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Riverbed Technology (NASDAQ: RVBD), the leader in application performance infrastructure, today announced the Riverbed® Stingray® product family has been positioned as a "Champion" in Info-Tech Research Group's 2014 Vendor Landscape: Application Delivery Controllers (ADC). Riverbed earned the Champion recognition for delivering excellent value to customers, having a strong market presence and being an industry trendsetter. Riverbed was also recognized as a Champion in the Application Delivery Controller market by Info-Tech Research Group in 2013.
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"In an era where the number of applications is expanding rapidly, and the way in which end users consume and use these applications is evolving, the static nature of traditional ADC architectures hasn't evolved to meet today's complex IT environments," said Jeff Pancottine, senior vice president and general manager of the Stingray Product Family at Riverbed. "At Riverbed, we have revolutionized the ADC market by allowing customers to dynamically deploy an ADC per application. This completely changes the game for app delivery by automating the deployment, licensing and metering of application delivery services to make the concept of ADC-as-a-Service a reality."
According to Info-Tech Research Group, as the ADC market evolves, capabilities that were once cutting-edge are now the default and new functionality has become the differentiator. For example, global server load balancing has become a table-stakes capability and is no longer a solution differentiator. Instead IT decision makers should focus on ADC's that offer appliance clustering for scale and availability and multi-tenancy for application isolation to get the best fit for their ADC-as-a-Service requirements and to avoid an awkward, disjointed solution.
Stingray is a family of application delivery products that provides visibility and control of traffic to and from applications, enabling fast, reliable and secure application delivery to users anywhere from the cloud or datacenter. It is a complete software-based Layer 7 ADC with integrated web content optimization and application firewall that enables companies to deliver optimized and secure application delivery services where and when they are needed in an elastic manner. Riverbed's unique approach automates the deployment, licensing and metering of application delivery services, making possible an "ADC per application" delivery model in which costs for ADC-as-a-Service can be allocated to each client application. This unique approach reduces costs and time to production while enabling rapid change and scale for data center applications.
Stingray is part of the Riverbed Application Performance Platform™ (Riverbed APP™), a set of integrated solutions that give companies the flexibility to host applications and data in the locations that best serve the business while ensuring the flawless delivery of those apps to better leverage global resources, radically reduce the cost of running their business and maximize employee productivity.
This press release contains forward-looking statements, including statements relating to the reduce cost and time to production. 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 for the period ended December 31, 2012, and our subsequent quarterly reports filed with the SEC. 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.
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Riverbed®, The Digital Performance Company™, enables organizations to maximize digital performance across every aspect of their business, allowing customers to rethink possible. Riverbed’s unified and integrated Digital Performance Platform™ brings together a powerful combination of Digital Experience, Cloud Networking and Cloud Edge solutions that provides a modern IT architecture for the digital enterprise, delivering new levels of operational agility and dramatically accelerating business performance and outcomes. At more than $1 billion in annual revenue, Riverbed’s 30,000+ customers include 98% of the Fortune 100 and 100% of the Forbes Global 100. Learn more at riverbed.com.
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