The company, which has operated in Ireland for 14 years, has rolled out the network in response to strong demand and as part of a wider investment programme which also saw the delivery of its first cross-channel connection in 2012.
Colt allows its 480 Irish business customers to deliver, share, process and store its corporate information through integrated network, data centre and IT services.
The new network which is routed through Manchester, represents a “very, very significant investment” according to Colt Ireland manager, Ken Sherry.
“The growth that we have had in the last 18 months has basically been to meet on-going industry demand and more specific requests from our customers for higher speed, low latency links. In 2012, we installed our first cross-channel connection, we saw significant uptake in that... and that led to a very quick decision to engage with another provider to get a second link on a diverse path through Manchester.”
Colt network services executive vice-president, Francois Eloy added that the increasing prevalence of cloud computing was partly behind the need for the new network route.
“With half of the world’s top banks in Ireland, we’re seeing an increasing demand for high bandwidth connectivity, driven by the move to cloud services and the mission critical nature of data in the digital economy,” Mr Eloy said.
The new network is part of Colt’s investment strategy of growing its existing infrastructure and creating new long distance routes to address customer demand for highly available connectivity to European business centres.
Describing the ICT sector as “not recession proof”, Mr Sherry said that despite the challenges it and a number of its customers faced in the last number of years, the company maintained positive growth throughout the downturn, albeit at a slower rate.
This year, like last, the company is also on course for “high single digit growth”, he added.