-key mobile apps, websites, web services, and complex softw...
Jan. 21, 2017 06:45 AM EST Reads: 1,954