Zayo Group Holdings, Inc. (NYSE: ZAYO) says it will provide wavelength services to a global cloud service provider. The wavelength services will provide route diversity for a portion of the provider's backbone network. Zayo declined to name the global cloud service provider, but reveals that they have data centers in four of the top markets in the U.S.
Zayo will provide three 100 Gbps wavelengths on four routes connecting the provider's data centers in these top U.S. markets. Capital will be required only for equipment, as the service will use a route that leverages Zayo's existing fiber-optic network, including a network acquired from Electric Lightwave (see "Zayo to expand Western U.S. fiber footprint via Electric Lightwave buy").
Research and advisory company Gartner forecasts 18% overall growth in global cloud services market this year, with annual double-digit growth driving the total market to approximately $383 billion by 2020. In efforts to meet market demands with wavelength services, cloud service providers continue to upgrade their networks to fiber accordingly.
"The ability for this provider to offer very high levels of uptime to their customers is central to its value proposition," said Andrew Crouch, president and COO at Zayo. "These fully diverse, high-performance routes will help ensure full network availability, preventing costly, damaging downtime."
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