YOKNEAM, Israel, June 21, 2017 /PRNewswire/ --
Saguna Networks Ltd, a leader and pioneer of multi-access edge computing (MEC), announced today that it has been awarded the Frost & Sullivan 2017 New Product Innovation Award in the European edge computing industry. The win highlights Saguna's leadership in bringing to market the most advanced MEC solutions that enable mobile operators to deploy quickly and effectively new revenue-generating services for Internet of things (IoT), virtual reality (AR), content delivery, and enterprise applications.
According to the report, Saguna, with its Open-RAN platform, has set itself apart from competitors. The report recognizes that the Saguna Open-RAN MEC solution improves customers' quality of experience by providing Web services with high bandwidth, low-latency communication to mobile users, and connected things. In addition, Frost & Sullivan notes that the solution's fully virtualized software architecture truly makes networks more agile and helps the transition to network function virtualization (NFV) by using more economical, commercial off-the-shelf hardware. The advanced solution supports mobile core issues, including billing, encryption, and lawful interception. In addition, the solution enables third-party services to pass along novel data applications, such as location-based services, maps, online payments, and streaming.
"The challenges for network providers include holding the line on costs they would have to pass on to their customers and monetizing their services, while maintaining the higher data traffic rates demanded by network users. By offering a cost-effective platform to handle greater data traffic rates and help monetize the services of its mobile network operator customers, Saguna Networks has earned the 2017 Frost & Sullivan New Product Innovation Award," commented Michael Valenti, Senior Research Consultant, Frost & Sullivan.
Frost & Sullivan recognizes companies for its Best Practices Awards for demonstrating outstanding achievement and superior performance in areas such as leadership, technological innovation, customer service, and strategic product development. For the New Product Innovation Award, Frost & Sullivan analysts independently evaluate new product attributes and customer impact through in-depth interviews, analysis, and extensive secondary research to identify best practices in the industry.
"At Saguna, we are proud to receive the Frost & Sullivan New Product Innovation award. It is a testament to Saguna's leadership in the emerging Multi-access Edge Computing market space," said Danny Frydman, Saguna's CTO. "We are dedicated to helping mobile operators monetize, optimize, and accelerate their mobile networks with a distributed cloud-computing `cloudlet' infrastructure deployed on the radio edge of mobile networks."
Saguna Networks, a leader and pioneer of MEC, makes mobile broadband faster, simpler, and more economical with smart NFV software solutions. Based on the ETSI MEC standard, Saguna's Open-RAN platform enables mobile operators to deploy quickly and effectively new revenue generating services. The MEC platform has a fully virtualized software architecture that provides cost-effective scalability and flexibility. For more information, contact us at email@example.com, follow us on Twitter @sagunanet, or visit our Web site at http://www.saguna.net.
About Frost & Sullivan
Frost & Sullivan, the Growth Partnership Company, collaborates with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today's market participants. For more than 50 years, Frost & Sullivan has been developing growth strategies for the global 1000, emerging businesses, the public sector, and the investment community.
Marketing Director, Saguna