HKT Trust and HKT : Console Connect and Wasabi Technologies to support businesses with fast and secure cloud migration and multi-cloud provisioning

Console Connect and Wasabi Technologies to support businesses with fast and

secure cloud migration and multi-cloud provisioning

HKT (SEHK: 6823) - LONDON, 19 March 2024 - Console Connect, a leading network- as-a-service (NaaS) platform, and Wasabi Technologies, the hot cloud storage company, have agreed to collaborate to help businesses deploy fast and secure cloud migration and multi-cloud provisioning worldwide.

The collaboration brings together the enhanced network security, performance and scalability of the Console Connect platform and Wasabi's low-cost,fast and predictable cloud storage on-demandto support seamless on premise-to-cloudmigration and cloud- to-cloudmigration as well as instant multi-cloudprovisioning.

With vast amounts of data being generated by AI, machine learning, data lakes and computer vision, the networking requirements of cloud migration projects are becoming increasingly complex for businesses.

The public Internet is no longer reliable or secure enough to manage the migration of large volumes of sensitive data, while private networking can be inflexible and costly. The relationship between Wasabi and Console Connect provides a cost-effective way for businesses to manage, store and move cloud data using a private, high-performance global network.

The collaboration takes advantage of Console Connect's Layer 3 CloudRouter® multi- cloud on-demand solution, meaning businesses can connect seamlessly between Wasabi and other leading cloud and Software-as-a-Service (SaaS) platforms. It gives businesses a full plug-and-play solution for their storage and cloud-based services that allows them to easily combine the offerings of multiple cloud providers with Wasabi's on- demand storage.

Console Connect's network is integrated with three key Wasabi Storage Regions in Europe, Asia and North America, enabling businesses to use simple point and click networking provisioning to access these locations. CloudRouter® can be accessed from devices, enterprise locations and data centres worldwide, broadening Wasabi's reach to more businesses.

Console Connect operates a flexible pay-as-you-go model that allows businesses to take greater control over their cloud costs by only paying for the connectivity and storage they use. Furthermore, Wasabi's high-performancestorage is less expensive than traditional cloud providers with no fees for egress or API requests.

With lead times for migrating on-prem storage to the cloud typically being weeks or even months, Console Connect and Wasabi storage can be spun-up and available in a matter of minutes.

For businesses looking to switch from another cloud provider to Wasabi, CloudRouter® can be used to create a high-speed temporary link between both cloud providers, or it can be configured for back-up and redundancy connectivity between Wasabi and another cloud provider.

"Network performance and security are paramount to any cloud migration projects. The combination of Console Connect and Wasabi empowers businesses with more flexible cloud connectivity and storage, making it easier than ever before to manage the migration of sensitive cloud data and giving peace of mind to businesses throughout their cloud migration projects. Whether it's from devices, enterprise buildings or data centres, Console Connect is bringing businesses closer to Wasabi cloud while ensuring they bypass the pitfalls of the public Internet," said Michael Glynn, SVP, Digital Automated Innovation, Console Connect.

"Wasabi values important global partners like Console Connect who bring leading IT solutions to organisations, helping their cloud operations and driving business transformation," said Laurie Mitchell, SVP of Global Marketing, Wasabi. "Businesses can now take advantage of Wasabi's predictably priced, high-performance cloud storage easier than ever with Console Connect's fully automated switching and routing. Console Connect users taking advantage of Wasabi cloud storage benefit from no fees for egress or API requests."

Further information:

• Wasabi storage solutions are available to order via the Console Connect Marketplace, giving businesses the ability to provision and pay for both their cloud connectivity and storage via a single platform.
• Console Connect has recently introduced Edge SIM to its CloudRouter® service, giving businesses the ability to connect devices directly to one or multiple cloud platforms. Edge SIM provides greater visibility, security and control over global IoT assets and gives businesses a direct path between their connected devices and Wasabi storage.
• Wasabi is built for speed, leveraging leading hardware technology. Wasabi is faster than other public cloud object storage providers and provides a highly distributed architecture with exabyte-scale storage.

• Wasabi is built for scale, durability, security and compliance. Wasabi features 11 x 9s data durability with exabyte scale and 99.99% availability SLA with multiple data centres. Wasabi also offers strong encryption, identity and access management and multi-factor authentication. Wasabi is compliant with many industry standards like GDPR, HIPAA, FERPA and CJIS.

About Console Connect

Console Connect is a platform for Software Defined Interconnection® of applications and infrastructures. It allows users to self-provision private, high-performance connections among a global ecosystem of enterprises, networks, clouds, SaaS providers, IoT providers, and applications providers.

Console Connect is the only digital platform that is underpinned by one of the world's largest private networks and a Tier 1 global IP network that is ranked in the top 10 for IPv4 and IPv6 peering, delivering high levels of global network performance, speed, and security to meet the digital needs of today's interconnected users and communities.

Accessible from 900+ data centres in 50+ countries worldwide, the platform is integrated with all major hyperscale cloud providers, including AWS, Google Cloud, IBM Cloud, Microsoft Azure, Alibaba Cloud and more. Through the Console Connect portal or via its API, users can access a broad range of native and third-party solutions.

To learn more about Console Connect, please visit www.consoleconnect.com.

Media contact:

Nicole Lo

Group Communications, HKT

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