MP1 0.43% $11.63 megaport limited

Bevan on CyrusOne & RedHat

  1. 51 Posts.
    lightbulb Created with Sketch. 5

    https://www.linkedin.com/feed/update/urn:li:activity:6463276010786914304


    When we started Megaport just over 5 years ago it was a simple premise. People will start buying network and connectivity the same way they were then buying compute. Virtualised, on-demand and-as-a-service. So we started paddling with the worlds first 100% SDN and API driven interconnection platform.


    Today Gary Wojtaszek from CyrusOne made the following quote during his investor presentation:


    “We are seeing more and more customers acquire access to clouds via SDN solutions like what Megaport offers, which enable customers to bypass the need to establish a point of presence in very expensive traditional network hubs. Our business with Megaport has nearly tripled over the past year, highlighting this powerful trend.”


    Wow. We have experienced 20% QoQ growth last quarter our customer roster is now almost at 1,200 worldwide, traffic is off-the-hook and this is only the beginning. It really is. Megaport Cloud Router (MCR) that was a “concept” has blown our socks off and is now rushing towards MCR 2.0 on a new (tbc).


    IBM bought Red Hat for a staggering US$34B to get serious about a Hyrid/Multicloud fortunately we are smack in the middle of this helping amazing customers get easy access to their clouds. Great team, great customers and great partners. #cloudcomputing #sdn



    --- I especially loved this part of Gary's speech - "Our business with Megaport has nearly tripled over the past year, highlighting this powerful trend.”

 
watchlist Created with Sketch. Add MP1 (ASX) to my watchlist
(20min delay)
Last
$11.63
Change
0.050(0.43%)
Mkt cap ! $1.854B
Open High Low Value Volume
$11.84 $11.99 $11.62 $9.799M 837.3K

Buyers (Bids)

No. Vol. Price($)
3 11325 $11.62
 

Sellers (Offers)

Price($) Vol. No.
$11.63 12051 3
View Market Depth
Last trade - 16.10pm 11/07/2024 (20 minute delay) ?
MP1 (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.