- The Company will develop open and agile solutions that help accelerate digital transformation in the global communications industry
Gurugram, India – October 26, 2018: Sterlite Tech [BSE: 532374, NSE: STRTECH], a global data networks solutions company, today announced that they will develop and deliver software-enabled programmable solutions using Red Hat’s portfolio of open, enterprise-grade technologies. The solutions will enable communication service providers, enterprises and citizen networks to realise the full potential of web-scale Network Function Virtualisation Infrastructure (NFVI) platform, for their network automation and Software Defined Network (SDN) initiatives.
Given the volume and variability in data demand by end users in today’s digital landscape, the networks of today and tomorrow need to be higher-speed, more secure, programmable and more reliable. To enable this, Sterlite Tech will leverage Red Hat’s suite to help develop a solution-stack that is more open and vendor agnostic. This will be set up at Sterlite Tech’s Centre for Smarter Networks (CSN), showcasing its SDN and NFV offerings and next-generation revenue-management software, which builds upon the Red Hat NFV solution.
“Sterlite Tech is leading the development of software-defined and artificial intelligence platforms that will program optical networks for service providers, delivering intelligent services and a superior experience to their customers,” said Anshoo Gaur, CEO - Telecom Software Business, Sterlite Tech. “Ayush Sharma, an industry leader in SDN and artificial intelligence platforms, has joined us recently to lead this strategic initiative,” Gaur added. Ayush being one of the founding members of the open SDN movement has been a big advocate of leveraging hardened open source in production networks.
Sterlite Tech and the global industry realises that programmability and openness cannot be achieved without using open specifications and production-grade open-source code. “Red Hat is a leader when it comes to putting open-source code in production, and we are delighted to partner with them,” asserted Gaur.
“Open source software, specifically infrastructure as a platform, for NFV can give communications service providers more flexibility and agility to adjust to industry changes and help to accelerate delivery of new services with an innovative, open and interoperable architecture. We are excited to work with Sterlite Tech as we share a common purpose to transform the design, build-out and management of networks based on open-source technologies,” said, Ben Henshall, Country Manager, Red Hat - India.
About Sterlite Technologies:
Sterlite Technologies Ltd [BSE: 532374, NSE: STRTECH], is a global technology leader that designs, builds and manages smarter digital networks. Sterlite Tech engages with customers in more than 100 countries, with a digital web-scale offering across products, services and software. The Company has global scale manufacturing facilities in India, Italy, China and Brazil and two Software Delivery Centres in India. Sterlite Tech is home to India's only Centre of Excellence for broadband research and Centre for Smarter Networks for next generation network applications. Projects undertaken by the company include intrusion-proof smarter data network for the Armed Forces, rural broadband for BharatNet, Smart Cities' development, and establishing high-speed Fibre-to-the-Home (FTTH) networks. For more details, visit www.sterlitetech.com
Forward-looking and cautionary statements:
Certain words and statements in this release concerning Sterlite Technologies Limited and its prospects, and other statements relating to Sterlite Technologies' expected financial position, business strategy, the future development of Sterlite Technologies' operations and the general economy in India, are forward-looking statements. Such statements involve known and unknown risks, uncertainties and other factors, which may cause actual results, performance or achievements of Sterlite Technologies Limited, or industry results, to differ materially from those expressed or implied by such forward-looking statements. Such forward-looking statements are based on numerous assumptions regarding Sterlite Technologies' present, future business strategies, and the environment in which Sterlite Technologies Limited will operate in the future. The important factors that could cause actual results, performance or achievements to differ materially from such forward-looking statements include, among others, changes in Government policies or regulations of India and, in particular, changes relating to the administration of Sterlite Technologies' industry, and changes in general economic, business and credit conditions in India. Additional factors that could cause actual results, performance or achievements to differ materially from such forward-looking statements, many of which are not in Sterlite Technologies' control, include, but are not limited to, those risk factors discussed in Sterlite Technologies' various filings with the National Stock Exchange, India and the Bombay Stock Exchange, India. These filings are available at www.nseindia.com and www.bseindia.com
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