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Leading Analyst Firm Ranks Qualys #1 for Third Consecutive Year in Device Vulnerability Assessment Worldwide for 2010 Vendor SharesQualys Increases Market Revenue Share and Furthers Adoption in Forbes Global 100 and Major Global Indices (January 24, 2012)
REDWOOD SHORES, CA -- (Marketwire) -- 01/24/12 -- Qualys, Inc., the leading provider of cloud-based information security and compliance management solutions, today announced that IDC ranked the company number one for Worldwide Device Vulnerability Assessment Revenue Share for 2010 by Vendor for the third consecutive year with 14.9 percent growth. This growth, documented in the Worldwide Security and Vulnerability Management 2011-2015 Forecast and 2010 Vendor Shares (Doc # 231292), is contributed to accelerated adoption of Qualys' cloud-based security and compliance solutions by global enterprises. To date Qualys has gained the following adoption to its cloud-based services within global indices including 50 percent of the Forbes Global 100, 48 percent of the Fortune 100, 60 percent of Dow Jones 30, 41 percent of NASDAQ 100, 43 percent of DAX 30, 58 percent of CAC 40, 41 percent of FTSE 100 and 17 percent of Nikkei 225.
"Qualys continues to grow its market share with comprehensive vulnerability management services that help organizations proactively scan critical assets and take the action needed to reduce risk," said Charles Kolodgy, research vice president for security products at IDC. "Qualys has also effectively used its cloud-based delivery model to offer low cost, comprehensive services that are easily integrated with partner solutions so organizations can quickly respond to rapidly evolving threats."
IDC predicts Worldwide Vulnerability Assessment Market revenues will grow by 9.7 percent from 2010 to 2015, with a projected value in 2015 of $1.2B. "Given the importance of risk management, government regulations, and exposure through vulnerabilities, the security and vulnerability management market is full of opportunity," said Kolodgy in the report.
"IDC's market forecast for vulnerability assessment in conjunction with its prediction that IT spending on cloud services will double over the next three years underscores the importance of delivering security that adapts to the fast-evolving threat landscape and easy to implement," said Philippe Courtot, chairman and CEO for Qualys. "Qualys' significant market adoption is directly attributed to our innovative cloud-based model for security and compliance allowing our customers to identify risk and protect themselves against cyber attacks at a fraction of the cost of traditional enterprise software."
IDC defines Vulnerability Assessment products as solutions "that scan servers, workstations, other devices and applications to uncover security vulnerabilities be they associated with known security holes (vulnerabilities) contained with a vulnerability database, or a configuration settings that can be exploited." Device Vulnerability Assessment products are segmented within the overall Vulnerability Assessment category, and are defined as "products that use either network- or host-based scanners to look into a device to determine the security vulnerabilities. These scanners search out and discover devices and try to find known vulnerabilities on target systems.
Founded in 1999, Qualys pioneered the cloud-based delivery model for IT security and compliance solutions. Qualys' flagship product, QualysGuard, allows organizations to strengthen the security of their networks and conduct automated security audits to ensure compliance with policies and regulations. The QualysGuard® service is used today by more than 5,000 organizations in 85 countries and performs more than 500 million IP audits per year.
To read an excerpt from the report, visit www.qualys.com/docs/idc_VM_forecast2012.pdf.
Qualys, Inc. is the leading provider of cloud-based information security and compliance solutions with 5,500+ customers in 85 countries, including 50 of the Forbes Global 100. The Qualys cloud-based platform and integrated suite of applications helps businesses simplify security operations and lower the cost of compliance by delivering critical security intelligence on demand and automating the full spectrum of auditing, compliance and protection for IT systems and web applications. Founded in 1999, Qualys has established strategic partnerships with leading managed service providers and consulting organizations including BT, Dell SecureWorks, Fujitsu, IBM, NTT, Symantec, Verizon, and Wipro. The company is also a founding member of the Cloud Security Alliance (CSA).
For more information, please visit www.qualys.com.
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