Showing posts with label Procera. Show all posts
Showing posts with label Procera. Show all posts

Sunday, September 24, 2017

Procera rebrands as Sandvine now that the merger is complete

Procera Networks completed its previously announced acquisition of Sandvine. The combined company will operate under the Sandvine name.

Sandvine, headquartered in Waterloo, Ontario, was founded in 2001 by a team that had worked together on a previous start-up called PixStream, a video networking start-up that Cisco acquired that same year for C$554 million. Sandvine's core expertise is in network policy management, including the control of spam, usage-based billing, quality of service, and P2P throttling over any type of access network, including cable/DOCSIS, DSL/FTTx, Satellite, 3G, LTE, WiFi, and fixed wireless.

Procera Networks, based in Fremont, California, was founded in 2002 and includes significant operations in Sweden. Its PacketLogic platforms use deep packet inspection (DPI) to deliver analytics, traffic management, and enforcement use cases for broadband network operators, mobile operators and academic institutions. In 2007, Procera completed an IPO and in 2013 bought Vineyard Networks, a Canadian DPI company, for C$28 million. In 2015, private funds managed by Francisco Partners Management, a technology-focused private equity firm, acquired Procera Networks in an all-cash transaction valued at approximately $240 million.


The new company will serve over 400 communications service provider customers, with over 1 billion subscribers in more than 100 countries, as well as over 500 enterprise customers and more than 100 OEM and channel partners. It will be led by Procera's CEO Lyndon Cantor, and Procera CFO Richard Deggs.

Tuesday, August 1, 2017

Two long-term rivals in network policy control reach a merger agreement

by James E. Carroll

Broadband network policy control has often been a somewhat contentious issue in the U.S. and other western markets. Everyone agrees that good network management is essential and often that means prioritising valuable packets over others that are deemed to be lower value, not time dependent, or possibly malicious. On a private network, the good traffic can be sorted from the bad. Enterprise networks, for instance, are under no obligation to carry gaming traffic during business hours. Large academic networks, including those operated by universities and school districts, have legal responsibilities to filter the traffic and ensure that student have access to learning resources but not adult content. Broadband operators and ISPs have similar motivations for performing network management but must balance freedom of speech and other civil liberty interests.

The question of Net Neutrality has been debated for years. As a matter of public policy, the FCC under the Obama administration sought to enshrine several 'bright line' rules for net neutrality:

1.  No blocking. If a consumer requests access to a website or service, and the content is legal, an ISP is not permitted to block it.

2.  No throttling. ISPs should not intentionally slow down some content or speed up others based on the type of service or your ISP’s preferences.

3.  Increased transparency. The connection between consumers and ISPs - the so-called last mile - is not the only place some sites might get special treatment.

4.  No paid prioritisation.

These Open Internet Rules of 2015, which were adopted by 3-to-2 vote along party partisan lines, were based on the FCC's authority under Title II of the Communications Act of 1934. The rules allowed some leniency for reasonable network management, especially for mobile networks and unlicensed WiFi public services.

Under the Trump administration, the new FCC Chairman, Ajit Pai, has moved quickly to reverse these bright-line rules, giving broadband network operators and ISPs much more leeway to implement more robust network policy controls. There have been numerous voices raised in opposition to this Pai reversal, including various online attention-getting statements last week from major tech companies such as Amazon, Google, Facebook and Netflix, but so far, we have not seen many serious cases of legitimate network traffic being blocked or put into a slow lane by major ISPs. One of the most vocal supporters of Net Neutrality under the old rules has been Netflix, whose traffic has continued to surge. The bottom line, at least for now in the U.S. market, is that more network policy enforcement may come into play. On the global stage, many countries explicitly allow network operators to segment and prioritise traffic for a variety of reasons.

The Sandvine Procera deal

Numerous network equipment vendors, including all the big players, have long offered policy enforcement solutions for public network operators. Two of the leading specialists in this domain have been Sandvine and Procera Networks – rivals for over a decade. This week, the companies announced a merger agreement. Under the deal, PNI Canada Acquireco Corp. (PNI), an affiliate of Francisco Partners and Procera Networks, will acquire all the issued and outstanding common shares of Sandvine for C$4.40 per share in cash. The price per share implies an aggregate fully-diluted equity value for Sandvine of approximately C$562 million ($440 million). The cash purchase price represents a 40% premium to Sandvine's closing share price of C$3.15 on May 26, 2017 and a 61% premium to the cash-adjusted closing price on May 26, 2017. Simultaneously, a previous acquisition deal between Sandvine and Scalar Acquireco Corp. has been terminated and Sandvine has agreed to pay C$16.9 million to an affiliate of Scalar.

Sandvine, headquartered in Waterloo, Ontario, was founded in 2001 by a team that had worked together on a previous start-up called PixStream, a video networking start-up that Cisco acquired that same year for C$554 million. Sandvine's core expertise is in network policy management, including the control of spam, usage-based billing, quality of service, and P2P throttling over any type of access network, including cable/DOCSIS, DSL/FTTx, Satellite, 3G, LTE, WiFi, and fixed wireless. In 2006, Sandvine completed its IPO and shares are now traded on the Toronto Stock Exchange under the symbol SVC.  Sandvine said its solutions are deployed by more than 300 CSPs worldwide.

For its second quarter of 2017, Sandvine reported revenue of US$27.5 million, net income of $1.1 million, or $0.01 per diluted share, and EBITDA1 of $3.1 million, or 2c per diluted share. Overall revenue declined by 18% compared to a year earlier. Highlights included:

•   Revenue by access technology market: wireless 55%; fixed telco 26%; fixed cable 17%; other 2%.

•   Revenue by geography: EMEA 37%; NA 29%; APAC 17%; CALA 17%.

•   Revenue by sales channel: direct 55%; reseller 45%.

Procera Networks, based in Fremont, California, was founded in 2002 and includes significant operations in Sweden. Its PacketLogic platforms use deep packet inspection (DPI) to deliver analytics, traffic management, and enforcement use cases for broadband network operators, mobile operators and the academic institutions. In 2007, Procera completed an IPO and in 2013 bought Vineyard Networks, a Canadian DPI company, for C$28 million. In 2015, private funds managed by Francisco Partners Management, a technology-focused private equity firm, acquired Procera Networks in an all-cash transaction valued at approximately $240 million.This represented a premium of approximately 21% over the closing price of Procera's common stock on the previous trading day of April 21, 2015, and a premium of approximately 32% over the unaffected closing price from January 22, 2015, the last day prior to an article reporting the potential sale of the company. At the time its privatisation deal was announced, Procera was reporting quarterly revenue in the range of $19.5 to $20.5 million.

The new company

In announcing the deal, officials from both companies said the combined entity will retain the Sandvine name. It will serve over 400 communications service provider customers, with over 1 billion subscribers in more than 100 countries, as well as over 500 enterprise customers and more than 100 OEM and channel partners. It will be led by Procera's CEO Lyndon Cantor, and Procera CFO Richard Deggs. The mission is to be the 'premier provider of network intelligence solutions to communication service providers around the world'. Both companies have developed NFV-based implementations for network policy control, so we should expect to see further rollout of virtualised policy enforcement solutions.

Friday, April 21, 2017

Vodafone Egypt selects Procera

Procera Networks has announced a multi-year, multi-million dollar partnership with Vodafone Egypt, the largest mobile operator in the country with over 39 million subscribers, under which its virtualised solutions will be deployed to enhance the subscriber experience for fixed and mobile subscribers.

Procera noted that it was selected following a competitive evaluation, and for the project its virtualised technology will be implemented to provide Vodafone Egypt with subscriber experience analytics, including for encrypted traffic carried on the Internet.

Procera's analytics solutions leverage the visibility provided by the PacketLogic DRDL engine, which is designed to deliver fine-grained application identification despite the increasing use of encryption on the Internet.

As part of the solution, ScoreCard provides a view of quality, with high frequency measurements of service quality for criteria relevant to subscribers, such as web surfing, streaming video, social media, real-time gaming, upload/download performance and voice applications. In addition, analysis of ScoreCard results can be used to target investment in network capacity upgrades and identify potential demand for new services by the network planning team at Vodafone Egypt.

  • Earlier in 2017, Procera Networks reported a record number of contract wins and deployments in 2016 and had added 36 new Tier 1 service provider contracts. It also noted growing adoption of its virtualised DPI technology, which increased 177% versus 2015, with total deployments at over 50 Tier 1 and 2 operators as part of their NFV strategies.
  • In February, Procera announced it had reached a new industry benchmark for NFV performance, achieving 1.8 Tbit/s data throughput for its virtualised PacketLogic network intelligence technology running on Intel-based 1 RU Dell servers equipped with Mellanox 100 Gigabit Ethernet NICs. The test provided scale-up performance to 180 Gbit/s in a single system and scale-out throughput of 1.8 Tbit/s across a 10 RU cluster.

Wednesday, January 18, 2017

Procera Cites 177% Increase in Virtualized Net Deployments in '16

Procera Networks announced a record number of contract wins and deployments during the past 12 months including 36 new tier one service provider contracts in 2016 alone. The company said its cumulative deployment of its virtualized DPI technology also increased to over 50 tier one and tier two operator installs, confirming it's become central to operator NFV strategies.

Procera's technology is regularly used for traffic management, policy charging and control, IT and regulatory analytics among tier one and tier two fixed, mobile, Wi-Fi, and satellite providers. Its network management and DPI technology is also increasingly being deployed in a virtualized format.

During 2016, Procera saw a 177% increase in virtualized commercial deployments compared to the year before. The company also expects this growth to continue and that it will far exceed

"Procera saw significant market momentum in 2016 and had record bookings, sales, and deployments. Our growth has been fueled by the strength of our core technology's ability to reveal more granular OTT analytics than our competition and by the flexibility and robustness of our virtualized delivery of those capabilities," said Lyn Cantor, President and CEO at Procera Networks. "Additionally, our customers have been very enthusiastic in our portfolio of over 100 different use cases based on our global learnings and how quickly we can deploy our solutions to help them manage and optimize their networks."

http://www.proceranetworks.com

Wednesday, July 27, 2016

Procera Cites Big Order from tier 1 South American MSO

Procera Networks announced an initial multi-million dollar analytics and traffic management deployment with a tier one South American cable operator. The South American cable operator is replacing its existing DPI platform with Procera's technology to ensure its network can keep pace with the growth in bandwidth usage sparked by subscribers in recent months. Over 60% of traffic on the operator's network is streaming video, and it expects this figure to rise even further in the coming years.

Procera noted that this latest development marks the third tier one deployment in the region for Procera, and the fifth new tier one operator customer to be secured in recent months across EMEA, the US, and APAC.

"This was a very technical and commercial process, with steep competition. We are excited to be associated with this marquee operator, and to have the opportunity to help them build their next generation analytics data platform," said Lyn Cantor, President and CEO at Procera Networks.

http://www.proceranetworks.com

Monday, December 21, 2015

Blueprint: 2016 and Beyond

by Cam Cullen, Vice President of Global Marketing at Procera Networks

I recently attended the Light Reading Vision Executive 2020 Summit in Dublin, and the event was a great peek into the thought process of some of the largest network operators in the world. Light Reading and Heavy Reading presented a number of different perspectives on what the future holds for telecom operators, some of which where quite compelling. One report that they presented was on the New IP Agency Interoperability testing, a first of a kind Network Functions Virtualization test that brought 12 vendors together to show that NFV solutions from various vendors could work together. This test was a big step forward for NFV, because it showed that the industry has stepped beyond just virtualization and moving towards true NFV.

The event inspired me to put my own thoughts on what the new trends that we will see in 2016 and beyond on the blog. So….here we go…

Virtualization and NFV get some big wins and deployments: Most operators have already implemented a few projects using virtualization, often their internal IT or control plane deployments. More and more operators are making vendors decisions based upon virtualization products, and I fully expect to see a few significant data plane deployments in 2016.

Orchestration gets real: One point made at the Vision 2020 conference that is often glossed over is that orchestration is really about automation. There are a lot of vendors that have designed their solutions to be very friendly to APIs and automation, and there have already been some ETSI POCs that demonstrate this is real-world scenarios. The New IP Agency intends to do an orchestration interoperability test in 2016, and that test will shine a light on the real state of NFV orchestration, but I expect orchestration to reach out beyond NFV in 2016.

4K video begins to appear in the wild: I have a 4K TV in my house, and the picture is stunning, even with simple upscaling on existing HD video. It makes recorded TV shows look like they are almost live, which can be a bit disconcerting at times because the picture is so clear. Interestingly enough, the easiest way to get 4K streams now is directly to your smart TV since most devices are not yet supporting 4K, but that will change in 2016.

Video bandwidth continues to increase: It is a bit of a no-brainer to say that video bandwidth will increase, but the 4K prediction above is the biggest thing that will accelerate video bandwidth consumption. Netflix recommends 3Mbps for SD, 5Mbps for HD, and 25Mbps for UHD, so users may go from 3or 5Mbps to 25Mpbs for some UHD quality content. With video already consuming from 60-70% of downstream bandwidth on our customer’s networks, it will only get worse.

A new game-changing app will appear: Every year a new app appears that had to potential to change consumer consumption patterns. In 2015, Popcorn Time and Periscope were notable new additions to the landscape (fortunately for Hollywood, Popcorn Time hasn’t taken off yet). Periscope is interesting because it can turn every device into a live video stream and has the support of Twitter, and it won the App Store “Best of the Year” as a recognition of this potential. In August, Periscope claimed 10M users, and I expect that number to keep growing. What will the new app be in 2016? The beauty of it is that we don’t know, and that uncertainty is actually awesome and a testament to the creativity enabled by the Internet.

Streaming-only cord cutters get enabled: Amazon has started an aggregation offering for streaming services that includes Showtime, Starz, and other services (as a start). CBS announced (although it will begin in January of 2017 and not 2016) a new Star Trek series only for online. The biggest advantage that Pay-TV has today is bundling convenience, and Amazon’s offering is the first of what I would expect to see of many offers. Cord Cutters today will end up paying more if they want to watch a similar line-up to cable services, and have to manage a lot of different apps. Aggregation offerings may change that equation going forward.

2016 will be an interesting year for consumer broadband, and I look forward to seeing “What’s Next” in 2016.

About the Author

Mr. Cullen is the Vice President of Global Marketing at Procera Networks. Mr. Cullen is responsible for Procera's overall global marketing and product management, and is an active evangelist for Procera's solution and general market trends as well as an active blogger for Procera. He joined Procera as VP of Product Management to execute on product strategy and to expand the company's product offering. Prior to Procera, Mr. Cullen held senior Product Management and Marketing roles at Allot and Quarry Technologies/Reef Point Systems, where he was VP of Product Management and Marketing, and held various roles in business development, marketing, and sales at 3Com. Mr. Cullen was a captain in the US Air Force where we worked at the National Security Agency and the Air Force Information Warfare Center, and holds a Bachelor of Science in Electrical Engineering from the University of Alabama.


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Tuesday, December 1, 2015

Zain Upgrades with Procera's Analytics

Procera Networks announced an extension of its partnership with Zain in Jordan, which has been using the company's PacketLogic products since 2012 to provide better quality of experience (QoE) for its subscribers. The carrier will now expand the deployment to include Procera's analytics family of solutions to leverage the granular network analytics captured.

Zain is also deploying Procera's enforcement solutions with online charging integration (Gy). It enables monetization of over the top services by restricting and enhancing access depending on subscription type.

"Zain has used Procera for the past three years and the solutions have met the business requirements to help Zain in understanding the customers' behavior," said Yousef Al-Mutawe, COO at Zain. "We have decided to continue our partnership with Procera through upgrading the current platform to the new version and adding on top of the data inspection tool the insights analytics solutions. Insights and its Customer Care tools will enrich the customer experience and engagement and will provide us with a wider view about our user's behavior and deeper view about applications and user's preferences."

http://www.procera.com


Monday, November 16, 2015

Procera Intros Virtual Probe for Subscriber Intelligence

Procera Networks is launching a Virtual Experience Probe designed to deliver intelligence to real-time analytics systems.

Procera's "eVolution" is an all-virtual data enablement solution that empowers fixed, cable, mobile and WiFi operators to enhance the subscriber experience, by providing contextual intelligence they can act upon immediately. The eVolution data probe runs in VMware or KVM virtualization environments on COTS hardware. Procera said eVolution is differentiated by:

  • Infrastructure and Vendor agnostic data acquisition
  • Real-time virtualized software with highly optimized performance on COTS hardware
  • Deployment flexibility for a broad ecosystem of customers: carriers, enterprises, system integrators, OEMs, channel partners, and third party big data providers
  • Flexible data and KPI formats for use by big data repositories
  • Best cost per subscriber value designed to augment or displace cumbersome and expensive passive probing solutions

As NFV orchestration is deployed, eVolution instances will be able to be created, sized, and deployed in real time, and relocated as needed through the network by the operator using ETSI NFV specifications.  The base eVolution probe delivers access to real-time network forensics leveraging Procera's unique Dynamic LiveView. Software license add-ons deliver real-time data feeds to Big Data systems using IPFix or historical data through ODBC database integration, enabling integration into a wide variety of Real-time and Big Data ecosystems that leverage Hadoop and other standard database technologies.

"Network operators need a turnkey virtual probing solution that provides better real-time data to feed their analytics and customer relationship systems in order to deliver a high quality broadband experience to their subscribers," said Lyn Cantor, President and CEO of Procera Networks. "eVolution from Procera represents a game-changer; the most economical cost per bit data enablement solution for subscriber-based analytics on the market today, and we look forward to the market place unlocking new value from this disruptive solution."

http://www.proceranetworks.com

Monday, April 27, 2015

Performance Scalability for NFV - Procera & Intel

The scalability that is required in carrier networks for NFV to succeed is huge.

 If you don't solve the performance requirements, you will not meet the expectations of customers. In this video, Procera Networks' Cam Cullen and Intel's Renu Navale talk about their partnership and the success achieved in benchmarking NFV performance.

 Working with Intel's Network Builders program, Procera has demonstrated its PacketLogic/V virtualized software solution running at over 150 Gbps on Intel Xeon Processor E5 v3 Family-based commercial-off-the-shelf (COTS) platforms.

See Video: https://youtu.be/OvQTnbTBDMw

 

Wednesday, April 22, 2015

Procera to be Acquired by Private Equity Firm for $240 Million

Procera Networks has signed a definitive agreement to be acquired by private funds managed by Francisco Partners Management, a technology-focused private equity firm, in an all-cash transaction valued at approximately $240 million. Under the deal, Francisco Partners will acquire all outstanding shares of Procera’s common stock for $11.50 per share in cash, representing a premium of approximately 21% over the closing price of Procera’s common stock on April 21, 2015, and a premium of approximately 32% over the unaffected closing price on January 22, 2015, the last day prior to an article reporting the potential sale of the company.

“As part of Francisco Partners’ portfolio of companies, Procera will have the resources and financial expertise needed to attain the next level of growth and to strengthen our competitive market position,” said James Brear, President and CEO of Procera. “I believe this transaction delivers compelling value to our stockholders, and we remain firmly committed to establishing Procera as the leader in improving the customer broadband experience for carriers and operators.”

Procera also announced preliminary results for Q1 2015, saying revenue is expected to be in the range of $19.5 million to $20.5 million. The ratio of bookings to revenue for the first quarter was below one. The company expects the gross margin percentage to be approximately 60% and to incur a net operating loss on a GAAP and non-GAAP basis for the first quarter of 2015. The company is not revising its previously announced guidance for the full year.

Sunday, March 1, 2015

Procera #MWC15 - Virtualization, Performance, Subscriber Experience




Virtualization is all theoretical until you can deliver performance. Jim Brear, CEO of Procera, highlights Mobile World Congress 2015, including a game changing performance benchmark achieved in partnership with Intel as well as an ETSI Proof-of-Concept demonstration.




"Enhancing the subscriber experience" is a big theme at this year's Mobile World Congress and the mission of Procera Networks. Jim Brear previews the upcoming week in Barcelona.

Procera Posts Q4 Revenues of $24 Million, up 13% YoY

Procera Networks reported Q4 2014 revenue of $24.2 million, compared with $21.3 million in the fourth quarter of 2013, representing a 13% increase.  Revenue for fiscal year 2014 was $75.4 million, compared with $74.7 million for fiscal year 2013, a 1% increase.GAAP net loss for the fourth quarter of 2014 was $1.7 million, or $0.08 per diluted share, compared with a GAAP net loss of $3.3 million, or $0.16 per diluted share, for the fourth quarter of 2013.


"We ended the year with productivity that demonstrates the strength of our strategic initiatives, achieving a combination of record quarterly revenue and bookings, as well as customer delivery of a number of new strategic products," said James Brear, president and chief executive officer of Procera Networks. "Seeing the initial benefits of our strategic investments are positive indicators toward our goal of returning Procera to solid revenue growth in 2015."

http://proceranetworks.com/investors

Tuesday, February 17, 2015

Boingo Picks Procera's Virtual PacketLogic/V for its S.M.A.R.T. Wi-Fi

Boingo Wireless has installed a virtual CPE solution from Procera Networks to shape network traffic and apply granular profiles that deliver multiple classes of service as part of its S.M.A.R.T Network offering, which was introduced in September 2014.

Boingo’s S.M.A.R.T network design – which stands for Secure, Multiplatform, Analytics-Driven, Responsive and Tiered – reimagines public Wi-Fi based on usage data that identified multiple classes of users with significantly different connection and usage profiles. For instance, in a typical venue, Boingo's S.M.A.R.T. Network will include three classes of services aimed at three unique user/application profiles: complimentary Wi-Fi, supported by advertising and sponsorship, provides up to 5 Mbps of speed for users with basic connectivity demands, such as e-mail and web browsing; a “Turbo Boost” premium tier of service, supporting speeds up to 10 Mbps, enables streaming media; and an "Enterprise Wi-Fi" tier with 20 Mbps speed for business users.

 Procera said its PacketLogic/V virtual customer premises equipment (CPE) client delivers the full suite of its PacketLogic solution. It bundles all of Procera’s rich insights and actions solutions into an easily deployable Virtual Network Function as a Service (VNFaaS). Procera’s Virtual Network Function Manager will be used to dynamically create PacketLogic/V instances as needed, delivering on the promise of service flexibility and elasticity that the ETSI NFV specifications require.

“Procera’s platform is a great fit for our NFV-driven architecture,” said Derek Peterson, Ph.D., Chief Technology Officer of Boingo Wireless. “Their ability to deliver a fully virtualized PacketLogic solution enabled Boingo to achieve the ROI that we needed for our business model. We evaluated hardware-based solutions, but they did not meet our cost or deployment flexibility requirements.”

“NFV is a strategic technology for Procera, and Boingo is a perfect example of new business opportunities enabled by NFV,” said Mike Kay, Vice President of Business Development for Procera Networks. “Virtual CPE solutions can bring the power of Procera’s solutions to the edge of the network with substantial cost savings and deployment flexibility.”

http://www.proceranetworks.com/press-releases/procera-networks-delivers-nfv-solutions-for-boingo-wireless

  • Boingo Wireless currently spans more than a million DAS and Wi-Fi locations in places as varied as airports, stadiums, universities, and military bases. 

Procera Hits 150 Gbps Layer-7 Performance on Path to Bare Metal NFV

Procera Networks announced a big jump forward toward bare metal performance for NFV running on Intel-based platforms. Procera has now demonstrated its PacketLogic/V virtualized software solution running at over 150 Gbps on Intel Xeon Processor E5 v3 Family-based commercial-off-the-shelf (COTS) platforms. Previously, Procera had reported performance tests of 40Gbps.

"These performance results are groundbreaking," said James Brear, President and CEO at Procera Networks, "PacketLogic/V has demonstrated the highest NFV performance in the industry to date with full Layer-7 Subscriber Experience Intelligence functionality enabled. Our customers can begin taking full advantage of NFV and virtualization in their networks today."

Procera said its NFV performance was achieved through participation in the Intel Network Builders program and was focused on demonstrating that high-performance NFV applications can be successfully deployed on Intel® architecture-based COTS platforms and utilizing the Data Plane Development Kit.

The new benchmark was achieved on an Intel Xeon processor E5 2600 v3 system and running PacketLogic/V software in a virtual machine with multiple 40Gbps Intel Ethernet Converged Network Adapters with SR-IOV enabled. The PacketLogic/V software had comprehensive Subscriber Experience Intelligence functionality and congestion management rules enabled, simulating a real world deployment, and the traffic rate was increased into the VNF until packets were dropped. PacketLogic/V software performed at over 150Gbps for traffic below the average packet size seen on the Internet. The software version used in this test is generally available now.

http://www.proceranetworks.com




Tuesday, January 20, 2015

Procera Confirms Orders from Tier 1s for Mobile Analytics

Procera Networks confirmed that it has received two orders that total several million dollars from two Tier 1 mobile operators to deliver Mobile Subscriber Experience Assurance.

The operators will use PacketLogic products solely for the mobile network and for the subscriber analytics that are visualized via its multiple mobile-centric Perspectives solutions. The revenue from these orders is expected to be recognized in the fourth quarter of 2014 and the first quarter of 2015.

Procera's Subscriber Experience analytics solutions offer operators both real-time and historical visibility into the metrics that can have the greatest impact on their customers' experience such as insight into the cause of video stalls, slow page load times, social networking feeds not loading, or slow sync times for cloud services. The intelligence gathered from Procera's Perspectives (RAN, Video, Subscriber, Device, Routing, Traffic, Content, and Topology) is displayed in real-time using Dynamic LiveView or streamed using IPFix, and then stored in the PacketLogic Intelligence Center for visualization in the Insights Product family (Engineering Customer Care, and Marketing) or in an external Big Data solution.

"Mobile operators are desperate to collect meaningful subscriber experience metrics so that they can deliver a superior broadband service for their customers," said Andy Lovit, senior vice president of global sales and services at Procera. "Procera's unique ability to correlate subscriber-based intelligence coupled with our extensive broadband experience delivers significant value to engineering, marketing, and customer care teams at mobile operators."

http://www.proceranetworks.com

Wednesday, January 7, 2015

Procera Updates Guidance, Sees Recovery

Procera Networks updated its financial guidance, saying it now expects revenue for the fourth quarter of 2014 to be in the range of $23.5 million to $24.5 million. The ratio of bookings to revenue for the fourth quarter was above one. The company expects the gross margin rate to be around 60%, to incur a net operating loss on a GAAP basis and to be profitable on a non-GAAP basis for the fourth quarter of 2014. For the fiscal year ended December 31, 2014, the company expects revenue to be in the range of $74 million to $75 million and expects to incur a net operating loss on both a GAAP and non-GAAP basis.

“The results of the quarter represent a recovery driven by the strength of our product portfolio and sales pipeline,” said James Brear, President and CEO of Procera Networks. “We are executing on our sales plan and new product initiatives and believe we are well positioned for 2015 as we continue to work toward the primary goal of driving value for our shareholders.”

http://www.proceranetworks.com/press-releases/procera-networks-updates-outlook-for-fourth-quarter

Tuesday, December 16, 2014

Procera Ships its 100GE Interface Cards

Procera Networks confirmed several-million dollars of orders from Tier 1 operators for 100GE-equipped PacketLogic 20000 Platform. These deployments will leverage the 100GE interfaces deployed in existing or new PL20000 systems delivering Subscriber Experience solutions for fixed and mobile operators. Most of the revenue from these orders is expected to be recognized in the fourth quarter of 2014.

The PacketLogic 20000 offers up to 600Gbps of capacity and up to 8 ports (4 channels) of 100GE interfaces, enabling a fixed or mobile operator to handle millions of subscribers traffic flows with full subscriber experience visibility in both real-time and with historical visibility into the subscriber experience metrics that matter. The intelligence gathered from Procera's Perspectives solutions (RAN, Video, Subscriber, Device, Routing, Traffic, Content, and Topology) is displayed in real-time using Dynamic LiveView or streamed using IPFix, and then stored in the PacketLogic Intelligence Center for visualization in the Insights Product family (Engineering, Customer Care, and Marketing) or an external Big Data solution. The PL20000 can then act to improve the subscriber experience through Congestion Management, Policy and Charging, Advanced Traffic Steering, or Mitigation.

http://www.proceranetworks.com


Monday, December 15, 2014

Carrier Network Virtualization Outlook - Procera's Mike Kay Responds

Which elements of carrier networks should be virtualized first?

Michael Kay, VP of Business Development at Procera Networks, gives his one-minute take.

http://youtu.be/fCkgOvh1Mv8

 





Monday, November 3, 2014

Procera Posts Q3 Revenue of $16.1 Million

Procera reported Q3 2014 revenue of $16.1 million, compared with $21.3 million in the third quarter of 2013.  GAAP net loss for the third quarter of 2014 was $15.7 million, or $0.77 per diluted share, which includes a $12.4 million impairment charge to write-down the goodwill and purchased intangible assets related to an acquisition, and compared with a GAAP net loss of $3.0 million, or $0.15 per diluted share, for the third quarter of 2013.

"Our results for the quarter reflect our previously announced expectations, and although they are below our initial plans, we believe we have laid a solid technology and customer foundation to improve the financial fundamentals and drive shareholder value," said James Brear, president and chief executive officer of Procera Networks. "With the recent customer wins and successes in R&D, we are achieving our strategic goals in the areas of analytics and virtualization, and are focused on returning Procera to a long term growth trajectory."

http://www.proceranetworks.com/press-releases/procera-networks-announces-third-quarter-2014-financial-results

Wednesday, October 15, 2014

Procera's NFV Software Solution Hits 40 Gbps on COTS

Procera Networks' PacketLogic/V Network Functions Virtualization (NFV) software solution has been benchmarked by the European Advanced Network Test Center (EANTC) at 40Gbps with fully active Internet Intelligence functionality, running on commercial off-the-shelf (COTS) equipment.

Specifically, the EANTC testing measured the performance of the PacketLogic/V solutions running on a dual socket Intel Xeon E5-2699v3 CPUs clocked at 2.30 Ghz and 18 cores with 64 Gigabytes of memory (RAM). The software environment for the test was Debian 7.6 and Qemu 1.6.2, as well as version 15.0.4.5 of PacketLogic software. The tests measured the performance and latency of PacketLogic/V running in a NFV configuration with full Internet Intelligence capabilities being exercised. In the tests where PacketLogic/V was achieving 40Gbps of performance, the CPU usage never exceeded 45%, demonstrating that the performance could go higher if the platform supported more interfaces.

“A lack of proven NFV performance capabilities in the industry has been blocking many NFV deployment scenarios by operators over the past year,” said Peter Alm, chief product architect at Procera. “Achieving the same performance with COTS NFV as we do on our PacketLogic™ hardware platforms is a significant technical accomplishment that delivers economic and technological value to network operators.”

The test results can be viewed at http://ow.ly/CA5uX

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