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Share Name | Share Symbol | Market | Type |
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Citrix Systems Inc | NASDAQ:CTXS | NASDAQ | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
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0.00 | 0.00% | 103.90 | 103.51 | 98.71 | 0 | 01:00:00 |
NetScaler SD-WAN Helps Enterprises Says Yes to Network Revolution, Enhances Secure, Reliable Application Delivery and Lowers Networking Costs
As organizations embrace digital transformation, IT departments are increasingly modernizing and streamlining their internal networks. Software-defined wide area networking (SD-WAN) is an important technology that IT is deploying to achieve this transformation ensuring local and remote office locations have the most secure, reliable access to mission critical data and applications. SD-WAN represents a $6 billion market opportunity for networking vendors and service providers by 20201 according to IDC, as this technology drives increased flexibility, reliability, and security that enterprise applications now require, while also lowering both capital costs and simplifying operations. Citrix, a leader in the SD-WAN market, today announced enhancements to its NetScaler SD-WAN platform offering features to enhance reliable and secure application delivery combined with intelligent branch routing technology.
With NetScaler SD-WAN, Citrix offers enterprises a simple yet sophisticated solution to quickly and cost-effectively begin wide-scale deployments of SD-WAN, reduce network complexity and set up their branch to consume applications from the cloud in a seamless and more secure manner. NetScaler SD-WAN is a comprehensive software-defined WAN solution that is easy to deploy and use in a single affordable appliance with integrated visibility and control. The turnkey solution incorporates application-aware virtualized WAN connectivity, dynamic routing, separate routing domains, WAN optimization, end-to-end visibility, support for the newest Citrix HDX protocols and secure internet breakout. To simplify and reduce cost of deployments, Citrix is introducing a new level of affordability for enterprise branches through new appliance options and its new cloud-based, secure Zero Touch Deployment services. Zero Touch Deployment eliminates the need for local technical staff by automating the deployment process and offers a tool to prevent rogue devices from accessing the network – a risk present in many existing solutions in the market.
The new features of NetScaler SD-WAN 9.1 address the many challenges enterprises currently face as they modernize their corporate networks with SD-WAN, including:
(1) IDC Research - Cloud and Drive for WAN Efficiencies Power Move to SD-WAN, Page 5, March 2016 #US41101416
Quotes
Boris Kotevski, National IT Manager at Rehab Management
“Citrix delivered on its promise of a more reliable WAN and higher application quality with the NetScaler SD-WAN solution. The additional enhancements in the latest release of the NetScaler SD-WAN platform are compelling and the zero touch service with the new lower cost appliance will allow us to expand quickly as we add additional locations within our network.”
Chalan Aras, Vice President and General Manager, NetScaler SD-WAN at Citrix
“Today’s market includes solutions that are simply ‘a collection of technologies’ that require multiple appliances, complex integrations and assorted management systems. NetScaler SD-WAN is a simple, yet sophisticated solution that helps customers implement SD-WAN in a quick, cost-effective manner, reduce network complexity, and enable employees to seamlessly consume applications from the datacenter or cloud.”
Rohit Mehra, Vice President, Network Infrastructure at IDC
“SD-WAN has rapidly garnered interest from enterprises and service providers alike as we continue on our journey to the cloud and embrace SaaS applications, coupled with our insatiable desire for more bandwidth across distributed locations. Because of the associated complexity with this ongoing transition to cloud-based applications and services and related concerns around security, existing WAN architectures and deployment models are under pressure to cost-effectively adapt and deliver new capabilities and services.”
Availability
NetScaler SD-WAN 9.1 is available today. The NetScaler SD-WAN 410 appliance will be available in November 2016, and the NetScaler SD-WAN Zero Touch Deployment service will be available as a Tech Preview in November 2016.
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About Citrix
Citrix (NASDAQ:CTXS) aims to power a world where people, organizations and things are securely connected and accessible to make the extraordinary possible. Its technology makes the world’s apps and data secure and easy to access, empowering people to work anywhere and at any time. Citrix provides a complete and integrated portfolio of Workspace-as-a-Service, application delivery, virtualization, mobility, network delivery and file sharing solutions that enables IT to ensure critical systems are securely available to users via the cloud or on-premise and across any device or platform. With annual revenue in 2015 of $3.28 billion, Citrix solutions are in use by more than 400,000 organizations and over 100 million users globally. Learn more at www.citrix.com.
For Citrix Investors
This release contains forward-looking statements which are made pursuant to the safe harbor provisions of Section 27A of the Securities Act of 1933 and of Section 21E of the Securities Exchange Act of 1934. The forward-looking statements in this release do not constitute guarantees of future performance. Those statements involve a number of factors that could cause actual results to differ materially, including risks associated with the impact of the global economy and uncertainty in the IT spending environment, revenue growth and recognition of revenue, products and services, their development and distribution, product demand and pipeline, economic and competitive factors, the Company's key strategic relationships, acquisition and related integration risks as well as other risks detailed in the Company's filings with the Securities and Exchange Commission. Citrix assumes no obligation to update any forward-looking information contained in this press release or with respect to the announcements described herein. The development, release and timing of any features or functionality described for our products remains at our sole discretion and is subject to change without notice or consultation. The information provided is for informational purposes only and is not a commitment, promise or legal obligation to deliver any material, code or functionality and should not be relied upon in making purchasing decisions or incorporated into any contract.
© 2016 Citrix Systems, Inc. All rights reserved. Citrix, NetScaler and other marks appearing herein are trademarks of Citrix Systems, Inc. and/or one or more of its subsidiaries, and may be registered in the U.S. Patent and Trademark Office and in other countries. All other trademarks and registered trademarks are property of their respective owners.
View source version on businesswire.com: http://www.businesswire.com/news/home/20161011005625/en/
CitrixFor media inquiriesMelissa Pereira, 408-490-2580melissa.pereira@citrix.comTwitter: @CitrixPR
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