Peribit partners with US Telecommunication

Peribit Networks, the WAN vendor has formed a partnership with US Telecommunication as part of the company’s strategy to capitalise on the Middle East market valued at US$30 million by 2007.

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By  Maddy Reddy Published  March 9, 2004

Peribit Networks, the WAN application performance vendor, announced today that it has formed a partnership with US Telecommunication, as part of the company’s strategy to capitalise upon the Middle East market valued at US$30 million over the next three years. Under the terms of the agreement, US Telecommunication (UST) will develop Peribit’s channel partner network, drive sales, co-ordinate regional training and provide pre and after-sales support across the Middle East. UST is already working with a number of channel partners, including Beta IT, DPS, Al-Rostamani and Potential Net in the UAE. “Peribit is a leader in enhancing network performance and reducing costs by eliminating redundant data from Wide Area Networks (WANs). As IT budgets become increasingly squeezed, senior managers will need to identify cost saving initiatives,” says Sami Bazzari, channel and business development manger, UST. Peribit estimates the market for WAN acceleration products to increase to US$30 million by 2007. UST predicts strong demand for the Peribit products, because of the proven ‘drop-in deployment’ with a return on investment (ROI) in few weeks. Both the companies are anticipating strong growth for their products in Saudi Arabia, Qatar, UAE and North Africa. “More than 40% of current technology budgets are spent on network and communication costs, representing a significant proportion of IT spending. Many of the data flows are repeat messages. This redundant traffic slows down the network and the applications running across the network,” explains John Rea, regional director, Peribit Networks. The vendor’s regional customers include Dubai Municipality, Schneider Electric and Dolphin Energy. UST has similar distribution alliances with networking vendors such as Blue Coat Systems, Secure Computing, Foundry Networks, Avaya and Marconi.

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