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Network Functions Virtualization (NFV)

Definition - What does Network Functions Virtualization (NFV) mean?

Network functions virtualization (NFV) increases and improves network function as well as managing networks. It does so by transforming the way architect networks deliver network services. This is an architectural and creatively designed procedure which chains together different classes of network nodes and creates a form of communication or makes particular information available to users.

Techopedia explains Network Functions Virtualization (NFV)

Network functions virtualization can be used effectively to decouple network services. It can be used as an alternative for load balancers, routers and firewalls. The network proprietors do not have to buy dedicated hardware devices in order to carry out their work or create a service chain or group at any point. Operating expenses can be reduced considerably as a result of network functions virtualization and work can be performed conveniently and with fewer operating troubles.

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