Japanese telecom gaint Softbank recorded a loss of $350 million for last nine months of 2016 in the fair value of the Company’s investments in India. The loss comes on top of a $555 million writedown on the value of Softbank’s India portfolio in the six-month period ending September 2016. “With reference to the current markdown, portfolio…
Service providers and enterprise network operators would like to simplify the way that Wide Area Network (WAN) connectivity and applications are purchased, provisioned, and managed. To do so, they are taking a page from the software-defined networking (SDN) and networking functions virtualization (NFV) world to do this – by applying software-defined principles to the WAN and the network edge, where the customer plugs into WAN services.
Traditionally, the WAN has required that a customer build a custom network by purchasing a combination of connectivity and proprietary networking equipment, including routers, Network Interface Devices (NIDs) and Customer Premises Equipment (CPE). The industry is aiming to change that, replacing specialized gear with commodity hardware that can be rapidly updated and provisioned from the cloud, with open software.
Not only that, but WAN and many network functions such as WAN optimization and application acceleration can be virtualized, automated, and provisioned using a cloud software model. Imagine a wide range of enterprise-quality network services that can be automatically deployed and managed on the customer edge, just like you download apps on your mobile devices.
This webinar hosted by Scott Raynovich, VeloCloud CEO Sanjay Uppal will demonstrate the power of the cloud-delivered SD-WAN, including specific technology from VeloCloud that can enable bandwidth expansion, provide direct optimal access to cloud-based applications, and enable virtual services integration in cloud and on premise while dramatically improving operational automation.