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| CYBEROAM POSITIONED AS 'VISIONARY' IN MAGIC QUADRANT FOR UNIFIED THREAT MANAGEMENT | |
| Posted: Fri Nov 05, 2010 11:21:33 AM | |
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Cyberoam, a division of Elitecore Technologies, and a leading provider of identity-based Unified Threat Management (UTM) security appliances, today announced it has been positioned by Gartner, Inc. in the visionary quadrant of the “Magic Quadrant for Unified Threat Management” report. A total of thirteen security vendors were included in the Magic Quadrant based on their ability to execute and completeness of vision.
According to the Gartner report, “In 2009, the worldwide UTM market was worth approximately $1.5 billion, representing 25% growth over Gartner’s 2007 estimate, with a forecast of 20% to 25% compound annual growth rate through 2012. This market is largely driven by turnkey appliance solutions, although there are pure software UTM solutions available.”
Says Hemal Patel, CEO – Elitecore Technologies, “We consider our position in the visionary quadrant as a testimony to our in-depth understanding of SMB security issues, and the amount of innovation we put into addressing those challenges. Cyberoam’s product development efforts are directly driven by customer pain points and we stand out in the security space due to our timely ability to launch innovative products based on a well-defined market feedback analysis.”
With a deployment base now across 97+ countries, Cyberoam UTM secures global corporations in the manufacturing, healthcare, finance, retail, IT sectors and more in addition to educational institutions, public sector and large government organizations. At this time, the security vendor is making significant inroads into the US, Europe and Latin America markets.
About the Magic Quadrant The Magic Quadrant is copyrighted 2010 by Gartner, Inc., and is reused with permission. The Magic Quadrant is a graphical representation of a marketplace at and for a specific time period. It depicts Gartner’s analysis of how certain vendors measure against criteria for that marketplace, as defined by Gartner. Gartner does not endorse any vendor, product or service depicted in the Magic Quadrant, and does not advise technology users to select only those vendors placed in the “Leaders” quadrant. The Magic Quadrant is intended solely as a research tool, and is not meant to be a specific guide to action. Gartner disclaims all warranties, express or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose |