Jump to content

Global Cloud Xchange

Add links
From Wikipedia, the free encyclopedia
(Redirected from Vanco (company))
Global Cloud Xchange
Company typePrivate
Industry
  • Cloud Connectivity
  • Managed SD-Wan
  • Hybrid Networks
  • Global Sub Sea Networks
Founded14 March 2014; 10 years ago (2014-03-14)
Area served
Worldwide
Key people
  • Carl Grivner (CEO)
Owner
Websitewww.globalcloudxchange.com

Global Cloud Xchange (GCX) is a company which provides network services for enterprises, new media providers and telecoms carriers.[1] In September 2022, it was acquired by 3i Infrastructure for $512 million.[2]

Overview

[edit]

GCX has principal offices in London, Hong Kong, and Mumbai, and additional offices in Australia, China, Egypt, France, Germany, Italy, Japan, the Netherlands, Singapore, South Korea, Spain, Taiwan, the United Arab Emirates, the United Kingdom, and the United States.[3]

GCX Limited was a subsidiary of RCOM, which is listed in India on the BSE Limited and the National Stock Exchange of India Limited and is one of India's largest telecommunications service companies providing wireless, wire line, long-distance, voice, data, video and Internet communications services. RCOM is part of the Reliance Group, one of India's largest business groups which has a significant presence in the telecommunications, financial services, entertainment, energy and infrastructure sectors.[4]

History

[edit]

Global Cloud Xchange was formed as part of the rebranding of certain businesses of RGBV, which includes FLAG Telecom Group Limited ("FLAG"), Reliance Vanco Group Limited ("Vanco") and Yipes Holdings, Inc. ("Yipes").[5][6][7]

In 2003, the Reliance Group was acquired. In 2008, renamed FLAG as Reliance Globalcom Limited ("RGL").[8] RGL owns and operates various undersea and terrestrial fiber assets around the world, including the FEA cable system linking Europe to Asia via the Middle East and India. Before being acquired by Reliance Group, FLAG was listed on the NASDAQ National Market and London Stock Exchange. FLAG was first established in 1993 by a group of telecommunications companies led by Bell Atlantic.

In 2007, RGL acquired Yipes through one of RGL's wholly owned subsidiaries.[9][10] Yipes is a US-based Ethernet Service provider which provides Ethernet and application delivery services for global enterprises. Established in 1999, Yipes has pioneered the Ethernet technology in metropolitan area networks.

In 2008, RGL acquired Vanco through one of its wholly owned subsidiaries.[11][12] Vanco is a global Wide Area Network Operator. Vanco provides enterprise clients, directly or through partners, with optimized fully managed network solutions. Vanco was established in 1988 and its original parent company, Vanco plc, was listed on the London Stock Exchange before it was acquired by RGL.

In 2011, Reliance Globalcom set up world's first global Mediterranean gateway and hub in Europe set up with Hawk cable system.[13][14][15]

In April 2013, Reliance Globalcom integrated Hawk cable system with Reliance Global Network.[16][17] Later in December, it upgraded Trans-Atlantic cable with 100G technology.[18][19]

In March 2014, RGL rebranded as Global Cloud Xchange (GCX) under the leadership of CEO, Bill Barney, to align with the company's strategic plan to deliver an integrated portfolio of infrastructure, data center and managed network services with cloud capabilities, especially across key emerging markets in Asia and the Middle East.[20][21]

In March and June 2014, GCX announced plans for new subsea cables between Tokyo and California[22][23] and between Mumbai and Singapore[24][25] respectively, to bridge important gap and meet soaring bandwidth demands of new cloud-based applications and services.

In July 2014, GCX announced successful debut in the Global Capital Market by raising US$350M fixed rate notes maturing in 2019. The deal received an overwhelming response from the market, and was significantly oversubscribed.[26][27]

In October and December 2014, GCX launched transformational Cloud X platform in Hong Kong[28][29] and London.[30][31] This new high performance enterprise-class platform delivers applications and content across the company's privately owned global fiber optic network.

In March 2015, Reliance Communications (RCOM), the parent company of GCX, expanded the role of Bill Barney, CEO of Global Cloud Xchange (GCX), to also oversee RCOM's Enterprise, IDC and National Long Distance (NLD) operations in India, while continuing as chairman and CEO of GCX.[32][33]

In 2015, GCX launched Cloud X Fusion,[34][35][36] providing low latency connectivity across developed and emerging markets in the US, Europe, Middle East and Asia, which gives enterprises security, reliability and predictability.

In July 2015, Reliance Communications (RCOM) expanded its next generation content and cloud delivery network – part of its subsidiary Global Cloud Xchange – to five additional cities in Delhi, Mumbai, Chennai, Bangalore and Hyderabad as part of a wider strategy to support future growth in the country.[37][38][39] These Cloud Xchange nodes can help government departments access 240 times the amount of compute power currently available in government data centers, and over six times the high speed storage currently available in India.

In August 2015, Reliance Communications' Global Cloud Xchange to expand Singapore-India connectivity,[40][41] a major step forward to deliver next generation connectivity services to support the digital transformation and economic growth of India.[citation needed]

In February 2016, Global Cloud Xchange (GCX) announced the launch of Cloud X in Sydney,[42][43][44] enabling customers across Australia to have on-net access to public Cloud platforms such as AWS, Microsoft Azure, Softlayer, Google, Rackspace, VMWare and more than 20 others worldwide, as well as software services like Microsoft Office 365 and Google Apps for Work.

In May 2016, Global Cloud Xchange was named Best Managed Services Provider at the Telecom Asia Awards held in conjunction with the annual Telco Strategies in Kuala Lumpur, Malaysia.[45][46][47]

In April 2017, Global Cloud Xchange partnered with Alibaba group's Alibaba Cloud Express to drive new business opportunities in enterprise segment.[48]

In June 2017, Global Cloud Xchange partnered with Aegis Data, vScaler. GCX enables direct access to vScaler's Cloud Services platform via GCX's CLOUD X Fusion, delivering Next Generation application-specific Cloud Services to consumers and enterprises over the GCX Global Network.[49]

In June 2017, Global Cloud Xchange won two Datacloud Awards. "Excellence in Connectivity for Data Centers" and "Excellence in Cloud Services" at the Datacloud Europe 2017 conference.[50]

Also in June 2017, Global Cloud Xchange partnered with Sovereign to offer global connectivity to business enterprise customers.[51]

In September 2019, the company filed for bankruptcy protection in a US court when it failed to pay $350 million of 7% bonds that matured in the beginning of August, 2019.[52]

In February 2020, Global Cloud Xchange renewed multi-year contract with Autoneum, to enhance Autoneum's Internet infrastructure with enhanced connectivity to 55 production locations across 25 countries in Europe, North and South America, Africa, and Asia.[53]

In March 2020, Global Cloud Xchange and Sparkle, announced the extension of their partnership by adding new spectrum capacity over the Flag Atlantic (FA-1) transatlantic system connecting Paris and London to New York.[54]

Global Cloud Xchange Announces Majority Emergence from Bankruptcy[55]

GCX announces the appointment of Carl Grivner to the company's Board of Directors[56]

SGS Extends Network Connectivity Agreement with Managed SD-WAN from Global Cloud Xchange[57]

GCX appoints new Chief Financial Officer, Anja Blumert[58]

GCX announces an addition to the company's board of directors; Brian Fitzpatrick[59]

Carl Grivner appointed chief executive officer of GCX[60]

GCX announces the appointment of Rahul N. Merchant to its board of directors[61]

In May 2021, GCX announced key findings from a Pioneer Consulting report evaluating the service life of its global subsea asset. The evaluation concluded at least five more years on GCX's oldest operating systems, plus longer life at increased capacity available for the foreseeable future.

In July 2021, GCX reported Free Cash Flow of $24.9 million, representing a $82.7 million improvement year-on-year, enabling the business to paydown nearly $10.5 million in debt. The combination of strong cash flow and deleveraging the business allows GCX to continue reinvesting toward future growth.

Global Network

[edit]

The principal elements of the Global Cloud Xchange Global Network include five subsea cable systems operating on major global data traffic routes: the Trans-Atlantic route, the Europe-Asia route, the Europe-Middle East and Egypt route and the Intra-Asia route.[62][63]

As of 30 June 2014, these cable systems had a total length of 68,698 route kilometres ("rkm")[64] and landed at 46 landing stations in 27 countries. GCX has launched India Cloud Xchange (ICX) through capacity acquired on the TIC cable to boost its connectivity between India and Singapore.[65][66]

GCX has owned as well as leased terrestrial networks with a total length of 83,432 rkm integrated within the subsea cable system. These are present in over 34 metropolitan areas across 14 countries covering major business centres. GCX also has a scalable global IP and multi-protocol label switching ("MPLS") network provided over 27 diverse owned and leased international subsea and terrestrial cable routes, with 836 direct inter-connections to 342 third party networks.[67][68]

GCX's managed network services platform connects approximately 27,000 sites in 158 countries through a combination of leased and owned infrastructure offered through a dedicated secure IP network. Two GNOCs in Denver and Mumbai act as the global network operational centres of the GCX Global Network, the functions of which include 24-hour monitoring, network operations, restoration coordination and technical support.[69]

Leadership

[edit]

Senior Leadership

  • Carl Grivner: Chief Executive Officer[70]
  • Anja Blumert: Chief Financial Officer[71]
  • Jim Fagan: Chief Strategy and Revenue Officer [72]
  • Jocelyn Cho: General Counsel[73]
  • Brad Kneller: Head of Submarine Operations [74]
  • M U Khan: Head of Human Resources[75]
  • Stefano Mazzitelli: President of Europe and USA[76]
  • Vineet Verma: President of Middle East and Africa[77]

References

[edit]
  1. ^ "Global Cloud Xchange - What we do". Global Cloud Xchange. Archived from the original on 1 May 2020. Retrieved 11 March 2020.
  2. ^ "3i Infrastructure plc Completes Acquisition of Global Cloud Xchange". Global Cloud Xchange. Archived from the original on 5 January 2023. Retrieved 4 January 2023.
  3. ^ "Global Cloud Xchange - Contact us". 15 March 2023. Archived from the original on 2 May 2020. Retrieved 11 March 2020.
  4. ^ "Overview". Reliance Group India. Archived from the original on 8 January 2023. Retrieved 8 January 2023.
  5. ^ "Goodbye Reliance Globalcom, hello Global Cloud Xchange | Telecom Ramblings". www.telecomramblings.com. 19 March 2014. Archived from the original on 18 December 2014. Retrieved 4 August 2016.
  6. ^ Converge! Network Digest (20 March 2014), CEO Interview: Bill Barney on Building a Global Cloud Ecosystem, archived from the original on 21 December 2021, retrieved 4 August 2016
  7. ^ "Reliance Globalcom Unveils New Name, Cloud Business Plan". Retrieved 4 August 2016.[permanent dead link‍]
  8. ^ "Reliance to acquire Flag Telecom for $207 mn". Archived from the original on 23 August 2016. Retrieved 4 August 2016.
  9. ^ "Reliance ADA Group". www.relianceada.com. Archived from the original on 10 August 2016. Retrieved 4 August 2016.
  10. ^ "Reliance Bags Yipes for $300M | Light Reading". Archived from the original on 30 March 2015. Retrieved 4 August 2016.
  11. ^ "Reliance Group". www.relianceada.com. Archived from the original on 24 July 2016. Retrieved 4 August 2016.
  12. ^ "Reliance Globalcom buys Vanco for Rs 3.27 billion – Times of India". The Times of India. 27 May 2008. Archived from the original on 17 September 2016. Retrieved 4 August 2016.
  13. ^ PTI (19 December 2011). "Reliance Globalcom sets up Mediterranean gateway and hub". Retrieved 4 August 2016.
  14. ^ "Submarine Cable Map". Archived from the original on 30 June 2016. Retrieved 4 August 2016.
  15. ^ "Network Map | Global Cloud Xchange". globalcloudxchange.com. Archived from the original on 30 July 2016. Retrieved 4 August 2016.
  16. ^ "Reliance integrates Hawk with global network". www.telegeography.com. Archived from the original on 1 July 2016. Retrieved 4 August 2016.
  17. ^ "Reliance Globalcom integrates Hawk cable system with Reliance Global Network | Global Cloud Xchange". globalcloudxchange.com. Archived from the original on 27 August 2016. Retrieved 4 August 2016.
  18. ^ "Reliance Globalcom upgrades transatlantic submarine network with Ciena's GeoMesh". DatacenterDynamics. Archived from the original on 14 September 2016. Retrieved 4 August 2016.
  19. ^ "Reliance Globalcom Achieves another Major Milestone, Upgrades its Trans-Atlantic FA-1 North Submarine Network to 100G with Ciena's GeoMesh | Global Cloud Xchange". globalcloudxchange.com. Archived from the original on 6 October 2016. Retrieved 4 August 2016.
  20. ^ "INTERVIEW-India's Reliance Globalcom no longer for sale, CEO says". Reuters. 6 March 2014. Archived from the original on 18 August 2016. Retrieved 4 August 2016.
  21. ^ "Submarine cable operator surfaces as cloud computing host". 19 March 2014. Archived from the original on 12 July 2017. Retrieved 4 August 2016.
  22. ^ "Global Cloud Xchange Announces Plan for New Cable Between Tokyo and California | Global Cloud Xchange". globalcloudxchange.com. 31 March 2014. Archived from the original on 8 March 2016. Retrieved 4 August 2016.
  23. ^ "Forget 3G or 4G, is 100G on the cards?". CNBC. Archived from the original on 21 August 2016. Retrieved 4 August 2016.
  24. ^ "Global Cloud Xchange Announces Plan for New Subsea Cable Between Mumbai and Singapore | Global Cloud Xchange". globalcloudxchange.com. 19 June 2014. Archived from the original on 8 March 2016. Retrieved 4 August 2016.
  25. ^ "Cable compendium: a guide to the week's submarine and terrestrial developments". www.telegeography.com. Archived from the original on 21 November 2015. Retrieved 4 August 2016.
  26. ^ "Global Cloud Xchange Announces Successful Debut in the International Capital Markets | Global Cloud Xchange". globalcloudxchange.com. 25 July 2014. Archived from the original on 4 March 2016. Retrieved 4 August 2016.
  27. ^ "Fitch Rates Global Cloud Xchange 'B+'; Proposed Bond 'BB+(EXP)/RR1'". Reuters. 15 July 2014. Archived from the original on 18 August 2016. Retrieved 4 August 2016.
  28. ^ "Global Cloud Xchange launches new 'cloud ecosystem'". CNBC. Archived from the original on 21 August 2016. Retrieved 4 August 2016.
  29. ^ "GCX launches cloud ecosystem, sets first nodes in HK, US | Computerworld Hong Kong". Archived from the original on 21 August 2016. Retrieved 4 August 2016.
  30. ^ "GCX kicks off emerging market cloud push with London launch". Archived from the original on 13 August 2016. Retrieved 4 August 2016.
  31. ^ "GCX adds first EU node for Cloud X". Archived from the original on 18 August 2016. Retrieved 4 August 2016.
  32. ^ "Reliance Communications Realigns Business Units, Expands Role of GCX CEO Bill Barney | Global Cloud Xchange". globalcloudxchange.com. 31 March 2015. Archived from the original on 4 March 2016. Retrieved 4 August 2016.
  33. ^ "RCom realigns business units; Global Cloud Xchange CEO to manage India enterprise biz". Archived from the original on 23 August 2016. Retrieved 4 August 2016.
  34. ^ Xchange, Global Cloud. "Global Cloud Xchange Introduces Cloud X Fusion with Google Cloud Interconnect /PR Newswire UK/". www.prnewswire.co.uk. Archived from the original on 22 September 2016. Retrieved 4 August 2016.
  35. ^ "GCX links up with Equinix Cloud Exchage [sic]". telecomasia.net. TelecomAsia. 18 June 2015. Archived from the original on 18 August 2016. Retrieved 4 August 2016.
  36. ^ "CIO-Asia – Global Cloud Xchange offers direct access to AWS". www.cio-asia.com. Archived from the original on 9 August 2016. Retrieved 4 August 2016.
  37. ^ "Reliance Communications' incubation projects providing startups with low-cost network infra: Bill Barney – The Economic Times". The Economic Times. 23 July 2015. Archived from the original on 26 July 2015. Retrieved 4 August 2016.
  38. ^ "You are being redirected..." www.voicendata.com. 21 July 2015. Archived from the original on 15 August 2016. Retrieved 4 August 2016.
  39. ^ Taneja, Mansi (21 July 2015). "RCom launches Cloud Xchance nodes in 5 cities". Business Standard India. Archived from the original on 17 August 2016. Retrieved 4 August 2016.
  40. ^ "Why GCX is expanding Singapore-India connectivity". CNBC. Archived from the original on 21 August 2016. Retrieved 4 August 2016.
  41. ^ "Reliance Communications' Global Cloud Xchange to Expand Singapore-India Connectivity | Global Cloud Xchange". globalcloudxchange.com. 21 August 2015. Archived from the original on 27 August 2016. Retrieved 4 August 2016.
  42. ^ Shaw, Ray. "iTWire – Uber-up the cloud for the global good". www.itwire.com. Archived from the original on 9 August 2016. Retrieved 4 August 2016.
  43. ^ "Global Cloud Xchange launches Cloud X SDN in Australia". Archived from the original on 11 August 2016. Retrieved 4 August 2016.
  44. ^ Wallbank, Paul (16 February 2016). "Telcos shifting up the stack". Decoding the new economy. Archived from the original on 18 August 2016. Retrieved 4 August 2016.
  45. ^ "HKT takes three prizes at TA Awards". Archived from the original on 8 August 2016. Retrieved 4 August 2016.
  46. ^ "Telecom Asia Awards 2016 ceremony highlights". Archived from the original on 18 August 2016. Retrieved 4 August 2016.
  47. ^ "Global Cloud Xchange Named Best Managed Services Provider at Telecom Asia Awards 2016 | Global Cloud Xchange". globalcloudxchange.com. 19 May 2016. Archived from the original on 27 August 2016. Retrieved 4 August 2016.
  48. ^ "Reliance Communications' GCX partners with Alibaba group". Archived from the original on 30 June 2017. Retrieved 19 September 2017.
  49. ^ "RCom enterprise arm GCX partners Aegis Data, vScaler". Archived from the original on 15 September 2017. Retrieved 19 September 2017.
  50. ^ "Global Cloud Xchange wins awards at Datacloud Europe 2017". Archived from the original on 2 June 2022. Retrieved 19 September 2017.
  51. ^ "GCX partners with Sovereign to offer global connectivity". 28 June 2017. Archived from the original on 10 October 2017. Retrieved 19 September 2017.
  52. ^ Sengupta, Devina (16 September 2019). "Reliance Communications unit GCX files for bankruptcy". The Economic Times. Archived from the original on 14 December 2019. Retrieved 16 September 2019.
  53. ^ Yahoo Finance. "Global Cloud Xchange Extends Partnership With Autoneum to Accelerate Their Cloud and SD-WAN Adoption". Yahoo Finance.
  54. ^ "Global Cloud Xchange and Sparkle Extend Their Partnership over the FA-1 Transatlantic System". Martech Series.
  55. ^ "Global Cloud Xchange Announces Majority Emergence from Bankruptcy". 15 April 2020. Archived from the original on 8 August 2020. Retrieved 20 August 2020.
  56. ^ "GCX announces the appointment of Carl Grivner to the Company's Board of Directors". 22 April 2020. Archived from the original on 8 August 2020. Retrieved 20 August 2020.
  57. ^ "SGS Extends Network Connectivity Agreement with Managed SD-WAN from Global Cloud Xchange". 9 June 2020. Archived from the original on 28 September 2020. Retrieved 20 August 2020.
  58. ^ "GCX appoints new Chief Financial Officer, Anja Blumert". 29 June 2020. Archived from the original on 28 September 2020. Retrieved 20 August 2020.
  59. ^ "GCX announces an addition to the Company's Board of Directors; Brian Fitzpatrick". 9 July 2020. Archived from the original on 8 August 2020. Retrieved 20 August 2020.
  60. ^ "Carl Grivner appointed Chief Executive Officer of GCX". 15 July 2020. Archived from the original on 8 August 2020. Retrieved 20 August 2020.
  61. ^ "GCX announces the appointment of Rahul N. Merchant to its Board of Directors". 20 August 2020.
  62. ^ "Global Network Ownership | Global Cloud Xchange". globalcloudxchange.com. Archived from the original on 19 August 2016. Retrieved 4 August 2016.
  63. ^ "Network Map | Global Cloud Xchange". globalcloudxchange.com. Archived from the original on 30 July 2016. Retrieved 4 August 2016.
  64. ^ "Undersea Cable Network Operator Reliance Globalcom Rebrands to Global Cloud Xchange to Reflect New Focus – Web Host Industry Review". Archived from the original on 14 August 2014. Retrieved 4 August 2016.
  65. ^ "Global Cloud Xchange Announces Plan for New Subsea Cable Between Mumbai and Singapore | Global Cloud Xchange". globalcloudxchange.com. 19 June 2014. Archived from the original on 8 March 2016. Retrieved 4 August 2016.
  66. ^ "RCom Subsidiary to Lay Subsea Cable Between Mumbai and Singapore". 19 June 2014. Archived from the original on 16 August 2016. Retrieved 4 August 2016.
  67. ^ "Global Network Ownership | Global Cloud Xchange". globalcloudxchange.com. Archived from the original on 19 August 2016. Retrieved 4 August 2016.
  68. ^ "Network Map | Global Cloud Xchange". globalcloudxchange.com. Archived from the original on 30 July 2016. Retrieved 4 August 2016.
  69. ^ "Global Network Ownership | Global Cloud Xchange". globalcloudxchange.com. Archived from the original on 19 August 2016. Retrieved 4 August 2016.
  70. ^ "Carl Grivner appointed Chief Executive Officer of GCX". 15 July 2020. Archived from the original on 8 August 2020. Retrieved 20 August 2020.
  71. ^ "About GCX". 9 February 2023. Archived from the original on 8 August 2020. Retrieved 20 August 2020.
  72. ^ "GCX appoints Jim Fagan as Chief Strategy and Revenue Officer to Drive Corporate Growth". September 2020. Archived from the original on 28 September 2020. Retrieved 15 September 2020.
  73. ^ "About GCX". 9 February 2023. Archived from the original on 8 August 2020. Retrieved 20 August 2020.
  74. ^ "About GCX". 9 February 2023. Archived from the original on 8 August 2020. Retrieved 20 August 2020.
  75. ^ "About GCX". 9 February 2023. Archived from the original on 8 August 2020. Retrieved 20 August 2020.
  76. ^ "Global Cloud Xchange Leadership". Global Cloud Xchange. Archived from the original on 21 October 2019. Retrieved 21 October 2019.
  77. ^ Xchange, Global Cloud. "Global Cloud Xchange Appoints Vineet Verma as President of Middle East & Africa /PR Newswire UK/". www.prnewswire.co.uk. Archived from the original on 22 September 2016. Retrieved 4 August 2016.
[edit]

Retrieved from "https://en.wikipedia.org/w/index.php?title=Global_Cloud_Xchange&oldid=1255899078"