STOCK TITAN

Cradlepoint named Challenger and Outperformer in GigaOm Radar Report for SASE

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Very Positive)
Tags
Rhea-AI Summary
Cradlepoint, a part of Ericsson, has been recognized by GigaOm for its exceptional 5G-optimized security capabilities in the Secure Access Service Edge (SASE) space. The company's SASE solution was rated highly for flexibility, configurability, manageability, and vendor support, positioning Cradlepoint as a key player in the evolving 5G network security landscape.
Positive
  • None.
Negative
  • None.

Insights

The recognition of Cradlepoint's Secure Access Service Edge (SASE) solution by GigaOm signifies a strategic enhancement in the convergence of security and networking within the telecommunications sector. Cradlepoint's approach to integrating 5G capabilities into SASE solutions addresses the burgeoning demand for high-speed, secure connectivity, particularly in scenarios where traditional wired connections are impractical or unavailable.

From an industry perspective, the development of 5G-optimized SASE solutions is critical. The ability to manage network access, security and observability across hybrid WAN environments is becoming increasingly important as enterprises adopt more distributed work models. Cradlepoint's focus on cellular-optimized security and SD-WAN solutions positions them favorably within the competitive landscape, as businesses seek reliable partners for their digital transformation initiatives.

Furthermore, the incorporation of zero-trust principles and network slicing capabilities within 5G standalone (SA) networks enhances enterprise security postures. This allows for differentiated handling of network traffic, which can improve both performance and security for enterprise applications. As Cradlepoint integrates these advanced features into their offerings, they are likely to see increased interest from businesses looking to leverage the full potential of 5G technology.

The emphasis on a 5G-optimized SASE solution by Cradlepoint underscores the evolving landscape of cybersecurity, where traditional perimeter-based security models are becoming obsolete. The integration of SASE's flexible, scalable security services with 5G's high-speed connectivity caters to the needs of lean IT teams and SMBs that require robust security measures without the complexity of traditional network architectures.

Zero-trust security models, which Cradlepoint is incorporating into their SASE solution, are designed to assume that threats can exist both outside and inside the network. By verifying every access request as if it originates from an untrusted network, zero-trust principles can significantly reduce the attack surface and mitigate the risk of internal threats—a growing concern in today's cybersecurity environment.

The centralized management through NetCloud Manager, which brings together security and connectivity, is a significant advancement. It simplifies the security management process and provides a single-pane-of-glass view that is crucial for rapid threat detection and response. This unified approach to security management is a key factor in enhancing the overall security posture of organizations, particularly as they navigate the complexities of distributed networks and cloud environments.

The market for SASE solutions is rapidly expanding, with organizations increasingly recognizing the need for integrated networking and security solutions that can support dynamic, cloud-based environments. Cradlepoint's positioning as a 'Challenger' and 'Outperformer' in GigaOm's Radar for SASE is indicative of their growing influence in this market segment. Their focus on 5G optimization is particularly prescient given the accelerating deployment and adoption of 5G networks globally.

As organizations continue to distribute their workforce and adopt cloud services, the demand for SASE solutions that can provide comprehensive security at the edge is expected to rise. Cradlepoint's advancements in this area, including their recent acquisition of Ericom Software, suggest an aggressive strategy to capture market share and establish a leadership position in the emerging SASE market.

The phased introduction of their unified SASE solution over a 12-month period is a strategic move that may help them gain a first-mover advantage in offering a 5G-optimized SASE solution. This gradual rollout allows for market feedback and iterative improvements, which can be critical in refining the solution to meet the specific needs of enterprises.

Cradlepoint’s SASE solution recognized for its comprehensive 5G-optimized security capabilities

BOISE, Idaho, Feb. 20, 2024 (GLOBE NEWSWIRE) -- Cradlepoint, part of Ericsson and the global leader in cloud-delivered LTE and 5G wireless network solutions, has been named a Challenger and Outperformer in GigaOm’s Radar for Secure Access Service Edge. Noted as one of the “vendors to watch out for” due to its development of SASE solutions for 5G use cases, GigaOm rated Cradlepoint’s SASE solution “exceptional” in the categories of flexibility, configurability, manageability and vendor support.

“Addressing the need for a comprehensive 5G-optimized SASE solution with improved capacity, latency, and speed, and incorporating zero-trust principles, Cradlepoint’s SASE enables lean IT teams and SMBs to manage network access, security, and observability across 5G wireless connectivity in any hybrid WAN,” according to Ivan McPhee, Senior Industry Analyst at GigaOm.

The report also highlights the centralized management that will be offered through NetCloud Manager, bringing together security from Ericom and connectivity from Cradlepoint. As enterprises empower more staff with managed or unmanaged distributed devices, thereby increasing business agility, single-pane-of-glass visibility and management is paramount to enabling an equally agile security model.

“GigaOm’s recognition of Cradlepoint’s SASE solution as a challenger, outperformer and vendor to watch makes it clear that Cradlepoint remains at the forefront of SASE innovation,” said Donna Johnson, CMO at Cradlepoint. “Vendors are racing to converge networking and security. However, our focus on a cellular-optimized security and SD-WAN solution is another strong confirmation of our leadership position in providing enterprises with market-leading 5G-optimized and hybrid WAN solutions.”

Cradlepoint is also focusing its SASE strategy on the networks of the future by enabling network slicing capabilities within 5G standalone (SA) networks. With Cradlepoint’s SASE solution, enterprises can seamlessly unlock the enhanced security and performance capabilities of 5G SA, such as application-based traffic steering into network slices.

Following the acquisition of Ericom Software in April 2023, Cradlepoint announced the industry’s first 5G-optimized unified SASE solution which is being phased in over a 12-month period beginning July 12, 2023. To learn more about Cradlepoint’s performance in the report, please visit our web page, and to learn more about Cradlepoint security capabilities, please visit our Security Solutions page.

About Cradlepoint   
Cradlepoint enables the freedom to connect people, places, and things that drive more experiences, more ways to work, and better business results — anywhere. The company is a pioneer in Wireless WAN, offering advanced 4G and 5G routers and adapters — controlled through Cradlepoint NetCloudTM. Enterprise businesses and public sector agencies rely on Cradlepoint and its Cellular Intelligence to build a reliable, secure network wherever they need it, connecting fixed and temporary sites, vehicles, IoT devices, and remote employees. Headquartered in Boise, Idaho, Cradlepoint is a wholly owned subsidiary of Ericsson (NASDAQ: ERIC) and part of their Business Area Enterprise Wireless Solutions. It has international offices in Asia Pacific, Canada, Europe, India, and Latin America. www.cradlepoint.com

Contact   
Kelly Dorsey
Cradlepoint
cradlepoint@highwirepr.com


FAQ

What has Cradlepoint been recognized for in the GigaOm report?

Cradlepoint has been recognized for its exceptional 5G-optimized security capabilities in the Secure Access Service Edge (SASE) space.

What were some of the key strengths of Cradlepoint's SASE solution according to GigaOm?

According to GigaOm, Cradlepoint's SASE solution excelled in flexibility, configurability, manageability, and vendor support.

When did Cradlepoint announce the industry's first 5G-optimized unified SASE solution?

Cradlepoint announced the industry's first 5G-optimized unified SASE solution in April 2023.

What is Cradlepoint's focus regarding its SASE strategy for the future?

Cradlepoint is focusing its SASE strategy on enabling network slicing capabilities within 5G standalone (SA) networks.

What was highlighted as a key feature of Cradlepoint's SASE solution in the GigaOm report?

The report highlighted the centralized management offered through NetCloud Manager, integrating security from Ericom and connectivity from Cradlepoint.

Ericsson American Depositary Shares

NASDAQ:ERIC

ERIC Rankings

ERIC Latest News

ERIC Stock Data

26.64B
3.33B
10.62%
0.94%
Communication Equipment
Technology
Link
United States of America
Stockholm