Peribit Networks has formed a partnership with US Telecommunication as part of the company’s strategy to capitalize on the developing market in the region. Under the terms of the agreement, US Telecommunication will develop Peribit’s channel partner network, drive sales, coordinate regional training, and provide pre and after-sales support across the Middle East.
“Peribit is a leader in enhancing network performance and reducing costs by eliminating redundant data from Wide Area Networks (WANs). As IT budgets become increasingly squeezed, senior managers will need to identify cost saving initiatives. By working with Peribit, we can help them to implement solutions that will provide significant savings straight to the bottom line. In many cases the Return on Investment is measured in weeks, not months,” said Sami Bazzari, channel and business development manager, US Telecommunication.
Peribit has made significant business gains in the Middle East, as companies look to improve the performance of their networks by cutting the number of repeated data patterns on their bandwidth, freeing up space for business-critical information.
“More than 40 percent of current technology budgets are spent on network and communication costs, representing a significant proportion of IT spending. Many of the data flows are repeat messages. This redundant traffic slows down the network and the applications running across the network,” said John Rea, regional director, Peribit Networks. “The total value of this market could grow to as much as $30 million over the next three years, particularly in markets like Saudi Arabia, the United Arab Emirates and the wider Gulf region. There is also significant potential for growth in territories like Iraq — where there is strong interest in bandwidth management solutions to help provide people with greater access to online communication.”