Frost & Sullivan Honors Aryaka Networks for "Product Innovation of the Year" in WAN Optimization
MILPITAS, CA--(Marketwire - December 13, 2010) - Aryaka Networks (www.aryaka.com), provider of the world's first cloud-based application acceleration and WAN optimization solution, today announced that it has received the prestigious "Product Innovation of the Year" award in North America for WAN optimization, by Frost & Sullivan for 2010. As part of its award criteria, Frost & Sullivan ranked providers on five metrics -- product innovation, leading-edge technology, value-added features, customer ROI, and potential for customer acquisition and penetration -- and Aryaka outranked all competitors across these categories. Competitors for the award included leading, entrenched WAN optimization providers, which received "Good" or "Fair" ratings, in contrast to Aryaka's uniform rating of "Excellent."
Key to Aryaka's leadership in WAN optimization, as noted by Zeff Ibrahim, Frost & Sullivan Research Analyst, is a network design that allows customers to overcome the often severe ramp-up times and "exorbitant" network investment required to deploy WAN optimization.
"Aryaka's cloud-based solution for WAN optimization and application acceleration virtually eliminates the need for on-premise equipment at a company's headquarters and branch locations," said Mr. Ibrahim. "The implications are profound: the exorbitant capital investment in this historically capital-intensive technology is reduced to zero, and WAN optimization can be provisioned typically in minutes -- versus the more common phased, two-month or longer rollout. By enforcing cost containment and rapid time-to-productivity, Aryaka opens WAN optimization to the vastly underserved midmarket. It's a truly disruptive attack on the status quo."
"Aryaka set out to deliver a new model for WAN optimization and application acceleration that critics, quite literally, said could not be done," said Ajit Gupta, founder and CEO of Aryaka Networks. "We never doubted that a technology that so profoundly enables enterprises to outperform their competitors could be rearchitected to extend the benefits of that technology to midmarket organizations that, by nature, live with restrictive capital budgets and IT staffs. We are honored to accept this recognition from Frost & Sullivan."
About the New Product Innovation Award
Frost & Sullivan completed its assessment of the Innovation Award, calling the award a prestigious recognition of Aryaka Networks' accomplishments in the WAN Optimization domain. The firm went on to say that it researches, ranks and recognizes organizations that deliver excellence and best practices in their respective endeavors, hoping to inspire, influence, and impact three constituencies: investors, customers, and employees. The foundation of the awards is a decision support matrix that ranks providers on individually weighted key metrics indicating the value of a provider's offerings to user organizations.
About Frost & Sullivan
Frost & Sullivan, the Growth Partnership Company, enables clients to accelerate growth and achieve best-in-class positions in growth, innovation and leadership. The company's Growth Partnership Service provides the CEO and the CEO's Growth Team with disciplined research and best practice models to drive the generation, evaluation and implementation of powerful growth strategies. Frost & Sullivan leverages almost 50 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from 31 offices on six continents. To join our Growth Partnership, please visit http://www.frost.com.
About Aryaka Networks
Founded in November 2008, Aryaka Networks, Inc. delivers cloud-based WAN optimization and application acceleration with true business results. Headquartered in Milpitas, California, with offices in Bangalore, India, Aryaka is funded by Trinity Ventures, Mohr Davidow Ventures, Nexus Venture Partners and Stanford University. Key advantages of the Aryaka solution include a secure, scalable and reliable WAN optimization and application acceleration platform as a service, rapid deployment, ease of integration, complete visibility and a significantly lower total cost of ownership. For more information, visit www.aryaka.com.