Plover Bay Technologies Recognized in 2018 Gartner Magic Quadrant for WAN Edge Infrastructure
Hong Kong, 24 October, 2018 – Plover Bay Technologies Limited (Plover Bay, or the “Group”)(stock code: 1523), a global player in the rapidly emerging SD-WAN marketplace with market leading products under the brand Peplink, has been recognized in the October 2018 Gartner Magic Quadrant for WAN Edge Infrastructure report.
According to the report, “the WAN edge market (comprising SD-WAN plus traditional branch routers) is forecast to generate a CAGR of −3% in end-user spending from 2017 through 2022. However, this is the result of the robust growth of SD-WAN (37% CAGR) and the decline of traditional branch office routers (-21% CAGR).” SD-WAN is poised to be at the forefront of connectivity technology as small businesses and large enterprises alike switch from legacy network infrastructures to accommodate increasing demand for data bandwidth at lower cost. With extensive history and experience in the SD-WAN space, Plover Bay believes it has the foundation and foresight to be a Leader in this Magic Quadrant.
Plover Bay’s SD-WAN offerings are vast, encompassing datacenter and branch office connectivity, as well as wireless networking proficiency, allowing for mobile offices and seamless SaaS connectivity. Their SpeedFusion bonding technology is uniquely able to deliver high speeds in areas, and under circumstances, otherwise impossible. And with everything centrally managed via InControl 2, the time spent configuring or managing these capabilities are kept to a minimum.
“We’re honored to be recognized by Gartner for WAN Edge Infrastructure and SD-WAN solutions,” said CEO Keith Chau. “We’re proud of our company and feel this recognition from Gartner is not only the result of years of work and dedication, but also serves as a glimpse of our roadmap to the future. We believe our upcoming slate of new products and technologies will elevate us further as leaders in not only LTE-based Wireless SD-WAN, but in the realm of WAN Edge Infrastructure as a whole.”
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About Plover Bay Technologies Limited
Plover Bay Technologies (stock code: 1523) is a world-leading Internet connectivity technology company. The Company is primarily engaged in developing and commercialising SD-WAN solutions under its own brands – ‘Peplink’ and ‘Pepwave’, whose core technologies and services help thousands of customers from varied industries to increase bandwidth, enhance Internet reliability, and reduce costs. The Group’s complete product line includes models for businesses of all sizes and provides an award-winning Internet experience for customers.
Phone: +852 2990 7667
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