Leading Analysts Affirm Silver Peak is Fastest Growing Virtual WAN Optimization Vendor Silver Peak Gaining Market Share based on Increased Demand for More Flexible and Cost-Effective Data Acceleration Software in Data Centers, Branch Offices and the Cloud Business Wire SANTA CLARA, Calif. -- May 01, 2013 Silver Peak Systems, the leader in accelerating data over distance, today announced that recently published market share reports from top industry analyst firms highlight that virtual wide area network (WAN) optimization is the fastest growing segment of the WAN optimization market, and that Silver Peak is the fastest growing virtual WAN optimization company. Silver Peak is a leader in virtual WAN optimization with the highest performance and most cost-effective products that customers can instantly evaluate with free trial versions downloadable directly from the Silver Peak marketplace. The company is also a pioneer in the broader data acceleration market, which includes deploying virtual WAN optimizers for remote replication acceleration and point-and-click workload acceleration leveraging the latest advancements in software-defined networking (SDN). “On an annual basis, revenue from virtual WAN optimization more than doubled in 2012 to reach $172.7 million. What's more, virtual WAN optimization represented more than 6 percent of the overall WAN-optimization market in 2012. The virtual segment continues to grow robustly, too, accounting for more than eight percent of market revenue in Q4 2012^1,” said Brad Casemore, research director of datacenter networks for IDC, which breaks out virtual product from hardware. “With virtual products now accounting for more than 40% of its total sales, Silver Peak is among the vendors benefiting from the increased demand for software-based WAN optimization.” According to Dell’Oro Group’s Q4 2012 Data Center Appliance Report, “We believe virtual WANOP appliances will continue to realize growth in 2013 and reach $123 M; more than doubling their 2012 revenue.” The same report projects that in 2013, the market for virtual WAN optimization will grow by 100%, while the overall market is only expected to grow by 6%. “Much like buying a new car that loses its value as soon as you drive it off the lot, enterprise customers no longer want to purchase and deploy hardware WAN optimization controllers (WOCs) for fear they will be forced to rip-and-replace that gear in three years,” said Jim Metzler, founder and vice president of Ashton, Metzler & Associates. “The majority of IT organizations today have virtualized at least some of their data center and branch servers and these VMs can now be used to host one or more virtual WOCs. Silver Peak is demonstrating great success with this model.” Silver Peak provides the industry’s fastest software WAN accelerators that allow customers to move more data, over longer distances, and in a shorter amount of time. The Silver Peak products deliver more than a gigabit-per-second of optimized throughput, making Silver Peak 10-times faster than the nearest competition — Riverbed Virtual Steelhead. Anyone can download Silver Peak software for a free, fully-functional 30-day trial with full support. Silver Peak is also the only company to deliver multi-gigabit performance on all standard hypervisors, including VMware vSphere, Citrix XenServer, Microsoft Hyper-V, and KVM. “Virtual WAN optimization is undeniably the fastest growing and most important segment of the WAN optimization market, and anyone not tracking it is missing the boat,” said Rick Tinsley, CEO for Silver Peak. “Our commitment to providing our customers with the fastest, easiest and most cost-effective WAN optimization software has resulted in Silver Peak gaining market share from competing WAN optimization vendors that insist on refreshing their customers’ hardware every three years.” Additional Resources *Read the WAN Speak blog *Follow @SilverPeak on Twitter *Watch Silver Peak videos on YouTube *Connect with Silver Peak on LinkedIn About Silver Peak Systems Silver Peak software accelerates data between data centers, branch offices and the cloud. The company’s software-defined acceleration solves network quality, capacity and distance challenges to provide fast and reliable access to data anywhere in the world. Leveraging its leadership in data center class wide area network (WAN) optimization, Silver Peak is a key enabler for strategic IT projects like virtualization, disaster recovery and cloud computing. Download Silver Peak software today at marketplace.silver-peak.com. Note: Silver Peak Systems and the Silver Peak logo are trademarks of Silver Peak Systems, Inc. All other trademarks, service marks, registered trademarks, or registered service marks are the property of their respective owners. ^1 IDC Worldwide Datacenter Networks Qview, 2012 Q4 Release (March 2013). Contact: Silver Peak Systems, Inc. Tony Thompson, +1-408-935-1846 (Media) firstname.lastname@example.org
Leading Analysts Affirm Silver Peak is Fastest Growing Virtual WAN Optimization Vendor
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