The name Coriant may not be one on the lips of the general public, but this new entrant to the networking and optical data transfer market has recently been making a splash in the industry with its major technological achievements. Coriant was established from the optical networking department of Siemens, but has recently looked to develop new areas of technology for customers to enjoy; these new technological areas include the major advances made in cloud networking through its Groove developments. Not only will this new cloud data storage technology assist clients in storing larger levels of data, but will also offer major energy savings of up to 70 percent on existing cloud systems.
The release of the Groove Cloud technology coincided with the appointment of new CEO Shaygan Kheradpir, who has a long history of technological innovation for the many different companies he has worked for in a three decade long career. Kheradpir is an expert in developing new technologies after he spent a large amount of his early career working in research and development for GTE Labs and Verizon.
Shaygan Kheradpir could have spent the entirety of his career working in research and development, but instead looked to challenge himself with a move into the business side of the industries he has worked in. Kheradpir looked to develop his business skills by conducting a review of the IT department of Verizon, which resulted in lowered costs falling far below the industry average. Kheradir also developed a number of new areas of business during his time as a board member of the financial giant Barclays, which included one of the first mobile payment options alongside many other technological innovations now used throughout the banking industry.
Coriant have grown quickly over the course of their life since being spun out of the Siemens company, but has developed to employ around 3,000 employees. The company is looking to develop itself as a major competitor for the traditional optical networking companies working throughout the world, which the parent company of Marlin Equity Partners believes can be achieved under the leadership of Shaygan Kheradpir.
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