FREE SUBSCRIPTION Includes: The Advisor Daily eBlast + Exclusive Content + Professional Network Membership: JOIN NOW LOGIN
Skip Navigation LinksHome / News / Read News


Fortran Group Provides Network Infrastructure Lease Facility to Savtira

March 16, 2012, 07:30 AM
Filed Under: Technology

Savtira Corporation, a new provider of B2B Cloud Commerce solutions, announced the company will complete its network infrastructure expansion via a multi-million dollar equipment lease facility from strategic partner, Fortran Group International, Inc.(Fortran). Fortran is a full-service technology-leasing firm that specializes in providing capital equipment and software procurement options to Fortune 1000 corporations and other selected firms.

Savtira is a Software-as-a-Service (SaaS) Cloud Commerce solutions company poised to inject new life in to large e-tailers, traditional retailers, computer OEMs, cable operators, broadcast affiliates, publishers, content developers/distributors and other Fortune 500 companies. The goal is to get them to market faster by leveraging Savtira’s cloud-based infrastructure. Savtira is the premium cloud provider of global eCommerce, providing a carrier-grade infrastructure, security, a fully meshed network, load balancing, global edge caching, and private peering to Tier 1 carriers for its eCommerce platform for major retailers.

"Fortran has deep industry knowledge in network infrastructure. They understand the value of our Cloud Commerce solutions and our potential to capture a meaningful share of the growing $680 billion worldwide digital e-commerce market. We are pleased to work with them and look forward to completing the build-out of our Data Centers,” said Timothy Roberts, CEO of Savtira.

“Savtira’s platform allows an entrance into the digital marketplace, while offering something unique – cloud capabilities and wireless, multi-device-use enjoyment for the consumer. Savtira has developed a compelling plan and we saw an excellent opportunity in partnering with Savtira,” said Derrick Bavol, President, of Fortran Group International, Inc.

Comments From Our Members

You must be an Equipment Finance Advisor member to post comments. Login or Join Now.