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Versa Networks is Recognized as 2018 SD-WAN Company of the Year by Quadrant Knowledge Solutions

As per the analysis, Versa Networks received the highest ratings for SBG performance and driven by the sophistication of technology platform, technology innovation, and overall product performance, the company has been recognized as 2018 SD-WAN company of the year.

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Versa Networks is Recognized as 2018 SD-WAN Company of the Year by Quadrant Knowledge Solutions

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  1. K KNOWLEDGE NOWLEDGE B BRIEF RIEF Versa Networks is Recognized as 2018 SD-WAN Company of the Year by Quadrant Knowledge Solutions K KNOWLEDGE NOWLEDGEB BRIEF RIEF BY BY

  2. Versa Networks is Recognized as 2018 SD- WAN Company of the Year by Quadrant Knowledge Solutions Quadrant Knowledge Solutions' recent study "Market Outlook: Software-Defined Wide-Area Network (SD-WAN), 2018-2023" analyses market dynamics, growth opportunities, emerging technology trends, and the vendor ecosystem of the global market. Quadrant Knowledge Solutions conducted an in-depth analysis of major SD-WAN vendors evaluating their products, market presence, and value proposition. The evaluation is based on the primary research with expert interviews, analysis of use cases, and Quadrant's internal analysis of the overall SD-WAN market. The research also provides a detailed competitive analysis of the primary SD-WAN vendors, including Cisco (Viptela), Citrix, CloudGenix, Fatpipe, Mushroom Networks, Nuage Networks, Silver Peak, Talari Networks, VeloCloud, Versa Networks, Zenlayer, and others. Key SD-WAN Market Dynamics & Trends Versa Networks is Recognized as 2018 SD-WAN Company of the Year A global increase in internet usage, widespread adoption of cloud applications and services, and the explosion of smart IoT devices has fueled enormous demand for reliable, faster, and application specific WAN connectivity. To meet the growing networking demands, enterprise WAN networks require agility, reliability, and uptime for optimum application performance. Legacy WAN architectures are often associated with high capital and operational costs in addition to complex network operations, slower IT responses, and difficulty in managing branch network and security infrastructures. SD-WAN uses software-defined networking techniques in managing and controlling multiple WAN circuits. It provides separation of network data and control planes and includes a centralized controller to distribute application, routing, and network policies. SD-WAN solutions create a network overlay in order to decouple network software-defined services from the enterprise underlying hardware systems. SD-WAN's software-centric approach helps in simplifying branch office networking, improves branch agility, optimizes application performance, and provides significant cost reduction both in CAPEX and OPEX. Quadrant's SD-WAN market outlook research identifies the following trends: Copyright 2018 © Quadrant Knowledge Solutions Private Limited For Citation, info@quadrant-solutions.com

  3. SD-WAN market is moving from early adoption to a rapid growth stage of the overall product lifecycle due to multiple successful deployments by large enterprise organizations from multiple industry verticals. These organizations are increasingly replacing their traditional hardware models for functions, such as VPN, WAN optimization, application delivery controller (ADC), and other networking hardware with advanced SD- WAN solutions. Widespread adoption of cloud services (SaaS, PaaS, IaaS) in multiple branch locations and an explosion of IoT devices have significantly increased the workload and attack surface with potential security attacks. SD-WAN is increasingly being seen as the next generation networking solution in the age of digital transformation. It successfully addresses the challenging requirements of scalability and flexibility of cloud services and IoT applications and provides network visibility and built-in security to minimize risks. Major SD-WAN value propositions now exceed its initial use case of offering hybrid WAN architecture and services. Modern SD-WAN offerings include advanced functionalities, such as centralized management, automation and orchestration, advanced analytics and application visibility, and security integration capabilities. Several vendors are also looking at providing enhanced support for full-fledged IoT infrastructure and mobility by supporting wireless technologies, 5G, and Gigabit LTE. Integration with third-party best-of-breed network security product and integrated advanced security natively in the SD-WAN service platform is becoming increasingly important to provide comprehensive security with branch connectivity. This is also becoming an important differentiator for SD-WAN technology and vendor selection process. Improved integration with other security technology enhances network performance and organization's overall network defenses. Communication service providers are increasingly partnering with SD- WAN providers to offer their own managed SD-WAN services. The service providers have also emerged as the most preferred vendor for SD-WAN implementation by enterprise customers and cover 70.3% of the overall SD-WAN market globally. • • • • Competition Landscape & Analysis of the Global SD- WAN Market Versa Networks is Recognized as 2018 SD-WAN Company of the Year The global SD-WAN market has a presence of SD-WAN specialists, networking vendors, and WAN optimization vendors. In addition, security Copyright 2018 © Quadrant Knowledge Solutions Private Limited For Citation, info@quadrant-solutions.com

  4. vendors are also looking at offering SD-WAN solutions to tap into the attractive growth opportunity. However, driven by growing technology innovation and advancements in value proposition, SD-WAN offerings and product capabilities from all these different vendors are equally attractive. As new vendors are grabbing market traction, SD-WAN specialists continue to improve their offerings with integrated routing, support for WAN optimization, and added security functions. Quadrant Knowledge Solutions has conducted a Best Practice analysis of the global SD-WAN vendors based on performance parameters of strategy, business, and growth (SBG) performance and industry impact. As per the analysis, Versa Networks received the highest ratings for SBG performance and driven by the sophistication of technology platform, technology innovation, and overall product performance, the company has been recognized as 2018 SD-WAN company of the year. "Quadrant's team believes that, with the advanced SD-WAN technology coupled with the right competitive & growth strategy, Versa Networks has the potential to cause major disruption in the marketplace." Founded in 2012 and headquartered in Santa Clara, California, USA, Versa Networks is amongst the early SD-WAN technology innovators and its cloud-native and multi-service software platform approach for SD-WAN, SD-Security, and SD-Branch solutions have been well received by several large and mid-sized enterprise customers. Versa has also partnered with several managed services providers and continues to improve its market presence in this segment. Competition Landscape & Analysis of the Global SD- WAN Market Versa Cloud IP Platform provides comprehensive SD-WAN capabilities with its solution components including Versa FlexVNF, Versa Director, and Versa Analytics. •Versa FlexVNF is a multi-service, multi-tenant software platform that enables customers to deploy a wide range of software-defined solutions, including SD-Routing, SD-Security, Secure SD-WAN and fully software-defined branch (SD-Branch). It provides both Copyright 2018 © Quadrant Knowledge Solutions Private Limited For Citation, info@quadrant-solutions.com

  5. networking and security functions in a single unified software platform along with service chaining capabilities. All virtualized network and security components are managed centrally through the Versa Director management platform. •Versa Director is a virtualization and service creation platform that simplifies the creation, automation and delivery of network and security services for the Versa Cloud IP Platform. It provides management, monitoring, and orchestration services to deliver Versa and verfied third-party network and security services for various use cases, including SD-WAN with multi-layered integrated security, routing and connectivity to direct internet access and control. •Versa Analytics is a real-time Big Data solution purpose-built for Versa Cloud IP Platform -based managed and enterprise SD-WAN, SD-Security and SD-Branch deployments. It provides contextual visibility for application, user, device and location, baselining, correlation, and predictive analytics for network, application usage, trends, network and security events. It can be integrated into third- party systems. Key Competitive Differentiation Versa Cloud IP Platform offers strong SD-WAN value propositions and delivers advanced capabilities, such as management of SD-WAN and network optimization, such as acceleration, dynamic path selection, hybrid WAN, and centralized administration, management, and orchestration of all connected endpoints, automation, network security integration, ease of deployment, and such others. In addition, some of the key technology differentiators include: • Beyond SD-WAN Capability with SD-Branch: Versa Networks has recently expanded its capability from SD-WAN to SD-Branch to deliver agile and secure software-based infrastructure for the entire branch as well as the WAN. It is now well equipped to enable large enterprises and service providers to virtualize and software-define the whole branch office and WAN with its Versa Cloud IP Platform to further reduce complexity and increase IT agility. Enhanced Security: Versa Networks SD-Security solution provides a broad set of software-based security functions, including next-generation firewalls, malware protection, URL and content filtering, IPS and anti-virus, DDoS and next-generation VPN. It helps enterprises in simplifying interoperability of security and networking, as well as operations of multiple security services • Copyright 2018 © Quadrant Knowledge Solutions Private Limited For Citation, info@quadrant-solutions.com

  6. through centralized management and policy control. It enables IT and managed operators to dynamically deploy and secure WAN and application access providing defense in-depth for branch and WAN with a unified policy and security service framework for their customers. Optimized Unified Communication Experience: The company has recently announced support for over 150 voice and video codecs and MOS (Median Opinion Score) based policies and reporting. This enable Versa Cloud IP Platform to provide optimized unified communication (on-premise or cloud/managed) experience. • Last Word SD-WAN is now a very well accepted and proven technology in transforming branch network performance. The important market drivers include SD-WAN solution benefits in providing agility, performance improvements, ease of use, lower Capex and Opex requirements, quick ROI, automation and orchestration capability, network visibility and security functions, and support for organizations digital transformation initiatives. Quadrant Knowledge Solutions recommends organizations to consider investment in an SD-WAN solution that offers comprehensive capabilities to support the organisation's initiatives in improving their network performance and advancements in future digital technologies. Users should also look for SD-WAN solutions with a history of successful large-scale deployments and carefully analyze the existing case studies of those deployments. This should form the basis for preparation in leveraging best-practices for SD-WAN deployments. While selecting vendors and technology platforms, users should evaluate different sets of vendors from pure-play SD- WAN specialists to well-established networking and WAN optimization vendors. According to the Quadrant’s Best Practice Research findings Versa Networks, with its sophisticated technology platform, technology innovation, and overall product performance, is recognized as the 2018 Company of the year. The company with its advanced SD-WAN, SD-Security and SD-Branch solution is well positioned to help enterprise companies and service providers in achieving significant business advantage by improving network agility and performance, scalability, enhanced security, and reduced overall costs. Copyright 2018 © Quadrant Knowledge Solutions Private Limited For Citation, info@quadrant-solutions.com

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