Top 20 Networking Companies - 2017
According to MarketsandMarkets, the global Software Defined Networking (SDN) market size that was valued at $2.46 Billion in 2016 is expected to reach $54.41 Billion by 2022, at a Compound Annual Growth Rate (CAGR) of 71.4 percent. Network Virtualization (NV) has significantly revolutionized the legacy network landscape by transitioning SDN from niche to mainstream. Latency in enterprise networking due to inflexible and high cost-incurring Multiprotocol Label Switching (MPLS) is being radically reduced by implementing a cloud-hosted network system.
With ubiquitous cloud applications gaining ground in today’s enterprises, there is a distinct need for enterprises to operate at cloud speed. The advent of pervasive computing trends—cloud, Software as a Service (SaaS), big data, and IoT—is driving the need for high-performance and low-latency enterprise network resources. With network virtualisation and cloud networking, enterprises are slashing substantial amount of operational expenditure, accelerating enterprise network agility, improving flexibility, and also fostering innovation all the while complying with network-supervision policies and providing IT team complete visibility and control. On top of that, implementation of artificial intelligence-based techniques and neural networks are enhancing network security and integrating intelligent networking applications in the SDN domain.
In our selection process, we looked at the vendors’ capability to provide networking solutions to streamline operations in a faster, less resource consuming manner while keeping costs under control. Our distinguished panel comprising of CEOs, CIOs, VCs, analysts and CIOReview editorial board has selected the 20 Most Promising Networking Solution Providers of 2017 with the ability to develop and offer best-of-breed techniques and solutions to add value to the Networking ecosystem.
We present to you CIOReview’s 20 Most Promising Networking Solution Providers - 2017.