Forward Networks Sees 175% Surge in Multi-Year Deals as AI-Driven Demand Accelerates
Event summary
- Forward Networks closed 2025 with a 175% surge in multi-year deals, driven by new customer acquisitions and expanded adoption across existing clients.
- The company saw a 30% increase in new financial services and technology customers, along with triple-digit growth in the media and entertainment sector.
- Product advancements in 2025 included streamlined vulnerability management with CISA KEV integration and expanded discovery of network-edge endpoints.
- Forward Networks strengthened its leadership team with the appointments of Sanjay Mehta as chief marketing officer and Bobby Condon as chief revenue officer.
- The company received several industry recognitions, including being named a 'Great Place To Work' and an 'Outperformer' in GigaOm's Network Validation and Network Observability Radar Reports.
The big picture
Forward Networks' record 2025 performance underscores the growing demand for precise network management solutions in an era of accelerating AI and automation initiatives. The company's ability to provide mathematically accurate models of network behavior positions it as a critical player in helping organizations manage the complexity of hybrid IT estates. As digital transformation continues to reshape industries, Forward Networks' strategic focus on security, compliance, and operational efficiency will be key to its sustained growth.
What we're watching
- Market Expansion
- How Forward Networks' international expansion, including a new office in Japan and continued growth across Europe, will impact its market share and revenue growth in 2026.
- Product Innovation
- Whether the company's product advancements in security posture and compliance will sustain its competitive edge in the network digital twin market.
- Leadership Impact
- The pace at which the new leadership team can drive growth and scale the company, given their experience in hypergrowth environments.
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