Positive Technologies has been ranked the world’s #1 fastest growing vendor of security and vulnerability management (SVM) solutions by respected market intelligence firm International Data Corporation (IDC). Positive Technologies received this independent confirmation of its rising status in the global security market in IDC’s recently released report, Worldwide Security and Vulnerability Management Forecast for 2013-2017.
IDC’s detailed analysis of all the key players in the sector reveals that Positive Technologies grew at a rate of nearly 83% in 2012 while the overall market for SVM solutions grew at a rate of 9.4%. The SVM market continues to be diverse, with the top ten vendors accounting for just 44.5% of the overall market and only one vendor holding a market share greater than 10%.
“Public disclosures of security breaches and data loss incidents are leading companies the world over to seek tools to tackle increasingly sophisticated threats and privacy requirements,” according to Yury Maksimov, CEO of Positive Technologies. “Our organization continues to grow and succeed because we deliver technology with a much higher standard of results than the SVM solutions our clients have previously encountered. This level of excellence results from our investments in security research and our hands-on experience detecting vulnerabilities in the networks of global companies.”
Significantly, IDC predicts continued growth in the market for SVM solutions for at least the next several years as organizations face continued threats from organized cyber-attacks and growing requirements from auditors. IDC’s report describes SVM solutions as the “brains” of an organization’s security efforts, offering ways to supplement and validate existing security defenses. It also highlights how SVM solutions can help organizations to identify weaknesses in their defenses, gain a full picture of what is going on within their infrastructure and provide their executive team with crucial visibility of security issues.
For more information, download an excerpt from the IDC report.
International Data Corporation (IDC) is the premier global provider of market intelligence, advisory services and events for the information technology, telecommunications and consumer technology markets. IDC helps IT professionals, business executives and the investment community make fact-based decisions on technology purchases and business strategy. More than 1000 IDC analysts provide global, regional and local expertise on technology and industry opportunities and trends in over 110 countries worldwide. www.idc.com