Several analyst firms have reported recently about the state of the SD-WAN market, and not surprisingly, the market sizing is definitely due to inclusion of both hardware and software, and in Cisco’s case, contributions from Meraki. That’s the conclusion of AvidThink analyst Roy Chua, who believes that there could be a $500 million differential between pure SD-WAN software revenue and everything else deployed in the branch including hardware, circuits and wireless access only. Given that Versa is one of the few if not only pure-play SD-WAN vendors that from a revenue recognition standpoint is software only, devising a methodology that…
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