BATM Advanced Communications Limited (LON:BVC) has announced that its Telco Systems unit has established partnerships with a number of leading telecoms organisations offering joint solutions for network virtualisation which the firm estimates has a sales value to it of US$200mln over the next few years.
The group said the move represents a significant advancement of BATM's strategy to leverage the telecom-industry transition from hardware to Network Function Virtualisation (NFV) and Software-Defined Networking (SDN).
It added that the partnerships, which have been established in recent months, include leading providers of central processing unit (CPU) technology, white box hardware and across a range of virtual network functions.
BATM's management believes that its total addressable market, specifically for NFV applications, that it can target through these partnerships is worth approximately US$200m over the next three years as the industry develops.
The group said it intends to establish further partnerships in due course and expects the value of its addressable market to grow accordingly.
It noted that the latest milestone is the launch, together with 6WIND - a high-performance networking software company and leader in the vRouter market - of the industry's first vRouter for software-based remote management of router services.
The new router enables service providers to rapidly launch and remotely deploy and modify managed router services on a standalone basis or combined with additional virtual network functions.
Dr Zvi Marom, BATM's chief executive officer, said: "We are delighted with the progress that we have achieved in network function virtualisation, which is a key target growth-market for BATM's networking and cyber division.
“With the establishment of these partnerships - with the leaders in their field - we are seeing our strategy come to fruition as our solutions can form part of any NFV and SDN applications.”