SOURCE: Riverbed Technology

Riverbed Technology

September 21, 2011 09:00 ET

Riverbed Selected for 2011 InformationWeek 500 List of Top Technology Innovators Across America

Strategic IT Decisions Lead to Business Enablement for Riverbed

SAN FRANCISCO, CA--(Marketwire - Sep 21, 2011) - Riverbed Technology (NASDAQ: RVBD), the IT performance company, today announced that it has been selected for this year's InformationWeek 500, an annual listing of the nation's most innovative users of business technology. Riverbed® was selected for the listing based on its innovation in streamlining operations, as well as its successful entry into two new markets -- public cloud and cloud storage. The 2011 list was revealed at a gala awards ceremony last week at the exclusive InformationWeek 500 Conference that took place at the St. Regis Monarch Beach Resort in Dana Point, CA.

"We continue to shape our IT strategy to support the need for real-time collaboration and data access for the company's globally distributed workforce," said Thomas Bakewell, chief information officer, Riverbed. "Our innovative and strategic approaches to IT have provided the company with new levels of business agility, productivity and customer service through technology solutions that support business priorities while giving us flexibility for the future. These strategic decisions should position Riverbed for continued success."

The advent of cloud computing offers new choices in how to architect IT infrastructures for the best possible combination of performance, availability, cost and control. A critical requirement is the ability to integrate public and private services with optimized connectivity to build a flexible hybrid cloud environment. To enable organizations to overcome the performance challenges in public cloud environments, Riverbed developed a comprehensive range of high-performance solutions in 2010 that enable businesses to utilize public and private cloud infrastructure with no negative impact to the end user. Cloud Steelhead™ extends Riverbed's market-leading wide area network (WAN) optimization portfolio with a solution purpose-built for public cloud computing environments. Whitewater® makes public cloud storage a compelling option for backup and archiving. Both Cloud Steelhead and Whitewater allow organizations to securely accelerate applications and backup data sets while simplifying management, spanning delivery from the public cloud, to the data center, to the branch, and to users anywhere.

During the development of Cloud Steelhead and Whitewater, the Riverbed IT organization collaborated with engineering teams to test both products. This collaboration led to the joint development of a cloud portal for customers to retrieve license keys and ensure seamless integration with public cloud environments. To augment Riverbed's own disaster recovery (DR) strategy, the Riverbed IT organization deployed Whitewater to move the company's backup data into a public cloud environment. As a result, Riverbed reduced storage requirements by 8x and has improved its recovery point and recovery time objectives to enhance the company's data protection. Separately, the company further improved its manufacturing operations, allowing the company to improve worker productivity and accelerate order fulfillment times. These initiatives build on Riverbed's goal of delivering transformed business capabilities for globally connected enterprises.

More than 13,000 organizations worldwide, across a wide range of markets, depend on Riverbed to understand, optimize and consolidate their IT infrastructure. Riverbed delivers hardware, software and virtualized solutions that overcome performance issues caused by distance, distributed computing, and ever increasing amounts of data. Virtualization, consolidation and cloud computing promise huge cost savings and improved efficiencies, but as users move farther from their data, slow applications and file transfers can stall these strategic initiatives. Riverbed delivers to the remote office and mobile workers the same "local area network (LAN)-like" performance, no matter where the private data center or public cloud may be. Riverbed continues building on its success in the WAN optimization, application-aware network performance management (NPM) and data protection markets with new and innovative solutions for accelerating cloud storage and access to applications and data deployed in public, private and hybrid clouds.

"For 23 years, the InformationWeek 500 has chronicled and honored the most innovative users of business technology," said InformationWeek Editor-in-Chief Rob Preston. "In this day and age, however, being innovative is not enough. Companies and their IT organizations need to innovate faster than ever before to stay a step or two ahead of their customers, partners and competitors. This year's ranking placed special emphasis on those high-octane business technology innovators."

InformationWeek identifies and honors the nation's most innovative users of information technology with its annual 500 listing and also tracks the technology, strategies, investments and administrative practices of America's best-known companies. Top winners have included: The Vanguard Group, CME Group, Conway, National Semiconductor, Kimberly-Clark, Hilton Hotels and Unum. The InformationWeek 500 rankings are unique among corporate rankings as it spotlights the power of innovation in information technology, rather than simply identifying the biggest IT spenders.

Additional details on the InformationWeek 500 can be found online at www.informationweek.com/iw500/.

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 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. 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 July 29, 2011. 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 delivers performance for the globally connected enterprise. With Riverbed, enterprises can successfully and intelligently implement strategic initiatives such as virtualization, consolidation, cloud computing, and disaster recovery without fear of compromising performance. By giving enterprises the platform they need to understand, optimize and consolidate their IT, Riverbed helps enterprises to build a fast, fluid and dynamic IT architecture that aligns with the business needs of the organization. Additional information about Riverbed (NASDAQ: RVBD) is available at www.riverbed.com.

Riverbed and any Riverbed product or service name or logo used herein are trademarks of Riverbed Technology, Inc. All other trademarks used herein belong to their respective owners.

About InformationWeek Business Technology Network (http://www.informationweek.com/)
The InformationWeek Business Technology Network provides IT executives with unique analysis and tools that parallel their work flow -- from defining and framing objectives through to the evaluation and recommendation of solutions. Anchored by InformationWeek, the multimedia powerhouse that looks across the enterprise, the network scales across the most critical technology categories with online properties like DarkReading.com (security), NetworkComputing.com (networking and communications) and PlugintotheCloud.com (cloud computing). The network also provides focused content for key IT targets, such as CIOs, developers, and SMBs via InformationWeek Global CIO, Dr. Dobb's and InformationWeek SMB, as well as vital vertical industries with InformationWeek Financial Services, Government, and Healthcare resources. Content is at the nucleus of our information distribution strategy -- IT professionals turn to our experts and communities to stay informed, get advice and research technologies to make strategic business decisions.

Contact Information

  • MEDIA CONTACT
    Kristalle Ward
    Riverbed Technology
    415-247-8140
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    INVESTOR RELATIONS CONTACT
    Renee Lyall
    Riverbed Technology
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