TORONTO, Oct. 18, 2017 /CNW/ - Pivot Technology Solutions,
Inc. (TSX: PTG), ("Pivot" or the "Company") a full-service
information technology provider, today announced that its TeraMach
division will provide managed cloud exchange services to the
Government of Ontario.
Under its agreement with the Government of Ontario, TeraMach will deliver a comprehensive
solution including operational support and 24/7 monitoring and
management of the secure cloud exchange service, infrastructure,
and network that will enable the Ontario Public Service ("OPS") to
maintain seamless communications between the OPS Network and other
levels of government and service providers. The service will be
operational by Q4 2017 for an initial year, with an additional
one-year extension option.
"We are very pleased with this decision and look forward to
serving the Government of Ontario
as it uses our best-in-breed service to support its goals of
enhanced agility, improved cost effectiveness and faster time to
market for programs that serve millions of Ontario residents," said Hunter Li, President and CEO of TeraMach, a
Pivot Company. "We believe this award demonstrates the value of our
comprehensive offering and ability to successfully serve
sophisticated, large-scale organizations that require deeply
integrated, always-on connectivity to a myriad of internal and
external users."
By using Pivot/TeraMach's managed cloud exchange in combination
with other cloud services delivered via Infrastructure as a Service
(IaaS), Software as a Service (SaaS), and Platform as a Service
(PaaS) formats, the OPS avoids the risks and costs associated with
traditional, premise-based models that require the acquisition of
hardware and software. Cloud Services are expected to gain in
importance to the OPS in supporting the daily business operations
of the Government and its strategic initiatives including Open
Data, Digital Government, Green Initiative, Cognitive Computing and
Internet of Things.
To support the express route requirements for direct
connectivity to all cloud vendors, Pivot has selected Equinix Inc.
as a supply partner on this project. Equinix Cloud Exchange™ (ECX)
is offered within Equinix International Business Exchange™ (IBX®)
data centers where the world's leading businesses connect to their
customers, employees and partners. With more than 185 IBX
data centers in 48 markets worldwide, Equinix enables companies to
come together to realize new opportunities and accelerate their
business, IT and cloud strategies.
About TeraMach, A Pivot Company
Since 1996, TeraMach
has worked with leading organizations across Canada to implement proven, scalable
technology solutions. Our focused approach and agility to address
new challenges allow us to deliver flexible solutions that
customers can trust. For more information, visit
www.teramach.com.
About Equinix
Equinix, Inc. (Nasdaq: EQIX) connects
the world's leading businesses to their customers, employees and
partners inside the most interconnected data centers. In 48 markets
across five continents, Equinix is where companies come together to
realize new opportunities and accelerate their business, IT and
cloud strategies. www.equinix.com.
About Pivot Technology Solutions
Pivot is an industry
leading information technology services and solutions provider to
many of the world's most successful companies, including members of
the Fortune 1000, as well as governments and educational
institutions. By leveraging its extensive OEM partnerships and its
own fulfillment, professional, deployment, workforce and managed
services, Pivot supports the IT infrastructure needs of its
clients. For more information, visit www.pivotts.com.
Forward-Looking Statements
This news release contains statements that, to the extent
they are not recitations of historical fact, may constitute
"forward-looking statements" within the meaning of applicable
Canadian securities laws. Forward-looking statements include, but
are not limited to, statements with respect to the operational date
of the new service to be provided to the OPS. Pivot uses words such
as "may", "would", "could", "will", "likely", "expect", "believe",
"intend", "anticipate" and similar expressions to identify
forward-looking statements. Any such forward-looking statements are
based on assumptions and analyses made by Pivot in light of its
experience and its perception of historical trends, current
conditions and expected future developments, as well as other
factors Pivot believes are appropriate under the relevant
circumstances, including that the service will be operational in Q4
2017. However, whether actual results and developments will conform
to Pivot's expectations and predictions is subject to any number of
risks, assumptions and uncertainties. Many factors could cause
Pivot's actual results to differ materially from those expressed or
implied by the forward-looking statements contained in this news
release. These factors include, without limitation, operational and
implementation delays. The "forward-looking statements" contained
herein speak only as of the date of this news release and, unless
required by applicable law, the Company undertakes no obligation to
publicly update or revise such information, whether as a result of
new information, future events or otherwise.
SOURCE Pivot Technology Solutions