Pacnet Receives Highest Scores in 2 out of 4 Use Cases Total in Gartner's Critical Capabilities Report*
(Marketwire Via Acquire Media NewsEdge) HONG KONG, CHINA -- (Marketwired) -- 07/15/14 --
Pacnet, a leading provider of integrated technology solutions in the Asia-Pacific region, today announced that Gartner gives Pacnet the highest scores for 2 out of 4 Uses Cases named in the report: 3.7 out of 5 for High-Capacity Networks Use Case and 3.8 out of 5 for Low-Latency Networks Use Case as Pacnet received Product Score in Managed MPLS VPN, Ethernet Services, Internet Access, and Managed WAN Optimization/APM*.
Pacnet's EAC-C2C is Asia's leading state-of-the-art fiber optic submarine cable network spanning 36,800 kilometers between Hong Kong, China, Korea, Japan, Taiwan, the Philippines and Singapore. In addition to its flexible charging scheme and usage-based port charging options, Pacnet offers a high-capacity, low-latency service leveraging its optical network -- recently upgraded to support 100G bandwidth and enhanced with Software-Defined Networking (SDN) capabilities via the release of Pacnet Enabled Network (PEN).
Pacnet's MPLS-based IP VPN network provides full regional coverage as well as direct connectivity into China through an interconnection with Pacnet Business Solutions, its equity joint venture in China. The company expanded its IP VPN service into emerging markets such as Cambodia, Laos and Myanmar.
According to Gartner, "Most communications service providers (CSPs) can provide connectivity to all the major markets in Asia, but differ significantly in their connectivity to new emerging markets in the Greater Mekong region and the Indian subcontinent, Multiprotocol Label Switching (MPLS) interconnections with local carriers, and their ability to support extended domestic connectivity in emerging markets. MPLS Internet Protocol (IP) virtual private network (VPN) continues to be the service of choice for multinational corporations (MNCs). However, demand is growing for two niche, but increasingly important, services: high-capacity services for content distribution to Asia's very large consumer market, and low-latency services for financial trading and the banking sector."*
"We believe Gartner's assessment reaffirms Pacnet's position as a strong connectivity player with robust Ethernet over optical networks, superior connectivity into emerging markets, good service and support, and experience in supporting large and highly distributed networks," said Andy Lumsden, Chief Technology Officer at Pacnet. "We consider it also identifies Pacnet as a regional leader in the growing segments for high-capacity and low-latency services which were identified by Gartner as increasingly important in the APAC region."
Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.
Pacnet is Asia-Pacific's leading provider of managed data connectivity solutions to major telecommunications carriers, large multinational enterprises and government entities. Ownership of the region's most extensive high-capacity submarine cable systems with over 46,000 km of fiber and connectivity to interconnected data centers across 14 cities in the Asia-Pacific region gives Pacnet unparalleled reach to major business centers in key markets including China, India, Japan and the United States. Combined with a comprehensive set of managed network and value-added data center services, its assets and experience in the region help Pacnet service large businesses worldwide including Fortune 500 companies. Pacnet is headquartered in Hong Kong and Singapore, with offices in all key markets in the Asia-Pacific region and North America. For more information, please visit: www.pacnet.com.
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