Less Ads, More Data, More Tools Register for FREE

Pin to quick picksBatm Advanced Regulatory News (BVC)

Share Price Information for Batm Advanced (BVC)

Share Price is delayed by 15 minutes
Get Live Data
14.50    -0.50 (-3.33%)
Bid:
14.15
Ask:
14.45
Spread: 0.30 (2.12%)
Market Cap: £49.31m
BVC Live PriceLast checked at - London Stock Exchange

Intraday Batm Advanced Share Chart

Launch of Edgility networking NFV-based ecosystem

12 Jul 2021 07:00

RNS Number : 8346E
BATM Advanced Communications Ld
12 July 2021
 

LEI: 213800FLQUB9J289RU66

12 July 2021

 

BATM Advanced Communications Limited

("BATM" or "the Group")

 

Launch of Edgility networking NFV-based ecosystem

Release of Fast SD-WAN & Firewall as first Edgility dedicated package

 

BATM (LSE: BVC; TASE: BVC), a leading provider of real-time technologies for networking solutions and medical laboratory systems, announces that its Telco Systems subsidiary has launched Edgility, an ecosystem of networking products and services based on its network function virtualisation ("NFV") technology. In addition, Telco Systems has released its first dedicated package under the Edgility product suite, which is a Fast SD-WAN & Firewall offering that provides secure network connectivity for the small office and home office ("SOHO") market.

 

Edgility is founded on the Group's NFV operating system, Edgility OS (formerly NFVTime). This enables Edge compute whereby data processing takes places at the network edge, nearer to the end device, to improve response times and save bandwidth. With the recent global trends of increased remote working, the Group believes there is a significant opportunity for the provision of connectivity solutions utilising Edge compute for the underserved SOHO market. In addition, Edge compute is fundamental in enabling Internet of Things ("IoT") technologies.

 

The Group's Fast SD-WAN (software-defined wide-area network) & Firewall package provides a branch or home office with a secure network connection at a cost-effective price by adopting a novel approach to connectivity. Fast SD-WAN bypasses the need for a dedicated MPLS or SD-WAN line at the core of the network, which are resilient but costly, by leveraging multiple lines and the compute power at the edge device. This provides optimal bandwidth across the entire network by using application-based traffic prioritisation.

 

The Group is targeting the package at telecoms service providers and distributors to the SOHO market. By adopting Edgility Fast SD-WAN & Firewall, they will be able to offer their enterprise customers a secure access service edge ("SASE") solution that is low cost and quick to provision thereby reducing the time to return on investment. With the increasing digitalisation of business - resulting in a proliferation of devices and applications - combined with work-from-anywhere initiatives, Gartner predicts that by 2025, at least 60% of enterprises will have explicit strategies and timelines for SASE adoption encompassing user, branch and edge access, up from 10% in 2020.

 

Edgility Fast SD-WAN & Firewall comprises a small, rugged device developed by Telco Systems, which is pre-packaged with Edgility OS integrated with Clavister's SD-WAN and class A firewall. The devices are deployed at the central office and at the branch office or employee homes, with a simple installation process. This provides the remote locations with the same level of security and connectivity as the central office at the core.

 

Dr Zvi Marom, CEO of BATM, said: "'Edgility' reflects our focus on driving innovation at the network edge, which is underpinned by our network function virtualisation technology. With the increasing digitalisation of business and emergence of widespread hybrid working, there is growing demand for Edge compute solutions and a significant opportunity to establish an early-mover foothold in this nascent market. Our Fast SD-WAN & Firewall package has been launched to target this opportunity with what we believe is a unique ability to provide secure connectivity at a comparatively low cost and with a simple set up. We believe there is great potential for this offering, which also expands our NFV activities."

 

Enquiries:

 

BATM Advanced Communications

Dr Zvi Marom, Chief Executive Officer

+972 9866 2525

Moti Nagar, Chief Financial Officer

Shore Capital

Mark Percy, Anita Ghanekar, James Thomas (Corporate Advisory)

Henry Willcocks (Corporate Broking)

+44 20 7408 4050 

Luther Pendragon

Harry Chathli, Claire Norbury

+44 20 7618 9100

 

This information is provided by Reach, the non-regulatory press release distribution service of RNS, part of the London Stock Exchange. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.Reach is a non-regulatory news service. By using this service an issuer is confirming that the information contained within this announcement is of a non-regulatory nature. Reach announcements are identified with an orange label and the word “Reach” in the source column of the News Explorer pages of London Stock Exchange’s website so that they are distinguished from the RNS UK regulatory service. Other vendors subscribing for Reach press releases may use a different method to distinguish Reach announcements from UK regulatory news.RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
NRAZZGMNZMZGMZM
Date   Source Headline
11th Apr 20072:00 pmBUSTelco Systems Total FTTH Solution Now Approved for USDA's Rural Utilities Service
27th Mar 20077:56 amRNSHolding(s) in Company
19th Mar 20073:18 pmRNSHolding(s) in Company
19th Mar 200712:30 pmBUSTelco Systems Partners with AFL Telecommunications with ''FTTH Made Easy(tm)''
16th Mar 20077:02 amRNSRUS approval
28th Feb 20077:02 amRNSFinal Results
13th Feb 200711:30 amRNSNotice of Results
12th Feb 20077:01 amRNSChange of Adviser
27th Dec 20063:29 pmRNSTotal Voting Rights
14th Dec 20067:00 amRNSLie Detector for Skype
11th Dec 20067:00 amRNSTrading Update
11th Dec 20067:00 amRNSContract Win
4th Dec 20063:08 pmBUSTelco Systems Launches New Generation of Carrier-Class AdvancedTCA Blades for Carrier Ethernet and High Availability Applications
9th Nov 20065:46 pmBUSTelco Systems Successfully Completes Multi-Vendor Carrier Ethernet Interoperability Testing
22nd Sep 20062:20 pmRNSHolding(s) in Company
20th Sep 20062:55 pmBUSTelco Systems Acquires IP-DSLAM Technology; Acquisition of Critical Telecom Assets Strengthens IP Offering
14th Sep 20067:00 amRNSInterim Results
29th Aug 20064:42 pmRNSSecond Price Monitoring Extn
29th Aug 20064:36 pmRNSPrice Monitoring Extension
21st Aug 200610:30 amRNSNotice of Results
6th Jul 20067:00 amRNSAGM Statement
30th Jun 20068:00 amRNSCompletion of acquisition
21st Jun 20067:02 amRNSAcquisition
24th May 200611:15 amRNSDirector/PDMR Shareholding
23rd May 200611:52 amRNSRe Contract
21st Mar 20067:03 amRNSBATM Signs an OEM Agreement
15th Mar 20067:01 amRNSFinal Results
2nd Mar 20067:02 amRNSNotice of Preliminary Results
21st Feb 20067:03 amRNSBATM Receives First Orders
15th Dec 20054:41 pmRNSSecond Price Monitoring Extn
15th Dec 20054:37 pmRNSPrice Monitoring Extension
25th Nov 20057:00 amRNSDirector/PDMR Shareholding
24th Nov 20057:02 amRNSMajor Long-Term Contract
17th Nov 20054:41 pmRNSSecond Price Monitoring Extn
17th Nov 20054:37 pmRNSPrice Monitoring Extension
12th Sep 20057:03 amRNSBATM Launches the KishKish
27th Jul 20057:00 amRNSBATM acquisition of assets
21st Jul 20058:00 amRNSPhilippines FiberCity Deploys
1st Jul 200510:00 amRNSAGM Statement
9th May 200510:45 amPRNRe Contract
15th Apr 200510:46 amPRNre Management
17th Mar 20057:01 amPRNFinal Results
17th Mar 20057:00 amPRNRe Contract
11th Mar 20054:36 pmRNSPrice Monitoring Extension
7th Mar 200512:16 pmPRNNotice of Results
1st Mar 20054:37 pmRNSPrice Monitoring Extension
24th Jan 20059:41 amPRNYear-end Trading Update

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.