Colt Technology Services is further extending its IQ Network in Dublin with more than 150km of additional fibre deployed in the city.
The company already connects some 350 buildings and 23 data centres in the area and the latest investment is part of a wider expansion strategy, aiming to provide agile and on-demand high bandwidth solutions to customers across Europe, Asia and North America.
Colt has identified a progressive increase in demand for high bandwidth connectivity services in Dublin over the coming years, citing figures from the European Commission that state the Irish economy will have grown by 5.6 per cent by the end of this year. This, says the company, is driven by the domestic market as well as foreign trade and investment.
The latest investment in the region is to ensure that the Colt IQ Network, which the company says is optimised to 100Gb/s and designed to provide on-demand flexibility for businesses, will be capable of serving the growing connectivity requirements of digital enterprises in Dublin. It will also extend Colt’s global footprint, which currently connects more than 850 data centres and over 27,000 on-net buildings.
Commenting on the move, Carl Grivner, CEO at Colt Technology Services said: ‘We see Dublin as being one of Europe’s key growth cities in the coming years. With multinational investment in Ireland only likely to increase, this expansion demonstrates our ongoing commitment to enabling the digital transformation of businesses in today’s increasingly fast paced digital economy.’
The company’s expanded connectivity solutions will be rolled out in Dublin over a number of phases, which began in September 2018.