Latest news with #SDWAN
Yahoo
2 days ago
- Business
- Yahoo
FatPipe Reports First Quarter Fiscal Year 2026 Results
SALT LAKE CITY, July 30, 2025 /PRNewswire/ -- FatPipe, Inc. (NASDAQ: FATN) ("FatPipe" or the "Company"), a pioneer in enterprise-class, application-aware, secure software-defined wide area network ("SD-WAN") solutions that provide the highest levels of reliability, security, and optimization for Wide Area Networks (WANs), today announced its first quarter fiscal year 2026 results for the period ended June 30, 2025. Q1 Highlights Successfully completed initial public offering on the Nasdaq Capital Market Total product revenue grew 16.2% compared to the first quarter of fiscal 2025. Total revenue, including professional services, was $3.9 million, a 5% increase, compared to $3.8 million in the first quarter of fiscal 2025. FatPipe added to Russell 3000E and Russell Microcap Indexes Appointed key sales Vice Presidents to leadership team, adding decades of combined experience in networking technology, cybersecurity, sales, and finance Appointed CFO with finance and audit experience Received 2025 MSP Today Product of the Year Award for the Company's Total Security 360 cybersecurity product "This has been a pivotal quarter for FatPipe, our first as a public company, and I'm incredibly proud of the team's execution during this transformational period," said Dr. Ragula Bhaskar, CEO of FatPipe. "Despite the operational demands of our IPO, we delivered solid top-line growth and saw meaningful traction in our recurring revenue streams, demonstrating the strength and resilience of our business model. As we scale our sales organization and capitalize on renewed interest from enterprises seeking secure, high-performance SD-WAN alternatives to legacy vendors, we are well-positioned for accelerated momentum. With our strategic investments in go-to-market expansion and our award-winning cybersecurity offerings, we are committed to delivering long-term value for our shareholders." "Our technology roadmap continues to deliver for customers at scale," added Sanchaita Datta, President and CTO of FatPipe. "During the fiscal first quarter we completed a 252 site deployment for a large customer in record time. This implementation not only reinforces our commitment to critical infrastructure sectors, but it also expands our footprint in high-growth verticals where secure connectivity is essential. As demand for robust, scalable networking solutions continues to grow, FatPipe is poised to lead with innovation and operational excellence." Q1 Financial Results: Total product revenue grew 16.2% compared to the first quarter of fiscal 2025. Total revenue, including professional services, was $3.9 million, a 5% increase, compared to $3.8 million in the first quarter of fiscal 2025, driven by customer retention and additional focus on sales efforts. Gross margin expanded to 94%, compared to 92% in Q1 FY25, driven by customer contract extensions. Net income was $0.7 million, up 22% from net income of $0.6 million in Q1 FY25 driven by strong topline growth. Adjusted EBITDA totaled $1.1 million, up 10% from $1.0 million in Q1 FY25. Cash and cash equivalents were $5.9 million as of June 30, 2025, up from $2.9 on March 31, 2025 as a result of IPO proceeds. About FatPipe, Inc. FatPipe pioneered the concept of software-defined wide area networking (SD-WAN) and hybrid WANs that eliminate the need for hardware and software or cooperation from ISPs and allows companies and service providers to control multi-link network traffic. Fatpipe introduced a full single stack cybersecurity solution designed to be sold to the same customer profile, and Buyer as FatPipe. Fatpipe currently has 12 U.S. patents related to multipath, software-defined networking. FatPipe products are sold by 200+ resellers worldwide. For more information, visit Follow us on X @FatPipe_Inc. Forward-Looking Statements Certain statements contained in this press release, including statements relating to the Company's expectations regarding the completion, timing and size of its proposed public offering and listing may constitute forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements can generally be identified by our use of forward-looking terminology such as "may," "will," "expect," "intend," "anticipate," "estimate," "believe," "continue," or other similar words. Readers are cautioned not to place undue reliance on these forward-looking statements, which are based on management's current expectations and are inherently subject to various risks, uncertainties, assumptions, or changes in circumstances that are difficult to predict or quantify. These risks and uncertainties include, but are not limited to, risks and uncertainties associated with the consummation of the offering and other risks described in FatPipe's registration statement on Form S-1, as it may be amended from time to time. Except as required by law, FatPipe expressly disclaims a duty to provide updates to forward-looking statements, whether as a result of new information, future events or other occurrences. Company Contact Info Please contact the company through this email, for scheduling a conversation with senior management. Responses will be provided within 24 business hours. Investor Contact Dave Gentry, CEORedChip Companies, (733-2447) FATN@ View original content to download multimedia: SOURCE FatPipe Networks Sign in to access your portfolio
National Post
24-07-2025
- Business
- National Post
ISG Names GTT a Leader for SASE and Managed SD-WAN in U.S. and U.K.
Article content New ISG reports highlight rising demand for integrated networking and security solutions that span enterprise infrastructures. Article content Article content , a leading networking and security as a service provider for multinational organizations, announced it has been named a Secure Service Access Edge (SASE) and Managed SD-WAN Leader in the United States and in the United Kingdom by the Article content Information Services Group Article content (ISG), a leading technology research and market intelligence advisory firm. 'Leaders,' as recognized by ISG, stand out for their comprehensive product and managed service offerings, strength in innovation and market competitiveness. The 2025 ISG Provider Lens™ Network – Software-Defined Solutions and Services reports provide a detailed analysis of the markets for managed SD-WAN services, SD-networks transformation services, SASE and edge technologies and services, assessing over 150 U.S. providers and 40 U.K. providers. ISG offers strategic insights for technology and procurement leaders evaluating security and networking investments, including how providers support the shift to comprehensive SASE frameworks. The reports also assess managed SD-WAN offerings, with a focus on flexible solution management and modern contracts. Article content In addition to the 'Leader' recognition in the U.S. and U.K. Quadrants for Managed SD-WAN and SASE, GTT has been named a ''Rising Star' in the SD-Networks Transformation Services category in both regions for its advisory, consulting and implementation services. Article content 'Aligned with the shift towards Zero Trust, our research across the U.S. and U.K. shows rising demand for integrated security solutions that protect the entire enterprise network infrastructure,' said Dr. Kenn D. Walters, Lead Analyst, ISG. 'GTT delivers powerful and advanced SASE and SSE solutions with vendor-agnostic, client-specific delivery supported by its Envision platform. Customers benefit from GTT's customized managed SD-WAN services and its global Tier 1 backbone that ensures secure, high-performance connectivity from core to edge. GTT's leading advisory professionals further support a fully comprehensive range of customer requirements.' Article content ISG highlights GTT's flexible, technology-agnostic SASE and SD-WAN solutions, powered by the GTT Envision platform that enables seamless network connection, orchestration, virtualization and automation. The firm notes that EnvisionDX, a digital gateway, delivers control for enhanced application performance and streamlined network policy management. ISG further highlights GTT's observability-driven governance, which helps enterprises leverage telemetry and AI-driven insights to identify optimization opportunities across legacy and modernized infrastructure. Article content 'GTT is proud to be recognized by ISG for our ability to help CIOs standardize or diversify their architectures without sacrificing feature parity, visibility or policy control,' said Tom Major, Senior Vice President Product Management and Technology, GTT. 'With our global network reach and tightly integrated security, networking and cloud advisory services, we work with our customers to drive business success and deliver greater technology together.' Article content GTT is a leading networking and security-as-a-service provider for multinational organizations, connecting people and machines to data and applications — anywhere in the world. We serve thousands of organizations, bringing together the right people, partners and technology to reduce the burden on IT teams and solve the most pressing networking and security challenges. Built on our top-ranked global Tier 1 network, the GTT Envision platform provides visibility, insights, orchestration and control, enabling customers with consumable solutions to achieve business missions and meet ongoing demand when, where and how needed. Our portfolio includes SASE, SD-WAN, security, internet, voice and other connectivity options, complemented by a suite of professional services and exceptional sales and support teams in local markets around the globe. We partner with our customers to deliver Greater Technology Together. Article content Article content Article content Article content Article content Contacts Article content Americas: Article content Article content Mary Lynn Heath, GTT Article content Article content +1-646-214-4078 Article content Article content Article content Europe: Article content Article content Siria Nielsen, GTT Article content Article content +31-6-2835-4259 Article content Article content Article content GTT Investor Relations: Article content Article content Charlie Lucas, GTT Article content Article content Article content
Yahoo
11-07-2025
- Business
- Yahoo
Software-Defined Networks Aid Firms' Agility in Asia Pacific
Companies seek new network infrastructure, services to meet AI-related cloud, security requirements, ISG Provider Lens® report says SYDNEY, July 11, 2025--(BUSINESS WIRE)--A growing number of enterprises in Asia Pacific are adopting software-defined networking for fast, cost-effective network provisioning to support digital transformation, according to a new research report published today by Information Services Group (ISG) (Nasdaq: III), a global AI-centered technology research and advisory firm. The 2025 ISG Provider Lens® Network — Software-Defined Solutions and Services report for Asia Pacific finds that companies across the region face challenges — including tight labor markets, persistent inflation and geopolitical tensions — that call for quick decision-making supported by on-demand connectivity. The need for SD-networking solutions is expected to remain strong, especially in emerging markets such as India and the ASEAN region. As enterprises in Asia Pacific continue to incur the high cost of multiprotocol label-switching (MPLS) links, some are adding fully managed or co-managed software-defined wide area networks (SD-WANs) to cloud migration and security strategies. "We expect digital transformation to keep accelerating in Asia Pacific as organizations move more workloads to public and private clouds," said Michael Gale, partner and regional leader, ISG Asia Pacific. "The shift to software-defined technologies continues across all areas of networking, leading toward more automated — and eventually autonomous — networks." Efforts by companies in Asia Pacific to improve operational efficiency are expected to increase investment in new networking hardware, software and cloud-based services, ISG says. Rapid AI adoption will influence these investments, as new network designs prioritize low latency and high bandwidth to meet the performance requirements of AI applications, and network monitoring and observability will be increasingly important to ensure application reliability. Within SD networks that use AI and ML, automated processes reduce the need for manual intervention, minimizing errors. The growth of remote work and supply chain diversification also are generating new demand for SD networks in the region, ISG says. Low-latency networks enable smooth communication among teams and greater use of cloud-connected applications, which can improve employee performance and innovation. As trade tensions lead companies in India and Southeast Asia to extend their supply chains, there may be higher demand for infrastructure to link to new and expanding operations. Companies operating in Asia Pacific remain deeply concerned about network security, the report says. An ISG networking survey found that network security was the top network infrastructure issue for three-quarters of global enterprises operating in the region in 2024. As a result, many large enterprises in Asia Pacific are adopting SD-WANs as part of secure access service edge (SASE), often as a fully managed service. SASE converges enterprise networking and security and is especially effective for securely provisioning cloud-based and hybrid networks. "Companies need new strategies and tools to ensure both connectivity and security across diverse cloud environments," said Yash Jethani, principal analyst at ISG and lead author of the report. "Partnerships with providers that offer expertise in AI, cloud and networking will be crucial." The report also examines other networking trends in Asia Pacific, including rapid adoption of software-defined solutions by small and midsize enterprises and the growing availability and importance of 5G networks in the region. For more insights into the networking-related challenges faced by enterprises in Asia Pacific, along with ISG's advice for addressing them, see the ISG Provider Lens® Focal Points briefing here. The 2025 ISG Provider Lens® Network — Software-Defined Solutions and Services report for Asia Pacific evaluates the capabilities of 46 providers across four quadrants: Managed SD-WAN Services, SD-Networks Transformation Services (Consulting and Implementation), Edge Technologies and Services (Including Private 5G) and Secure Access Service Edge. The report names Accenture, Kyndryl, NTT DATA, Orange Business, Singtel, Telstra and Verizon Business as Leaders in all four quadrants. It names BT as a Leader in three quadrants and Tata Communications as a Leader in two quadrants. Capgemini, Fujitsu, Korea Telecom, SK Telecom and Vodafone are named as Leaders in one quadrant each. In addition, GTT, TCS, Tech Mahindra and Wipro are named as Rising Stars — companies with a "promising portfolio" and "high future potential" by ISG's definition — in one quadrant each. In the area of customer experience, HCLTech is named the global ISG CX Star Performer for 2025 among networking service and solution providers. HCLTech earned the highest customer satisfaction scores in ISG's Voice of the Customer survey, part of the ISG Star of Excellence™ program, the premier quality recognition for the technology and business services industry. The 2025 ISG Provider Lens® Network — Software-Defined Solutions and Services report for Asia Pacific is available to subscribers or for one-time purchase on this webpage. About ISG Provider Lens® Research The ISG Provider Lens® Quadrant research series is the only service provider evaluation of its kind to combine empirical, data-driven research and market analysis with the real-world experience and observations of ISG's global advisory team. Enterprises will find a wealth of detailed data and market analysis to help guide their selection of appropriate sourcing partners, while ISG advisors use the reports to validate their own market knowledge and make recommendations to ISG's enterprise clients. The research currently covers providers offering their services globally, across Europe, as well as in the U.S., Canada, Mexico, Brazil, the U.K., France, Benelux, Germany, Switzerland, the Nordics, Australia and Singapore/Malaysia, with additional markets to be added in the future. For more information about ISG Provider Lens research, please visit this webpage. About ISG ISG (Nasdaq: III) is a global AI-centered technology research and advisory firm. A trusted partner to more than 900 clients, including 75 of the world's top 100 enterprises, ISG is a long-time leader in technology and business services that is now at the forefront of leveraging AI to help organizations achieve operational excellence and faster growth. The firm, founded in 2006, is known for its proprietary market data, in-depth knowledge of provider ecosystems, and the expertise of its 1,600 professionals worldwide working together to help clients maximize the value of their technology investments. View source version on Contacts Press: Laura Hupprich, ISG+1 203 517 Julianna Sheridan, Matter Communications for ISG+1 978 518 4520isg@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
07-07-2025
- Business
- Yahoo
Arista Networks Expands AI-Driven Enterprise Solutions With New Offerings, VeloCloud SD-WAN Acquisition
Arista Networks Inc. (NYSE:ANET) is one of the best NYSE stocks to buy for long term investment. On July 1, Arista Networks expanded its AI-driven enterprise offerings. The expansion includes new switching, Wi-Fi 7 access points, and WAN capabilities. Concurrently, Arista acquired the VeloCloud SD-WAN portfolio from Broadcom Inc. (NASDAQ:AVGO). Organizations are increasingly adopting a centers-of-data strategy to connect AI algorithms and models with distributed data stores. Arista is addressing this with an expanding suite of hardware and software solutions. This commitment contributed to Arista Networks being recognized in the Visionaries Quadrant of the 2025 Gartner Magic Quadrant for Enterprise Wired and Wireless LAN Infrastructure, published on June 26. In the report, Gartner positioned Arista Networks as the vendor with the highest Ability to Execute within the Visionaries Quadrant. A technician in a server room managing a large-scale network of computers. Arista's acquisition of VeloCloud is designed to enhance branch connectivity. VeloCloud provides cloud-delivered SD-WAN solutions with integrated security, which complements Arista's existing wired and wireless switching portfolio. The VeloCloud solutions encompass edge hardware platforms that feature integrated secure firewalling and application-optimized SD-WAN. Arista Networks Inc. (NYSE:ANET) develops, markets, and sells data-driven and client-to-cloud networking solutions for AI, data center, campus, and routing environments internationally. While we acknowledge the potential of ANET as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the . READ NEXT: and . Disclosure: None. This article is originally published at Insider Monkey.
Yahoo
04-07-2025
- Business
- Yahoo
Will Arista's VeloCloud Buyout to Boost SD-WAN Unit Aid ANET Stock?
Arista Networks, Inc. ANET has acquired the VeloCloud SD-WAN portfolio from Broadcom Inc. (AVGO) for an undisclosed amount. The buyout has offered Arista complementary products and services with a production-proven SD-WAN architecture, a dedicated customer base of more than 20,000 and a seasoned sales channel. The acquisition will enable Arista to offer end-to-end networking solutions to a wider range of customers and augment its secure access service edge (SASE) networking gear, which supports remote workers and branch offices. VeloCloud has been part of Broadcom since the latter's purchase of VMware in 2023. However, Broadcom considered VeloCloud as a non-core business with low-value offerings, given its focus on cloud enablement and infrastructure. While losing its importance within the company, VeloCloud was also gradually losing market share, forcing Broadcom to consider options to divest it. This is where Arista came into the picture, snapping up a business that filled the void in its WAN Routing System to better compete with Cisco Systems, Inc. CSCO and Juniper Networks, Inc. AI offerings like VeloRAIN and VeloBrain, which use AI to improve the security and performance of distributed AI workloads and help network engineers better manage their environments, VeloCloud is a strategic fit for Arista's business. It delivers converged cloud networking from the edge to the data center and cloud, with end-to-end automation, application continuity and branch transformation, which empowers enterprises to transform their data centers with modern, high-performance operations. Arista continues to benefit from strong momentum and diversification across its top verticals and product lines, with an improved market demand supported by a flexible business model and solid cash flow. As more and more business enterprises transition to the cloud, the company is well-poised for growth in the data-driven cloud networking business with proactive platforms and predictive operations. The company holds a leadership position in the 100-gigabit Ethernet switching share in port for the high-speed data center segment. It is increasingly gaining market traction in 200-and 400-gig high-performance switching products. Additionally, Arista offers one of the broadest product lines of data center and campus Ethernet switches and routers in the industry. It provides routing and switching platforms with industry-leading capacity, low latency, port density and power efficiency. The company also innovates in areas such as deep packet buffers, embedded optics and reversible is witnessing solid demand trends among enterprise customers, backed by its multi-domain modern software approach, which is built upon its unique and differentiating foundation, the single EOS (Extensible Operating System) and CloudVision stack. The versatility of Arista's unified software stack across various use cases, including WAN routing and campus and data center infrastructure, sets it apart from other competitors in the industry. This, in turn, has translated into solid revenue growth for the company over the years. Image Source: Zacks Investment Research Arista continues benefiting from the expanding cloud networking market, driven by strong demand for scalable infrastructure. In addition to high capacity and easy availability, its cloud networking solutions promise predictable performance and programmability, enabling integration with third-party applications for network management, automation and customers deploying transformative cloud networking solutions, the company has announced several additions to its multi-cloud and cloud-native software product family with CloudEOS Edge. It has introduced cognitive Wi-Fi software that delivers intelligent application identification, automated troubleshooting and location services. This supports video conferencing applications like Microsoft Teams and Zoom. Arista has surged 8.3% over the past year compared with the industry's growth of 39.7%, lagging peers like Juniper and Cisco. While Cisco gained 46.8%, Juniper was up 9.9% over this period. Image Source: Zacks Investment Research Earnings estimates for Arista for 2025 have moved up 11.3% to $2.57 over the past year, while the same for 2026 has increased 8.9% to $2.95. The positive estimate revision depicts optimism about the stock's growth potential. Image Source: Zacks Investment Research With solid fundamentals and healthy revenue-generating potential driven by robust demand trends, Arista appears to be a solid investment option. Further, a strong emphasis on quality, diligent execution of operational plans and continuous portfolio enhancements through organic and inorganic growth are driving more value for customers. Steady improvement in lead times and easing of supply-chain woes are major tailwinds. The stock delivered a trailing four-quarter average earnings surprise of 11.8%. Arista currently carries a Zacks Rank #2 (Buy). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks on a robust earnings surprise history and favorable Zacks Rank, it appears primed for further stock price appreciation. Consequently, investors are likely to profit if they bet on this high-flying stock now. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Cisco Systems, Inc. (CSCO) : Free Stock Analysis Report Arista Networks, Inc. (ANET) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
