SOURCE: PeakColo

PeakColo

May 08, 2013 08:00 ET

PeakColo's Enterprise-Class Cloud Computing Platform Chosen by Subex

Enables Software Provider to Leverage High Performance Platform

DENVER, CO--(Marketwired - May 8, 2013) - PeakColo, a leading enterprise-class IaaS Cloud service provider for channel partners, announces today it has been selected by Subex, a global provider of Business Support Systems (BSS), to power its software and applications within PeakColo's hosted private cloud computing platform. PeakColo's enterprise-class Infrastructure-as-a-Service offering is specifically designed to offer high performance cloud resources, storage and computing to support business critical applications.

With a 100% channel centric model, PeakColo was introduced to Subex by one of its channel partners, IQ Wired, a leading telecom solutions provider. IQ Wired helps its customers reduce telecommunications costs, implement beneficial technologies, and ultimately craft a tailored solution.

"Establishing our partnership with PeakColo was an eye opener for IQ Wired and serves as a true validation that we can go beyond telecom solutions," states Tatiana Finkelsteyn, CEO for IQ Wired. "PeakColo helped us make a transformational shift in what we do by integrating cloud computing into our solutions. With Peak's investment in time, training and educational resources -- we made that change quickly."

Offering a wide spectrum of business support systems for telecommunication operators in over 70 countries, Subex empowers communications service providers to achieve competitive advantage through Business Optimization -- thereby enabling them to improve their operational efficiency to deliver enhanced service experiences to subscribers.

"By migrating from a traditional colocation environment to a hybrid cloud computing model with PeakColo, Subex is able to improve performance significantly, which is of utmost importance in supporting our global carrier base," states Ashwin Chalapathy, Global Head - Consulting, Solutions and Managed Services, Subex. "With PeakColo, we can process telecom usage data for our Tier 1 carriers faster and across an expanded footprint -- all with reduced infrastructure and maintenance costs."

"Cloud computing is now supporting not only test and development applications, but also mission critical applications and production environments, for clients like Subex," states Luke Norris, CEO and Founder of PeakColo. "We've carefully designed our VMware vCloud®-Powered solution, to ensure our clients have full control and receive high-touch, personalized service and support."

PeakColo's model is unique in that it's the only provider with a 100% channel-centric focus enabling service providers to build client solutions that allow them to reduce capital expenditures, refresh hardware, and re-purpose resources to gain additional savings. Its turnkey infrastructure services deliver secure environments and enable the best end-user experience. Peak's secure IaaS infrastructure is available across the US and Europe.

For more information about PeakColo's cloud computing options including hosted private and public clouds, along with white label cloud services, please contact sales@peakcolo.com. Visit www.peakcolo.com for additional information.

About Subex Limited

Subex Limited is a leading global provider of Business Support Systems (BSS) that empowers communications service providers (CSPs) to achieve competitive advantage through Business Optimization -- thereby enabling them to improve their operational efficiency to deliver enhanced service experiences to subscribers.

The company pioneered the concept of a Revenue Operations Center (ROC®) -- a centralized approach that sustains profitable growth and financial health through coordinated operational control. Subex's product portfolio powers the ROC and its best-in-class solutions enable revenue assurance, fraud management, data integrity management, cost management and interconnect / inter-party settlement. Subex also offers a scalable Managed Services program and has been the market leader in Revenue Assurance and Fraud Management according to Gartner (2010 & 2011). Subex has also been enjoying market leadership in Business Optimization for four consecutive years according to Analysys Mason (2007, 2008, 2009 & 2010). Subex has been awarded the Global Telecoms Business Innovation Award for 2011 along with Swisscom for industry's first successful Risk Reward Share model for fraud management.

Subex's customers include 28 of top 50 operators* and 33 of the world's 50 biggest# telecommunications service providers worldwide. The company has more than 300 installations across 70 countries.

*GTB Carrier Guide, 2011
#Forbes' Global 2000 list, 2011

For more information please visit www.subex.com

About PeakColo
PeakColo is an enterprise-class Infrastructure-as-a-Service (IaaS) cloud service provider to channel partners. White-labeling PeakColo's cloud services as their own, resellers and agents rapidly enter the cloud marketplace under their own brand without capital expenditure, enjoying a faster route to profitability. With Type II SSAE 16 and SOC 2 compliant data centers in six geographies across the United States and in Europe (Seattle, Denver, Chicago, New Jersey, New York, and the United Kingdom), PeakColo offers a cloud environment that contains tens of thousands of virtual machines and multiple petabytes of storage for public, private, hybrid and disaster recovery solutions. PeakColo is VMware vCloud® Powered and is a Platinum-level NetApp service provider. For more information, visit www.peakcolo.com; call (855) 532-4734; or follow us on Twitter or LinkedIn.

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