InterCloud Systems Announces the Launching of NFVGrid, a Network Functions Virtualization Orchestration Platform
May 04 2015 - 8:00AM
InterCloud Systems, Inc. ( the "Company or "InterCloud" )
(Nasdaq:ICLD) a single-source provider of end-to-end information
technology (IT) and next-generation network solutions including
Software Defined Networking (SDN) and Network Functions
Virtualization (NFV) to the telecommunications service provider
(carrier) and corporate enterprise markets through cloud solutions
and professional services, announced today the launching of
NFVGrid, a Network Functions Virtualization Orchestration platform.
InterCloud's Network-as-a-Service ( NaaS ) offering (an ETSI NFV
ISG framework based NFV and Cloud orchestration platform) provides
multi-vendor cloud and NaaS. This new platform utilizes open APIs
to ensure interoperability with different OSS/BSS platforms, cloud
management systems, SDN controllers, and virtualized network
function (VNF) managers. Contrail from Juniper is an industry
proven solution for SDN and we are building on top of it to
maximize the benefit for the end user. This platform enables our
network service provider and enterprise customers to quickly launch
network functions without dealing with complex underlying open
stack, hypervisor and physical hardware configurations, Which
results in low cap-ex and on-demand scale up or down based
architecture. In addition to this platform our professional
services arm makes this transition easier and painless for our
customers. From operational perspective InterCloud becomes one-stop
shop to support the entire architecture, supporting multiple
vendors and technologies."
InterCloud Vice President of Cloud Services, Aqeel Asim, stated:
"The biggest motivation driving service providers and cloud
providers to pursue NFV is the ability to quickly deploy services
for new revenue opportunities. The virtualization is a reality and
its going to change business models." Asim added, "We have taken a
pragmatic approach to implement network and service orchestration
for virtualized network services keeping in mind the integration
with existing BSS/OSS solutions. We are closely following the
evolving role of standards in operationalizing of virtualized
services."
CEO Mark Munro stated, "Our NaaS offering, powered by NFVGrid is
a major breakthrough for our Company. Infonetics forecasts
the carrier SDN and NFV market to reach $11 Billion by
2018. We have positioned InterCloud to be a competitive force
in the emerging growth of Next-Generation IT and telecom
networks."
About InterCloud Systems, Inc.
InterCloud Systems, Inc. is a single-source provider of
end-to-end information technology (IT) and next-generation network
solutions including Software Defined Networking (SDN) and Network
Function Virtualization (NFV) to the telecommunications service
provider (carrier) and corporate enterprise markets through cloud
solutions and professional services. InterCloud offers cloud and
managed services, professional consulting and staffing services,
and infrastructure and applications to assist its customers in
meeting their changing technology demands. InterCloud's cloud
solutions offer enterprise and service-provider customers the
opportunity to adopt an operational expense model by outsourcing to
InterCloud rather than the capital expense model that has dominated
in recent decades in IT infrastructure management. Additional
information regarding InterCloud may be found on InterCloud's
website at www.intercloudsys.com.
Forward-looking statements:
The above news release contains forward-looking statements. The
statements contained in this document that are not statements of
historical fact, including but not limited to, statements
identified by the use of terms such as "anticipate," "appear,"
"believe," "could," "estimate," "expect," "hope," "indicate,"
"intend," "likely," "may," "might," "plan," "potential," "project,"
"seek," "should," "will," "would," and other variations or negative
expressions of these terms, including statements related to
expected market trends and the Company's performance, are all
"forward-looking statements" within the meaning of the Private
Securities Litigation Reform Act of 1995 and involve a number of
risks and uncertainties. These statements are based on assumptions
that management believes are reasonable based on currently
available information, and include statements regarding the intent,
belief or current expectations of the Company and its management.
Prospective investors are cautioned that any such forward-looking
statements are not guarantees of future performances, and are
subject to a wide range of external factors, uncertainties,
business risks, and other risks identified in filings made by the
company with the Securities and Exchange Commission. Actual results
may differ materially from those indicated by such forward-looking
statements. The Company expressly disclaims any obligation or
undertaking to update or revise any forward-looking statement
contained herein to reflect any change in the company's
expectations with regard thereto or any change in events,
conditions or circumstances upon which any statement is based
except as required by applicable law and regulations.
CONTACT: Investor Relations
InterCloud Systems, Inc.
561-988-1988
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