Story image

Silver peaks with record annual sales

20 Aug 2013

Silver Peak has revealed a record financial year during 2013, triggered by increased demand for its virtualised software products.

Announcing record sales for new and repeat customers, the company says the figures included a large number of Riverbed Steelhead competitive wins and replacements.

“Silver Peak is at the forefront of the biggest disruption in networking, where the deployment model is shifting from hardware to more flexible and cost-effective virtualised software,” says David Hughes, CEO, Silver Peak.

“Our joint competence in WAN optimisation and virtualisation puts us in the best possible position to address the data mobility needs of customers today and in the future as they make the transition to virtualised network services.

"Silver Peak’s strong results and growing list of global competitive wins affirm Silver Peak is the go-to solution for data acceleration.”

Highlights of the fourth quarter and fiscal year, ending July 31, 2013 include:

• Virtual sales grew 241% year-over-year and virtual WAN optimisation software units sold now exceeds 50%, up from less than 5% two years ago

• Riverbed competitive wins and replacements more than doubled in the year

• Record number of virtual WAN optimisation deployments in production data centres

• Launched Software-for-Life upgrade program that offers hardware customers free, anytime upgrade to an equivalent virtual product

• Introduced WAN optimisation by-the-hour for Amazon Web Services (AWS) customers

Opinion: How SD-WAN changes the game for 5G networks
5G/SD-WAN mobile edge computing and network slicing will enable and drive innovative NFV services, according to Kelly Ahuja, CEO, Versa Networks
TYAN unveils new inference-optimised GPU platforms with NVIDIA T4 accelerators
“TYAN servers with NVIDIA T4 GPUs are designed to excel at all accelerated workloads, including machine learning, deep learning, and virtual desktops.”
AMD delivers data center grunt for Google's new game streaming platform
'By combining our gaming DNA and data center technology leadership with a long-standing commitment to open platforms, AMD provides unique technologies and expertise to enable world-class cloud gaming experiences."
Inspur announces AI edge computing server with NVIDIA GPUs
“The dynamic nature and rapid expansion of AI workloads require an adaptive and optimised set of hardware, software and services for developers to utilise as they build their own solutions."
Norwegian aluminium manufacturer hit hard by LockerGoga ransomware attack
“IT systems in most business areas are impacted and Hydro is switching to manual operations as far as possible.”
HPE launches 'right mix' hybrid cloud assessment tool
HPE has launched an ‘industry-first assessment software’ to help businesses work out the right mix of hybrid cloud for their needs.
ADLINK and Charles announce multi-access pole-mounted edge AI solution
The new solution is a compact low profile pole or wall mountable unit based on an integration of ADLINK’s latest AI Edge Server MECS-7210 and Charles’ SC102 Micro Edge Enclosure. 
How Dell EMC and NVIDIA aim to simplify the AI data centre
Businesses are realising they need AI at scale, and so enterprise IT teams are increasingly inserting themselves into their company’s AI agenda.