Avecto, the world leader in Windows Privilege Management, today announced that the increasing migration of organizations to Windows 7, is a key driving factor for boosting year end results upward by 200% on 2010.
Tony Bolland, CEO said "Organizations of all sizes, ranging from SMEs to large corporations employing over 450,000 people, now rely on Avecto's Privilege Guard technology to empower users, reduce operating costs, achieve compliance and strengthen security. According to IDC research published in 2011, shipments of new Windows 7 licences will rise to over 109M in 2012. With our Privilege Guard technology we are enabling customers to deliver the least risk, least cost Windows 7 desktop environment. These latest year end results underpin our strategic plans for rapid growth as we respond to increasing market demands."
In 2010 Gartner research* predicted that with the approaching end of Windows XP support in 2014, organizations should treat the rollout of Windows 7 strategically to advance the security of managed desktops and web browsing.
The impact of this adoption trend across North America, means that this region alone now represents over 60% of the company's turnover. To both underpin and sustain this growth, during 2011 Avecto invested heavily in product development with Privilege Guard 3.0 scheduled to launch in early February. Additionally Avecto has undertaken a substantial recruitment programme during 2011 in North America, with key new hires now responsible for managing specific industry verticals, and in Europe new regional offices are scheduled to open in Germany during the first quarter of 2012.
Bolland continues, "Our strategy for growth is closely linked to the escalating need to better secure Windows environments. Privilege Guard continues to exceed market expectations, and our new, deeper and more collaborative alliances with industry giants such as HP, CSC, Citrix and McAfee, have helped propel us into a world leading position for Windows Privilege Management."
Update: Privilege Guard is now Defendpoint
Privilege Guard has now evolved into the new security suite, Defendpoint, which encompasses Privilege Management, Application Control and Sandboxing. For more information, please visit www.avecto.com/defendpoint.