SD-WAN Featured Article
Statistics Say SD-WAN Set to Surge
In the tech space, broadly speaking, statistics tell the tale. From the IoT and predictions of billions of devices worth trillions of dollars, to a space like SD-WAN with forecasts projecting explosive growth, industry analysts can paint a compelling picture. SD-WAN is a perfect example, because this week MetTel (News - Alert) and VeloCloud unveiled some statistics on the space, and these results are difficult to deny.
“SD-WAN is suddenly the silver bullet of communications transformation for the tap-the-app environment and the quickest way for IT, operations, finance and procurement leaders to meet their financial and performance metrics," said Ed Fox, chief information officer and vice president of network services for MetTel.
MetTel notes a 70 percent growth in demand for SD-WAN in 2017. It is currently supporting over 50,000 sites, with verticals like retail, manufacturing, transportation, waste-management and automotive suppliers taking notice of the burgeoning technology.
“The increasing demand for bandwidth and the flexibility to increase and decrease bandwidth in more real time has created the need for network services that allow increasing use of both business internet services, driving new hybrid WAN configurations and new software that enables this flexibility," explained Mike Sapien, Ovum’s (News - Alert) principal analyst of enterprise services.”
Look at a firm like CloudGenix, for instance. In the recent year, it has slain Goliath and continues its quest of expansion. Innovation serves as the startup’s differentiator. It’s not afraid to go head to head with incumbents to showcase its ION solution, and it’s paying off in spades. The firm has planted its flag in the space, and remains ahead of the curve, expected to be a major player moving forward as it continues to get ahead by building out its partner network, assembling a fleet of master agents.
It is clear digital transformation is not an overnight process, as Rome was not built in a day. This transformation takes legacy network architecture and throws it out the window, with innovation in software steering the ship. Only time will tell if the market meets the mark, but it is clear that the next generation networking solution of choice should be SD-WAN.
If you’d like to learn more about this topic, be sure to check out TMC (News - Alert) and Crossfire Media’s newest conference and expo, Communications 20/20, happening July 18-20 at Caesars Palace in Las Vegas. The event will focus on the next wave of technology and innovations that will transcend the importance of person to person contact, disrupting the future of the entire communications industry. Find out more HERE.
Edited by Alicia Young