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Technology: ZNet Technologies-Lightstorm to work on NaaS market

Fiinews by Fiinews
June 29, 2023
in Technology
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Jadoun sees incredible opportunities for startups, enterprises and organizations in NaaS market

Citing an industry estimated CAGR of 24.6% for Global Network-as-a-Service (NaaS) market in 2023-29, ZNet Technologies Private Limited has formed partnership with Lightstorm to offer the latter’s newest offering Polarin – a NaaS platform designed to cater to cloud-native, forward-thinking businesses.

The partners want to address the demand with Polarin filling the gap in the Global NaaS market which, according to HTF Market Intelligence, is projected to witness a remarkable CAGR of 24.6% during 2023-2029.

The partnership is offering through Polarin a diverse range of connectivity solutions, granting unparalleled control and visibility over network design, deployment and scaling.

Polarin enables businesses to transform their business capabilities by providing them with scalable and agile cloud interconnectivity across hybrid and multi-cloud infrastructure, internet exchanges, Content Delivery Networks (CDNs) and various SaaS applications such as Microsoft 365.

The solution addresses the inadequacies of traditional network solutions as it operates on a cloud model, much like our cloud partners AWS, Oracle, GCP and Azure.

The challenge of lengthy network setup and multiple partner onboardings is eliminated, enabling faster execution and time-to-market for businesses, allowing automation through seamless API integrations for on-demand and real-time use, simplifying network management and driving operational efficiency.

Munesh Jadoun, Founder & CEO, ZNet Technologies, said on 26 June 2023, “This partnership unlocks incredible opportunities for startups, enterprises, and visionary organizations in search of seamless connectivity and future-focused networking solutions across India. Together, we will transform the way businesses connect and thrive in the digital landscape.”

As a Platinum Partner of Lightstorm, ZNet Technologies is poised to leverage its extensive partner and customer base to amplify the reach of Polarin’s groundbreaking NaaS platform. This strategic partnership aims to accelerate digital transformation in the networking space for businesses, enabling them to bid farewell to complicated provisioning processes and inflexible legacy networks that hinder growth.

Commenting on the partnership, Amajit Gupta, Group CEO & MD, Lightstorm, elaborated, “In today’s rapidly evolving digital landscape, businesses are increasingly turning to cloud computing to meet their infrastructure needs.

“We aim to leverage synergies and deliver exceptional value to businesses through enhancing their network interconnectivity, by creating a wider reach for Polarin by Lightstorm to go to the market.”

ZNet Technologies Private Limited, a subsidiary of the billion-dollar group – Rashi Peripherals Limited, was established in 2009 and provides B2B cloud technology solutions.

Lightstorm is building infrastructure for hyperscale networking across Asia Pacific and the Middle East to accelerate the region’s growth and spur innovation in the digital economy. Fiinews.com

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