Latest news with #NaaS
Arabian Post
5 hours ago
- Business
- Arabian Post
Lumen Technologies Surpasses 1,000 Customers with NaaS Growth
Lumen Technologies has surpassed a significant milestone by crossing the 1,000-customer mark on its expanding Network-as-a-Service platform. This achievement underscores the growing demand for flexible, scalable enterprise connectivity solutions as businesses accelerate their digital transformations. NaaS, which enables organisations to streamline and scale their network infrastructure without the need for heavy investments in hardware, has become an essential offering in today's fast-evolving technology landscape. The milestone reflects the increasing shift toward software-defined networking and cloud-based solutions, driven by the need for agility in business operations. Lumen's NaaS platform offers an array of services, including secure, high-performance connectivity, cloud networking, and edge computing capabilities. It has become increasingly attractive for enterprises looking to enhance their network infrastructure while lowering operational costs and improving scalability. Lumen's success with its NaaS offering comes at a time when businesses across various sectors are accelerating their adoption of AI and data-driven operations. With AI continuing to reshape industries, including finance, healthcare, and manufacturing, companies are turning to services like NaaS to meet the demand for high-speed, secure, and adaptive connectivity. ADVERTISEMENT One of the primary reasons behind NaaS's rise is the flexibility it offers compared to traditional network models. Unlike conventional networking solutions, which often require upfront capital expenditure for hardware and lengthy setup times, NaaS allows businesses to pay for what they use, thereby optimising costs. This pay-as-you-go model appeals to organisations seeking to streamline their IT operations while remaining agile in an increasingly competitive market. Several prominent players have already embraced Lumen's NaaS platform. The company has built a strong base in sectors such as finance, telecommunications, and cloud computing, where reliable, scalable connectivity is a key business enabler. Notably, Lumen's partnership with top technology providers has strengthened its position in the competitive NaaS space, offering integrations with major cloud platforms such as AWS, Microsoft Azure, and Google Cloud. The broader trend of businesses embracing NaaS reflects a shift in IT decision-making, with more companies opting for managed services over traditional on-premises hardware. As organisations migrate more workloads to the cloud, the need for on-demand, high-performance network services becomes critical. In fact, Lumen's NaaS platform is designed to support this cloud-centric model by providing a seamless, flexible network experience across global regions. AI's increasing role in shaping network management capabilities is another factor accelerating NaaS adoption. Lumen has incorporated artificial intelligence into its platform, allowing businesses to automate network functions, optimise traffic routing, and predict and prevent potential disruptions before they occur. This combination of NaaS and AI-driven automation provides businesses with the tools needed to maintain optimal network performance without extensive manual oversight. The global shift toward hybrid and multi-cloud environments is also contributing to NaaS growth. As businesses diversify their cloud infrastructure, the demand for highly flexible network solutions that can support multiple cloud platforms has surged. Lumen's NaaS offering is built with these hybrid architectures in mind, enabling companies to link different cloud environments seamlessly while maintaining control over their network performance and security.
Yahoo
2 days ago
- Business
- Yahoo
Why Lumen (LUMN) Stock Is Up Today
What Happened? Shares of telecommunications infrastructure company Lumen Technologies (NYSE:LUMN) jumped 4.7% in the afternoon session after the company announced it has surpassed 1,000 customers on its Network-as-a-Service (NaaS) platform, a major milestone since the service's launch. The Network-as-a-Service (NaaS) platform, which launched in late 2023, allows business customers like Best Buy, Foot Locker, and Columbia Sportswear to digitally manage and scale their network connectivity on demand. This milestone follows a recent second-quarter earnings report where Lumen posted a much narrower-than-expected loss per share of $0.03, significantly beating the consensus forecast of a $0.25 loss. During the earnings call, the company had highlighted strong growth in NaaS adoption. Adding to the positive sentiment, the company's CEO recently purchased over $500,000 worth of company stock, signaling strong internal confidence. Is now the time to buy Lumen? Access our full analysis report here, it's free. What Is The Market Telling Us Lumen's shares are extremely volatile and have had 49 moves greater than 5% over the last year. In that context, today's move indicates the market considers this news meaningful but not something that would fundamentally change its perception of the business. The previous big move we wrote about was about 24 hours ago when the stock gained 4.3% on the news that a key inflation report met expectations, bolstering hopes for a Federal Reserve interest rate cut, while a separate report indicated rising optimism among small businesses. The July Consumer Price Index (CPI) report showed annual inflation holding steady at 2.7%, aligning with forecasts and increasing the probability of a Federal Reserve interest rate cut to over 94%. Lower interest rates can stimulate the economy by making it cheaper for businesses to borrow and invest. Further boosting confidence, the National Federation of Independent Business (NFIB) Small Business Optimism Index rose to a five-month high. This is a crucial indicator for the Business Services sector, as many of its companies cater to small and medium-sized enterprises. The combined positive data fueled a broad, "risk-on" sentiment, where investors favor economically sensitive sectors, leading to gains across IT services, staffing, and manufacturing. Lumen is down 24.7% since the beginning of the year, and at $4.23 per share, it is trading 58.3% below its 52-week high of $10.12 from November 2024. Investors who bought $1,000 worth of Lumen's shares 5 years ago would now be looking at an investment worth $389.40. Here at StockStory, we certainly understand the potential of thematic investing. Diverse winners from Microsoft (MSFT) to Alphabet (GOOG), Coca-Cola (KO) to Monster Beverage (MNST) could all have been identified as promising growth stories with a megatrend driving the growth. So, in that spirit, we've identified a relatively under-the-radar profitable growth stock benefiting from the rise of AI, available to you FREE via this link. 擷取數據時發生錯誤 登入存取你的投資組合 擷取數據時發生錯誤 擷取數據時發生錯誤 擷取數據時發生錯誤 擷取數據時發生錯誤
Business Wire
2 days ago
- Business
- Business Wire
Lumen Surpasses 1,000 Customers on Network-as-a-Service (NaaS) Platform
DENVER--(BUSINESS WIRE)--Lumen Technologies (NYSE: LUMN) today announced it has exceeded 1,000 customers on its Network-as-a-Service (NaaS) platform—a major milestone in the shift toward faster, smarter enterprise connectivity. As businesses embrace AI to transform operations, the demand for agile, scalable connectivity has never been greater. Lumen's NaaS platform meets this need with instant speed, control, and scalability, helping companies modernize without the complexity of legacy infrastructure. 'This is a landmark milestone to observe as we continue to focus on what enterprises need, where the world is going, and where we lead,' said Ashley Haynes-Gaspar, Executive Vice President and Chief Revenue Officer, Lumen Technologies. 'Lumen's NaaS is built for the pace of modern business: fast, secure, scalable, and easy to use. And while we celebrate every new customer, it is wonderful to call out this signpost on our journey to power the next generation of business.' Lumen NaaS is a comprehensive suite of services designed to revolutionize how businesses procure and manage networking in the digital age. By combining instant, on-demand resources with advanced networking technologies, Lumen NaaS empowers organizations to improve business agility, reduce operational overhead, and support next-gen digital experiences. Lumen equips enterprises with the flexible, high-performance connectivity they require through a portfolio of innovative services and helps enable seamless access to hyperscalers such as AWS, Microsoft, and Google Cloud, as well as third-party data centers via strategically located cloud on-ramps. Since launching at the end of 2023, Lumen NaaS has been recognized as the 2024 NaaS Service Provider of the Year throughout North America 1 and continues to expand throughout the U.S.—offering dynamic bandwidth and edge-to-core automation to help enterprises compete in an AI-driven economy. NaaS Connectivity in Minutes, Fortified for the AI Era Customers can digitally connect applications across offices, hyperscalers, and data centers using private or public connectivity within minutes via self-service, with the flexibility to scale capacity up or down based on business needs and variable demand. The suite of services includes Internet On-Demand for public connectivity, Ethernet On-Demand for layer 2 private connectivity, and IP VPN On-Demand for layer 3 private connectivity. Available security features for Internet On-Demand include DDoS Essentials for automated, multi-layered volumetric attack protection, and Lumen Defender℠, powered by Black Lotus Labs, to provide threat intelligence and proactively block malicious traffic before it reaches the network perimeter. Enterprises Winning with Lumen NaaS Enterprises across industries are using the platform to solve real-world, complex challenges like cloud migration and SaaS integration, streamline operations during mergers and acquisitions, and power high-stakes performances—from live sports broadcasts to global media events. Lumen NaaS has attracted top-tier brands including Best Buy, C3Aero, Churchill Downs ® Racetrack, Clearway Energy Group, Columbia Sportswear Company, Hanmi Bank, IVision, Foot Locker, MTN Satellite Communications, and Pac-12 Enterprises. Here's what some of them are saying: 'By partnering with Lumen, C3Aero was able to deploy internet services quickly and efficiently, allowing us to focus on our core business of providing cutting-edge technology solutions to the aviation industry.' —John Speranza, Founder and CEO, C3Aero "When you're hosting one of the greatest sporting spectacles on Earth, speed matters — and not just on the track. With Network-as-a-Service technology, we can bring high-capacity, secure connections online in minutes to power everything from media coverage to vendor support and guest Wi-Fi. It's that kind of behind-the-scenes innovation that ensures Derby Week runs smoothly and delivers unforgettable experiences to fans in the stands and around the globe." —Mike Wood, Senior IT Director, Churchill Downs ® Racetrack 'Partnering with Lumen and leveraging their NaaS experience has significantly boosted our DRaaS/BaaS capabilities. The dynamic bandwidth provisioning and effortless service initiation enable us to provide superior customer service.' —Clint St. Romain, Architect, Managed Services, IVision NaaS-Ready Network for What's Next The Lumen NaaS platform is built on top of one of the world's most expansive and deeply interconnected networks. With approximately 163,000 on-net buildings and 340,000 global fiber route miles, Lumen's scale enables low-latency, ultra-high-capacity, and AI-optimized connectivity across enterprise corridors, cloud regions, and edge locations. Lumen is continuing to invest in the network, expanding its on-net footprint with a goal to reach 47 million intercity fiber miles by the end of 2028, scaling beyond 100G, and upgrading backbone capacity across key metro and intercity routes. These investments of targeted infrastructure upgrades and strategic capital funding to support fiber builds in high-growth markets are Lumen's foundation for delivering the flexible digital infrastructure and connectivity that modern enterprises demand. Watch this short video to see how Lumen NaaS delivers instant, secure, and scalable connectivity. Learn more at Internet On-Demand | Network-as-a-Service (NaaS) | Lumen. About Lumen Technologies Lumen is unleashing the world's digital potential. We ignite business growth by connecting people, data, and applications – quickly, securely, and effortlessly. As the trusted network for AI, Lumen uses the scale of our network to help companies realize AI's full potential. From metro connectivity to long-haul data transport to our edge cloud, security, managed service, and digital platform capabilities, we meet our customers' needs today and as they build for tomorrow. For news and insights visit LinkedIn: /lumentechnologies, X: lumentechco, Facebook: /lumentechnologies, Instagram: @lumentechnologies and YouTube: /lumentechnologies. Lumen and Lumen Technologies are registered trademarks of Lumen Technologies LLC in the United States. Lumen Technologies LLC is a wholly-owned affiliate of Lumen Technologies, Inc.
Business Upturn
08-08-2025
- Business
- Business Upturn
Megaport Surpasses 1,000 Enabled Locations Worldwide
Business Wire India Megaport Limited (ASX: MP1) ('Megaport'), the global leading Network as a Service (NaaS) provider, announced today that it has launched its 1,000th Megaport-enabled location. With this milestone, Megaport now provides access from 10% of all public data centres worldwide, making it the world's leading vendor-neutral NaaS connectivity platform. This press release features multimedia. View the full release here: With over 1,000 enabled locations, Megaport now provides access from 10% of all data centres worldwide. From its start as a disruptor in the connectivity space, Megaport has now become the go-to solution for IT teams needing fast, flexible, and secure interconnection between cloud services, data centres, and enterprise sites. The Company's global reach now spans over 160 cities across 26 countries, enabling direct connections to all major cloud providers and hundreds of service providers. 'Hitting 1,000 locations is a huge moment for us, but even more so for our customers,' said Michael Reid, CEO of Megaport. 'This isn't just about being everywhere – it's about giving businesses the power to connect anything, anywhere, with more flexibility than they've ever had before.' DataBank, a long-time Megaport partner, hosted the launch of Megaport's 1,000th enabled location at its SAN1 facility at San Diego. DataBank provides market-leading edge infrastructure that perfectly complements Megaport's network fabric. 'Megaport's presence in our data centre facilities adds significant value for our customers who need low-latency, high-availability access to cloud and network services,' said Raul Martynek, CEO of DataBank. 'This milestone is a testament to the way Megaport is reshaping connectivity, and we're proud to play a major part in it.' As global demand continues to surge for secure and agile cloud connectivity, Megaport will continue to bring enterprise-grade interconnection to more locations, businesses, and clouds around the world. About Megaport Megaport is changing how businesses connect their infrastructure, with one smart and simple platform to manage every connection. Build secure, scalable, and agile networks in just a few clicks, accessing global endpoints and creating private paths in minutes. Trusted by the world's leading companies, Megaport partners with global service providers, DC operators, systems integrators, and managed services companies, and operates in 1000+ enabled locations worldwide. Megaport is ISO/IEC 27001 certified. Join the network revolution at View source version on Disclaimer: The above press release comes to you under an arrangement with Business Wire India. Business Upturn take no editorial responsibility for the same. Ahmedabad Plane Crash
Yahoo
07-08-2025
- Business
- Yahoo
Megaport Surpasses 1,000 Enabled Locations Worldwide
Megaport now provides access from 10% of all data centres worldwide, making it the world's leading Network as a Service provider. BRISBANE, Australia, August 07, 2025--(BUSINESS WIRE)--Megaport Limited (ASX: MP1) ("Megaport"), the global leading Network as a Service (NaaS) provider, announced today that it has launched its 1,000th Megaport-enabled location. With this milestone, Megaport now provides access from 10% of all public data centres worldwide, making it the world's leading vendor-neutral NaaS connectivity platform. From its start as a disruptor in the connectivity space, Megaport has now become the go-to solution for IT teams needing fast, flexible, and secure interconnection between cloud services, data centres, and enterprise sites. The Company's global reach now spans over 160 cities across 26 countries, enabling direct connections to all major cloud providers and hundreds of service providers. "Hitting 1,000 locations is a huge moment for us, but even more so for our customers," said Michael Reid, CEO of Megaport. "This isn't just about being everywhere – it's about giving businesses the power to connect anything, anywhere, with more flexibility than they've ever had before." DataBank, a long-time Megaport partner, hosted the launch of Megaport's 1,000th enabled location at its SAN1 facility at San Diego. DataBank provides market-leading edge infrastructure that perfectly complements Megaport's network fabric. "Megaport's presence in our data centre facilities adds significant value for our customers who need low-latency, high-availability access to cloud and network services," said Raul Martynek, CEO of DataBank. "This milestone is a testament to the way Megaport is reshaping connectivity, and we're proud to play a major part in it." As global demand continues to surge for secure and agile cloud connectivity, Megaport will continue to bring enterprise-grade interconnection to more locations, businesses, and clouds around the world. About Megaport Megaport is changing how businesses connect their infrastructure, with one smart and simple platform to manage every connection. Build secure, scalable, and agile networks in just a few clicks, accessing global endpoints and creating private paths in minutes. Trusted by the world's leading companies, Megaport partners with global service providers, DC operators, systems integrators, and managed services companies, and operates in 1000+ enabled locations worldwide. Megaport is ISO/IEC 27001 certified. Join the network revolution at View source version on Contacts Media Enquiries Adam Hennessy, Head of Marketing - Brand & Communications, MegaportPhone: +61 7 3088 7400media@ Sign in to access your portfolio
