Global Leader in SASE Continues to Excel in Hybrid Networking Solutions
- Versa ranks highest in Large Hybrid WAN Use Case for fifth consecutive year in Gartner Critical Capabilities for SD-WAN report
- Versa scores second highest in On-Premises Security Sensitive WAN Use Case and third highest in Cloud-First WAN Use Case
- Versa has tens of thousands of customers across various industries, including financial services, retail, manufacturing, healthcare, and high-tech sectors
- VersaONE Universal SASE platform delivers converged SSE, SD-WAN, and SD-LAN solutions
Versa, a global leader in Universal Secure Access Service Edge (SASE), has once again secured the highest score in the Large Hybrid WAN Use Case category for the fifth consecutive year in the 2024 Gartner Critical Capabilities for SD-WAN report. The report evaluated 11 vendors, with Versa also scoring second highest in On-Premises Security Sensitive WAN Use Case and third highest in Cloud-First WAN Use Case. With a strong focus on customer partnerships and addressing complex security and networking challenges, Versa has gained the trust of tens of thousands of customers across industries such as financial services, retail, manufacturing, healthcare, and high-tech sectors. The company’s VersaONE Universal SASE platform delivers converged Secure Access Service Edge (SASE), Software-Defined Wide Area Networking (SD-WAN), and Software-Defined Local Area Networking (SD-LAN) solutions powered by AI to protect data, defend against cyber threats, and enhance digital experiences for millions of users worldwide. Versa is privately held with investors including Sequoia Capital, Mayfield, and BlackRock.
Factuality Level: 8
Factuality Justification: The article provides accurate information about Versa’s ranking in the Gartner Critical Capabilities for SD-WAN report and highlights their strengths in different use cases. It also includes relevant details about the company’s customers and solutions. However, it contains some promotional language and may not be fully objective.
Noise Level: 2
Noise Justification: The article provides relevant information about Versa’s ranking in the Gartner Critical Capabilities for SD-WAN report and highlights their strengths in specific use cases. It also mentions the company’s customer base and solutions offered. However, it lacks any analysis or discussion of broader industry trends or implications.
Private Companies: Versa
Key People: Apurva Mehta (Co-Founder and CTO)
Financial Relevance: Yes
Financial Markets Impacted: No
Financial Rating Justification: The article discusses Versa, a global leader in Universal Secure Access Service Edge (SASE), being ranked highest in the Large Hybrid WAN Use Case for the fifth consecutive year according to the 2024 Gartner Critical Capabilities for SD-WAN report. The company provides secure networking solutions to various industries including financial services, retail, manufacturing, high-tech, and healthcare. While there are no direct mentions of financial markets or companies being impacted, the article does pertain to financial topics as it discusses Versa’s success in the industry and its customers trusting them for their mission critical networks and security.
Presence Of Extreme Event: No
Nature Of Extreme Event: Other
Impact Rating Of The Extreme Event: No
Extreme Rating Justification: There is no mention of an extreme event in the text.
Move Size: No market move size mentioned.
Sector: Technology
Direction: Up
Magnitude: Medium
Affected Instruments: Stocks
www.businesswire.com 
