Colt Technology Services has marked its 25th anniversary with an upgrade to their digital infrastructure in order to stay competitive. Colt plans to invest more than €200m into the business in 2017, as part of a planned strategic investment plan over the next three years.
William Fellows, founder & research vice president at 451 Group commented: “There’s a major disruption playing out in the telecoms market akin to, and in no small part driven by, that being played out in the cloud. Networking is exciting again. Old business models are breaking down and technology is taking a major leap forward, driven by software and virtualisation. Colt is investing in its core asset, its network – bringing in what’s effectively a shiny new car – to stay ahead in this race.”
In addition to the continued financial investment, Colt is addressing this upward curve with a new executive leadership team that has successfully implemented a strategic and cultural shift in the organisation. Colt has simplified the business to focus on core strengths – innovation, the Colt IQ Network and a new standard in customer experience.
Carl Grivner, CEO, Colt, said: “We are fortunate to not have many of the distractions of our peers, such as wireless, consumer and content. This means we can focus on building an intelligent network to meet the businesses requirements of today’s demanding enterprises. In fact, we believe our customers, and indeed all our competitors’ customers, should be more demanding of the industry. We are up for the challenge and we are confident we will deliver.”