Impact of COVID-19 on the Software Defined-Wide Area Network Market
The outbreak of coronavirus (Covid-19) has bought a difficult time for the whole world and people are struggling with the health, societal, and economic impact of the COVID-19 pandemic. In the global chaos, some players operating in cloud and other technologies are benefiting from the trend and are reaping a long-term gain as technology buyers see the advantages for their platforms. Various players in the advance technology race includes Zoom Communications for its videoconferencing and other cybersecurity companies such as Okta and Qualys are growing due to the enterprise demand for work from home (WFH) trend. With this trend many cloud companies are also gaining a significant market share, these companies include Microsoft Corporation, Amazon, and Google Cloud Platform (GCP). Additionally, the virtualization leaders such as VMware and Citrix and some software-defined wide-area networking (SD-WAN) network companies and startups in cloud-native and multi-cloud infrastructure are also getting major benefit from this situation.
The major focus of all the technology companies are on the work from home solutions as governments in various countries has given such orders. To cope up with this situation, technology companies are adopting new technology solutions that majorly supports work from home and enable company’s workforce to work from remote locations. Major SD-WAN companies such as Nuage Networks, Aryaka Networks, Versa Networks and Colt Technology Services, among others has launched and developed their products to support the work-related issues due rising due to Covid-19. For instance, the Aryaka Networks has launched new products and solutions that majorly targets remote workers. Nauge Networks has made partnership with Asavie to extend its security and SD-WAN offerings beyond the office foe remote workers, IoT and mobile devices. Versa Networks is on the verge to launch new solution called Versa Secure Access which targeted the work from home users and is based on its security and SD-WAN technology. Colt has developed its upgraded SD-WAN solution with IPv6 support and VoIP optimization added to target shifts in network demand related to the COVID-19 pandemic as millions of enterprise employees are now working from home.