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Versa Networks Wins Top Honors from Frost & Sullivan for its NFV-based Approach to SD-WAN - Versa’s fully software-based architecture eliminates proprietary hardware and integrates full network security - Versa-Networks.com / Frost.com
Versa Networks Wins Top Honors from Frost & Sullivan for its NFV-based Approach to SD-WAN

 

NewswireToday - /newswire/ - Mountain View, CA, United States, 2016/09/13 - Versa’s fully software-based architecture eliminates proprietary hardware and integrates full network security - Versa-Networks.com / Frost.com.

   
 
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Based on its recent analysis of the software-defined wide area networks (SD-WAN) market, Frost & Sullivan recognizes Versa Networks with the 2016 United States Frost & Sullivan Entrepreneurial Company of the Year Award. Versa’s network function virtualization (NFV)-based approach to SD-WAN is unique, as it addresses market needs in a highly flexible and cost-efficient manner. It achieves this by combining a large set of networking and security virtual network functions (VNFs) with an instantly scalable, multi-tenant platform, commodity hardware and Big Data analytics.

NFV is a software-based network architecture that leverages virtualization to replace proprietary network hardware elements such as switches, routers, and firewalls with independent software running on commodity servers and white box appliances.

“The Versa SD-WAN is differentiated because it is built on a truly software-defined, NFV-based architecture,” said Frost & Sullivan Industry Director, Roopa Honnachari. “Versa’s solution eliminates proprietary hardware, is fully multi-tenant and programmable, and includes a broad set of virtualized network and security functions to enable a secure SD-WAN deployment without multi-vendor complexity.”

The Versa SD-WAN solution consists of three components:

• Versa FlexVNF: The core of Versa VNF solutions, which is comprised a broad set of virtualized network and security functions with carrier-grade multi-tenancy, programmability, service chaining, service elasticity, and cost-effective deployment options;
• Versa Director: Single point of centralized control and management of both connectivity and services;
• Versa Analytics: A real-time analytics engine that provides control, visibility, predictability, and adaptability of networks.

Additionally, Versa’s software-defined security (SD-Security) capabilities offer customers the choice of deploying fully service-chained security:

• As an integrated software function on the branch site customer premises equipment (CPE) or off-premises in a cloud environment;
• In the network service provider’s (NSP’s) cloud PoP, CO or data center.

Importantly, the Versa solution supports full-blown routing and is both application- and network-aware, so it can be used alongside or in place of a traditional router.

“As WAN management is a complex process, it requires enterprises to have expert network managers to run and operate a global WAN. The process can be even more daunting when it involves multiple transport and access providers across the globe,” noted Ms.Honnachari. “This issue can be alleviated by NSP-managed SD-WAN services, as NSPs have the skill and technology to integrate disparate operations and management systems across various access providers.”

Versa’s SD-WAN solution improves the price-performance value of network services. Its solution has attracted leading NSPs such as CenturyLink, Orange Business, and Colt, as well as large enterprises in banking, retail, and government verticals. The company currently has more than 50 deployments spanning North America, Europe, Asia, and Central America, ranging from proof-of-concepts to field trials and production.

For its overall business performance and visionary leadership in the SD-WAN market, Versa Networks deserves the 2016 United States Frost & Sullivan Entrepreneurial Company of the Year Award.

Each year, Frost & Sullivan presents this award to the company that has demonstrated excellence in devising a strong growth strategy and robustly implementing it. The recipient has shown strength in terms of innovation in products and technologies, leadership in customer value, and speed in response to market needs. In short, the award looks at the emerging market players in the industry and recognizes their best practices that are positioned for future growth excellence.

Frost & Sullivan Best Practices awards recognize companies in a variety of regional and global markets for demonstrating outstanding achievement and superior performance in areas such as leadership, technological innovation, customer service, and strategic product development. Industry analysts compare market participants and measure performance through in-depth interviews, analysis, and extensive secondary research to identify best practices in the industry.

About Versa Networks
Founded by network industry veterans, Versa Networks (versa-networks.com) is an innovative vendor in the SD-WAN and SD-Security market. Versa solutions enable service providers and large enterprises to transform the WAN and branch networks to achieve unprecedented business advantages. Versa’s carrier-grade network function virtualization (NFV) software provides unmatched agility, cost savings and flexibility vs. traditional network hardware. The company is backed by premier venture investors Sequoia, Mayfield and Verizon Ventures.

About Frost & Sullivan
Frost & Sullivan (frost.com), the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today's market participants.

Our “Growth Partnership” supports clients by addressing these opportunities and incorporating two key elements driving visionary innovation: The Integrated Value Proposition and The Partnership Infrastructure.

The Integrated Value Proposition provides support to our clients throughout all phases of their journey to visionary innovation including: research, analysis, strategy, vision, innovation and implementation.

The Partnership Infrastructure is entirely unique as it constructs the foundation upon which visionary innovation becomes possible. This includes our 360 degree research, comprehensive industry coverage, career best practices as well as our global footprint of more than 40 offices.

For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector and the investment community. Is your organization prepared for the next profound wave of industry convergence, disruptive technologies, increasing competitive intensity, Mega Trends, breakthrough best practices, changing customer dynamics and emerging economies?

Contact Us: Start the discussion | Join Us: Join our community | Subscribe: Newsletter on "the next big thing" | Register: Gain access to visionary innovation.

 
 
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Versa Networks Wins Top Honors from Frost & Sullivan for its NFV-based Approach to SD-WAN

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Frost & Sullivan | The Versa SD-WAN
Publisher Contact: Chiara Carella - Frost.com 
+44(0)20 7343 8314 chiara.carella[.]frost.com
 
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