NEW YORK, NY--(Marketwired - Feb 2, 2017) - Communications service providers remain firmly committed to virtualizing their networks and services, but progress is slower than CSPs initially expected, according to a new report from Heavy Reading issued as part of the Virtuapedia project (www.virtuapedia.com).
"Network Virtualization: The Road Gets Longer" is based on results of a semi-annual survey of more than 40 of the world's leading CSPs and offers direct insight into CSP planning, deployment and spending on virtualization technologies. The new report is based on the most recent survey, conducted in the fourth quarter of 2016.
"Timetables for identifying all of the functions to be virtualized by 2020 continue to slip," notes Roz Roseboro, senior analyst with Heavy Reading and author of the report. "A year ago, 38% of our survey participants expected to have this done in 2016, but only 11% actually did. Furthermore, confidence in timetables for testing and deploying high-priority functions has declined dramatically over the past year. The percentage saying they are 'extremely confident' in their timetables has declined from 22% in November 2015 to only 5% in November 2016."
"Network Virtualization: The Road Gets Longer" is available free of charge to all Virtuapedia registrants. To get a free copy of this report as well as access to all other reports in the Virtuapedia Research Portal, register here:
Virtuapedia is an innovative, web-based initiative to define the scope of the business opportunity presented by virtualization; provide a realistic timeline for its deployment; and deliver a comprehensive database of the vendors, CSPs, technologies, standards, people and products that are fundamental to building the new global, virtualized communications economy. In a little over a year, Virtuapedia has been extremely well-received, totaling 12,738 members and a directory of 1,543 companies, 1,465 products and services and 1,075 glossary terms.
For more information about Virtuapedia, please visit www.virtuapedia.com
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About Light Reading
Light Reading (www.lightreading.com) helps the global communications industry make informed decisions. The LightReading.com site is the definitive source for next-generation communications analysis for more than 450,000 users each month, leading the media sector in terms of traffic, content and reputation. Light Reading also produces live events for executives charged with monetizing cable, New IP, optical, Ethernet, mobile, gigabit cities, security, virtualization, components, communications drones, next-gen analytics, Internet of Things and wireline networks.