Colotraq to Sponsor Blood Drive
Colotraq Demonstrates Its Commitment to Social Responsibility with Its First Annual Day of Service
Colotraq Closes 1,000th Data Center Services Deal
Colotraq Launches the Telecom Industry's First Master Agency for Colocation and Managed Hosting>
COLOTRAQ's CEO Named President of New Telecom Industry Trade Association
COLOTRAQ Relocates Corporate Headquarters after Banner Year
COLOTRAQ Launches the Most Lucrative Referral Program in the Industry
It’s Official: COLOTRAQ Announces Its New Real Estate Division
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Parsippany, July 25, 2012 — Colotraq, the foremost global sourcing advisory firm and master agency for data center services, has partnered with The Blood Center of NJ to sponsor a one-day blood drive on July 26, 2012 at its headquarters at One Gatehall Drive in Parsippany, NJ. The bloodmobile will be parked in the plaza side parking lot (second entrance after Route 202) and open for volunteers from 2:00 to 6:00 p.m.
Blood donation saves the lives of accident victims, surgery patients, cancer patients and many others in need. Donating blood is safe, easy and takes about an hour. Blood donors must weigh 110 pounds or more, be in overall good health and be 17 years old or older. There is no upper age limit for blood donations. While walk-ins can be accommodated, appointments are preferred and will keep waiting to a minimum. To make an appointment or learn more, please visit The Blood Center of NJ web site or call 866-968-2265.
As part of its commitment to being a good corporate citizen, Colotraq sponsors blood drives four times a year.
About COLOTRAQ
Since its launch in 1999, Colotraq has become the foremost global sourcing advisory firm and master agency for data center services. Colotraq can instantly match customer requirements from a single rack to thousands of square feet of data center space and related bandwidth, dark fiber, managed hosting and cloud computing services through its global network of more than 400 service providers in over 1,200 cities across 160 countries.
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March 29, 2012 — Colotraq, the foremost global sourcing advisory firm and master agency for colocation, believes in the values of corporate social responsibility. Morris County, where the firm is located, is one of New Jersey’s most affluent counties and yet, there are thousands of families living in inadequate housing because they simply cannot afford the area’s high prices. On Friday March 23rd, Colotraq teamed up with Morris Habitat for Humanity in a day of service. Colotraq closed its offices for the day and its entire staff spent the day working at a construction site of a multifamily dwelling in Summit, NJ. They worked at landscaping, masonry, tiling, painting, carpentry and other construction chores.
Project leaders emphasized that the project is not a handout, but a true hand up. For example, in addition to their mortgage, each homeowner family invests hundreds of hours of their own labor (“sweat equity”) into the building of their home and the homes of others.
The project was intended both as a team building exercise and to strengthen the company’s ties to the community. According to both the project leaders from Habitat and the Colotraq participants, the day was an unqualified success.
In the words of Colotraq staff member, Avianca Bouchedid, “We were proud to team up with Morris Habitat to provide such a needed service in our community. My bosses, colleagues and I rolled up our sleeves, and helped several low-income families have decent and affordable housing. By the end of the day, we were all dirty and exhausted, and had giant smiles on our faces.”
Colotraq Chief Operating Officer, Lou Peccoralo, added, “We believe strongly in giving back to the community and I can’t think of a better way than giving our employees the experience of working together on such a worthwhile project.”
About COLOTRAQ
Since its launch in 1999, Colotraq has become the foremost global sourcing advisory firm and master agency for data center services. Colotraq can instantly match customer requirements from a single rack to thousands of square feet of data center space and related bandwidth, dark fiber, managed hosting and cloud computing services through its global network of more than 400 service providers in over 1,200 cities across 160 countries.
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September 22, 2011 — Colotraq, the foremost global sourcing advisory firm and master agency for colocation, managed services and cloud computing, proudly announces successfully completing its one thousandth project. This milestone brings the total value of business that Colotraq has brought to the industry to more than 45 million dollars in annually recurring revenue.
For 12 years the company has been finding data center services solutions for businesses and institutions worldwide. Starting as a web-based marketplace for colocation and network services the company has transformed itself into a full service consulting company and master agency. Its client list includes SMBs, enterprise accounts, government and not-for-profit institutions. An unrivaled network of over 400 domestic and international service providers enable it to find outsourcing solutions in every significant market around the globe.
“This achievement truly validates the Colotraq business model and our mission to facilitate procuring data center services for firms and organizations large and small,” said Colotraq’s CEO, Dany Bouchedid. “And as cloud computing becomes more and more prevalent, we expect even greater demand for the type of expert consulting and procurement services that Colotraq is uniquely positioned to offer.”
About COLOTRAQ
Since its launch in 1999, Colotraq has become the foremost global sourcing advisory firm and master agency for data center services. Colotraq can instantly match customer requirements from a single rack to thousands of square feet of data center space and related bandwidth, dark fiber, managed hosting and cloud computing services through its global network of more than 400 service providers in over 1,200 cities across 160 countries.
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June 17, 2010 -- Colotraq, the first and foremost global sourcing advisory firm for data center services, announces the launch of its master agency for colocation and managed hosting. Another first for Colotraq, the new master agency empowers agents and consultants, who specialize in delivering telecom and IT solutions, to source their clients’ needs for IT infrastructure.
Joining the master agency gives an agent instant access to the services of more than 400 service providers who maintain over 3,000 colocation facilities in 1,200 markets across 160 countries. Colotraq’s partners offer a full range of outsourcing options from collocation through managed services and even the latest Cloud offerings.
“While the rest of the economy is retrenching, this is an exciting opportunity for agents to diversify their revenue stream, enhance their value proposition and maximize their share of customer wallet by moving into a part of the IT market that’s still hot,” commented Lou Pecorralo, Colotraq COO.
Agents will have three ways to work with Colotraq, which they may elect on a deal-by-deal basis. The first is the traditional agency model where the agent manages the sale exclusively. At the other extreme, is the pure referral where the agent introduces the client to Colotraq and Colotraq takes it from there. There is also an “assisted sales” option for large complex projects and multisite deals where Colotraq’s expert sourcing consultants provide technical consultation, sales cycle management and even conduct tours of facilities. Both the agency and assisted sales options take advantage of the evergreen clauses, the strongest in the industry, in the company’s contracts with its vendor partners and pay commissions for the life of the client’s relationship with the vendor.
When asked about the advantages of working through Colotraq rather than “going direct” to the vendor, Dany Bouchedid, the company’s CEO, answered, “We believe agents should focus on revenue generating activities, sales and client management rather than managing vendor relationships. We are experts in managing the total vendor relationship; including administering highly ‘agent-friendly’ contracts, managing commissions and resolving the inevitable disputes which arise from time to time. Our dedicated Commissions Management Group conducts regular audits and reconciliations to insure that our agent partners receive all the compensation they are due. We also have a revenue retention group that will remind the agent when a customer is coming up for renewal and assist in the renewal process, if asked. All this plus access to an unmatched global network of providers and sales support from the industry’s most knowledgeable sourcing specialists creates a tremendous value proposition for our agent partners. While an agent may or may not gain a point or two in commissions by going direct to a vendor, he or she has a much better chance of closing more business and successfully managing their long-term client relationships by partnering with us.”
About COLOTRAQ
COLOTRAQ helps clients source a broad array of telecom and IT services and equipment. The COLOTRAQ sourcing process begins with strategy and planning, including benchmarking, RFP management, negotiation strategy, and then ends with contract due diligence. Clients benefit from a comprehensive network of service providers (over 400) with its unparalleled footprint covering over 1,300 markets in 221 countries and territories. The company is also a registered partner for the sale of Dell, HP and IBM products. COLOTRAQ’s streamlined back office combines Web-based automation with personalized service from dedicated client support professionals to provide our clients with near real-time pricing.
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Parsippany, NJ, August 28, 2008 – COLOTRAQ CEO, Dany Bouchedid, has been elected president of the newly formed Technology Channel Association (TCA). TCA’s mission is to promote the telecom industry’s indirect sales channel, which comprises a significant and growing portion of the industry’s revenues. Seeking to represent the broad interests of all those who have a stake in the continued success of the indirect sales channel, TCA will recruit both independent sales agents and vendors for its membership.
“Among TCA’s initial goals is to improve channel efficiency and effectiveness through the industry adoption of standardized best practices. We’re also committed to training and accreditation programs for indirect sales partners.” Bouchedid fills us in.
The founding members have been meeting since March. The association filed to become a not for profit corporation in July and formally announced itself to the industry at the Fall Channel Partners Expo in August. The announcement was greeted with great enthusiasm and support from both agents and vendors. Such prominent vendor firms as AireSpring, BullsEye Telecom, Netwolves, US Signal and Global Crossing have joined TCA. PHONE+ magazine has signed on as a charter member and the association’s official media sponsor. Charter agent members are Avega, CDW, COLOTRAQ, CMP, MicroCorp, Rad-Info Inc., TBI, Top Priority Wireless, Total Business Solutions, Total Carrier Solutions and World Telecom Group.
According to Bouchedid, “If TCA is to gain traction, it needs an active membership broadly representative of all the indirect sales channel players. That’s why we are so pleased with the response to our first appeal to the industry.”
Bouchedid started his career in the financial services industry with JPMorgan Chase. After receiving an MBA for New York University's Stern School of Business, he founded COLOTRAQ in 1999 with a vision of creating the premier sourcing management consulting firm for telecom and IT services. He has been a member of the adjunct faculty at Montclair State University where he taught Strategic Management, Patterns of Entrepreneurship and E-Commerce.
For more information about TCA, please visit http://www.tcasite.org.
About COLOTRAQ
COLOTRAQ helps clients source a broad array of telecom and IT services and equipment. The COLOTRAQ sourcing process begins with strategy and planning, including benchmarking, RFP management, negotiation strategy, and then ends with contract due diligence. Clients benefit from a comprehensive network of service providers (over 400) with its unparalleled footprint covering over 1,300 markets in 221 countries and territories. The company is also a registered partner for the sale of Dell, HP and IBM products. COLOTRAQ’s streamlined back office combines Web-based automation with personalized service from dedicated client support professionals to provide our clients with near real-time pricing.
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Parsippany, NJ (PRWEB) February 12, 2008 -- On February 11 COLOTRAQ, the telecom B2B marketplace pioneer, will relocate its corporate headquarters to custom build-to-suit, Class A office space in Parsippany, NJ. Moving to the new facility marks a significant milestone in the company's rapid growth and development over the past nine years. Record revenues and net income in 2007 have required rapid staff expansion. Driving the move to the new facilities, which is three times larger than their current location, is the need to accommodate the increased staff.
According to Dany Bouchedid, founder & CEO, "COLOTRAQ has experienced increased demand for its services despite growing concerns of an economic slowdown. We are in a unique position since many of our clients come to us in order to cut their total telecom and IT spending in the first place. And at the end of the day, our neutral, customer-centric approach allows us to help our clients source solutions that provide them with often dramatic cost savings and a more robust set of services."
The company's official mailing address has changed to COLOTRAQ, One Gatehall Drive, Suite 208, Parsippany, NJ 07054. The company's phone and fax numbers remain the same at 973-575-7997 and 973-575-6963, respectively.
About COLOTRAQ
COLOTRAQ helps clients source a broad array of telecom and IT services and equipment. The COLOTRAQ sourcing process begins with strategy and planning, including benchmarking, RFP management, negotiation strategy, and then ends with contract due diligence. Clients benefit from a comprehensive network of service providers (over 400) with its unparalleled footprint covering over 1,300 markets in over 200 countries and territories. The company is also authorized to sell Dell, HP, IBM and Cisco products. COLOTRAQ’s streamlined back office combines Web-based automation with personalized service from dedicated client support professionals to provide our clients with near real-time pricing.
COLOTRAQ's Real Estate Division offers professional real estate brokerage services real estate to enterprise clients, including: facilities qualification and acquisition services of data centers, switching and routing facilities, and point of presence (POP) sites; comprehensive premarket analysis leading to optimal site selection; expert lease negotiation; and asset valuation and disposition.
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Pine Brook, NJ (PRWEB) April 26, 2007 -- Under COLOTRAQ's newly launched referral program, COLOTRAQ will pay a percentage of monthly recurring fees for two years for any business closed from referrals to its telecom marketplace. There are no quotas or commitments and the program is non-exclusive.
But it is the depth and breadth of the COLOTRAQ telecom marketplace that make the program truly unique. Connectivity, colocation, managed services or equipment, COLOTRAQ's footprint is worldwide. No matter how specialized, technical and specific or complex and diverse, virtually any client, with any telecom need, can be referred without further qualification. Moreover, the referring partner stands to benefit from all the cross-sell business generated when the deal closes.
Because our marketplace is so comprehensive and our customer service and follow-up is so effective, our referral program is able to combine the highest commissions with the greatest number of closed deals. That means the best return for the referring partner. It's not often that such little effort pays off in such great rewards. It's practically a free lunch. Within one business day of receiving the referral, a COLOTRAQ Client Support Specialist contacts the client to discuss his needs and provide free consultation, if required. Within two business days, the client receives quotes and proposals from several service providers who offer solutions that meet his requirements. Since the client has a choice of providers competing for his business, referring a lead to COLOTRAQ is much more likely to result in a closed, commission-generating deal than if the referring partner had sent the lead directly to only one provider.
According to Dany Bouchedid, COLOTRAQ CEO, "Because our marketplace is so comprehensive and our customer service and follow-up is so effective, our referral program is able to combine the highest commissions with the greatest number of closed deals. That means the best return for the referring partner. It's not often that such little effort pays off in such great rewards. It's practically a free lunch."
About COLOTRAQ
COLOTRAQ helps clients source a broad array of telecom and IT services and equipment. The COLOTRAQ sourcing process begins with strategy and planning, including benchmarking, RFP management, negotiation strategy, and then ends with contract due diligence. Clients benefit from a comprehensive network of service providers (over 400) with its unparalleled footprint covering over 1,300 markets in over 200 countries and territories. The company is also authorized to sell Dell, HP, IBM and Cisco products. COLOTRAQ’s streamlined back office combines Web-based automation with personalized service from dedicated client support professionals to provide our clients with near real-time pricing.
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Enterprise clients needing real estate brokerage services benefit from unique combination of telecom infrastructure technical experience and market savvy.
Pine Brook, NJ (PRWEB) June 8, 2006 -- COLOTRAQ, the telecom B2B marketplace for procuring colocation, dedicated hosting, bandwidth, dark fiber, business continuity, and managed services, now offers comprehensive licensed real estate brokerage services, including:
Facilities qualification and acquisition services of data centers, switching and routing facilities, and point of presence (POP) sites.
Comprehensive pre-market analysis leading to optimal site selection.
Expert lease negotiation.
Asset valuation and disposition.
COLOTRAQ can now assist enterprise clients evaluate and implement every possible data center strategy ranging from managed hosting to complete business process outsourcing and colocation and internal data center operations. By leveraging proprietary intelligence on market-specific demand and industry trends, COLOTRAQ can also assist service providers develop successful strategies to market whether their goal is expanding capacity or entering into new markets. COLOTRAQ can now market and broker data center space throughout the continental US and parts of Europe, Asia, Middle East and Latin America. According to COLOTRAQ founder and CEO, Dany Bouchedid,
“The advantage for our clients is far more than just convenience. Not only do we have access to the same resources as the largest global real estate firms, but we also maintain the largest database on available data center space around the world. This could only be achieved by being the only B2B marketplace of our kind for the last six years. COLOTRAQ’s unparalleled expertise in Internet infrastructure and high availability environments provides our clients with added confidence when making capital intensive decisions involving data center strategy.”
Some of the new services offered will include:
- Site selection
- Search & identify
- Qualification analysis
- Site inspection
- Environmental assessment
- Structural assessment
- Facility procurement
- Due diligence
- Leasing negotiation
- Rights negotiations (roof rights, ROWs, etc.)
- Legal review
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