| | April 20146CIOReviewThe industry is witnessing a change in terms of the usage of internet of late; the growth in traffic usage is increasing at a rate of 30 percent by the year. CIOs are faced with the task of continually evaluating the size and scope of communication networks due to this shift and are looking for innovative service providers that can help them solve this challenge. The demands from the user base is more capacity driven and we are seeing that CIOs are more than ready to handle the influx in growth in traffic demand, and are evaluating to implement new methods in communication technologies to capacitate the cloud.The Private Cloud PhenomenonA new trend around the enterprises these days is the concept of moving their main ICT applications from their back office into the cloud with the benefits of scalability, reliability and performance added. Cloud has generally been an advanced phenomenon for small and medium businesses and has also been a rapidly accelerating trend. But the challenge however is to dislocate the application from its back office which in turn induces tremendous pressure on the network resulting in the rise in criticality to access services that reside in public data centers. CIOs have to deal with security issues as they upload their core ICT applications into cloud for they do not want them to be made available to the public. Private cloud according to data center provider or a cloud computing provider is just limited to offering a private server which does not complete the practicality of a private cloud. At GTT, we facilitate moving your application out of your back office with the layer 3 private cloud network as a backbone having The Role of CIOsand the Trends in Cloud NetworkingRichard D. Calder, Jr., President & CEO, Global Telecom Technology, Inc.Richard CalderOpinionGlobal Telecom Technology (NYSE: GTT) is a provider of cloud networking solutions to enterprise, government, and wholesale customers. Founded in the year 2006 and headquartered in Mclean, VA, the firm has a market cap of $251.5 million.
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