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GiantLoop, Con Edison reach agreement. (Technology Update).


GiantLoop Network, Inc., the leading provider of services and software for information management and movement of critical corporate data, and Con Edison Communications, a wholly owned subsidiary Wholly Owned Subsidiary

A subsidiary whose parent company owns 100% of its common stock.

Notes:
In other words, the parent company owns the company outright and there are no minority owners.
 of Consolidated Edison This article is about the utility company in New York. For ComEd in Illinois, see Commonwealth Edison.
Consolidated Edison, Inc. NYSE: ED is one of the largest investor-owned energy companies in the United States.
, Inc. announced an agreement to enhance business continuity networking solutions.

Enterprise companies face a daunting daunt  
tr.v. daunt·ed, daunt·ing, daunts
To abate the courage of; discourage. See Synonyms at dismay.



[Middle English daunten, from Old French danter, from Latin
 challenge, which is to protect corporate data and guarantee around the-clock uptime for business-critical applications. Success depends upon networking multiple data centers together over a high bandwidth, managed network infrastructure. According to according to
prep.
1. As stated or indicated by; on the authority of: according to historians.

2. In keeping with: according to instructions.

3.
 research by JP Morgan/Chase, Gartner, and others, the connectivity portion of this market represents a $26 billion dollar market in 2001; growing to $51 billion by 2005. Research also indicates that the management software portion of this market represents $8 billion growing to $24 billion over the same timeframe. Many communications companies have abundant physical assets to supply data center networking connectivity to global companies, but may lack the trained sales and support force, enterprise management, and on-going support infrastructure and skills necessary to service this market.

Addressing this challenge, the Powered by GiantLoop program is specifically crafted to combine the world's best network assets with GiantLoop's industry-leading IT focus, integration skills, and data center network management software. By signing on to the Powered by GiantLoop program, interexchange carriers and incumbent local exchange carriers can greatly accelerate their time-to-market to build customer relationships and drive new revenue streams. The first company to take advantage of the Powered by GiantLoop program is Con Edison Communications.

Con Edison Communications embraces the Powered by GiantLoop program as a way to offer and provide additional services that ride on top of its metro optical network in New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
. "Con Edison Communications' tremendous optical reach can solve the last mile bottleneck for enterprise and carrier customers in the New York metro For the region, see .

Metro New York is a free daily newspaper in New York City started in 2004. Its main competition is AM New York, with which it practices many of the same distribution and marketing strategies.
 area," said Peter Rust, president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  for Con Edison Communications.

Powered by GiantLoop allows partners to take advantage of GiantLoop's experience with:

* Data center network management software and services. GiantLoop's operational support system (OSS Oss (ôs), city (1994 pop. 62,141), North Brabant prov., S Netherlands; chartered 1399. It is a significant industrial center. Manufactures include meat products, chemicals, pharmaceuticals, electrical equipment, and metalware. ) and management software govern storage, telco, and data networking applications and devices as they connect and traverse metro-based data center networks.

* Testing and certification capability. GiantLoop tests and certifies all equipment for latency, interoperability and performance before it is integrated into any GiantLoop service offering.

* Consulting and field engineering. GiantLoop has extensive capabilities to design, plan, test, and deploy data center networks that connect storage networks and Gigabit Ethernet LANs across metropolitan areas to protect valuable data and lower operating costs.

* Support and maintenance services. The GiantLoop Network Control Center (NCC NCC

See National Clearing Corporation (NCC).
) is staffed by engineers - not operators - on a 24x365 basis. These experts are on call to help solve network and IT problems within a 2-hour response time. GiantLoop hires and trains its own field technicians and stocks local spare parts and test equipment for rapid problem isolation and resolution.
COPYRIGHT 2002 Hagedorn Publication
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2002, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Title Annotation:GiantLoop Network, Con Edison Communications
Publication:Real Estate Weekly
Article Type:Brief Article
Geographic Code:1USA
Date:Jan 2, 2002
Words:469
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