Epsilon Capacity Exchange (eCX), a new bandwidth-trading platform, initially will be available to more than 400 network operators worldwide that currently are pre-connected to the Epsilon Global Network Exchange.
The service will be delivered by the eCX trading platform and portal, and facilitated by the Epsilon Global Network Exchange (eGNE). It incorporates:?
>> Standardized assets for trade;?>> A real-time inventory of assets and routes (self-administered by sellers);
>> A pricing and trading engine providing a complete market view to buyers;?
>> An automated, online procurement option;
>> A simplified and standardized set of trading processes and rules; and
>> 400 pre-connected buyers and sellers at launch.
“eCX will establish a viable real-time market and trading mechanism, allowing capacity surpluses and shortages to be addressed, thereby successfully delivering fast and efficient asset monetization for network operators,” Epsilon says.??
Adds CEO Andreas Hipp, “Today’s telecom services have to be both lean and agile. The customary methods of brokering deals can saddle operators with slack capacity while starving fast moving players hungry for extra bandwidth. A true trading system for buying and selling capacity will eliminate these inefficiencies, to everyone’s benefit.”
He continues, “We have ensured that all legal, commercial and technical prerequisites for real-time bandwidth trading are now in place: global connectivity, SLA and contract agreements, real-time inventory and trading and, of course, market independence. Against a historical background of high-profile failures, bandwidth trading is controversial for many. But we’re not going back to the 1990s; instead, we are reinventing bandwidth trading for a new era.”?