Substantial traction achieved in NFV market with formation of key partnerships
Management believes its total addressable market for network function virtualisation based on these partnerships to be worth c. US$200m over the next three years
BATM Advanced Communications Limited (LSE: BVC), a leading provider of real-time technologies for networking solutions and medical laboratory systems, announces that Telco Systems (“Telco”), a high-end software development and design business within the Group’s Networking & Cyber division, has established partnerships with a number of leading telecoms organisations with the respective partners offering joint solutions for network virtualisation. This represents a significant advancement of BATM’s strategy to leverage the telecom industry transition from hardware to Network Function Virtualisation (“NFV”) and Software-Defined Networking (“SDN”).
The partnerships, which have been established in recent months, include leading providers of central processing unit (“CPU”) technology, white box hardware and across a range of virtual network functions, such as:
- CPU: Telco is the only worldwide software vendor to provide NFV functionality to Arm architecture and all Intel platforms
- White box: NexCom, Advantech, AAEON and Lanner
- Software-defined wide-area network (SD-WAN): Silverpeak
- Firewall: TrendMicro
- vRouter: Cisco, Riverbed and 6WIND
- Network performance monitoring: Certes and Netrounds
- Network orchestration: Netcracker
The Group’s management believes that its total addressable market specifically for NFV applications that it can target through these partnerships is worth approximately US$200m over the next three years as the industry develops. The Group intends to establish further partnerships in due course and expects the value of its addressable market to grow accordingly.
The latest milestone is the launch, together with 6WIND, a high-performance networking software company and leader in the vRouter market, of the industry’s first vRouter for software-based remote management of router services, that enables service providers to rapidly launch and remotely deploy and modify managed router services on a standalone basis or combined with additional virtual network functions.
Please find further information in the attached press release. If you have any questions, please get in touch.