GTT Communications, Inc., a global cloud networking provider to multinational clients, announced the launch of its Managed SD-WAN (software-defined wide area networking) service. The service will expand the breadth and flexibility of GTT’s cloud networking services, supporting the rapid growth of enterprise network traffic and connecting people across organizations and around the world.
GTT is uniquely positioned to deliver a managed SD-WAN service, with assets that include a Tier 1 IP network ranked top five in the world, extensive connectivity to leading cloud service providers across 300+ global points of presence, and a broad portfolio of diverse last mile connectivity options to any location in the world.
GTT Managed SD-WAN service will utilize VeloCloud’s Cloud-Delivered SD-WAN technology, building on GTT’s success in delivering hybrid WAN services. Clients will benefit from dynamic bandwidth management, optimized application performance and the ability to integrate cost-effective network technologies into the corporate WAN. The service will also simplify network control, especially for branch locations, driving greater efficiencies in enterprise WAN management.
IDC has forecast that the worldwide SD-WAN market for infrastructure and services will exceed $6 billion in 2020. For the 2015–2020 period, IDC estimates that the compound annual growth rate (CAGR) for SD-WAN will be 93 percent.