Business Services Industry
Information Security Selects Symantec as an Industry Influencer; Explosive Growth and Extensive Product Portfolio Distinguish Symantec From Competition
Business Wire, Dec 18, 2002
Business Editors/High-Tech Writers
CUPERTINO, Calif.--(BUSINESS WIRE)--Dec. 18, 2002
Symantec Corp. (Nasdaq:SYMC), the world leader in Internet security, has been recognized on Information Security Magazine's "Influence List" as a company that will have great impact on IT security over the next five years.
The editors at Information Security, one of the security industry's top publications, considered the influence IT security vendors have on how "security gets done" and based their selection of vendors that will frame the future of IT security on the following criteria:
-- Unique value proposition: Innovative technology or business strategy marks a significant departure from conventional approaches/methodologies. -- Strong market position: Large current or prospective installation base. Measurable market demand for product offering. -- Defined execution path: Sets attainable goals and has clear strategy for reaching them. -- Likelihood of success: Has financial means, intellectual property and executive talent to translate mind share into market share.
According to Andrew Briney, editor-in-chief of Information Security, Symantec's growth plan has executed right on target. "In just a few short years, Symantec has exploded from a $100 million company to the industry's largest vendor, with more than $1 billion in annual revenue."
The publication also noted Symantec's vision of the enterprise and consumer security markets over the next five years: "In large enterprises, the company is pushing an integrated security management system that covers policy and configuration management on multiple platforms; heterogeneous security device management; log, alert and data mining and consolidation; and granular management of client software on devices of all shapes and sizes. For the SMB and SOHO markets, Symantec is aggressively pushing its all-in-one security appliances. And for the consumer market, the company is to attempting to make its PC firewall and desktop management software as common as its AV software is today."
The "Influence List" appeared in Information Security's 5th Anniversary and Annual Crystal Ball Issue in November.
About Symantec
Symantec, the world leader in Internet security technology, provides a broad range of content and network security software and appliance solutions to individuals, enterprises and service providers. The company is a leading provider of client, gateway and server security solutions for virus protection, firewall and virtual private network, vulnerability management, intrusion detection, Internet content and e-mail filtering, remote management technologies and security services to enterprises and service providers around the world. Symantec's Norton brand of consumer security products is a leader in worldwide retail sales and industry awards. Headquartered in Cupertino, Calif., Symantec has worldwide operations in 38 countries. For more information, please visit www.symantec.com.
NOTE TO EDITORS: If you would like additional information on Symantec Corporation and its products, please view the Symantec Press Center at http://www.symantec.com/PressCenter/ on Symantec's Web site. All prices noted are in US dollars and are valid only in the United States.
Symantec and the Symantec logo are trademarks or registered trademarks, in the United States and certain other countries, of Symantec Corporation. Additional company and product names may be trademarks or registered trademarks of the individual companies and are respectfully acknowledged.
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