Slide 1: Napatech A/S Capital Markets Day
Napatech A/S Capital Markets Day April 4, 2017 Oslo, Norway 1 Napatech A/S © Copyright 2017
Slide 2: Introduction
Introduction By Lars Thoresen, Chairman of the Board 2 Napatech A/S © Copyright 2017
Slide 3: Where We Left Off In 2016
Where We Left Off In 2016 MARKET LEADERIN MARKET LEADER IN MARKET MARKET LEADER LEADER FOR ACCELERATOR ACCELERATOR FOR NETWORK NETWORK RECORDER SOLUTIONS SOLUTIONS RECORDER SOLUTIONS SOLUTIONS FRONT-RUNNER FRONT-RUNNER THOUGTLEADER THOUGHT LEADER IN INACCELERATING ACCELERATING DRIVING DRIVING EXEPTI
Slide 4: Agenda
Agenda KEYNOTE THE SMARTNIC NAPATECH THE NAPATECH ROADMAP TO 100 INTRODUCTION SPEAKER OPPORTUNITY FINANCIALS OFFERING MUSD IN 2020 Lars Thoresen Ron Williams Jarrod J.S. Siket Henrik Brill Jensen Dan Joe Barry Henrik Brill Jensen Napatech IBM Security Napatech Napatech Napatech Napatech Chairman of
Slide 5: Keynote Speaker
Keynote Speaker Ron Williams Chief Architect IBM Security 5 Napatech A/S © Copyright 2017
Slide 6: CyberSecurity Trends 2017
CyberSecurity Trends 2017 The Year of Everything Napatech Capital Markets Day April 4th, Oslo, Norway Ron Williams, Chief Architect, Threat Intelligence and Protection ron. williams@us.ibm.com Copyright 2017 IBM Corporation Non-Confidential
Slide 7: Forward-looking statements (IBM)
Certain comments made in this presentation may be characterized as forward looking under the Private Securities Litigation Reform Act of 1995. Forward-looking statements are based on the company’s current assumptions regarding future business and financial performance. Those statements by their natu
Slide 8: Large data leaks archive
ITGB archive of fles trom a Turkish police servers ID copies anc othar 1.9 TB of inaider information ae personally idertifiable about European football players,‘ their salaries, GB of Flipino verer and contracts data | (Comolec) consisting cf half the country's vo: and includ ‘and pasapor: aaana 44.
Slide 9: Information wants to be expensive quote
On the one hand information wants to be expensive, because it's so valuable. The right information in the right place just changes your life. On the other hand, information wants to be free, because the cost of getting it out is getting lower and lower all the time. So you have these two fighting ag
Slide 10: News: OPM hack
& NEWS OPM Hack Far Deeper Than Publicly Acknowledged, Went Undetected For More Than A Year, Sources Say U.S. Suspects Hack By MIKE LEVINE Breached About 4 gun tt 2015 659 PM ET People’s Records, Officials Say e of the thefts of government data Federal Insider Tacks of OPM databases compromised 22.1
Slide 11: WikiLeaks CIA documents
| documents and files from an isolated, hig! the two-way curity n ork situated inside the Cl AMERICA or er Intelligence in Langley, Virginia. WikiLeaks Releases What It Calls CIA Trove Of Cyber- Espionage Documents March 7, 2017 - 12:03 PM ET GIZMODO Wikileaks Just Dumped a Ton of CAMILA DOMONOSKE A
Slide 12: Bank data breaches
M2 October 20g nig Biggest-ever U.S. data breach hits 100 JPMorgan discloses data million people with bank accounts breach affected millions ; JPMorgan fell victim to the largest theft of , customer data from a financial institution my) in US history oem: 2015 10,2015,10:12 AM 4 31,088 1AM Three cha
Slide 13: Healthcare breaches
B® usa Topay PO Ee 300 Soo Loo 10 Top Healthcare Breaches 12.5 Million Records Massive breach at health care company Anthem Inc. ,USATODAY 78.1 Million Records 2016 Data Breaches In Healthcare Totaled Over 112 Million Records In 2015 ° @ paloren HealthCare 112 Million Records Non-Confidential & Copy
Slide 14: McDonald's and Yahoo breaches
Security|ntelligence NEWS TOPICS ‘INDUSTRIES --X-FORCE RESEARCH MED reach McShame: McDonald's API Leaks Data for yews « a 2.2 Million Users New POS Malware Leverages McDonal irmed MeDelivery Breach After Being Cute rch Modular Sleight of Hand to Exfiltrate syn co Card Data By Douglas Borderud 1 Bill
Slide 15: Dyn DDoS attack
SecurityIntelligence — TorICS INDUSTRIES _X-FORGE RESEARCH aS = Forbes Multiphased DDoS Attack Causes Hours- The Dyn DDOS Attack Le ng Outages And The Changing ; Balance Of Online Cyber Power Kalev Leetaru, contrisuror FULL BIO Dyn DDoS attack: 5 takeaways un wien we niu and why it matters on-Canfid
Slide 16: Incidents & impact
incidents & impact {3 Communemione Size of circle estimates relative impact of breach in terms of cost to business Feb March April Non-Confidential & Copyright 2017 IBM Corporatior
Slide 17: Attack types over time
vanuary August Septerrber October Noverioer —-Deceiser 2015 Attack types o a a | Brute force Watering hole Physical Phishing SQLi Malvertising —_Misconfig. Malware Undisclosed access on-Canfidential & Copyright 2017 IBM Corporation
Slide 18: Attack types
Attack types Physical Brute force Misconfig. Malvertising Watering —_—Phishing i Malware Heartbleed Undisclosed access hole
Slide 19: 2017 Key Trends
2017 Key Trends - Internet of Things > Shifting Insider Motivation - The Rise of Ransomware and the business of CrimeWare - Distributed Denial of Service Non-Confidential & Copyright 2017 (BM Corporation
Slide 20: Internet of Things truths
* An loT device is a fit for purpose device that also has internet access the internet * Television * Vehicle ¢ Thermostat ¢ Light Bulb * Child’s Toy * Appliances ¢ Machinery * Camera/Video of things Five Undeniable Truths about loT 1 Devices will operate in hostile environments. 2 Software security
Slide 21: Insider actor motives
Financial I Espionage Grucge Fun © Everything Else Ideology Figure 28. Actor motive over time within Insider end Privilege Misuse, (n=715) Jon-Confidential & Copyright 2017 IBM Corporation
Slide 22: CyberCrime Sophistication
CyberCrime Sophistication + Highly distributed and segmented supply chain + Vulnerability Research - Exploit Development - Criminal Cloud Services for Hire (Botnet Command and Control) - Rent by minutes, hours, days, months - ‘Contact us for Volume Discounts!’ - Resilient, Distributed, and Highly Av
Slide 23: CrimeWare
CrimeWare - Ransomware - An increasingly profitable industry - 2015-2016 Prices Falling to meet ‘No Law Enforcement’ Demand Curve - Targeted Industries (Healthcare, #2 Attacked Industry) - Transportation POS (Ticket Terminals, BART) - Target’s of Opportunity Non-Canfidential 8 Copyright 2017 IBM Cor
Slide 24: Ransomware Referral Program
Ransomware Referral Program New Scheme: Spread Popcorn Time Ransomware, get chance of free Decryption Key By Lawrence Abram In order to win your free keys, just forward this email to your (former) Friends! If at least two get infected, you'll get free decryption keys! Non-Confidential & Copyright 20
Slide 25: Illicit online marketplaces
se Grams Coumerin Notas (ny Uso 217.08 ac wo xo ‘store fou oso | a pares OLoyat 088000808 @ Fraud Related e e = 10 erg Loar Scan USAT us0 1000 o Rent-A-Hacker GSO S3eo J LJ @ Opioids =) o Qo oa o e @ o ° = @ o oe ote 20 = ° Ss c Product Price Quantity Small Job like Email, Facebook etc hacking Mediu
Slide 26: Industries under attack 2016
industries under attack 2016 finance Industries most frequently breached in 2016 8,877 128,955, Information and communications a: ) 398,087,841 Government 39 204 Million Records Phan Servions AMDB 22 Incidents 42,008,947 Media and entertainment "37 19,574,000 Professional services 5 || Records breac
Slide 27: Attack sources by industry
attack sources by industry 2016 = [__! Non-Confidential 8 Copyright 2017 IBM Corporation
Slide 28: How should we then live?
ld) we then live? state actors) ort, share information, IBM Security
Slide 29: Kierkegaard quote
Life can only be understood backwards, but it must be lived forwards. ~ Seren Kierkegaard Copytight 2017 BM Corporation
Slide 30: Threat intelligence and references
threat intelligence and references IBM Security Intelligence: https://securityintelligence.com IBM X-Force Exchange: https://exchange.xforce.ibmcloud.com Napatech Blog: https://www.napatech.com/blog-page/ Kaspersky Labs: https://threatpost.com Verizon 2016 Data Breach Investigations Report: http://w
Slide 31: References (cont.)
references (cont. Cyberwar: Tech Republic: http://www.techrepublic.com/article/cyberwar-the-smart-persons-guide/ ZDNet: Snowden Legacy and the NSA of Everything: http://www.zdnet.com/article/snowdens-legacy-and-the-nsa-of-everything/ ZDNet: Security and Risk Management Overview: http://www.zdnet.com
Slide 32: The SmartNIC Opportunity
The SmartNIC Opportunity Jarrod J.S. Siket Chief Marketing Officer 32 Napatech A/S © Copyright 2017
Slide 33: Major Trends In Networking And Communications
Major Trends In Networking And Communications Cloud 5G Internet of Computing Mobile Things 4 25 25 50 50 By 2020 BILLION MILLION BILLION BILLION TRILLION Connected People Applications Embedded Systems Devices and Sensors Gbps of Data Source: IDC 33 Napatech NapatechA/S A/S © © Copyright 2017 Copyrig
Slide 34: Networking Disruption: Cloud-Mobile-IoT Era
Networking Disruption: Cloud-Mobile-IoT Era We can learn from history: Cloud-Mobile-IoT • Few events-horizons at this scale • Dominant firms disappeared • Small firms became household names Client -Server • This is not just the next one • It is the biggest one ever Mainframe Source: The 3rd Platform
Slide 35: The Cloud Sparked The Revolution
The Cloud Sparked The Revolution Traditional Data Center (3% CAGR) 600 50% 600 Cloud Data Center (2% CAGR) 500 500 8% 40% 485 92% 447 400 400 399 30% 346 $0.64 300 300 Cost per hour* 297 $0.48 20% 259 200 200 $0.35 25% $0.28 10% 100 75% $0.15 100 0 0% 0 2015 2016 2017 2018 2019 2020 2015 2016 2017 2
Slide 36: Applications Raced To The Cloud
Applications Raced To The Cloud Revenue Sourcecode Legal Bugs File Sharing Security Financial Email Logs Confidential intellectual property that will “never leave our walls for the cloud” in 2010….. ….Now support multi-billion UCS/PBX Credentials Payroll dollar Cloud SaaS companies. 36 Napatech Napa
Slide 37: Networks Are Transforming
Networks Are Transforming In Order To Achieve: • Cloud-Scale Performance • Cloud-Scale Innovation • Cloud-Scale Economics • Cloud-Scale Security • Cloud-Scale Orchestration A New Architecture Emerged: • Software Defined Networking • Network Virtualization • Server Virtualization • Network Functions
Slide 38: Networking Devices Transforming to Open Standard Compute
Networking Devices Are Transforming to Open Standard Compute Platforms From Closed, Proprietary Vertical Systems 38 Napatech A/S © Copyright 2017
Slide 39: SmartNICs: When Standard Servers And NICs Fail
SmartNICs: When Standard Servers And NICs Fail To Perform 40 60 16 16 35 14 50 30 12 CPU Usage (Cores) Throughput MPPS 37,2 7x 40 CPU Usage (Cores) 8x 40x 25 10 30 Performance Improvement 8 less CPU 20 less CPU usage usage 20 6 15 10 4 10 2 5 5 2 OVS with OVS with OVS with OVS with Software Compress
Slide 40: FPGAs Fulfill The Cloud-Scale Networking Vision
FPGAs Fulfill The Cloud-Scale Networking Vision FPGA Open, standard, programmable, fast Standard chipsets ASIC Configurable Cloud Architecture Closed, propriety Based on FPGAs Multi-year and multi-year revisions, unable revision cycles to offload SmartNIC Proprietary NPU CPU Closed, propriety Intel
Slide 41: New End-Users Emerge
New End-Users Emerge Cloud and Data Service Enterprise Infrastructure and Center Services Providers Defense Hyperscale Cloud Telco Fortune 5000 Civilian Operators Cable Banking Defense Managed Services Financial Intelligence Manufacturing Healthcare Napatech aims to be the provider of Enterprise Clo
Slide 42: High-Growth Applications Require SmartNICs
High-Growth Applications Require SmartNICs Cyber Security Big Data Mobile Infrastructure Testing Firewall Analytics 5G Load Balancer Quality of Experience Next-Gen Firewall Trading CORD SD-WAN Service Assurance Intrusion Detection Network Recording vEPC V-CPE Performance Monitoring Intrusion Prevent
Slide 43: New Routes to Market Emerge
New Routes to Market Emerge End-users Cloud and Data Service Enterprise Infrastructure center Services Providers and Defense Routes to market Network Security Appliance Server Server Software Enterprise Direct Napatech OEM OEM ODM OEM ODM ISV VAR Sales Web Store The expanding set of end-user demand,
Slide 44: The Time is NOW
The Time is NOW Market is ready for growth: • Cloud early adopter success • Mass markets preparing Large unit volume potential: • 12-15M servers shipped • 3-5M appliances shipped • Future CPUs with FPGA Sizeable Revenue within reach: • 15% of devices with SmartNICs • 2.25M Servers/appliances • $1.1B
Slide 45: SmartNIC Platform
Comprehensive Solution Provider SmartNIC Platform Partner Professional Channel Ecosystem Services Program Best in breed Ease of use Easy to buy Solution completion, Low activation energy, Satisfy end-user demand Application benchmarks Co-creation services via their preferred methods 45 Napatech A/S
Slide 46: SmartNIC Platform Portfolio
SmartNIC Platform Portfolio Application Open Commercial Store (Future) Source Application Open PANDION Compression Futures Engines Recorder Source Encryption, Search… Community Software Virtualization In-line Recorder (FPGA, driver, APIs) (OVS Offload) (Fast Path) (100% Capture) Hardware XS S M L XL
Slide 47: Napatech Aspiration
Napatech Aspiration Our In a Cloud-Mobile-IoT world, of software defined everything….. World Our Napatech aims to help companies reimagine their business, Company By bringing cloud-scale economies to every network Napatech’s Enterprise Cloud Networking Platform™ The Flexibly offloads and secures sta
Slide 48: Napatech Financials
Napatech Financials Henrik Brill Jensen Chief Executive Officer 48 Napatech A/S © Copyright 2017
Slide 49: Q1 2017 Sales
Q1 2017 Sales +17% Q1 Sales Highlights: • Strong development across business segments Q1 2017 sales of USD 8.2 million (7.0) • Development within 2017 revenue growth guidance of 10 – 20 % 49 Napatech A/S © Copyright 2017
Slide 50: Profit and Loss – Strong EBITDA Development
Profit and Loss – Strong EBITDA Development (Figures in MDKK) 2016 2015 2014 Profit and Loss Highlights: Revenue 234.7 216.7 182.3 • Strong platform for Gross profit 163.6 154.7 133.6 next growth cycle Gross margin 69.7 % 71.4 % 73.3 % • Cost focused and lean organization EBITDA 43.5 34.2 18.0 • Sol
Slide 51: Balance Sheet – 78% Equity Ratio
Balance Sheet – 78% Equity Ratio (Figures in MDKK) 2016 2015 2014 Balance Sheet Highlights: • Development projects, completed 75.7 70.1 54.3 • Development projects, in progress 22.5 12.4 8.7 Total non-current assets 105.0 91.4 87.6 • Development projects completed are the basis • Cash and cash equiv
Slide 52: Gross Margin Development
Gross Margin Development 80% Margin Development: • Gross margin is driven 75% by Accelerator product mix and growth in Pandion sales 70% • More aggressive go-to- market strategy could affect gross margin in 65% the longer run • 2017 gross margin 60% guidance of around 2011 2012 2013 2014 2015 2016 6
Slide 53: EBITDA Margin Development
EBITDA Margin Development 35% EBITDA margin: 30% • Highly scalable business model where revenue 25% growth drives EBITDA 20% • 2016 EBITDA margin of 19% 15% • 2017 EBITDA margin 10% guidance of around 20% 5% 0% Q1 Q2 Q3 Q4 2015 2016 53 Napatech A/S © Copyright 2017
Slide 54: The Napatech Offering
The Napatech Offering Dan Joe Barry VP Positioning and Chief Evangelist 54 NAPATECH INTERNAL Napatech DOCUMENT A/SDO © NOT Copyright 2017 EXTERNALLY DISTRIBUTE
Slide 55: Fundamental Need Of All Internet Users
Fundamental Need Of All Internet Users Stay Connected And Be Secure Increasing Internet dependence All services More moving to Stay connected sophisticated the cloud services and Users usage Be secure Faster Exploding network volumes speeds of data 55 Napatech A/S © Copyright 2017
Slide 56: Fundamental Need Of All Internet Users
Fundamental Need Of All Internet Users Stay Connected And Be Secure 174% Mobile App Year-over-Year Usage Growth in 2014 121% 103% Source: Flurry 89% 89% 74% Increasing 49% 33% 30% Internet dependence Lifestyle & Utilities & Messaging Health & Travel Sports News & Music, Games Shopping Productivity S
Slide 57: Fundamental Need Of All Internet Users
Fundamental Need Of All Internet Users Stay Connected And Be Secure Increasing Internet dependence Government Augmented All services More Services Reality moving to Stay connected sophisticated the cloud services and Online Banking Users usage Smart Remote Home Healthcare Be secure Faster Exploding
Slide 58: Fundamental Need Of All Internet Users
Fundamental Need Of All Internet Users Stay Connected And Be Secure Increasing Internet dependence All services More moving to Stay connected sophisticated the cloud services and TOTAL IP Traffic Per Users usage Month Source: Cisco VNI Report 2015 Be secure Faster Exploding network volumes speeds of
Slide 59: Fundamental Need Of All Internet Users
Fundamental Need Of All Internet Users Stay Connected And Be Secure Increasing Internet dependence All services More moving to Stay connected sophisticated the cloud services and Ethernet Speeds 400G Source: Ethernet Alliance Users usage 100G 200G 50G 40G Be secure 10G 25G Faster 5G Exploding 1G 2.5
Slide 60: Fundamental Need Of All Internet Users
Fundamental Need Of All Internet Users Stay Connected And Be Secure 600 Installed Workloads in Millions 8% Source: Cisco Global Cloud Index 2016 400 Increasing 92% Internet 200 25% dependence 75% 0 2015 2016 2017 2018 2019 2020 All services moving to Stay connected the cloud Users Be secure Faster E
Slide 61: Multitude Of Solutions For Connectivity And Security
Multitude Of Solutions Available To Ensure Connectivity And Security Network management Cybersecurity applications ensuring applications ensuring users stay connected users be secure 61 Napatech A/S © Copyright 2017
Slide 62: Applications Separate From User Services
Applications Separate From User Services Not Part Of The Data Delivery Path To The User Network management Cybersecurity applications ensuring applications ensuring users stay connected users be secure Users Services 62 Napatech A/S © Copyright 2017
Slide 63: Need Insight Into Service Data In Real-Time
Need Insight Into Service Data To Function In Real-Time Without Losing Any Of The Data Network management Cybersecurity applications ensuring applications ensuring users stay connected users be secure How to get access to reliable service data to ensure users stay connected and can be secure? Users
Slide 64: Napatech Smarter Data Delivery Solutions
Napatech Smarter Data Delivery Solutions Ensure Delivery Of Reliable Data For Analysis Network management Cybersecurity applications ensuring applications ensuring users stay connected users be secure Napatech Smarter Data Delivery Users Services 64 Napatech A/S © Copyright 2017
Slide 65: Napatech Smarter Data Delivery Solutions
Napatech Smarter Data Delivery Solutions Ensure Delivery Of Reliable Data For Analysis Typical Datacenter Some servers dedicated to Napatech ensures reliable With thousands of servers network management and data delivery to these supporting user services cybersecurity software ”appliance” servers Cy
Slide 66: The SmartNIC Opportunity Addressing More Applications
The SmartNIC Opportunity Addressing More Applications In The Datacenter Address more applications Bringing more power Delivering data to more running on other servers in and value to existing applications with accelerated the datacenter installed servers performance Encryption Compression Virtual Sw
Slide 67: Migration To The Cloud Driving Dependency, Growth
Migration To The Cloud Driving Dependency, Growth And Investment Increasing internet dependence All services More moving to Stay connected sophisticated the cloud services and Users usage Be secure Faster network Exploding speeds volumes of data 67 Napatech A/S © Copyright 2017
Slide 68: What Is The Cloud?
What Is The Cloud? Getting Someone Else To Host Your Software Traditional Private Hybrid Public Datacenter Cloud Cloud Cloud Use combination of Subscribe to various Buy, install and run all Buy, install and run all private cloud and services running remotely your enterprise software your enterprise
Slide 69: Migration To The Cloud Takes Time
Migration To The Cloud Takes Time Napatech Supporting Cloud Migration For Our Customers Public Clouds Hybrid Clouds Private Clouds Traditional Smarter Datacenters virtualized Data Delivery Smarter on-demand Data Delivery Smarter real-time Data Delivery Challenge to migrate network management and cyb
Slide 70: Napatech SmartNIC Solutions
Napatech SmartNIC Solutions Anticipating Migration Needs And Broadening Scope Napatech SmartNIC solutions for Napatech SmartNIC solutions Napatech SmartNIC solutions Smarter Real-Time Data Delivery for Smarter On-Demand Data Delivery for Smarter Virtualized Data Delivery Network Management Other Sof
Slide 71: Smarter Real-Time Data Delivery
Napatech SmartNIC Solutions Napatech Accelerators Smarter Real-Time Data Delivery • Our customers rely on Napatech Accelerators to deliver data at high-speeds and data volumes with zero data loss • The data delivered must be highly accurate and complete to ensure reliable analysis • Intelligent capa
Slide 72: Case Study: Yahoo Security Solution
Smarter Real-Time Data Delivery Case Study Napatech Accelerators Yahoo Security Solution The Challenge Solution Benefits Software specialist ntop was In partnering with Napatech, ntop • Guaranteed data delivery even at 100G engaged by Yahoo! to help develop developed a compact security solution • Be
Slide 73: Smarter On-Demand Data Delivery
Napatech SmartNIC Solutions Napatech Recorders Smarter On-Demand Data Delivery • Napatech Pandion is a scalable network recorder that captures, stores and delivers data on-demand • Focused on network recording of all network data providing users with the freedom to choose any analysis software • All
Slide 74: Case Study: Facebook - Data Recording
Smarter On-Demand Data Delivery Case Study Napatech Recorders Facebook - Data Recording The Challenge Solution Benefits To safeguard their enterprise from Napatech developed a custom • Uncompromised high-speed packet cyber threats, Facebook needed a solution that enabled investigation capture soluti
Slide 75: Smarter Virtualized Data Delivery
Napatech SmartNIC Solutions Napatech Virtualization Smarter Virtualized Data Delivery • Napatech NFV NIC is a versatile and flexible platform that supports multiple acceleration solutions for virtualized environments. • Napatech virtual switch acceleration solutions enable delivery of more data to m
Slide 76: Case Study: Nokia - Compression Acceleration
Smarter Virtualized Data Delivery Case Study Napatech Virtualization Nokia - Compression Acceleration Challenge Solution Benefits Nokia had encountered a Napatech provided a Proof-of- • Solution used 1 core instead of 40 for performance bottleneck related Concept solution based on the software compr
Slide 77: The Roadmap to 100 MUSD by 2020
The Roadmap to 100 MUSD by 2020 Henrik Brill Jensen Chief Executive Officer 77 Napatech A/S © Copyright 2017
Slide 78: CMD 2016 vs CMD 2017
CMD 2016 CMD 2017 Established Napatech growth strategy Current market trends strongly validate Napatech growth strategy Set $100M USD business aspiration Reaffirms aspirational business growth for 2020 plans for 2020 Accelerated investments in Expanding reach through marketing, development, sales an
Slide 79: 2020 Strategy Secured by Strong Technology, Portfolio and Organization
2020 Strategy Secured by Strong Technology, Portfolio and Organization Expanding the core LEADING TECHNOLOGY EXPANDING THE CORE FIRM STRATEGIC EXECUTION Repackage solutions and Napatech is the leader in Focus on pursuing and technologies to fit diverse FPGA-based solutions, exploiting emerging marke
Slide 80: Accelerated Growth Path Towards 2020
Accelerated Growth Path Towards 2020 • Robust portfolio of current customers 100 provides strong business foundation and MUSD additional growth opportunities • Catalogue of ongoing co-creation deployments with market leading customers based on strategic relationships • Emerging SmartNIC opportunitie
Slide 81: Management's Outlook
Management’s Outlook Napatech’s strategy is to be the #1 vendor of Smarter Data Guidance for 2017: Delivery solutions, leading to an ambition of a 100 MUSD top-line by 2020, based on a strong product portfolio • Revenue growth 10% - 20% powered by leading-edge core technology • Gross margin around 6
Slide 82: Stay Informed - Follow Napatech!
Stay Informed - Follow Napatech! WANT TO LEARN MORE? …about Napatech, Smarter Data Delivery, SmartNICs, IoT, cloud computing, 5G Mobile, and other trends in the industry? Sign up for the Napatech News Sign up for OSE news Follow us on social media 82 Napatech A/S © Copyright 2017
Slide 83: Q&A Session
Q&A Session NAPATECH INTERNAL Napatech Napatech A/S A/S DOCUMENT © DO© NOT Copyright Copyright 2017 EXTERNALLY DISTRIBUTE 2017 83