SOURCE: Riverbed Technology

May 12, 2008 08:00 ET

Leading Market Research Firm Names Riverbed WAN Application Delivery Marketshare Leader for 2007

SAN FRANCISCO, CA--(Marketwire - May 12, 2008) - Riverbed Technology (NASDAQ: RVBD), the technology and market leader in wide-area data services (WDS), today announced that a new report from IDC ranks Riverbed® first in worldwide market share for the WAN application delivery market for the calendar year 2007. According to the report, IDC's "Worldwide WAN Application Delivery 2007 Vendor Shares"(1), "Riverbed is on a roll. It has built a solid...solution that delivers the goods, and the product is striking the right chord with customers."

In its report, IDC states that "the future is bright for WAN application delivery solutions. They have proven their merit and are more than just a quick fix to slow applications on the WAN. Other factors, such as the changing role of the branch and easy-to-prove ROI benefits, give this market room to grow."

"As WDS deployments have moved beyond the tactical to the strategic, the ability to deliver fast application performance to all employees, regardless of location or application, is critical," said Eric Wolford, senior vice president, marketing and business development. "The solution must be easy to install and manage and must scale to meet the needs of the data center, remote offices and mobile workers. Riverbed is the only vendor to deliver solutions that meet all of these requirements."

According to IDC, "The branch is no longer viewed as a far-flung outpost but is being brought into the fold as a viable extension of the business." And Wolford notes that acceleration is the core requirement in the remote office: "Globalization and regionalization, combined with the increased pace of business, has led to an explosion of collaboration among distributed groups who, although they are hundreds or even thousands of miles apart, may be working on the same project. Enterprises are deploying WDS solutions to ensure that their teams are productive and able to respond in real-time to customer and partner demands."

While WDS is highly valued, customer demand is fragmented among the array of other edge services desired. To address the need for additional services in the branch, Riverbed has developed the Riverbed Services Platform (RSP), an extensible data services platform that enables the delivery of virtualized edge services without the need to deploy additional physical servers at remote or branch offices. The RSP allows customers to deploy best-of-breed services from their choice of vendors on Steelhead® appliances in a self-contained partition to minimize the hardware infrastructure footprint at the branch office. In a typical RSP deployment, companies can run "serverless" branch offices by simplifying IT infrastructure to include just a router and a Steelhead appliance.

Steelhead Products

Riverbed WDS solutions enable organizations of all sizes to overcome a host of severe problems, including poor application performance and insufficient bandwidth at remote sites. By speeding the performance of applications between data centers, remote offices and mobile workers by five to 50 times and in some cases up to 100 times, Riverbed's award-winning Steelhead WDS products enable companies to consolidate IT, improve backup and replication processes to ensure data integrity, and improve staff productivity and collaboration. Steelhead products have been deployed in organizations ranging from the world's largest corporations with offices around the globe to small companies with a couple of sites that are just miles apart. To learn more, view Riverbed's demo: www.riverbed.com/pr/jack.

Forward Looking Statements

This press release contains forward-looking statements, including statements relating to the expected demand for Riverbed's products and services, statements regarding the growth characteristics of, and customer demand relating to, the market for WAN application delivery solutions, and statements relating to Riverbed's ability to meet the needs of distributed organizations. 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 April 29, 2008. 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 technology and market leader in wide-area data services (WDS) solutions for companies worldwide. By enabling application performance over the wide area network (WAN) that is orders of magnitude faster than what users experience today, Riverbed is changing the way people work, and enabling a distributed workforce that can collaborate as if they were local. Additional information about Riverbed (NASDAQ: RVBD) is available at www.riverbed.com.

Riverbed Technology, Riverbed, Steelhead, RiOS, Interceptor, and the Riverbed logo are trademarks or registered trademarks of Riverbed Technology, Inc. All other trademarks used or mentioned herein belong to their respective owners.

(1) IDC, Inc., "Worldwide WAN Application Delivery 2007 Vendor Shares," Doc # 211628, April 2008

Contact Information

  • MEDIA CONTACTS
    Kristalle Ward
    Riverbed Technology
    415-247-8140
    Email Contact