Security news9 May 2007
Sophos records 40% enterprise security growth in March quarter – outstripping rivals Symantec and McAfee Corporations switch to Sophos, as integrated products demonstrate benefits of security and control
Over 2000 enterprises switched to Sophos during the quarter.
Sophos, a world leader in IT security and control, today announced significant growth for its final quarter, ending March 31, 2007, led by the North American market. Sophos's worldwide bookings increased 40% with growth in North America topping 70% compared to the same quarter last year. The company also experienced strong growth in both Europe and Asia Pacific.
The percentage of growth at Sophos, which is headquartered in Boston, MA and Oxford, UK, substantially exceeded that of Symantec and McAfee.
"We're seeing a considerable rise in competitive displacements, which are primarily customers switching from legacy security vendors Symantec or McAfee to Sophos. Over 2000 enterprises switched to Sophos during the quarter from our competitors," said Steve Munford, CEO of Sophos. "Companies are finding that they don't have to live with the pain of their existing solutions, and that there is an alternative that can deliver considerable benefits. Sophos is uniquely positioned to deliver a single client and integrated policies at desktops and gateways, fighting the threat and lowering management complexity and cost."
These results exclude the effect of the purchase of leading Network Access Control (NAC) vendor, Endforce Inc. in January, which is expected to contribute more flagship account wins in the current quarter. One example of Sophos's success at displacing other security vendors was the announcement last quarter that Miami-Dade County Public Schools, the fourth largest school district in the US, had seamlessly accomplished the switch from McAfee for its 90,000 strong highly distributed network.
"NAC is a great driver of interest in our complete security and control platform of web, email and endpoint solutions," continued Munford. "We anticipate further major corporate defections from Symantec and McAfee as the market recognizes that there is a serious challenger to the legacy security vendors."
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About Sophos
More than 100 million users in 150 countries rely on Sophos as the best protection against complex threats and data loss. Sophos is committed to providing security and data protection solutions that are simple to manage, deploy and use and that deliver the industry's lowest total cost of ownership. Sophos offers award-winning encryption, endpoint security, web, email, and network access control solutions backed by SophosLabs - a global network of threat intelligence centers. With more than two decades of experience, Sophos is regarded as a leader in security and data protection by top analyst firms and has received many industry awards.
Sophos is headquartered in Boston, US and Oxford, UK. More information is available at www.sophos.com.
See also:
- Sophos: 20 years of security innovation
- Sophos selected by CDC Software for protection of their global network
- Heinz chooses Sophos for web, desktop and application security
- GE completes agreement for Sophos's Integrated Security & Control Solution
- Sophos reviews, awards and certifications
- Sophos company profile
- Find out more about Sophos products
