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PEER 1 Hosting Partners with Tier 3

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September 27, 2012

PEER 1 Hosting Partners with Tier 3

By Raju Shanbhag, TMCnet Contributor

Recently, PEER 1 Hosting partnered with Tier 3 to provide VMware-based enterprise cloud to the U.K. market.

An Enterprise Cloud Storage offers accurate, dynamic allocation of computing resources to companies with the scale, performance and security to administer enterprise-wide applications. 

Apart from the private network connectivity and physical device integration, large companies, IT managers and multi-site teams will benefit from the dependable solution for its multi-user capacity, reliable resource pool architecture and role-based security model.

Offering users the ability to easily and successfully manage their businesses in the cloud, the solution brings together hosting services from PEER 1 Hosting with the enterprise-grade cloud platform from Tier 3, and is supported by VMware's vCloud platform.

The enterprise cloud platform provides tangible return on investment, decreases time to market, makes it easier to manage complexity and reduces operational requirements created with IT and development operations in mind.

Apart from an expanding global footprint of cloud nodes, customers will also benefit from local data centers and regionalized disaster recovery.

“Our partnership with Tier 3 means we can now offer enterprise customers an innovative, high performance cloud service with business continuity built right in," said Fabio Banducci, president and CEO at PEER 1 Hosting. "This easy-to-manage cloud solution will allow customers to focus on growing their business without worrying about security, backup or compliance. Our unique utility-based pricing model also means they are paying only for what they need without having to invest in technology they are not using.”

The company recently entered into a definitive agreement to acquire the outstanding shares in the capital of NetBenefit (UK) Limited. A division of London-based Group NBT Limited, NetBenefit is a managed hosting company. With NetBenefit reporting revenue of more than $10.8 million in 2011, the acquisition is valued at nearly $39 million.

The company has operations in the U.K. and France and serves around 700 customers.

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Edited by Braden Becker

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