|By Marketwired .||
|February 6, 2013 09:09 AM EST||
STAMFORD, CT -- (Marketwire) -- 02/06/13 -- Protegrity USA, Inc., a leading provider of end-to-end data security solutions, today announced the most successful year in the company's history for the fiscal year ending Dec. 31, 2012 (FY12). Headlining the financial achievements is a 175 percent year-over-year increase in license revenues from FY 2011 to FY 2012. Total revenue from all sources for the fiscal year increased by 69 percent compared to the previous year and is clear evidence of a strong surge in demand for Protegrity's enterprise-wide data security. Corporations are looking to Protegrity for a solution that delivers superior performance, scalability, and transparency to protect sensitive data across the enterprise from malicious hackers and insider threats.
"2012 was a very exciting year for us, with breakthrough sales into some major global players, particularly in payment processing and financial services, and 2013 promises to be substantially better than 2012," says Suni Munshani, Protegrity USA CEO. "The sheer volume of data being created today is far exceeding organizations' ability to store it securely, so there is a greater sense of urgency among these organizations to identify and protect the most critical data."
Big data and a rapid increase in the volume of digital financial transactions has been a major growth driver for Protegrity over the past twelve months. Organizations are applying the same standards of data security to health and other personally-identifiable information as they do to financial information. The company has also seen significant growth in demand for its data security solutions and services across all industries and broad geographies. Protegrity's focus is on Global 1000 businesses, and has more than 200 customers worldwide, and average contract value increased 188% year-over-year compared to 2011.
Payment Processor Partnership
In the summer of 2012, Elavon, a leading provider of end-to-end payment processing services, selected Protegrity Vaultless Tokenization technology as a key element of the company's SAFE-T Suite solution [www.safetsuite.com]. SAFE-T Suite helps companies protect cardholder data by utilizing a combination of EMV (chip-and-PIN), point-to-point encryption, and tokenization technologies. In addition to realizing the benefits of reduced PCI scope with Protegrity's advanced tokenization, merchants using Elavon's solution achieve seamless business process continuity by providing advanced protection for individual cardholder data without sacrificing the ability to mine and analyze transaction processing data in close to real time.
"We are consistently looking to bring the highest level of security to our customers," said Robert McMillon, vice president, Global Security Solutions, Elavon. "Protegrity's tokenization technology is a key component of our end-to-end solution that helps merchants protect sensitive data throughout the transaction lifecycle: while it is in use, in transit, and at rest."
Big Data Security
Big Data has become a significant management challenge for many organizations. As Securosis analyst Adrian Lane notes "Hadoop, Mongo, Couch and Riak have almost no built-in security capabilities, leaving data exposed on every storage node." In early 2012, Protegrity announced the availability of the Protegrity Big Data Protector to deliver comprehensive data protection to Apache Hadoop®, Teradata Aster, Cloudera, and other big data platforms. This custom-designed protection allows customers to perform complex business analysis on massive amounts of data without jeopardizing its integrity or security, eliminating the serious risks and liabilities associated with unprotected sensitive data.
FY 2012 Highlights Summary:
- 175 percent year-over-year license revenue growth
- 69 percent year-over-year growth in all revenue items combined
- 188 percent year-over-year increase in average contract value
- Released version 6.0 of the Protegrity Data Security Platform, with advances in the patent-pending Vaultless Tokenization engine
- Developed first comprehensive data security solution for Big Data environments
- Established presence in Payments Industry
- Global wins with the world's largest companies in retail, banking, business services, aerospace and defense, insurance, travel and transportation
Headquartered in Stamford, Conn., Protegrity provides high performance, infinitely scalable, end-to-end data security solutions that protect sensitive information across the enterprise from the point of acquisition to deletion. The company's award winning software products span a variety of data protection methods, including end-to-end encryption, tokenization, masking and monitoring and are backed by several important data protection technology patents. Currently, more than 200 enterprise customers worldwide rely on Protegrity's comprehensive data security solutions to enable compliance for PCI DSS, HIPAA and other data security requirements while protecting their sensitive data, brand, and business reputation. For more information, please visit http://www.protegrity.com.
Translating agile methodology into real-world best practices within the modern software factory has driven widespread DevOps adoption, yet much work remains to expand workflows and tooling across the enterprise. As models evolve from pockets of experimentation into wholescale organizational reinvention, practitioners find themselves challenged to incorporate the culture and architecture necessary to support DevOps at scale. In his session at @DevOpsSummit at 20th Cloud Expo, Anand Akela, Senior...
Apr. 25, 2017 07:45 PM EDT Reads: 1,736
Join IBM November 2 at 19th Cloud Expo at the Santa Clara Convention Center in Santa Clara, CA, and learn how to go beyond multi-speed it to bring agility to traditional enterprise applications. Technology innovation is the driving force behind modern business and enterprises must respond by increasing the speed and efficiency of software delivery. The challenge is that existing enterprise applications are expensive to develop and difficult to modernize. This often results in what Gartner calls ...
Apr. 25, 2017 07:15 PM EDT Reads: 3,083
In recent years, containers have taken the world by storm. Companies of all sizes and industries have realized the massive benefits of containers, such as unprecedented mobility, higher hardware utilization, and increased flexibility and agility; however, many containers today are non-persistent. Containers without persistence miss out on many benefits, and in many cases simply pass the responsibility of persistence onto other infrastructure, adding additional complexity.
Apr. 25, 2017 06:15 PM EDT Reads: 2,176
Did you know that you can develop for mainframes in Java? Or that the testing and deployment can be automated across mobile to mainframe? In his session at @DevOpsSummit at 20th Cloud Expo, Vaughn Marshall, Sr. Principal Product Owner at CA Technologies, will discuss and demo how increasingly teams are developing with agile methodologies using modern development environments and automating testing and deployments, mobile to mainframe.
Apr. 25, 2017 06:15 PM EDT Reads: 1,148
SYS-CON Events announced today that Hitachi Data Systems, a wholly owned subsidiary of Hitachi LTD., will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City. Hitachi Data Systems (HDS) will be featuring the Hitachi Content Platform (HCP) portfolio. This is the industry’s only offering that allows organizations to bring together object storage, file sync and share, cloud storage gateways, and sophisticated search an...
Apr. 25, 2017 06:15 PM EDT Reads: 300
With major technology companies and startups seriously embracing IoT strategies, now is the perfect time to attend @ThingsExpo 2016 in New York. Learn what is going on, contribute to the discussions, and ensure that your enterprise is as "IoT-Ready" as it can be! Internet of @ThingsExpo, taking place June 6-8, 2017, at the Javits Center in New York City, New York, is co-located with 20th Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry p...
Apr. 25, 2017 06:15 PM EDT Reads: 933
Automation is enabling enterprises to design, deploy, and manage more complex, hybrid cloud environments. Yet the people who manage these environments must be trained in and understanding these environments better than ever before. A new era of analytics and cognitive computing is adding intelligence, but also more complexity, to these cloud environments. How smart is your cloud? How smart should it be? In this power panel at 20th Cloud Expo, moderated by Conference Chair Roger Strukhoff, pane...
Apr. 25, 2017 05:45 PM EDT Reads: 2,098
Most companies are adopting or evaluating container technology - Docker in particular - to speed up application deployment, drive down cost, ease management and make application delivery more flexible overall. As with most new architectures, this dream takes a lot of work to become a reality. Even when you do get your application componentized enough and packaged properly, there are still challenges for DevOps teams to making the shift to continuous delivery and achieving that reduction in cost ...
Apr. 25, 2017 05:45 PM EDT Reads: 3,703
@GonzalezCarmen has been ranked the Number One Influencer and @ThingsExpo has been named the Number One Brand in the “M2M 2016: Top 100 Influencers and Brands” by Analytic. Onalytica analyzed tweets over the last 6 months mentioning the keywords M2M OR “Machine to Machine.” They then identified the top 100 most influential brands and individuals leading the discussion on Twitter.
Apr. 25, 2017 05:45 PM EDT Reads: 1,004
SYS-CON Events announced today that Twistlock, the leading provider of cloud container security solutions, will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Twistlock is the industry's first enterprise security suite for container security. Twistlock's technology addresses risks on the host and within the application of the container, enabling enterprises to consistently enforce security policies, monitor...
Apr. 25, 2017 05:15 PM EDT Reads: 3,522
The Internet of Things is clearly many things: data collection and analytics, wearables, Smart Grids and Smart Cities, the Industrial Internet, and more. Cool platforms like Arduino, Raspberry Pi, Intel's Galileo and Edison, and a diverse world of sensors are making the IoT a great toy box for developers in all these areas. In this Power Panel at @ThingsExpo, moderated by Conference Chair Roger Strukhoff, panelists discussed what things are the most important, which will have the most profound e...
Apr. 25, 2017 05:15 PM EDT Reads: 2,167
The age of Digital Disruption is evolving into the next era – Digital Cohesion, an age in which applications securely self-assemble and deliver predictive services that continuously adapt to user behavior. Information from devices, sensors and applications around us will drive services seamlessly across mobile and fixed devices/infrastructure. This evolution is happening now in software defined services and secure networking. Four key drivers – Performance, Economics, Interoperability and Trust ...
Apr. 25, 2017 04:45 PM EDT Reads: 382
@ThingsExpo has been named the Most Influential ‘Smart Cities - IIoT' Account and @BigDataExpo has been named fourteenth by Right Relevance (RR), which provides curated information and intelligence on approximately 50,000 topics. In addition, Right Relevance provides an Insights offering that combines the above Topics and Influencers information with real time conversations to provide actionable intelligence with visualizations to enable decision making. The Insights service is applicable to eve...
Apr. 25, 2017 04:45 PM EDT Reads: 2,638
Multiple data types are pouring into IoT deployments. Data is coming in small packages as well as enormous files and data streams of many sizes. Widespread use of mobile devices adds to the total. In this power panel at @ThingsExpo, moderated by Conference Chair Roger Strukhoff, panelists will look at the tools and environments that are being put to use in IoT deployments, as well as the team skills a modern enterprise IT shop needs to keep things running, get a handle on all this data, and deli...
Apr. 25, 2017 04:30 PM EDT Reads: 2,294
SYS-CON Events announced today that Grape Up will exhibit at SYS-CON's 21st International Cloud Expo®, which will take place on Oct. 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Grape Up is a software company specializing in cloud native application development and professional services related to Cloud Foundry PaaS. With five expert teams that operate in various sectors of the market across the U.S. and Europe, Grape Up works with a variety of customers from emergi...
Apr. 25, 2017 04:15 PM EDT Reads: 2,006