Leading Analyst Firm Ranks NetScout as the Top Vendor in the Worldwide Network Management Software and Appliance Market
Date: Thursday July 11, 2013
NetScout’s Revenue Grows More Than Five Times Faster Than Market to Regain Top Market Share Position
WESTFORD, Mass. – July 11, 2013 – NetScout Systems, Inc. today announced it has been ranked the market share leader in the worldwide network management software and appliance market* by IDC, a leading provider of global IT research and advice. The report examines the global market for network management software and appliances, including a ranking based on revenue of top vendors for 2012. According to the IDC report, NetScout grew more than five times faster than overall market, with 16.3 percent growth from 2011 to 2012, and outpaced the next two competitors who both lost market share during the same period. The report identified that the worldwide market for network management software and appliances amounted to $2.6 billion in 2012, representing a 3.1 percent increase over 2011 revenues.
“Although 2012 growth over 2011 was a somewhat disappointing year for the distributed network management software market, primarily a reflection of the depressed global economy, NetScout performed exceptionally well during 2012,” said Rohit Mehra, vice president, network infrastructure, IDC. “IT-enabled operational effectiveness is the watchword across all industries for all business processes, and network-based service delivery is an especially challenging case in point. With the recent introduction of nGeniusONE, IDC believes that NetScout is very well positioned to continue addressing key market trends driving the growth of this segment by providing unique service-oriented visibility into networks, applications and users as service quality and availability needs to become more transparent to more users including application owners and business executives.”
The nGeniusONE™ Unified Performance Management platform converges application and network performance management functionality into a single platform that delivers a top-down, service-focused perspective of performance characteristics of all infrastructure and application elements associated with service delivery. This allows IT organizations to effectively manage the health and availability of diverse application environments to proactively identify performance issues, more effectively triage impact, and quickly identify the root cause of problems.
“Our vision and strategy continues to be focused on providing a unified approach to application and network performance management to deliver a top-down, holistic view into end-to-end service delivery” said Steven Shalita, vice president, marketing, NetScout. “We are the only vendor that provides a single source of real-time layer four through seven analytics based on a common set of metadata to improve communication and collaboration across the different functional IT groups to enable a unified approach to managing service delivery for complex, distributed IT environment.”
*Source: IDC Worldwide Network Management Software and Appliance 2013-2017 Forecast and 2012 Vendor Shares, doc #241923, June 2013.
About NetScout Systems, Inc.
NetScout Systems, Inc. (NASDAQ: NTCT) is the market leader in Unified Service Delivery Management enabling comprehensive end-to-end network and application assurance. For 28 years, NetScout has delivered breakthrough packet-flow technology that provides trusted and comprehensive real-time network and application performance intelligence enabling unified assurance of the network, applications and users. These solutions enable IT staff to predict, preempt and resolve network and service delivery problems while facilitating the optimization and capacity planning of the network infrastructure. NetScout nGenius and Sniffer solutions are deployed at more than 20,000 of the world’s largest enterprises, government agencies, and more than 148 service providers, on over one million physical and 2,000 virtual network segments to assure the network, applications, and service delivery to their users and customers. For more information about NetScout go to http://www.netscout.com. For more information on nGeniusONE, visit www.ngeniusone.com