TeraGo Inc.
TSX : TGO

TeraGo Inc.

November 24, 2015 16:54 ET

TeraGo Networks Named as Major Player in IDC MarketScape Cloud Vendor Assessment

TORONTO, ONTARIO--(Marketwired - Nov. 24, 2015) - TeraGo Inc. ("TeraGo" or the "Company") (TSX:TGO) (www.terago.ca), a national provider of complete end-to-end data solutions, announced today that TeraGo Networks Inc. has been recognized in the Major Players Category in the recently published IDC MarketScape: Canadian Hybrid Cloud Services 2015 Vendor Assessment report which is prepared by International Data Corporation (IDC) Canada. The Assessment profiles the leading vendors in the Canadian hybrid cloud market and covers their competencies in cloud computing. TeraGo continues to extend its current and existing cloud products and services, including upcoming products such as cloud-based security, single-tenant and multi-tenant infrastructure services, and business continuity and recovery services.

Mark Schrutt, Vice President, Services & Enterprise Applications, IDC states "The market for cloud services is quickly shifting from isolated infrastructure-based solutions for developing applications and content delivery, to platforms that integrate onsite, public, and private infrastructure as a service (IaaS). As the market is transitioning, buyers are embarking on a maturity curve. Vendors can also be placed on a similar continuum, where they range in offering simple integration of their own solutions, to enabling full interoperability and tools to manage these complex environments."

Stewart Lyons, President and CEO of TeraGo commented, "I'm very pleased that the Company has been recognized by IDC Canada in their latest report. Being named in the Major Players Category illustrates that we have transformed into Canada's premier enterprise class network, data, voice and cloud services provider. We will continue to launch new products and services in 2016 to maintain our competitive position."

About TeraGo

TeraGo provides businesses across Canada and globally with network and voice services, data center services and enterprise infrastructure cloud services. TeraGo manages over 3,000 cloud workloads, seven data centers in the Greater Toronto Area, the Greater Vancouver Area, Ottawa, Kelowna and Winnipeg and owns and manages its own IP network. The Company serves over 4,000 business customers in 46 major markets across Canada including Toronto, Montreal, Calgary, Edmonton, Vancouver and Winnipeg. TeraGo Networks is a Competitive Local Exchange Carrier (CLEC) and was selected as one of Canada's Top Small and Medium Employers for 2015 and is recognized as a Canadian Telecommunications Employer of Choice for 2015.

About IDC

International Data Corporation (IDC) is the premier global provider of market intelligence, advisory services, and events for the information technology, telecommunications, and consumer technology markets. IDC helps IT professionals, business executives, and the investment community to make fact-based decisions on technology purchases and business strategy. More than 1,100 IDC analysts provide global, regional, and local expertise on technology and industry opportunities and trends in over 110 countries. For more than 50 years, IDC has provided strategic insights to help our clients achieve their key business objectives. IDC is a subsidiary of IDG, the world's leading technology media, research, and events company. You can learn more about IDC by visiting www.idc.com or www.IDC.ca.

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