|By Marketwired .||
|July 8, 2014 09:09 AM EDT||
OTTAWA, ON and BOSTON, MA -- (Marketwired) -- 07/08/14 -- BTI Systems, an award-winning provider of cloud and metro networking software and systems to content and service providers around the world, today announced that IPC, a leading provider of trading communications solutions to the world's top financial services firms, is deploying the BTI 7800 Series 100G converged networking system to increase performance and scalability between major hubs in metro regions.
IPC provides mission-critical communications solutions that are supported by high-performance, robust and stable network capabilities. IPC will deploy the BTI 7800 in its major metro networks and primary POP locations in regions with major financial centers that have the highest concentrations of financial trading firms and activities in the world.
"Our primary goal is to provide our customers with the sophisticated technology and expertise that drives a competitive advantage in every stage of the trading lifecycle," said IPC's Vice President of Global Engineering, Tim Carmody. "To do so, we evaluate solution choices for our network very carefully. We have previously collaborated with BTI Systems and successfully optimized our network by globally deploying their platforms for metro networking and low latency Ethernet business services. With our demands escalating daily, we needed to scale to 100G in our major metro networks and determined that BTI offered a preferable solution that enables us to increase performance, capacity and scalability while at the same time, significantly reducing operational complexity of our metro network. BTI also offered a clear migration path to optimizing Label Switch Routing."
The growth in bandwidth-intensive applications coupled with the migration from local compute/storage models to cloud-based services is driving the need for high-bandwidth interconnect solutions that provide lower cost per GB, higher port and interface efficiency, and reduced operating costs. The BTI 7800 Series platform provides large scale 10 Gbps to 100 Gbps wavelength capacities in the industry's smallest footprint for Cloud Networking, Data Center Interconnect and Metro Networking solutions. By leveraging BTI's 100G Coherent capabilities, IPC will increase network capacity significantly, gain 10X spectral efficiency, and reduce space, power and cooling costs. In addition, IPC will be able to efficiently manage and control the BTI 7800 Series as well as the existing BTI 7000 Series and BTI 800 Series solutions deployed throughout the U.S., Europe and Asia as a fully integrated system using the BTI proNX Management and Control Software.
"For more than four decades, IPC has created leading trading communication systems that deliver innovative technologies and connectivity solutions to financial market customers," said BTI's Senior Vice President of Global Marketing, Sally Bament. "They provide solutions to one of the most demanding global markets and therefore require network products that deliver flexibility for future growth while delivering maximum performance. Having very successfully deployed the BTI 7000 Series, BTI 800 Series and BTI proNX Service Manager, IPC chose BTI's 7800 Series to increase bandwidth, integrate seamlessly with their existing infrastructure and provide a path to added efficiencies with LSR functionality. We look forward to continuing to partner with IPC as they expand and increase the value of their network capabilities."
Next week, IPC's Carmody will be joining BTI's Director of Solutions Marketing, Eve Griliches on a panel at the Lightwave Optical Innovation Summit, which will take place at the Renaissance Austin Hotel in Austin, Texas. The panel, titled "Is it Time to Consider Building Your Own Network?" will be moderated by Griliches and will take place on Tuesday, July 15 at 10:00 a.m. CDT. Carmody will be joined on the panel by industry experts from XKL, LLC. and Allied Fiber.
IPC is a leading global provider of specialized communications solutions for the financial trading community. With a 100-percent focus on this sector and over 40 years of expertise, IPC provides customers with integrated solutions that support traders and participants across the entire trade lifecycle including sell-side and buy-side financial institutions, inter-dealer brokers, liquidity venues, clearing and settlement firms, independent software vendors, corporate finance departments, financial information exchange providers and market data providers. IPC's offerings include a unified communications/application platform, award-winning hard and soft turrets, managed voice and data network connectivity solutions, trading communications infrastructure management and dedicated service and support. IPC's global reach extends to more than 60 countries -- including a network of 5,000 customer sites over 700 cities and an installed base of approximately 118,000 trading positions deployed worldwide. Headquartered in Jersey City, New Jersey, IPC has approximately 900 employees located throughout the Americas and the EMEA and Asia-Pacific regions. For more information, visit www.ipc.com.
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.
Learn how you can use the CoSN SEND II Decision Tree for Education Technology to make sure that your K–12 technology initiatives create a more engaging learning experience that empowers students, teachers, and administrators alike.
Aug. 3, 2015 05:45 PM EDT
In a recent research, analyst firm IDC found that the average cost of a critical application failure is $500,000 to $1 million per hour and the average total cost of unplanned application downtime is $1.25 billion to $2.5 billion per year for Fortune 1000 companies. In addition to the findings on the cost of the downtime, the research also highlighted best practices for development, testing, application support, infrastructure, and operations teams.
Aug. 3, 2015 04:30 PM EDT Reads: 205
Container technology is sending shock waves through the world of cloud computing. Heralded as the 'next big thing,' containers provide software owners a consistent way to package their software and dependencies while infrastructure operators benefit from a standard way to deploy and run them. Containers present new challenges for tracking usage due to their dynamic nature. They can also be deployed to bare metal, virtual machines and various cloud platforms. How do software owners track the usag...
Aug. 3, 2015 04:00 PM EDT Reads: 272
As Marc Andreessen says software is eating the world. Everything is rapidly moving toward being software-defined – from our phones and cars through our washing machines to the datacenter. However, there are larger challenges when implementing software defined on a larger scale - when building software defined infrastructure. In his session at 16th Cloud Expo, Boyan Ivanov, CEO of StorPool, provided some practical insights on what, how and why when implementing "software-defined" in the datacent...
Aug. 3, 2015 03:45 PM EDT
Mobile, social, Big Data, and cloud have fundamentally changed the way we live. “Anytime, anywhere” access to data and information is no longer a luxury; it’s a requirement, in both our personal and professional lives. For IT organizations, this means pressure has never been greater to deliver meaningful services to the business and customers.
Aug. 3, 2015 03:30 PM EDT Reads: 236
As organizations shift towards IT-as-a-service models, the need for managing and protecting data residing across physical, virtual, and now cloud environments grows with it. CommVault can ensure protection and E-Discovery of your data – whether in a private cloud, a Service Provider delivered public cloud, or a hybrid cloud environment – across the heterogeneous enterprise. In his session at 17th Cloud Expo, Randy De Meno, Chief Technologist - Windows Products and Microsoft Partnerships at Com...
Aug. 3, 2015 03:30 PM EDT
SYS-CON Events announced today that VividCortex, the monitoring solution for the modern data system, will exhibit at the 17th International Cloud Expo®, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. The database is the heart of most applications, but it’s also the part that’s hardest to scale, monitor, and optimize even as it’s growing 50% year over year. VividCortex is the first unified suite of database monitoring tools specifically desi...
Aug. 3, 2015 03:15 PM EDT
The Software Defined Data Center (SDDC), which enables organizations to seamlessly run in a hybrid cloud model (public + private cloud), is here to stay. IDC estimates that the software-defined networking market will be valued at $3.7 billion by 2016. Security is a key component and benefit of the SDDC, and offers an opportunity to build security 'from the ground up' and weave it into the environment from day one. In his session at 16th Cloud Expo, Reuven Harrison, CTO and Co-Founder of Tufin,...
Aug. 3, 2015 03:00 PM EDT Reads: 559
In their session at 17th Cloud Expo, Hal Schwartz, CEO of Secure Infrastructure & Services (SIAS), and Chuck Paolillo, CTO of Secure Infrastructure & Services (SIAS), provide a study of cloud adoption trends and the power and flexibility of IBM Power and Pureflex cloud solutions. In his role as CEO of Secure Infrastructure & Services (SIAS), Hal Schwartz provides leadership and direction for the company.
Aug. 3, 2015 12:30 PM EDT Reads: 206
SYS-CON Events announced today that MobiDev, a software development company, will exhibit at the 17th International Cloud Expo®, which will take place November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. MobiDev is a software development company with representative offices in Atlanta (US), Sheffield (UK) and Würzburg (Germany); and development centers in Ukraine. Since 2009 it has grown from a small group of passionate engineers and business managers to a full-scale mobi...
Aug. 3, 2015 09:45 AM EDT Reads: 365
There are many considerations when moving applications from on-premise to cloud. It is critical to understand the benefits and also challenges of this migration. A successful migration will result in lower Total Cost of Ownership, yet offer the same or higher level of robustness. In his session at 15th Cloud Expo, Michael Meiner, an Engineering Director at Oracle, Corporation, analyzed a range of cloud offerings (IaaS, PaaS, SaaS) and discussed the benefits/challenges of migrating to each offe...
Aug. 3, 2015 07:30 AM EDT Reads: 188
"We've just seen a huge influx of new partners coming into our ecosystem, and partners building unique offerings on top of our API set," explained Seth Bostock, Chief Executive Officer at IndependenceIT, in this SYS-CON.tv interview at 16th Cloud Expo, held June 9-11, 2015, at the Javits Center in New York City.
Aug. 2, 2015 10:00 PM EDT Reads: 684
Digital Transformation is the ultimate goal of cloud computing and related initiatives. The phrase is certainly not a precise one, and as subject to hand-waving and distortion as any high-falutin' terminology in the world of information technology. Yet it is an excellent choice of words to describe what enterprise IT—and by extension, organizations in general—should be working to achieve. Digital Transformation means: handling all the data types being found and created in the organizat...
Aug. 2, 2015 06:00 PM EDT Reads: 1,138
SYS-CON Events announced today that HPM Networks will exhibit at the 17th International Cloud Expo®, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. For 20 years, HPM Networks has been integrating technology solutions that solve complex business challenges. HPM Networks has designed solutions for both SMB and enterprise customers throughout the San Francisco Bay Area.
Aug. 2, 2015 05:45 PM EDT Reads: 520
Chuck Piluso presented a study of cloud adoption trends and the power and flexibility of IBM Power and Pureflex cloud solutions. Prior to Secure Infrastructure and Services, Mr. Piluso founded North American Telecommunication Corporation, a facilities-based Competitive Local Exchange Carrier licensed by the Public Service Commission in 10 states, serving as the company's chairman and president from 1997 to 2000. Between 1990 and 1997, Mr. Piluso served as chairman & founder of International Te...
Aug. 2, 2015 04:00 PM EDT Reads: 433