Frost & Sullivan: Network Visibility & Intelligence Awards
Award report cites NETSCOUT as being in the best position to offer solution for proper and smooth functioning of the network
WESTFORD, Mass. Jan. 21, 2015 – NetScout® Systems, Inc. (NASDAQ: NTCT), today announced Frost & Sullivan, an independent research firm with over 53 years of experience, has named NetScout as the 2015 Global Company of the Year for Network Visibility and Intelligence. The award report recognizes NetScout as the key leader with its nGeniusONE™ Performance Management platform and a wide range of products that cater to all segments related to the network visibility market. This latest honor follows Frost & Sullivan’s earlier recognition of NetScout’s Adaptive Session Intelligence™ (ASI) technology as 2010 Global Network Performance and Application Monitoring Enabling Technology of the Year. A key technology underlying the nGeniusONE platform, ASI allows both enterprises and service providers comprehensive and scalable visibility into complex IP service delivery environments.
According to Frost & Sullivan, key award decision-making criteria was NetScout’s leadership in the network visibility and network intelligence market that covers network storage, recording, network monitoring switches and security. Its own independent research found that NetScout is a market leader in the network recording market with a market share of 24.9% in 2013 and is the number one ranked vendor with a market share of 14.9% in 2013 for network performance monitoring and management solutions.
“NetScout is a clear choice for Global Company of the Year for Network Visibility and Network Intelligence with their proven technology vision, innovation and performance in both enterprise and service provider markets,” said Olga Shapiro, program manager, Measurement and Instrumentation, Frost & Sullivan. With the complexity of IP networks, virtualization and big data affecting all businesses, the insights provided by NetScout will be critical to service quality and continuity.”
For over 15 years, Frost & Sullivan Best Practices Awards have recognized companies throughout the world for superior leadership, technological innovation, customer service, and strategic product development. This award recognizes product and implementation excellence to increase market share, vision alignment, process design, and operational efficiency as well as the technological sophistication and favorable company culture. It also lauds the value, reliability and quality of the product/service and its relevance to the needs of the industry in terms of value and design. The firm’s industry analyst team benchmarks market participants and measures their performance through independent, primary interviews, and secondary industry research in order to evaluate and identify best practices.
“We are honored to be recognized by Frost & Sullivan for our industry-leading technology and financial success,” said Jim McNiel, vice president, worldwide marketing, NetScout. “NetScout brings 30 years of innovation in service assurance to enterprise and service providers that fundamentally understand the business value of investing in performance management solutions that provide network and application visibility. NetScout’s legacy of innovation continues with our patented ASI technology which allows organizations to better analyze IP network traffic and proactively avoid situations that could bring down business-critical applications and services that their customers and internal staff rely on. With ASI technology, we look to continue our market leadership and momentum as we take our expertise to new addressable markets and technology challenges like big data and virtualization.”
About NetScout Systems, Inc.
NetScout Systems, Inc. (NASDAQ:NTCT) is the market leader in application and network performance management solutions that enable enterprise and service provider organizations to assure the quality of the user experience for business and mobile services. NetScout’s technology helps these organizations proactively manage service delivery and identify emerging performance problems, helping to quickly resolve issues that cause business disruptions or negatively impact users of information technology.
NetScout is a registered trademark, and nGeniusONE and Adaptive Session Intelligence are trademarks of NetScout Systems, Inc. All other trademarks are the property of their respective owners.