BATM Advanced Communications Ld BATM's NFVTime now available for the public cloud
January 19 2021 - 1:00AM
RNS Non-Regulatory
TIDMBVC
BATM Advanced Communications Ld
19 January 2021
LEI: 213800FLQUB9J289RU66
19 January 2021
BATM Advanced Communications Limited
("BATM" or "the Group")
BATM's NFVTime(TM) Now Available for Public Cloud Networks
Expanded addressable market for the Group's solution for
creating virtual networks that can now be deployed in public cloud
environments
BATM (LSE: BVC; TASE: BVC), a leading provider of real-time
technologies for networking solutions and medical laboratory
systems, announces that it has enhanced its NFVTime virtual
networking solution to enable deployment via public cloud
environments, such as Amazon Web Services (AWS) and Microsoft
Azure.
Network function virtualisation ("NFV") enables network
functions to be run in software, with a single piece of equipment,
rather than requiring multiple pieces of physical hardware. The
Group's NFVTime operating system, which was developed by its
wholly-owned Telco Systems subsidiary, is licensed by
telecommunications and managed service providers (network
operators) to allow them to create these virtual networks for their
customers.
NFVTime was initially available to be run in a network
operator's datacentre. The Group has now enhanced NFVTime by
enabling its compatibility with, and receiving certification of use
for, public cloud environments, including adding further layers of
security to the platform. This expands the addressable market for
the product to customers that operate cloud-based networks - which
is typically enterprise customers or larger operators with a
multinational footprint - as well as those that lack the internal
resource to run the software in their datacentre.
Dr Zvi Marom, Chief Executive Officer of BATM, said: "This is a
significant development for our NFVTime solution as we can now
offer it to customers who use cloud networks as well as those with
datacentre-based networks. With NFV, operators benefit from lower
costs and deployment times as network functions are run in software
rather than hardware - which we are now taking a step further by
enabling this to happen in the cloud. We have continued to receive
strong interest in NFVTime, which we expect to increase with this
broadening of the addressable market at a time when the adoption of
cloud-based networking is expanding. We look forward to reporting
on our progress."
Enquiries:
BATM Advanced Communications
Dr Zvi Marom, Chief Executive Officer +972 9866 2525
Moti Nagar, Chief Financial Officer
Luther Pendragon
Harry Chathli, Claire Norbury +44 20 7618 9100
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