The Globe and Mail

Go to the Globe and Mail homepage

Jump to main navigationJump to main content

Globe Investor

News Sources

Take control of your investments with the latest investing news and analysis

Press release from Marketwire

PEER 1 Hosting and Tier 3 Deliver VMware-Based Enterprise Cloud in the UK

High Availability SLA, Automatic Back Up and Offsite Replication Available on Pay as You Use Basis

Wednesday, September 26, 2012

PEER 1 Hosting and Tier 3 Deliver VMware-Based Enterprise Cloud in the UK00:01 EDT Wednesday, September 26, 2012VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 26, 2012) - PEER 1 Hosting (TSX:PIX), the global IT hosting provider, and Tier 3, the enterprise cloud platform developer, today announced a partnership to deliver VMware-based enterprise cloud to the UK market. The solution combines hosting services from PEER 1 Hosting with the enterprise-grade cloud platform from Tier 3, and is underpinned by VMware's vCloud platform; giving customers the ability to easily and successfully manage their businesses in the cloud. Built with IT and development operations in mind, the enterprise cloud platform drives tangible return on investment, reduces time to market, makes it easier to manage complexity and minimises operational requirements. Customers will also benefit from local data centres and regionalised disaster recovery along with an expanding global footprint of cloud nodes. "Our partnership with Tier 3 means we can now offer enterprise customers an innovative, high performance cloud service with business continuity built right in," said Fabio Banducci, President and CEO, PEER 1 Hosting. "This easy-to-manage cloud solution will allow customers to focus on growing their business without worrying about security, backup or compliance. Our unique utility-based pricing model also means they are paying only for what they need without having to invest in technology they are not using." "Combining the power of PEER 1 Hosting's superior network and infrastructure with Tier 3's cloud platform gives customers in the UK a virtual cloud solution that streamlines their IT operations so they can focus on taking care of business," said Jared Wray, Founder of Tier 3. Unique automation technology eases the burden of managing everything from routine tasks to complex, enterprise-scale systems. Workload management, backups and other time-consuming IT tasks are automated, as are monitoring and reports to keep IT informed of performance. Virtual machines can be managed in groups, making managing enterprise-scale infrastructures comprising hundreds of servers as easy as managing a handful. "Cloud providers have everything to play for in a fast evolving competitive landscape," said Agatha Poon, research manager, global cloud computing for 451 Research. "A reliable cloud platform with continuous innovation combined with better and more ubiquitous service availability, and proactive management and support are core elements needed to earn the trust and loyalty of transforming enterprises." About PEER 1 Hosting PEER 1 Hosting is one of the world's leading server and cloud hosting providers. The company is built on two obsessions: Ping & People. Ping, represents its commitment to best-in-breed technology, founded on a high performance 10Gbps FastFiber Network™ connected by 18 state-of-the-art datacenters, 22 points-of-presence and 10 colocation facilities throughout North America and Europe. People, represents its commitment to delivering outstanding customer service to its more than 12,000 customers worldwide, backed by a 100 percent uptime guarantee and 24x7x365 FirstCall Support™. Info-Tech Research Group recently named PEER 1 Hosting as a "Champion" in its Canadian colocation and managed services Vendor Landscape report, recognizing the company's strength in product offerings and enterprise strategy in the global IT marketplace. PEER 1 Hosting's portfolio includes Managed Hosting, Dedicated Servers, Colocation and Cloud Services. Founded in 1999, the company is headquartered in Vancouver, Canada, with European operations headquartered in Southampton, UK. PEER 1 Hosting shares are traded on the TSX under the symbol PIX. For more information visit: www.peer1.com.About Tier 3 Tier 3 unleashes business agility through unique, enterprise-class cloud services and software that puts global companies on the path to IT as a Service. The company's virtual public cloud services combine both infrastructure (IaaS) and platform as a service (PaaS) in a comprehensive platform. The Tier 3 Cloud increases IT operational efficiency and flexibility through advanced cloud orchestration and management capabilities. Global enterprises and service providers find the Tier 3 Cloud ideal for their entire business application portfolios, from development to production environments and mission-critical applications. The Company is based in Bellevue, WA, with regional presence in multiple locations in North America and Europe.FOR FURTHER INFORMATION PLEASE CONTACT: Kristin SawyerMAVERICK Public Relations for PEER 1 Hosting416-640-5525 ext. 228kristins@maverickpr.comORStacey Collins BurbachConcept PR for Tier 3602-279-1137staceyb@conceptpr.net