BROOMFIELD, Colo., July 02, 2012 /PRNewswire/ -- Level 3 Communications, Inc. (NYSE: LVLT) today announced that it is launching Level 3 Dynamic Enterprise Computing, a new data center service in Latin America. The new service is a managed hosting solution that offers customers the flexibility to define their computing needs and pay according to resource usage, while guaranteeing resource availability.
With the increasing reliance on cloud-based solutions for mission-critical applications, enterprises require not only the flexibility of traditional cloud solutions, but also the peace of mind that hosting services will perform when needed most. Traditional cloud solutions offer customers on-demand services and utility-based pricing, but they do not always guarantee resource availability or provide secure, end-to-end network performance.
"Level 3's new Dynamic Enterprise Computing service is a fundamentally ground-breaking new way to look at the provisioning of data center services," said Leonardo Barbero, Level 3's senior vice president and chief marketing officer for Latin America. "With this model, Level 3's Latin American customers have the ability to scale their resources as their business needs grow, improve efficiency by allocating resources where needed, and increase their security by leveraging hosting services from a provider dedicated to end-to-end protection. Level 3 Dynamic Enterprise Computing offers our customers a secure enterprise computing environment on a highly available platform, incorporating the flexibility and assurance of resources that enterprises have been seeking when choosing an infrastructure-as-a-service solution."
Level 3 Dynamic Enterprise Computing is designed to offer virtual computing, storage and security elements with a revolutionary framework for customers that combines the assurance of computing resource availability with a dynamic pricing model based on resource consumption. Additionally, the new service does not limit resource availability when needs exceed expectation, enabling customers to rapidly scale, or burst, on computing resource consumption to cover business needs as they arise. The new service also provides managed services for operating systems and databases.
"Latin America's fast growing economies and businesses are demanding scalable, good quality and inexpensive telecommunications services," stated Elia San Miguel, principal research analyst at Gartner. "The region continues to look promising as a hyper-growth market because colocation, hosting and managed services have a high uptake, primarily from multinationals looking to expand their market presence."
Specific to the Brazilian market, a recent Gartner study surveying enterprise IT decision-makers found that 60 percent of respondents planned to allocate some of their 2012 external IT services budget to cloud computing related services. ("Emerging Market Analysis: IT, Brazil 2012 and Beyond," 2012)
Level 3, a dedicated and multi-tenant data center provider, operates more than 350 data center facilities in North America, Europe and Latin America. These facilities can offer any of three levels of service, ranging from traditional network equipment hosting to a more holistic support for managed IT solutions. Additionally, Level 3's data centers are designed to provide scalable solutions that enable customers to expand their enterprise application resources rapidly or to enhance business continuity programs. Connectivity among sites is available via Level 3's 165,000 intercity, metro and subsea fiber route miles.
For more information on Level 3's data center offerings, visit http://www.level3.com/en/products-and-services/managed-value-add/data-center-services/data-center-facilities/.
About Level 3 Communications
Level 3 Communications, Inc. (NYSE: LVLT) provides local, national and global communications services to enterprise, government and carrier customers. Level 3's comprehensive portfolio of secure, managed solutions includes fiber and infrastructure solutions; IP-based voice and data communications; wide-area Ethernet services; video and content distribution; data center and cloud-based solutions. Level 3 serves customers in more than 450 markets in 45 countries over a global services platform anchored by owned fiber networks on three continents and connected by extensive undersea facilities. For more information, please visit www.level3.com
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Some statements made in this press release are forward-looking in nature and are based on management's current expectations or beliefs. These forward-looking statements are not a guarantee of performance and are subject to a number of uncertainties and other factors, many of which are outside Level 3's control, which could cause actual events to differ materially from those expressed or implied by the statements. Important factors that could prevent Level 3 from achieving its stated goals include, but are not limited to, the company's ability to: successfully integrate the Global Crossing acquisition or otherwise realize the anticipated benefits thereof; manage risks associated with continued uncertainty in the global economy; obtain additional financing, particularly in the event of disruptions in the financial markets; manage continued or accelerated decreases in market pricing for communications services; maintain and increase traffic on its network; develop and maintain effective business support systems; manage system and network failures or disruptions; develop new services that meet customer demands and generate acceptable margins; adapt to rapid technological changes that could adversely affect the company's competitiveness; defend intellectual property and proprietary rights; obtain capacity for its network from other providers and interconnect its network with other networks on favorable terms; attract and retain qualified management and other personnel; successfully integrate future acquisitions; effectively manage political, legal, regulatory, foreign currency and other risks it is exposed to due to its substantial international operations; mitigate its exposure to contingent liabilities; and meet all of the terms and conditions of its debt obligations. Additional information concerning these and other important factors can be found within Level 3's filings with the Securities and Exchange Commission. Statements in this press release should be evaluated in light of these important factors. Level 3 is under no obligation to, and expressly disclaims any such obligation to, update or alter its forward-looking statements, whether as a result of new information, future events, or otherwise.
SOURCE Level 3 Communications, Inc.