CoreSite’s Open Cloud Exchange Is Nearly Impossible to Replicate. Why Even Try?
As many DIY enthusiasts may know, seemingly straightforward projects very often turn out to be much more complicated than first thought. After much frustration, cost and complications, it finally makes sense to call a plumber, roofer, electrician, or another first-rate professional who has the experience, tools and track record to get the job done right.
Network service providers seek to offer their customers reliable, low-latency services – including interconnection services with major cloud providers – while minimizing their own management burden. A DIY approach to developing a platform that provides these features can prove to be a highly complex and costly endeavor.
Nonetheless, there are network service providers that continue to employ an in-house development approach for building out Connectivity as a Service (CaaS) capabilities for their customers. From an ROI and time-to-market perspective, the DIY strategy tends not to be the most feasible path to a successful outcome, especially in today’s complex and shifting hybrid IT, multicloud landscape.
Consider the following:
- 75% of all U.S. IT projects are considered to be failures by those responsible for initiating them.1
- Large IT projects run 45% over budget and 7% over time while delivering 56% less value than predicted.2
The CoreSite Open Cloud Exchange® Simplifies Interconnection Across Ever-Expanding Digital Ecosystems
CoreSite decided over a decade ago to create a unique interconnection platform – the Open Cloud Exchange® (OCX) – that enables deploying and orchestrating high-performance hybrid IT architectures faster, more securely and at a lower total cost of ownership than alternative solutions.
The OCX empowers customers, such as network service providers, to optimize operations and elevate their users’ experiences by delivering micro-second latency, dynamic and elastic scalability as needed and rapid access to data.
The OCX is a software-defined interconnection platform designed specifically to solve current and future digital business challenges by virtualizing a variety of network functions. Since launching the OCX in 2013, we’ve devoted thousands of hours and millions of dollars to enhance its network services functions. Today, the OCX enables you to provision enterprise-class connectivity to an ecosystem of cloud and IT service providers as well as CoreSite’s data centers. With the OCX, you manage connectivity through a single pane of glass, leveraging the MyCoreSite customer service delivery platform.
In the absence of this unique, high-performance, scalable, ultra-secure and cost-lowering platform, network service providers need to consider whether they:
- Have sufficient internal staffing resources available to provision and manage numerous network and cloud connections
- Possess the in-house systems or tools needed to enable internal resources to effectively manage, monitor and maintain these connections
- Will have to engage multiple third-party service vendors to help them (at an additional cost, and on an ongoing basis) build out and manage their network infrastructures
- Have the significant up-front capital and ongoing operating budget to adopt such an approach, and be able to develop products that can exceed the cost of capital from an ROI standpoint
- Are confident that even with third-party IT assistance, they will be able to develop and manage their IT infrastructures, within budget and on time
There are undoubtedly more challenges, but the above list illustrates the potentially significant headaches associated with in-house platform development.
These activities divert invaluable, finite capital and operating resources from core business activities. Our core business? Enabling our network service provider, enterprise and IT service provider customers to simplify managing complex IT infrastructure resources and operations.
The MyCoreSite customer service delivery platform gives you real-time visibility into your ever-expanding digital ecosystem, plus dynamic service provisioning and administration of data center interconnections across your hybrid IT environment.
Through MyCoreSite, you can leverage the OCX’s enterprise class services to:
- Establish direct, secure and virtual connections to public clouds including AWS, Google Cloud, Microsoft Azure, Oracle, Alibaba and IBM Cloud
- Dynamically configure port and EVC bandwidth requirements from 50 Mbps to 100 Gbps
- Access the CoreSite customer ecosystem to quickly identify and connect to network operators, cloud providers, partners and value-added services
- Gain visibility into your data center deployment including: power temperature and humidity readings; near real-time visibility into power utilization and environmental conditions; and much more
You’ve Got Enough to Do. Don’t Make Your Job Any Harder.
It’s hard enough to compete and thrive in today’s ultra-competitive marketplace. Why make your job any harder when it’s not necessary?
We’ve done all the heavy lifting, so why would you even consider trying to create a replica in-house? Why expose your organization to the risks? Why divert extensive budget and staff resources over multiple years from activities directly focused on growing your core, revenue-generating business?
CoreSite can help accelerate digital transformation, reduce data center and other hybrid IT costs, elevate business agility and reduce time-to-market for new products and services. Plus, you can expand your market reach by availing yourself of CoreSite’s unique and powerful interconnection solutions and capabilities, all without spending millions of dollars and adding to your already long list of management responsibilities.
Take a look at our new OCX explainer video and, when you are ready, get in touch to schedule a one-on-one demo with a CoreSite Solutions Architect.