Colt expands its Scandinavian network to bring high bandwith connectivity to Finland
Amsterdam, 15 May 2017 - Colt Technology Services has expanded its high bandwith Colt IQ Network to Helsinki to take advantage of the flourishing data center market in Finland and other Scandinavian countries. Due to low energy costs and climate conditions, Finland is one of the five most attractive countries in the world for data center investments ( Data Center Risk Index, 2016 )
Amsterdam, 15 May 2017 - Colt Technology Services has expanded its high bandwith Colt IQ Network to Helsinki to take advantage of the flourishing data center market in Finland and other Scandinavian countries. Due to low energy costs and climate conditions, Finland is one of the five most attractive countries in the world for data center investments ( Data Center Risk Index, 2016 ). Colt thus meets the growing demand for high bandwith connectivity between data centers and organizations in this region.
Finland is rapidly becoming a strategic hub between Europe and Asia. According to forecasts, data traffic in Finland will increase by 278% between 2015 and 2020 (Telegeography). As a result of the availability of highly trained personnel, a stable economic situation and solid data protection and privacy legislation, the country is experiencing a significant increase in the construction of data centers and a healthy interest from data center customers. By extending its existing Scandinavian network to Helsinki, Colt is able to offer customers new network routes, connections with a throughput of 10 Tbps with Stockholm and a 10 Gbps connection that connects the fiber optic ring of Colt from Finland to the German network. so that Helsinki is connected to Berlin and Warsaw.
Customers in Finland also have access to the extensive Colt IQ Network, which offers connections to more than 700 major data centers and more than 24, 500 buildings in all parts of the world. In addition, they gain access to Colt's long-distance network, which connects Europe with strategic hubs in Asia such as Japan, Hong Kong and Singapore. Companies can thus have future-proof connectivity with high bandwidth.
"The attraction of Finland as a center for data center investments puts the country on the map when it comes to high-bandwidth connections. It attracts data center operators, operators and large business users ", says Tim Passingham, Vice President Wholesale at Colt. "In the context of our global investment program, we will use 500 million euros over the next three years to develop fast network paths. We want to meet organizations that are looking for ever stricter SLAs, building on the strategic importance of Finland as a portal between Europe and Asia. "
The expansion of Colts' high bandwidth network to Finland follows the recent introduction of a new point of presence (PoP) in the Interxion data center MRS1 in Marseille and the investments that Colt made earlier this year in the expansion of its Asian metro network to Singapore and Hong Kong. Colt wants to meet customer demand for high-bandwidth connections between Europe, Africa, the Middle East and the Asia Pacific region.
Colt provides high-bandwith services for organizations and wholesale customers in the largest business centers in Europe, Asia and North America. Colt facilitates digital transformation at companies through its intelligent, targeted, cloud-integrated network, known as Colt IQ Network. This connects more than 700 data centers worldwide and is increasing in size with more than 24, 500 companies connected to it. Colt is also recognized as an innovator and pioneer in the field of software defined networks (SDN) and network function virtualisation (NFV).
Colt has built a reputation by putting its customers first, by investing in real local expertise and flexibility for organizations that operate globally, but still want local attention. Customers include data-intensive organizations spread over more than 200 member cities in nearly 30 countries. Colt serves 19 of the top 25 global telecom companies and 18 of the top 15 media companies (Forbes 2000 list, 2016). Colt also works with more than 50 exchanges and 13 European central banks. Colt is a private company and one of the most financially stable organizations in the industry. Colt offers the best customer experience for a competitive price. For more information visit www.colt.nl.