News
650 Group Recognizes Versa Networks as the Market Leader for Both Deployed SASE and Enabled SD-WAN
December 2022 by Marc Jacob
Versa Networks announced it has again been named the Deployed SASE and Enabled SD-WAN market leader by 650 Group – a trusted market research firm with decades of experience reporting on the data center, communications and Information Technology industries – as published this month in its 3Q22 SASE report and 3Q22 SD-WAN report.
According to 650 Group, Versa posted the leading market share for Deployed SASE and Enabled SD-WAN for Q3 2022 worldwide revenue. Versa has maintained the leading market share in these categories since 2020.
650 Group evaluates over a dozen SD-WAN vendors and over two dozen SASE vendors each quarter to analyze vendor performance quarterly. Each report includes market shares and five-year forecasts with various performance metrics. According to 650 Group, Deployed SASE is defined as single-vendor SASE deployed as a suite. Enabled SD-WAN means a customer has purchased and uses SD-WAN functions.
“As a result of Versa’s market performance in Q3, we again recognized them as the quarterly market share leader in both Deployed SASE and Enabled SD-WAN,” said Alan Weckel, Co-Founder and Analyst of 650 Group. “Our research indicates that enterprises are making SASE a priority for their IT budgets in 2023 with a preference for single-pane offerings.”
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, 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, Cloud Network Firewall, 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.
