Ethernity Networks Ltd ENET listed as Vendor to Watch in Gartner report
April 20 2020 - 1:00AM
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Ethernity Networks Ltd
20 April 2020
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20 April 2020
ETHERNITY NETWORKS LIMITED
("Ethernity" or the "Company")
Ethernity Networks Recognized as a Vendor to Watch in Gartner
Market Trends: Function Accelerator Cards Disrupting Traditional
Ethernet Adapter Market Report
Ethernity Networks (AIM: ENET.L), a leading supplier of data
processing offload solutions on programmable hardware for
accelerating telco/cloud networks, has been named as a Vendor to
Watch in a February 2020 Gartner research report titled Market
Trends: Function Accelerator Cards Disrupting Traditional Ethernet
Adapter Market.*
The report provides the definition of function accelerator cards
(FACs), "FACs are a class of network interface hardware that help
improve and accelerate server availability, bandwidth performance
and data transport efficiency in a network. besides enabling
connectivity to a network. While all FACs are essentially NICs, not
all NICs are FACs."
According to the report, "by 2023, we estimate that one in three
NICs (network interface cards) shipped will be a FAC," and further
adds that "as 5G adoption also starts to grow, FACs will also be
handy at the edge for offloading NFV functions. Product leaders at
semiconductor providers must, therefore, optimize their NIC
hardware for capabilities to support such use cases and redraw
their product roadmaps for traditional NICs to include FAC
functionalities."
The report also provides context for the market trends that
these cards address and recognizes five Vendors to Watch, including
Ethernity Networks.
Ethernity's ACE-NIC100 provides flexible IO capabilities with
hardware acceleration to optimize virtual infrastructure for
performance, scalability, power, and cost, while offloading VNF,
security, and overlay networks to reduce OPEX and CAPEX, through
agile virtualized DPDK APIs to allow seamless connectivity with
VNFs.
"We are pleased to have been recognized as a Vendor to Watch in
the Gartner Market Trends report," said David Levi, CEO of
Ethernity Networks. "FACs are an important element of 5G
deployment, and we are happy with the progress we have made in
securing business for initial 5G rollouts with our Router-on-NIC
optimized for UPF offload. We believe this recognition further
validates Ethernity as a company that is poised for a major
breakthrough in the coming year."
*Source: Gartner, Market Trends: Function Accelerator Cards
Disrupting Traditional Ethernet Adapter Market, Anushree Verma, 20
February 2020.
Gartner does not endorse any vendor, product or service depicted
in its research publications, and does not advise technology users
to select only those vendors with the highest ratings or other
designation. Gartner research publications consist of the opinions
of Gartner's research organization and should not be construed as
statements of fact. Gartner disclaims all warranties, expressed or
implied, with respect to this research, including any warranties of
merchantability or fitness for a particular purpose.
About Ethernity Networks
Ethernity Networks (AIM: ENET.L) provides innovative,
comprehensive networking and security solutions on programmable
hardware for accelerating telco/cloud networks. Ethernity's FPGA
logic offers complete Carrier Ethernet Switch Router data plane
processing and control software with a rich set of networking
features, robust security, and a wide range of virtual function
accelerations to optimize telecommunications networks. Ethernity's
complete solutions quickly adapt to customers' changing needs,
improving time-to-market and facilitating the deployment of 5G,
edge computing, and NFV.
For further information, please contact:
Ethernity Networks Tel: +972 8 915 0392
David Levi, Chief Executive Officer
Mark Reichenberg, Chief Financial Officer
Arden Partners plc (NOMAD and Broker) Tel: +44 207 614 5900
Richard Johnson / Benjamin Cryer
The PR Office (Investor Relations) Tel: +44207 284 6969
Marc Cohen/Tom Gilby
ethernity@theproffice.com
Dux PR (Analyst and Media Relations) Tel: +1 903 865 1078
Kevin Tanzillo
media@ethernitynet.com
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