Versa Networks Recognized as a Representative Vendor in 2022 Gartner® Market Guide for Single-Vendor SASE Report

SANTA CLARA, Calif.--(BUSINESS WIRE)--Nov 10, 2022--

Versa Networks, a leader of single-vendor Secure Access Service Edge (SASE) platforms, today announced that Gartner® has recognized Versa as a Representative Vendor in the Gartner Market Guide for Single-Vendor SASE report. 1

According to Gartner, “By 2025, one-third of new SASE deployments will be based on a single-vendor SASE offering, up from 10% in 2022.” Furthermore, “By 2025, 50% of new SD-WAN purchases will be part of a single-vendor SASE offering, up from 10% in 2022.” 1

Versa was recognized by Gartner as a Representative Vendor for single-vendor SASE, in addition to the company being positioned as a Leader in the 2022 Gartner® Magic Quadrant™ for SD-WAN2 report, and earning the highest score for the Large Global WAN Use Case in the 2022 Gartner Critical Capabilities for SD-WAN report. 3

With thousands of customers, hundreds of thousands of sites, and a significant number of very large financial institution, retailer, manufacturer, high-tech company, public sector, and healthcare customers, Versa is a demonstrated leader in mission critical secure networks of Global 2000 companies and their remote worker, cloud-first, and security-sensitive deployments.

Gartner also stated: “What is needed is an identity-aware and context-aware network and security access fabric that connects users, devices and locations everywhere to the enterprise’s digital resources anywhere. Delivering this anywhere, anytime access to any user, device or location requires a cloud-centric SASE capability. A complete SASE offering combines network edge capabilities, most notably SD-WAN, and a set of cloud-centric security service edge (SSE) capabilities, most notably SWG, CASB and ZTNA.” 1

The benefits of Single-Vendor SASE Offerings are improved security posture, improved network and security staff efficacy, and improved user and administrator experience. The business metrics are better security, experience and lower TCO.

A complimentary copy of the Gartner Market Guide report is available from the Versa website at https://versa-networks.com/resources/reports/gartner-market-guide-for-single-vendor-sase-2022/.

“We believe that Versa Networks being recognized by Gartner as a provider of single-vendor SASE acknowledges the approach we adopted of tightly integrating security services with SD-WAN and networking functions when Versa was founded 10 years ago,” said Kelly Ahuja, CEO with Versa Networks. “Gartner sees significant growth in the SASE market over the next several years. Its Forecast Analysis: Secure Access Service Edge, Worldwide report indicates that ‘Over the next five years, the market for secure access service edge will grow at a CAGR of 36%, reaching almost $21 billion by 2026.’ 4 With our complete cloud-centric solution, we are uniquely positioned to deliver leading SASE and SD-WAN capabilities to the biggest enterprises and service provider partners in the world.”

Versa’s single-vendor SASE platform delivers organically developed best-of-breed functions that tightly integrate and deliver services via the cloud, on-premises, or as a blended combination of both via VOS™ with a Single-Pass Parallel Processing architecture and managed through a single pane of glass. Versa delivers SASE services such as Secure SD-WAN, Next-Generation Firewall, Next-Generation Firewall as a Service, Unified Threat Management (UTM) including Advanced Threat Protection (ATP), Secure Web Gateway (SWG), Zero Trust Network Access (ZTNA), Cloud Access Security Broker (CASB), Data Loss Prevention (DLP), Remote Browser Isolation (RBI), and User and Entity Behavior Analytics (UEBA). Versa’s single-vendor SASE platform goes above and beyond management console automation integration, by providing the ability to integrate networks, points of presence, policy definitions, application definitions, agent logic, and data lakes.

Note 1 – Gartner, Inc. “Market Guide for Single-Vendor SASE,” by Neil MacDonald, John Watts, Jonathan Forest, Andrew Lerner on Sept. 28, 2022.

Note 2 – Gartner, Inc. “Magic Quadrant for SD-WAN,” by Jonathan Forest, Naresh Singh, Andrew Lerner, Karen Brown on Sept. 12, 2022.

Note 3 – Gartner, Inc. “Critical Capabilities for SD-WAN,” by Jonathan Forest, Andrew Lerner, Naresh Singh on Sept. 19, 2022.

Note 4 – Gartner, Inc. “Forecast Analysis: Secure Access Service Edge, Worldwide,” by Nat Smith, Neil MacDonald, Andrew Lerner, Jonathan Forest, John Watts, Christian Canales, on Oct. 21, 2022.

Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, express or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

GARTNER and Magic Quadrant are a registered trademark and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally and are used herein with permission. All rights reserved.

About Versa Networks

Versa Networks, a leader in single-vendor SASE platforms, delivers AI/ML-powered SSE and SD-WAN solutions. The platform provides networking and security with true multitenancy, and sophisticated analytics via the cloud, on-premises, or as a blended combination of both to meet SASE requirements for small to extremely large enterprises and Service Providers. Thousands of customers globally with hundreds of thousands of sites and millions of users trust Versa with their mission critical networks and security. Versa Networks is privately held and funded by Sequoia Capital, Mayfield, Artis Ventures, Verizon Ventures, Comcast Ventures, BlackRock Inc., Silicon Valley Bank, Liberty Global Ventures, Princeville Capital, RPS Ventures and Triangle Peak Partners. For more information, visit https://www.versa-networks.com or follow Versa Networks on Twitter @versanetworks.

Versa Networks, VOS, the Versa logo, and Versa Titan are or may be registered trademarks of Versa Networks, Inc. All other marks and names mentioned herein may be trademarks of their respective companies.

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CONTACT: Dan Spalding

dspalding@versa-networks.com

(408) 960-9297

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SOURCE: Versa Networks

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