QUEBEC CITY, Feb. 24, 2015 /CNW Telbec/ - EXFO Inc. (NASDAQ: EXFO; TSX: EXF) today announced that it has been named recipient of Frost & Sullivan's 2015 New Product Innovation Award in the performance monitoring market for network operators.
According to Frost & Sullivan, a leading global research and market analysis firm, EXFO has solidified its leadership position with its EXFO Xtract solution, which has broken the mold of conventional monitoring by providing a holistic view of the network infrastructure and the service performance delivery.
"EXFO's Xtract portfolio enhances end-user visibility across heterogeneous networks substantially. The ease with which the product can be incorporated into the network reduces turnaround time dramatically. This in turn results in a higher return on investment for the end-user," said Frost & Sullivan Research Associate Rohan Joy.
Having complete visibility by accessing multiples data sources has become essential, especially with the marked rise of virtualization and cloud-based service offerings as the need for reliable, high-performance networks has never been greater. Operators must therefore have the ability to effectively process Big Data to address the most pressing issues before it impacts customers regardless of differing network equipment manufacturer constraints or network architecture.
With the evolution of the existing EXFO Xtract platform, EXFO brings together its expertise in service automation, active testing, passive monitoring and infrastructure polling into a comprehensive E2E solution. Having this level of expertise and integration at their disposal, operators can now rely on a centralized and scalable platform to increase their visibility into the performance of their infrastructure as well as the services that run over it, giving them an unprecedented level of historical and real-time actionable information to accurately pinpoint service-affecting events in their network and effectively address any situation before it impact their customers, thus their bottom line
"Being recognized by Frost & Sullivan truly demonstrates EXFO's ability to differentiate itself from the competition by introducing unique and innovative solutions which are especially designed and developed to optimize operational efficiency," said Claudio Mazzuca, Vice-President of EXFO's Transport and Service Assurance Division.
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Listed on the NASDAQ and TSX stock exchanges, EXFO is a leading provider of next-generation test, service assurance and end-to-end quality of experience solutions for mobile and fixed network operators and equipment manufacturers in the global telecommunications industry. EXFO's intelligent solutions with contextually relevant analytics improve end-user quality of experience, enhance network performance and drive operational efficiencies throughout the network and service delivery lifecycle. Key technologies supported include 3G, 4G/LTE, VoLTE, IMS, video, Ethernet/IP, SNMP, OTN, FTTx, xDSL and various optical technologies accounting for more than 38% of the global portable fiber-optic test market. EXFO has a staff of approximately 1600 people in 25 countries, supporting more than 2000 customers worldwide. For more information, visit EXFO.com and follow us on the EXFO Blog, Twitter, LinkedIn, Facebook, Google+ and YouTube.
SOURCE EXFO inc.
For further information: Marie-Anne Grondin, Corporate Communications, (418) 683-0913, Ext. 23417, [email protected]; Vance Oliver, Director, Investor Relations, (418) 683-0913, Ext. 23733, [email protected]