Silicom Ltd. today reported growing sales momentum
and strong customer interest for its Cloud Platform product lines,
including its Switched SETAC and Accelerated Switched SETAC. These
products are designed to save space, energy and costs for cloud-based
service providers while easing their transition to the SDN/NFV
environment.
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Based on the positive results achieved with an initial Switched SETAC
deployment, a leading Cyber Security player has recently placed a
$750,000 order to be delivered during Q2 and plans to place additional
orders in 2016 and beyond.
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Based on the above-expectation performance of the first Accelerated
Switched SETAC systems that it ordered, a European DPI (Deep Packet
Inspection) customer intends to begin placing repeat orders.
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Additional OEMs, including some of the Company’s largest clients, are
currently evaluating current and next-generation Switched SETAC
designs (including 25G and 100G) with the goal of improving the
performance of their data center offerings for Cloud Service Providers
while reducing their footprint and energy consumption.
“The momentum that is building for our Cloud Platform products
demonstrates the strong industry need for Cloud performance solutions
and the excellent fit of our Switched SETAC products,” commented Mr.
Shaike Orbach, Silicom’s President and CEO. “The strong growth in
industry interest, coupled with the sizeable order that we have just
received and our forecasts for more, gives us confidence in projecting
multi-million dollar sales for these Design Wins alone, and steadily
growing sales for the Switched SETAC product line in general.