To: ricky who wrote (1264 ) 3/31/1999 3:33:00 PM From: Roy F Read Replies (1) | Respond to of 1614
New Study on Managed VPN Services fromVPNet Reveals Opportunities and Challenges in $29 Billion Market March 31, 1999 03:01 PM SAN JOSE, Calif.--(BUSINESS WIRE)--March 31, 1999-- Free White Paper Includes Previously Unreleased VPN Market Forecasts from Infonetics Research, Provides Guidance to Service Providers and Enterprises VPNet Technologies, Inc. today announced the availability of a white paper that examines, for the first time, the market for Virtual Private Networking (VPN) services -- a market that is projected to total over $29 billion by the year 2003. This informative new document, "Managed VPN Services: Market Opportunity and Paths to Implementation," includes the first market and revenue forecasts for managed VPN services. It also provides an in-depth analysis of the benefits and challenges of VPNs for enterprises, the opportunities for service providers, and the means for overcoming market-entry barriers. Market forecasts for this white paper were provided by leading industry analyst group, Infonetics Research, Inc. Additional revelations concerning the VPN service market include the following: -- Reflecting the continuing trend toward outsourcing, managed VPN services -- in which the customer obtains value-added services in addition to bandwidth from the service provider -- will account for $19 billion, or 65% of the total VPN services market in 2003. -- Revenues for VPN security services will grow from $229 million in 1999 to over $5.3 billion in 2003. -- Managed VPN services based on customer premises equipment (CPE) will dominate the market. In addition to the market forecasts, this white paper contains a detailed look at the technologies and tasks required for VPN implementation, from both enterprise and service provider perspectives. It also includes a categorization of VPNs into five classes, based on the applications supported, the size of the network and the technologies required. Finally, it provides checklists to assist enterprises and service providers in evaluating their VPN strategies. "Managed VPN Services: Market Opportunity and Paths to Implementation" is accessible free of charge on VPNet's web site: www.vpnet.com. Editor's Note: Information contained in this white paper may be excerpted, provided that proper attribution is given to VPNet Technologies and Infonetics Research. About VPNet Technologies VPNet Technologies, Inc. is the first company formed with a singular focus on VPNs, and the only company providing end users and service providers with a complete and flexible spectrum of VPN solutions. Founded in October 1995 and based in San Jose, Calif., the company develops and markets cost-effective products and technologies for implementing high-performance virtual private networks. VPNet's scalable VPLink architecture delivers the highest levels of security, performance, and manageability across a wide range of VPN applications. VPNet's investors and partners include Axent Technologies AXNT and Security Dynamics SDTI . VPNet's products are compatible with firewalls from all leading vendors, including Check Point CHKPF and Cisco CSCO , with software from Microsoft Corp. MSFT , and with public key infrastructure (PKI) products from Entrust ENTU and Verisign VRSN . Note to Editors: VPNet, VPNsure, Virtual Private Networking without Compromise, VPNware; VSU-10, VSU-1010, VPNremote, and VPNmanager are properties of VPNet Technologies, Inc. All other trademarks and trade names are the property of their respective owners.