Teneo becomes latest F5 Networks Premier partner
Published on: 01 March 2005
Innovative solution provider to focus on improving end user experience
Chertsey, UK, March 10th, 2005--F5 Networks, Inc. (NASDAQ: FFIV), the global leader in Application Traffic Management, announced today that Teneo, an innovative solutions provider has become its latest Premier Advantage Partner in the UK.
Teneo is a specialist in understanding and improving network and application performance and has clients in over 40 countries around the world. "This is a major strategic decision for us and a long term commitment to both the F5 product line and its underlying philosophy," explains Piers Carey, CEO, Teneo.
"We only work closely with three other partners and after looking extensively at the market, F5 offer the most comprehensive product range and best set of tools to compliment our specialist field of optimisation and improving user experience of IT."
Teneo has built a strong reputation in understanding and optimising complex networks to deliver better application performance without having to massively increase bandwidth or expensive infrastructure upgrades. It does this by providing solutions that improve performance through a range of optimisation techniques that deliver applications faster, securely and more efficiently. Flagship clients include BMW, Royal Mail, BT and a number of local government organisations including several London Boroughs and regional emergency services.
The F5 Premier Advantage Partner status was awarded to Teneo based on its extensive knowledge within the area, an excellent reputation in their market and financial stability.
"The flexibility and performance of key F5 products such as BIG-IP v9 and FirePass will allow us to implement solutions that enable our clients to maximise infrastructure investment while improving performance."
"We believe that strong F5 brand recognition will help us to approach a more conservative client base, while F5's continual development of advanced Application Traffic Management solutions will allow us to always be ahead of the technology curve," Carey concludes.
The quality of the F5 channel has helped it to achieve the greatest worldwide market share and revenue growth quarter over quarter for the Layer 4-7 (L4-7) Ethernet Switch total market segment. According to the latest Dell'Oro Group Report, F5 increased its L4-7 product revenue by $9.7 million, which is a 39 percent increase in revenue over the previous quarter. This represents a five percent market share gain and the highest quarterly revenue growth of any vendor in the segment.
"We are pleased to partner with an innovative and well respected solution provider such as Teneo," said Paul Coates, Regional Sales Director at F5 Networks. "Teneo have a reputation for excellence in its field and client roster of some of the biggest companies in Europe. We are very pleased to be working with them to ensure our solutions are delivered to customers in the best possible manner." he added.
For further information please contact media@teneo.co.uk
