Comments
Nuage Networks, which offers automated managed services solutions, plans to partner with more network service providers in India to expand its portfolio.
Based in the US, the company, a Nokia venture launched six years ago, has been operational for the past three years. It offers Software-Designed Wide Area Network (SD-WAN) solutions that connect enterprise networks across locations.
SD-WAN Vs VPN
Currently, companies use Virtual Private Network (VPN) services to connect their network. Though considered cost-effective, VPN offers little flexibility unlike SD-WAN that can operate over any internet platform and is flexible. It is also less expensive and agile compared to VPN. Many organisations are looking at SD-WAN in their digital transformation journey.
Sunil Khandekar, Founder and Chief Executive Office, Nuage Networks from Nokia, said, “This offers huge potential for growth. It might not be restricted to IT companies. Any organisation that has multiple locations would need SD-WAN to connect its network,” he told BusinessLine on the sidelines of Nokia ION event here on Thursday.
Growth prospects
According to some estimates, the market for SD-WAN is expected to touch $9,691 million by 2023. The Asia-Pacific market is expected to grow the fastest with a CAGR of 57 per cent. This will be driven by the rise in cloud computing and the attractiveness of SD-WAN as a cost-effective solution.
Comments
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.