Last time TMCnet sat down with Vincenzo Clemente, president and CEO, and Michael Sevret, EVP and CSO, of Cross River Fiber, the mission of the New Jersey- based telecommunications and dark fiber optic solutions provider was clear. The company’s focus includes building fiber networks and dense connectivity through its fiber infrastructure and data center services. And today, at the Telx Marketplace Live event at the Times Center in NYC, the company’s mission has not changed, it fact, it expanded.
It’s impressive what the two and their team have been able to accomplish in the past six months; most notably the interconnection of four upcoming data centers, which will be launched in the next couple of months, two of which are Telx facilities in Clifton, NJ.
When the company was established back in June 2011, the main focus was providing connectivity for the financial vertical, however, after making its mark in the industry, providing low latency services to a number of financial companies in New Jersey, Cross Fiber moved on to the healthcare market. Needless to say, Cross River Fiber has been able to provide a tremendous amount of bandwidth to help hospitals transfer critical patient sensitive information quickly and securely over the past year and continues to penetrate that area of the market.
However, in order to build upon the company’s goal of building out its fiber network throughout northern New Jersey, Clemente and Sevret thought it was time to move into a new industry: education. Come 2013, Clemente notes that education will be the new focus, an exciting venture that the company has already started exploring and looks forward to expanding in the upcoming year.
Cross River already begun working with colleges in New Jersey to help them expand their bandwidth with the help of dark fiber services, a commodity that is becoming more in demand as universities are becoming smarter and require more advanced fiber connectivity. With the help of Cross River, colleges and K-12 communities are able to scale their fiber optics instead of relying on incumbents, which allows them to gain full control of their networks as well as customize them based on their goals and needs.
As for additional expansion, Clemente and Sevret plan to continue to expand the company’s footprint in financial, healthcare, education and enterprise buildings that are in need of their services in New Jersey. Given the company’s rapid growth in a little under two years, you can expect to see even more success from the fiber provider in the year to come.
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Edited by Brooke Neuman