Leading analyst firm identifies Riverbed as market share leader in Q4 2007
- 25 March, 2008 14:07
<p>Riverbed Technology (Nasdaq: RVBD), the technology and market leader in wide-area data services (WDS), announced today that Gartner has identified the company in its recently announced report, "Market Share: Application Acceleration Equipment, Worldwide 4Q07 and 2007"1 as the WOC (WAN optimisation controller) Advanced Platform worldwide market share leader for 4Q 2007 and CY 2007 based on revenue. According to Gartner’s market share report, Riverbed® sustained strong growth to maintain its lead with 29% share. This is the 6th quarter in a row that Riverbed has maintained the leadership position in the WOC Advanced Platform category.</p>
<p>“Acceleration is the cornerstone of our market, called “WOC Advanced Platform” by Gartner and WDS by Riverbed,” said Eric Wolford, senior vice president, marketing and business development at Riverbed. “When customers come to Riverbed, they are looking for an easy-to-install and manage WDS solution that speeds application performance and data transfer download times for their distributed employees, including remote offices and mobile workers. Our belief that speed is the core requirement is supported by our continued market share leadership in the WOC Advanced Platform product category, and our over 3500 customers worldwide.”</p>
<p>For remote offices and data centers, Riverbed offers its Steelhead® appliance product family. Steelhead appliances deliver enterprise-class WDS that scales across a range of applications and network topologies to accelerate applications by up to 100 times. For the growing mobile workforce, Riverbed introduced its Steelhead Mobile software client, which is intended to deliver LAN-like application performance to any employee, whether on the road, working from home or connected wirelessly in the office.</p>
<p>In February 2008, Riverbed extended its technology and product lead with the announcement of the 5.0 version of the Riverbed Optimisation System (RiOS™), which powers the Riverbed Steelhead product line. With RiOS 5.0, Riverbed is the first and only vendor to provide application-level protocol optimisation for Microsoft Exchange 2000, 2003 and 2007. In addition, Riverbed has extended its lead in delivering solutions to enhance IT flexibility and capabilities with new scale, simplicity and security features, including the RiOS Services Platform (RSP), an extensible data services platform that enables the delivery of virtualised edge services without the need to deploy additional physical servers at remote or branch offices. The RSP allows customers to deploy best-of-breed services from their choice of vendors on Steelhead appliances in a self-contained partition to minimise the hardware infrastructure footprint at the branch office. In a typical RSP-enabled deployment of Steelhead appliances, IT infrastructure at the remote site can often be reduced to an RSP-enabled Steelhead appliance and a router, reducing costs and minimising IT overhead.</p>
<p>“While speed is the highly-valued anchor tenant in remote offices and a core requirement for customers in the WOC Advanced Platform category, there is demand for other services such as Web-proxy, DNS/DHCP/IPAM, streaming video, unified threat management (UTM), virtual machines, and print, but it is fragmented among the array of other edge services desired. By offering an open WDS platform, like RSP, Riverbed matches the customer need for acceleration with the best-of-breed services they require.” said Wolford.</p>
<p>1 Gartner, Inc., "Market Share: Application Acceleration Equipment, Worldwide, 4Q07 and 2007" by Joe Skorupa and Nhat Pham, March 2008
Riverbed WDS solutions enable organizations of all sizes to overcome a host of severe problems, including poor application performance and insufficient bandwidth at remote sites. By speeding the performance of applications between data centers, remote offices and mobile workers by five to 50 times and in some cases up to 100 times, Riverbed’s award-winning Steelhead WDS products enable companies to consolidate IT, improve backup and replication processes to ensure data integrity, and improve staff productivity and collaboration. Steelhead products have been deployed in organizations ranging from the world’s largest corporations with offices around the globe to small companies with a couple of sites that are just miles apart. To learn more, view Riverbed’s demo: www.riverbed.com/pr/jack.
Forward Looking Statements
This press release contains forward-looking statements, including statements relating to the expected demand for Riverbed's products and services, statements about market share results that may suggest trends for our business, and statements relating to Riverbed’s ability to meet the needs of distributed organizations grow or retain market share or grow the market as a whole. 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-K filed with the SEC on February 15, 2008. 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.</p>
Riverbed Technology is the technology and market leader in wide-area data services (WDS) solutions for companies worldwide. By enabling application performance over the wide area network (WAN) that is orders of magnitude faster than what users experience today, Riverbed is changing the way people work, and enabling a distributed workforce that can collaborate as if they were local. Additional information about Riverbed (Nasdaq: RVBD) is available at www.riverbed.com.</p>
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