Sophos, a world leader in IT security and control, has announced significant growth for its final quarter, ending 31 March 2007, led by the North American market.
Sophos' worldwide bookings increased by 40%, with growth in North America topping 70% compared to the same quarter last year. The company also experienced strong growth in Europe, South Africa and Asia Pacific.
The percentage of growth at Sophos, which is headquartered in Boston, Massachusetts 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 2 000 enterprises switched to Sophos during the quarter from our competitors," says 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 in January, which is expected to contribute more flagship account wins in the current quarter.
One example of Sophos' 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, e-mail and end-point solutions," continues Munford. "We anticipate further major corporate defections from Symantec and McAfee as the market recognises there is a serious challenger to the legacy security vendors."
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Sophos is a world leader in integrated threat management solutions, developing protection against viruses, spyware, spam and policy abuse for business, education and government. Headquartered in the UK, Sophos' reliably engineered, easy-to-operate products protect more than 35 million users in more than 150 countries. Through 20 years' experience and a global network of threat analysis centres, the company responds rapidly to emerging threats - no matter how complex - and achieves the highest levels of customer satisfaction in the industry.
NetXactics
NetXactics is a South African-based company, focused on the provision of security solutions. It is the master distributor for UK-based Sophos, one of the leaders in the provision of anti-virus and anti-spam software for the corporate environment. For more information, visit NetXactics at www.netxactics.co.za.
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