The BFSI vertical is inclusive of commercial banks, insurance institutes, and non-banking financial organizations, which provide financial products and services. The BFSI vertical offers tremendous opportunities for the growth of the cloud VPN market, as there is a significant need in this vertical for improved connectivity and internet access to carry out the financial transactions with ease and security. The cloud-based technologies enable a secure deployment of the virtual network to help in sharing critical information among the financial institutions. It is expected that the majority of the organizations operating in and across the BFSI vertical would quickly adopt cloud VPN solutions to reap the benefits of cloud technologies.

TOP VENDORS
In Cloud VPN Software

  1. CISCO Virtual Managed Services
    1 Reviews
    3.6
  2. HUAWEI CloudVPN solution
    0 Reviews
    3.3
  3. MICROSOFT Azure VPN Gateway
    0 Reviews
    3.2

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Cloud VPN Software in BFSI Quadrant

Comparing [object Object] vendors in Cloud VPN Software across 91 criteria.
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KEY BUYING CRITERIA

Below criteria are most commonly used for comparing Cloud VPN Software tools.
Product Maturity
Company Maturity
Most IMPORTANT
0.0
0.0
0.0
Breadth and Depth of Product Offering
3.65
2.95
3.00
Product Features and Functionality
4.60
4.45
4.15
Product Differentiation and Impact on Customer Value
3.50
3.15
2.15
Product Quality and Reliability
3.20
4.50
3.65
LEAST IMPORTANT LESS IMPORTANT

TOP VENDORS

  • Cisco product offering enables enterprise to connect to the multiple sites by providing secure connectivity along with firewall services for accessing internet services.

    BUYERS
    VENDORS
    EXPERTS
    3.6
    ANALYSTS
     
    • Enterprise
    • California, US
    • Founded: 1984
    • S10BN to $50BN
    • 50,001 to 75,000
  • Huawei’s cloud VPN solution helps enterprises to overcome issues, such as long service provisioning period, inflexible enterprise service delivery, and separated cloud and pipe services, associated with the traditional VPN solutions.

    BUYERS
    VENDORS
    EXPERTS
    3.3
    ANALYSTS
     
    • Enterprise
    • Shenzhen, Guangdong, China
    • Founded: 1987
    • $50BN to $100BN
    • 1,00,001 to 5,00,000
  • Microsoft provides virtual network services on its open and flexible cloud computing platform, Microsoft Azure, which enables enterprises to deploy their private network in the cloud.

    BUYERS
    VENDORS
    EXPERTS
    3.2
    ANALYSTS
     
    • Enterprise
    • Washington, US
    • Founded: 1975
    • More than $100 BN
    • 1,00,001 to 5,00,000
  • Google Cloud VPN securely provides a connection from on-premises networks to GCP Virtual Private Cloud (VPC) networks. It also provides IPSec standards to VPN for secure and safe transfer of data. It can be configured as site-to-site VPN and can have multiple tunnels in single VPN gateways.

    BUYERS
    VENDORS
    EXPERTS
    3.0
    ANALYSTS
     
    • Enterprise
    • California, US
    • Founded: 1998
    • More than $100 BN
    • 75,001 to 1,00,000
  • Array offers SSL VPN virtual appliances that can be deployed in private clouds on any common hypervisor or in public clouds, such as AWS, VMware vCloud Air, and Oracle Cloud.

    BUYERS
    VENDORS
    EXPERTS
    2.8
    ANALYSTS
     
    • Enterprise
    • Milpitas, California, US
    • Founded: 2000
    • 101 to 500
  • Oracle Networking OPC – Site to Site VPN provides a cost-effective, secured, and reliable connection for enterprises connecting to various sites. It enables organizations to connect with OPC with IPSec tunnels that enhance the security in the network.

    BUYERS
    VENDORS
    EXPERTS
    2.8
    ANALYSTS
     
    • Enterprise
    • California, US
    • Founded: 1977
    • 1,00,001 to 5,00,000
  • NCP’s cloud VPN solution enables the companies’ employees to access enterprise networks securely with the help of the managed solution. It offers one of unique features multi-user capabilities, in which multiple users can access the system at the same time.

    BUYERS
    VENDORS
    EXPERTS
    2.8
    ANALYSTS
     
    • Enterprise
    • Nuremberg, Germany
    • Founded: 1986
    • 101 to 500
  • BT offer Ethernet VPN service mainly to the businesses. The BT's VPN service leverages the Generic Ethernet Access (GEA) or Ethernet in the First Mile (EFM) access technologies. The key benefits of VPN service includes flexible, secure, and scalable service to the customers.

    BUYERS
    VENDORS
    EXPERTS
    2.6
    ANALYSTS
     
    • Enterprise
    • London, UK
    • Founded: 1969
    • S10BN to $50BN
    • 1,00,001 to 5,00,000
  • RobustVPN is a cloud VPN software suite that helps set up secure VPN tunnels between RobustVPN and remote R3000 routers, so that the user can access the remote site from anywhere, anytime.

    BUYERS
    VENDORS
    EXPERTS
    2.5
    ANALYSTS
     
    • Enterprise
    • Guangzhou, China
    • Founded: 2010
    • 501 to 1,000
  • Singtel’s VPNaaS supports both site-to-site VPN and remote site VPN. In the site-to-site VPN cloud, the sites are connected through Singtel VPN cloud to form a secure intranet.

    BUYERS
    VENDORS
    EXPERTS
    2.5
    ANALYSTS
     
    • Enterprise
    • Comcentre, Singapore
    • Founded: 1879
    • S10BN to $50BN
    • 20,001 to 25,000
  • Vodafone IP-VPN service has been used across 183 countries. Vodafone VPN service provide businesses a seamless connectivity, which is powered by MPLS network.

    BUYERS
    VENDORS
    EXPERTS
    2.4
    ANALYSTS
     
    • Enterprise
    • Newbury, Berkshire, UK
    • Founded: 1991
    • $50BN to $100BN
    • 75,001 to 1,00,000
  • Deutsche Telecom deliver IP-VPN solution, which is powered by Deutsche Telekom’s MPLS backbone network. In addition to this, company also offer IP-VPN mobile access solution that provide seamless connectivity to the customers.

    BUYERS
    VENDORS
    EXPERTS
    2.4
    ANALYSTS
     
    • Enterprise
    • Bonn, Nordrhein-Westfalen, Germany
    • Founded: 1995
    • $50BN to $100BN
    • 1,00,001 to 5,00,000
  • Ericsson's Virtual Private Network (VPN) is installed on commercial off the shelf (COTS) hardware using virtualization software. This provides cost efficiency. It provides experience of corporate mobile phones connected with company's virtual private branch exchange (PBX).

    BUYERS
    VENDORS
    EXPERTS
    2.3
    ANALYSTS
     
    • Enterprise
    • Kista, Stockholm , Sweden
    • Founded: 1876
    • S10BN to $50BN
    • 1,00,001 to 5,00,000
  • Megapath' hosted VPN solution help businesses to communicate securely from any location across the globe. The company use end-to-end encryption to provide highly secure connectivity by blocking suspicious traffic.

    BUYERS
    VENDORS
    EXPERTS
    2.0
    ANALYSTS
     
    • Enterprise
    • Pleasanton, CA, US
    • Founded: 1996
    • 101 to 500
  • Mirantis provide VPN as a Service over OpenStack. This VPN service is very scalable and flexible and is accessible, both via Horizon GUI and command-line/client-remote.

    BUYERS
    VENDORS
    EXPERTS
    1.9
    ANALYSTS
     
    • Enterprise
    • Campbell, California, US
    • Founded: 1999
    • 501 to 1,000
  • Cohesive Networks offers VNS3, a virtual networking software that provides a secure encrypted connection from a system to cloud deployment. VNS3:vpn is the VPN solution offered by the company, which facilitates the deployment of the company’s virtual network in the cloud.

    BUYERS
    VENDORS
    EXPERTS
    1.8
    ANALYSTS
     
    • Enterprise
    • Chicago, Illinois, US
    • Founded: 2006
    • 51 to 100
  • Aerohive provides software based VPN solution, which is compliant by VMware equipment. The key benefits of Aerohive's solution includes dynamic routing integration, higher scalibility, and license free VPYN tunnel termination.

    BUYERS
    VENDORS
    EXPERTS
    1.6
    ANALYSTS
     
    • SME
    • Rothrist, Switzerland
    • Founded: 2006
    • $101MN to $500MN
    • 51 to 100
  • Tencent cloud VPN service allows customers to transfer data between local IDCs and Tencent cloud resources. The VPN service leverages Internet Key Exchange (IKE) protocol.

    BUYERS
    VENDORS
    EXPERTS
    1.6
    ANALYSTS
     
    • Enterprise
    • Tencent Binhai Mansion, Nanshan District, Shenzhen, China
    • Founded: 1998
    • 10,001 to 15,000
  • CipherGraph provides cloud-based VPN service that allows businesses to communicate over public network.

    BUYERS
    VENDORS
    EXPERTS
    1.4
    ANALYSTS
     
    • Startup
    • Pleasanton, CA, US
    • Founded: 2011
    • 1 to 50
  • AVOXI offer VPN solution for cloud security. The company addresses security concerns by adding additional security layers to solutions.

    BUYERS
    VENDORS
    EXPERTS
    1.2
    ANALYSTS
     
    • Enterprise
    • Atlanta, Georgia, United States of America
    • Founded: 2001
    • 101 to 500
  • Nuage Network's Virtual Network Services (VNS) service provide deployment option for branch VPN service. Businesses can add new capabilities to their existing VPN and MPLS offerings using VNS service.

    BUYERS
    VENDORS
    EXPERTS
    0.9
    ANALYSTS
     
    • Startup
    • Mountain View, California, US
    • Founded: 2014
    • Below $10 MN
    • 51 to 100

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