Businesses Reduce Risks and Cut Costs Amid Uncertain Times; United Armored Services Selects OpenReach to Protect Its Business Networks.Business Editors/High-Tech Writers WOBURN, Mass.--(BUSINESS WIRE)--July 28, 2003 The troubled U.S. economy and uncertain world climate has led business executives to take measures to make preparations; to provide means. See also: measure to lower their risks and protect their companies. With so many corporations struggling to regain profitability, business executives have become acutely concerned with the health of their vendors and suppliers. Of particular concern is the stability of telecommunications carriers, whose networks play a vital role in supporting today's information technology-driven market. In recent years, many telecom carriers have been forced into bankruptcy, leaving businesses vulnerable to costly network downtime The time during which a computer is not functioning due to hardware, operating system or application program failure. , service performance degradation, and even sudden shutdown shut·down n. A cessation of operations or activity, as at a factory. shutdown Noun the closing of a factory, shop, or other business Verb shut down . Such an event can cost companies up to $96,632 per hour in lost revenue and productivity. (Source: Infonetics Research) To ensure business continuity amid uncertain times United Armored Services (UAS UAS University of Applied Sciences UAS Unavailable Seconds (Sprint) UAS University of Alaska Southeast UAS User Agent Server UAS Unassigned (Telabs) UAS Unmanned Aircraft System ) has selected OpenReach to provide a secure and reliable IP-based virtual private networking (IP VPN (Virtual Private Network) A private network that is configured within a public network (a carrier's network or the Internet) in order to take advantage of the economies of scale and management facilities of large networks. ) service. The OpenReach service uses the ubiquity Ubiquity See also Omnipresence. Burma-Shave their signs seen as “verses of the wayside throughout America.” [Am. Commerce and Folklore: Misc. of the Internet to eliminate dependence on a single telecommunications carrier, in essence diversifying a company's "carrier portfolio." In addition, OpenReach services enable companies like UAS to realize: -- Flexibility to change carriers without affecting operation of the business network -- End-to-end data security to protect against financial and trade secret theft -- Increased bandwidth for equal or lower costs than previous networking services -- 24x7 network management and monitoring that lessens burden on small IT staffs "Business continuity is no longer about running a backup network; it's about true risk mitigation at every level of business operations Business operations are those activities involved in the running of a business for the purpose of producing value for the stakeholders. Compare business processes. The outcome of business operations is the harvesting of value from assets . Smart companies like UAS are taking business continuity seriously at the executive level to ensure that all aspects of the company, not just the data network, are protected," said Michael Suby, senior research analyst with Stratecast Partners, a division of Frost & Sullivan. "Next-generation service providers like OpenReach help companies ensure that business connections--including those with partners and customers--are secure and reliable." United Armored Services Reduces Business Risks UAS is the largest armored car company in the Midwest and the sixth largest in the nation. UAS President Robin Miles continually seeks ways to reduce his company's risks, which not only ensures safety for his employees and customers, but also helps to lower costly insurance premiums - the company's largest operating expense Operating Expense The essential things that a company must purchase in order to maintain business. Notes: For example, the payment of employees wages are an operating expense. Also known as OPEX. . UAS selected OpenReach to replace its outdated out·dat·ed adj. Out-of-date; old-fashioned. outdated Adjective old-fashioned or obsolete Adj. 1. 64Kbps frame relay A high-speed packet switching protocol used in wide area networks (WANs). Providing a granular service of up to DS3 speed (45 Mbps), it has become popular for LAN to LAN connections across remote distances, and services are offered by most major carriers. network to support new applications like video surveillance of out-of-state facilities and secure remote printing of route schedules, as well as to provide better performance and easier maintenance of existing network services at UAS branch offices. With OpenReach IP VPN Services, UAS benefits from better price per kilobit (thousand bits). For technical specifications, it refers to 1,024 bits. In general usage, it typically refers to an even one thousand bits (see kilo). Also Kb, Kbit and K-bit. See space/time. (unit) kilobit - 2^10 = 1024 bits of storage (1 Kb). , fast deployment of new applications, and minimal oversight required by UAS's small IT staff. "By replacing frame relay with an IP VPN from OpenReach, I increased network performance 250% without increasing my costs, and that's important as we deploy new applications that increase the safety of my facilities," said Robin Miles, president of United Armored Services. "Plus, with OpenReach, there's one less thing my IT guys need to worry about. OpenReach monitors our network 24x7, and that's important because our business is a 24-hour operation." About OpenReach, Inc. OpenReach provides award-winning IP VPN services for building secure, reliable enterprise networks over any IP transport. Advanced features unique to OpenReach Services overcome the common challenges of connecting dissimilar networks and automate most operations and maintenance functions, saving valuable IT-staff time. Named 2003 Product of the Year by Network Magazine, OpenReach services combine always-on IP transport that is independent of the primary WAN, end-to-end security using encryption The reversible transformation of data from the original (the plaintext) to a difficult-to-interpret format (the ciphertext) as a mechanism for protecting its confidentiality, integrity and sometimes its authenticity. Encryption uses an encryption algorithm and one or more encryption keys. and digital certificates and real-time global monitoring of the IP and primary WAN connections. Founded in 1999 by former Bell Labs engineers and with 10 patents pending, OpenReach serves 500 customers in 43 countries. The company achieved 250% revenue growth in 2002. Learn more about OpenReach at http://www.openreach.com. |
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