SOURCE: Riverbed Technology
|
December 18, 2009 09:00 ET
Riverbed Named Q309 Advanced Platform WAN Optimization Controller Market Share Leader by Leading Analyst Firm
Riverbed Grows Global Market Share in WAN Application Acceleration Equipment; Continues With Product Innovation for Cloud Environments
SAN FRANCISCO, CA--(Marketwire - December 18, 2009) - Riverbed Technology (NASDAQ: RVBD), the
IT infrastructure performance company for networks, applications and
storage, today announced that Gartner has identified Riverbed® in its
recent December 2009 report, "Market Share: Application Acceleration
Equipment, Worldwide 3Q09," as the WOC (WAN optimization controller)
Advanced Platform (AP) worldwide market share leader for 3Q 2009 based on
revenue. According to Gartner's market share report, Riverbed increased its
revenue share from the previous quarter by 1.8 percentage points, to 34.3%.
Enterprises leverage Riverbed WAN optimization to improve remote and mobile
employee productivity, enable private clouds, and provide enterprise-wide
network and application visibility. By speeding the performance of
applications between remote offices, private data centers and mobile
workers, in some cases by up to 100 times, Riverbed Steelhead® products
enable companies to consolidate IT, improve backup and replication
processes to ensure data integrity, and improve staff productivity and
collaboration. Nearly 7,000 customers, across a wide range of markets, have
implemented Riverbed WAN optimization solutions in their geographically
dispersed organizations.
In a separate report published in June 2009 by Gartner, Riverbed was
positioned in the leaders quadrant in the "Magic Quadrant for WAN
Optimization Controller (WOC), 2009" authored by Andy Rolfe, Joe Skorupa
and Severine Real. According to Gartner, "Leaders exhibit an ability to
shape the market by introducing additional capabilities in their product
offerings and by raising awareness of the importance of these features. We
expect a Leader to be growing the market as a whole, and to have solutions
that resonate with an increasing number of enterprises. Leaders in the WOC
market need to have a broad feature set, including QoS, generic
compression, protocol acceleration and file system acceleration, with the
majority of features proven in substantial real-world implementations. They
also need to be able to offer sales and support on a global basis." To
download the report, compliments of Riverbed, visit:
http://www.riverbed.com/lg/whitepaper-gartner-2009.php?CID=70170000000IqIo.
Riverbed: Expanding Solutions in 2010
Riverbed WAN optimization
allows organizations to overcome the performance barrier to successfully
consolidating IT infrastructure into private clouds. In 2010, Riverbed will
begin to introduce solutions that extend the benefits of acceleration to
applications and storage in the public cloud.
"Our success is a testament to our ability to align technology innovation
with customer requirements, which have expanded to include overcoming
performance barriers in different types of cloud environments -- including
private, hybrid and public," said Eric Wolford, senior
vice president of business development and marketing at Riverbed. "Our
solution is a critical component in developing a cost-effective and
efficient IT infrastructure because we enable organizations to successfully
consolidate, virtualize and accelerate data and applications anywhere in
the world -- even thousands of miles away -- without experiencing
performance problems."
Speeding Application Performance in the Cloud
Building on its success in enabling organizations large and small to build
private clouds, Riverbed recently unveiled its cloud direction, including
the upcoming virtual Steelhead for the cloud, which will extend the benefits of
Riverbed WAN optimization by accelerating the performance of applications
and data transfers across private, public and hybrid cloud
infrastructures.
Accelerating Cloud Storage
Similar to how Riverbed addressed fundamental protocol inefficiencies for
applications (used over the WAN) that resulted in order of magnitude
performance gains, Riverbed will release advanced new technology that
addresses fundamental protocol inefficiencies for block storage protocols
that again produce order of magnitude performance gains over the WAN. What
was deemed impossible before -- running any block protocol over the WAN --
will be possible with this new technology. This new innovation enables
thousands of miles of separation between storage and compute resources,
transforming the WAN into a SAN.
"We continue to grow our product leadership as we ensure high-performance
access to applications and storage. As customers embrace the adoption of
private, public and hybrid cloud models and their users move further from
their data, we are raising the bar for delivering innovative solutions to
meet their needs," said Wolford.
About the Magic Quadrant
The Magic Quadrant is copyrighted 2009 by Gartner, Inc. and is reused with
permission. The Magic Quadrant is a graphical representation of a
marketplace at and for a specific time period. It depicts Gartner's
analysis of how certain vendors measure against criteria for that
marketplace, as defined by Gartner. Gartner does not endorse any vendor,
product or service depicted in the Magic Quadrant, and does not advise
technology users to select only those vendors placed in the "Leaders"
quadrant. The Magic Quadrant is intended solely as a research tool, and is
not meant to be a specific guide to action. Gartner disclaims all
warranties, express or implied, with respect to this research, including
any warranties of merchantability or fitness for a particular purpose.
Forward Looking Statements
This press release contains forward-looking statements, including
statements relating to the expected demand for Riverbed's products and
services, statements about market share results for Q3 2009 that may
suggest trends for our business, statements of the plans, strategies and
objectives of Riverbed management regarding future products and product
plans, statements regarding the growth characteristics of, and customer
demand relating to, the WAN optimization and cloud markets, statements
regarding Riverbed's ability to grow the cloud market, statements regarding
performance results of Riverbed solutions that may suggest likely or
certain outcomes, and statements relating to Riverbed's ability to meet the
needs of distributed organizations, grow or retain market share or grow the
market as a whole. These forward-looking statements involve risks and
uncertainties, as well as assumptions that, if they do not fully
materialize or prove incorrect, could cause our results to differ
materially from those expressed or implied by such forward-looking
statements. The risks and uncertainties that could cause our results to
differ materially from those expressed or implied by such forward-looking
statements include our ability to react to trends and challenges in our
business and the markets in which we operate; our ability to anticipate
market needs or develop new or enhanced products to meet those needs; the
adoption rate of our products; our ability to establish and maintain
successful relationships with our distribution partners; our ability to
compete in our industry; fluctuations in demand, sales cycles and prices
for our products and services; shortages or price fluctuations in our
supply chain; our ability to protect our intellectual property rights;
general political, economic and market conditions and events; and other
risks and uncertainties described more fully in our documents filed with or
furnished to the Securities and Exchange Commission. More information
about these and other risks that may impact Riverbed's business are set
forth in our Form 10-Q filed with the SEC on October 30, 2009. All
forward-looking statements in this press release are based on information
available to us as of the date hereof, and we assume no obligation to
update these forward-looking statements. Any future product, feature or
related specification that may be referenced in this release are for
information purposes only and are not commitments to deliver any technology
or enhancement. Riverbed reserves the right to modify future product plans
at any time.
About Riverbed
Riverbed Technology is the IT infrastructure performance company. The
Riverbed family of wide area network (WAN) optimization solutions liberates
businesses from common IT constraints by increasing application
performance, enabling consolidation, and providing enterprise-wide network
and application visibility -- all while eliminating the need to increase
bandwidth, storage or servers. Thousands of companies with distributed
operations use Riverbed to make their IT infrastructure faster, less
expensive and more responsive. Additional information about Riverbed
(NASDAQ: RVBD) is available at www.riverbed.com.
Riverbed Technology, Riverbed, Steelhead, RiOS, Interceptor, Think Fast,
the Riverbed logo, Mazu, Profiler and Cascade are trademarks or registered
trademarks of Riverbed Technology, Inc. All other trademarks used or
mentioned herein belong to their respective owners.