We all remember WAFS (Wide Aera File Services) and WAN Optimization and Acceleration promoted by several vendors who morphed now to Software-Defined WAN (SD-WAN) the ultimate networking solutions for remote offices. It seems to be a new area of growth for network players.We had the privilege to meet and visit CloudGenix, one of the leaders of the segment, last December during the 29th edition of The IT Press Tour and we were impressed by the team, the company and the solution. It was funny to realize that Orange was in the same building just a few meters from us in an other meeting room discussing the SD-WAN opportunity.
With rapid growth and adoption of cloud, enterprises need a way to securely access remote resources, especially applications. They expect the solution to be simple, efficient, reliable, cost effective, secured of course and compatible with all kind of networks. Today enterprises distributed by nature suffer from traditional network connectivity based on MPLS with internet connection from the data center limiting the user experience with poor quality of services. Thus there is a clear divergence between WAN and Cloud and the necessity to build a new approach around a Cloud Generation SD-WAN is now a must. CloudGenix plays a key role here.
CloudGenix AppFabric is a key component of the solution coupled with ION - Instant On Networks - devices, delivering a secure VPN across all IONs.
According to IDC, the market for SD-WAN is estimated to $4.5B in 2022 with 40% CAGR between 2017 and 2022.
CloudGenix received $65M for its Series C announced during the session but since that we didn't find any info on classic investment sites. The total seems to be now $122M.
2019 will be interesting on this market segment and we even anticipate some M&A and IPOs. We'll see for CloudGenix but as a real gem, it could be a pretty good target.
0 commentaires:
Post a Comment