Business
InterCloud Secures Contract With Multi-National Firm for SD-WAN Solution
InterCloud Secures Contract With Multi-National Firm for SD-WAN Solution.
About this update from Intercloud Systems Inc
[{"type":"text","content":"\n\n SHREWSBURY, N.J., Aug. 25, 2017 (GLOBE NEWSWIRE) -- InterCloud Systems, Inc. (the \"Company\" or \"InterCloud\") (OTC:ICLD), a leading provider of cloud networking orchestration and automation solutions and services, announced today it has entered into a contract with Tekmark Global Solutions for its automated provisioning and management software system for multi-location and multi data-center networks – NFVgrid SD-WAN.  Tekmark is a multi-national, New Jersey based IT professional services company.\n InterCloud’s SD-WAN solution provides functions for fully secure, encrypted connection of remote offices and data centers without the need for IT technicians onsite or truck roll requirements. This solution fully automates the initial customer premises equipment (either physical or virtual) roll out as well as ongoing management, maintenance and monitoring services. Guy DelGrande,CEO of Tekmark stated: “The implementation of NFVgrid SD-WAN will allow Tekmark to manage its wide area network more efficiently.  A lot of network configurations, management and monitoring functions that were traditionally handled manually are now automated utilizing NFVgrid SD-WAN.” Mark Munro, CEO of InterCloud states that, \"As we begin to transform InterCloud from a professional services oriented business to a SaaS solutions company, contracts such as these are critical steps in this transition.  The public markets recognize the value of SaaS modeled companies versus traditional, professional services companies.  The anticipated revenue growth, increased gross margins and the recurring revenue nature of this business is compelling.” About InterCloud Systems, Inc. InterCloud Systems, Inc. is a leading provider of cloud networking orchestration and automation, for Software Defined Networking (SDN) and Network Function Virtualization (NFV) cloud environments to the telecommunications service provider (carrier) and corporate enterprise markets through cloud solutions and professional services. InterCloud's cloud solutions offer enterprise and service-provider customers the opportunity to adopt an operational expense model by outsourcing cloud deployment and management to InterCloud rather than the capital expense model that has dominated in recent decades in IT infrastructure management. Additional in...