McAfee has created a new business unit to enhance and expand the company's software-as-a-service offerings.
The business unit will be responsible for all products within McAfee delivered over the Internet, including security scanning services, Web and e-mail security services and remote managed host-based security software and hardware.
Dave DeWalt, McAfee president and CEO, says: "We're positioning McAfee for sustained growth by building the scale and scope the company needs for the future. The new business unit will enable us to further strengthen our current solutions and introduce new, innovative services. We continue to drive toward our goal of becoming the world's number one security vendor."
Analyst firm IDC predicts the worldwide IT SaaS market will reach nearly $20 billion in revenue by 2012, from just under $9 billion in 2008.
McAfee has named Marc Olesen senior VP and GM of the SaaS Security Business Unit. Olesen says: "In today's economic climate, SaaS is an appealing option for IT leaders because of its cost-effectiveness. There is significant pressure to reduce spending while maintaining high levels of service, and McAfee's SaaS offerings help companies do both by allowing them to adopt what they need right now and to adjust as their business needs evolve."
The McAfee SaaS Security Business Unit adds to McAfee's other business units, which provide increased focus, responsiveness, and accountability within the diverse security business. Each unit is designed to be entrepreneurial and responsive within a specific market, moving quickly to seize emerging opportunities and foster focus and familiarity within a particular market and its customers, the company notes.
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