Crossbeam Systems Leads High-End UTM Security Market for Sixth Year in a Row
Source: SourceWire News Distribution
London, UK (August 13, 2012) – Crossbeam Systems, the provider of next-generation security platforms for high-performance networks, today announced the results of IDC’s Worldwide Quarterly Security Appliance tracker, which revealed the market for dedicated hardware-based network threat solutions is continuing to grow rapidly. According to IDC’s Worldwide Quarterly Security Appliance Tracker, UTM product revenue increased 20.1% in the last year to $2.1 billion. By comparison, the rest of the nnetwork security appliance market grew at only 5% to $4 billion(1).
The tracker places Crossbeam in a leadership position for the sixth year in a row, with its success underpinned by its growing employee base in Western Europe to serve its numerous fixed and mobile telco deployments in the region with the likes of BT, O2 and TPSA.
Building on its success in the telco space in a recent vendor profile titled, “Securing the Next-Generation Datacenter: Crossbeam Vendor Profile, IDC points to how Crossbeam’s technology has become an excellent fit for more Enterprise customers to secure the next generation data centre. “IDC expects Crossbeam to continue to succeed in providing market-leading security solutions for the data centre. The company’s partnerships with best-in-class security vendors allow them to quickly adjust to the ever-changing threat landscape while offering high-performance, adaptable and flexible network security solutions,” said John Grady, senior research analyst with IDC’s Security Products and Services group(2).
The threat landscape continues to expand, and this is complicating matters for IT organisations looking at how to cost-effectively bring security into the Next Generation Data Centre (NGDC) and protect against current and future threats. This is a challenge the IDC vendor profile highlights, and it is one Crossbeam recently explored in a survey on the state of security in the NGDC. The survey results found that 94 per cent of respondents cited network security as the top reason why NGDC deployments are stalled, with virtually no progress anticipated in the next 12-18 months.
Crossbeam Systems®, Inc. offers a proven approach to deploying network security that meets the extreme performance, scalability and reliability demands of large enterprises, service providers and government agencies. Its leading X-Series security platform offers an open, high-performance architecture that easily provisions and scales multiple best-in-class security applications to meet the ever-changing threat landscape. Companies rely on Crossbeam to intelligently manage risk, accelerate and maintain compliance, and protect their businesses from evolving threats. Crossbeam is headquartered in Boxborough, Mass., and has offices in Europe, Latin America and Asia Pacific. More information is available at http://www.crossbeam.com.