Dublin, Ireland (PRWEB UK) 22 May 2012
The emergence of dynamic, on-demand computing resources has prompted the re-evaluation of bandwidth-on-demand service offerings. These would provide cost-effective connectivity between end-customers and data centres over short time durations. A necessary precursor for this is the ability to trade bandwidth contracts for on-demand end-to-end Ethernet circuits, mediated through an electronic exchange that enables price-discovery. It would then be possible to deliver Cloud Services more cost effectively through on-demand provision of the three core elements of Network, Storage & Compute.
The project brings together several innovative engineering companies in a unique collaboration under the sponsorship of BT, each with years of expertise from their respective fields. Together they have engineered a way for all the components necessary to trade network resources through a Bandwidth Exchange using an approach comparable to Over-The-Counter Contracts.
Peter Willis, Chief Data Architect at BT Innovate & Design, said: This is a catalyst that demonstrates it’s possible to implement a viable Bandwidth Exchange marketplace offering connectivity to cloud services. Providing flexibility in bandwidth provision and availability will enable exciting new network services and investment opportunities that complement flexible cloud services.
This unique demonstration has been developed on the Irish governments Exemplar test-bed and can be seen at the TM Forums Management World Catalyst Showcase in Dublin between May 22nd and 24th 2012.
About Intune Networks Limited (http://www.intunenetworks.com)
Intune Networks have developed a brand new networking technology, allowing telecoms operators to scale networks in a way that is simpler to operate, uses far fewer components and can cope with unexpected traffic demands.
Intune have created a new way of switching packets over long distances, creating an optical Ethernet switch fabric that can switch packets in real-time across hundreds of kilometres. Intune’s technology uses tuneable LASERs to switch packets using the emerging OBS (Optical Burst Switching) standard. This reduces network complexity and increases connectivity by making bandwidth instantly available to any point in the network.
Intune are a venture-backed company headquartered in Dublin, Ireland, with offices in the United States and further research and development facilities in Belfast in the UK
BT is one of the worlds leading providers of communications services and solutions, serving customers in more than 170 countries. Its principal activities include the provision of networked IT services globally; local, national and international telecommunications services to its customers for use at home, at work and on the move; broadband and internet products and services and converged fixed/mobile products and services. BT consists principally of four lines of business: BT Global Services, BT Retail, BT Wholesale and Openreach.
In the year ended 31 March 2012, BT Groups revenue was