Leading Analysts Affirm Silver Peak is Fastest Growing Virtual WAN
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
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.”
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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).
Silver Peak Systems, Inc.
Tony Thompson, +1-408-935-1846 (Media)
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