Lumen has over 1,000 customers who avail of its NaaS platform, which enhances enterprise networking through on-demand services and best-in-class cybersecurity capability.

Lumen Technologies Inc. which is one of the most promising penny stocks under 5 dollars has reached a significant milestone with the Network-as-a-Service (NaaS) platform. The company reported 1,000-plus customers on August 13, an indication of strong interest in programmable enterprise networking solutions designed to fit the AI-driven economy.

The Lumen NaaS platform, which will be deployed in the late part of 2023, will enable businesses to access the advanced networking services they need on demand. They provide Internet On-Demand services on the public connection, Ethernet On-Demand on privacy connections over Layer 2, and IP VPN On-Demand on secure and privacy architectures over Layer 3.

Besides connectivity, Lumen combines quality security functions. It has DDoS Essentials and Lumen Defender that are driven by the Black Lotus Labs, which enable enterprises to protect against online attacks and malicious traffic. The capabilities have helped build the reputation of the platform, with Lumen now being declared the 2024 NaaS Service Provider of the Year in North America by MPLIFY.

With one of the largest networks in the world (163,000 on-net buildings and 340,000 global fiber route miles, respectively), Lumen is also setting itself to be a dominant partner in enterprise networking. Not only does this success demonstrate the scalability of the platform but also the increasing confidence in the ability of Lumen to play a major role in driving the future of digital connectivity.