Six New Customer Wins Underscore Sandvine’s Market Leadership Position
Heavy Reading forecasts global DPI market will grow to $1.1 billion by 2016
Barcelona, Spain; February 15, 2011 – Sandvine, (TSX:SVC; AIM:SAND) a leading provider of intelligent broadband network solutions for fixed and mobile operators, today announced that it has won six new Internet service provider customers. In addition, Sandvine also announced it was named market share leader by Heavy Reading, in its semi-annual Deep Packet Inspection Market Tracker published February 7, 2011.
“Heavy Reading estimates that Sandvine was the largest player in the entire market,” stated Simon Sherrington, author of the report which analyzes the 2010 market share of standalone and pre-integrated DPI vendors. “The company aims to differentiate itself in a number of ways and emphasizes four key unique selling points: breadth of solutions, the fact it is access and vendor agnostic, reporting technology providing high visibility into network usage and trends, and scalability.” This is the second time that Sandvine’s market leadership has been recently recognized by industry analysts, preceded by the top ranking in Infonetics Research’s Service Provider DPI Products Market Outlook in December 2010.
Several market drivers cited in the report are spurring customers towards Sandvine products:
- Growth of real-time entertainment
- Protection of networks
- Need to satisfy subscriber QoE
- New services
- Potential to lower costs
- Regulatory drivers
In response to these global market drivers, six new customers have adopted Sandvine’s network policy control solutions. Three of the new customers come from North America, two customers come from Europe, and one from the APAC region. Three of the new customers offer broadband through wireless networks and three through DSL.
Sandvine’s LTE-ready Policy Traffic Switch (PTS) hardware platform enables operators to deploy network policy control solutions, which allow them to gain visibility into their networks, better understand network traffic, manage network congestion, and leverage real-time subscriber/ application/ location/device awareness information towards implementation of targeted service plans and business intelligence strategies.
Sandvine’s ongoing market leadership has recently been recognized by a wide variety of industry partnerships, including mobile systems integrator Acision, video optimization partners Mobixell, Ortiva Wireless and Vantrix, and PCRF (Policy and Charging Rules Function) partners Alcatel-Lucent, Bridgewater, Intracom Telecom, Openet, Redknee, and Tekelec.
Sandvine’s network policy control solutions focus on protecting and improving the quality of experience on the Internet. Our award-winning network policy control equipment and software helps DSL, FTTx, cable, fixed wireless and mobile operators better understand network traffic, manage network congestion, create new services and revenues, mitigate traffic that is malicious or undesirable to subscribers, deliver QoS-prioritized multimedia services and increase subscriber satisfaction. With over 200 service provider customers in more than 80 countries serving hundreds of millions of broadband and mobile data subscribers, Sandvine is enhancing the Internet experience worldwide. For more information, please visit www.sandvine.com
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Certain statements in this release constitute forward-looking statements or forward-looking information within the meaning of applicable securities laws and are made pursuant to the “safe harbor” provisions of such laws. Statements related to potential benefits of, and demand for, Sandvine’s products or services including statements with respect to the features and benefits that may be achieved through the use of Sandvine’s products or services and the relative position of these products vis-à-vis competitive offerings in the industry are forward-looking statements which are subject to certain assumptions, risks and uncertainties. These risks and uncertainties include such factors as rapid technological changes, changes in customer architecture and equipment deployment requirements, the introduction of competing technologies, the risks and uncertainties of new product introductions, dependence on key supplies and other similar factors that may cause the actual results, performance or achievements of Sandvine to differ materially from the results, performance, achievements or developments expressed or implied by such forward-looking statements. Readers are cautioned not to place undue reliance on such statements. Sandvine assumes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
Tags: Sandvine, Network Policy Control, LTE, Policy Traffic Switch, DPI, Traffic Management