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Riverbed Technology (NASDAQ: RVBD), the performance company, announced today that the Riverbed® Stingray™ product family has been positioned by Gartner in the Visionary quadrant of the 2012 "Magic Quadrant for Application Delivery Controllers (ADC)" report authored by Joe Skorupa, Neil Rickard, and Bjarne Munch and published October 30, 2012. The entire report can be viewed here.
SAN FRANCISCO—November 06, 2012— According to the report, "The application delivery controller has evolved into a key component of the data center architecture, and enterprises should evaluate ADCs based on how they integrate with this architecture and support more-advanced features, such as user and traffic control and monitoring."
The continued evolution of the datacenter architecture from a physical to a virtual and cloud environment requires enterprises to deploy ADCs that are more flexible, dynamic, and application-aware than ever before. Riverbed Stingray is designed to be deployed seamlessly across all IT architectures, including physical, virtual, cloud, software-defined, and hybrid data centers. The solution's key differentiators are its flexible software and virtual form factors, the custom scripting capability that provides organizations with granular control over their applications, and advanced features such as web content optimization (WCO) and web application firewall security capabilities.
"Joyent has innovated a unique cloud infrastructure platform, built from the ground up to address the new performance, availability and security requirements of today's real-time web and mobile applications," said Jason Hoffman, Founder and CTO at Joyent. "Our strategic decision to work with Riverbed is based on the company's experience in managing application performance across several deployment scenarios coupled with the fact that they are one of the only companies offering a software ADC product."
"Riverbed has a long-term vision of optimizing application performance in any environment," said Apurva Davé, vice president of products and marketing, Stingray business unit, Riverbed. "The way users access applications and how datacenters are defined to support applications is a shifting landscape. We designed the Stingray products to provide performance, scale, security and control into the new world of private and public clouds."
About the Magic Quadrant
Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.
This press release contains forward-looking statements, including statements relating to the expected demand for Riverbed's products and services, statements regarding expected developments in data centers and the implementation of public cloud strategies and other technology frameworks, statements relating to Riverbed's ability to grow market share or grow the market as a whole, and statements relating to Riverbed's ability to meet the needs of distributed organizations. 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-Q filed with the SEC on October 25, 2012. 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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