ATLANTA and BEIJING, March 27, 2017 /PRNewswire/ -- Blancco Technology Group (AIM: BLTG), the de facto standard in data erasure and mobile device diagnostics, today announced the opening of a new office in Beijing, China. The Beijing office will be led by Eddy Lv, Managing Director of China, who will oversee operations, while also driving demand and sales growth for the company's data erasure and mobile diagnostics solutions and supporting the needs of local customers.
"The average number of information security incidents detected by Chinese companies each year has increased by more than 900 percent since 2014," said Pat Clawson, CEO, Blancco Technology Group. "That's a startling statistic and compelling proof point for why businesses in China must increase their investment in certified data erasure software to prevent data loss/theft and ensure compliance with data privacy regulations and industry standards. Meanwhile, 54 percent of Chinese consumers plan to buy a smartphone this year, up from 48 percent in 2016, according to Accenture, and a significant portion of their old devices will end up being resold. With mobile upgrade/buyback programs gaining in popularity, mobile service providers and resellers need an end-to-end solution that can diagnose performance problems quickly and accurately as well as permanently erase data before used devices are refurbished and resold. These are two critical gaps we intend to fill for businesses in China."
Eddy Lv, the newly appointed Managing Director of China, is a local tech industry veteran with extensive experience in the mobile industry. Over the last eight years, Lv has worked in sales, business development and product marketing roles at ZTE Japan, SBI Group and Brightstar China. Prior to joining Blancco, he worked for two years as China Chief Representative at Brightstar China, where he played an instrumental role in driving the success of its buyback program.
Blancco Technology Group's President and CRO, Steve Holton, commented: "By establishing a presence with our new office and support staff in one of the major technology hubs of China, we will be able to serve and support the needs of local customers as well as expand our global footprint. We are thrilled to welcome Eddy Lv to head up operations, sales and customer support in the region. His vast experience and knowledge of local technology trends will enable us to accelerate our growth in the region."
Blancco has solidified its standing as a pure-play software business and focused on developing both direct and indirect sales channels. As a result, the company has been able to maintain steady revenue growth and a high customer retention rate across both its mobile diagnostics and data erasure product lines in the first half of the 2017 fiscal year (ending December 31, 2016). This growth was driven primarily by the mobile erasure and active erasure products, which grew by 41 percent and 11 percent, respectively.
Last year, the company secured a major US mobile carrier as a mobile diagnostics customer, rolling out its in-store mobile diagnostics solution across 6,000 stores in North America and performing over 100,000 diagnostics events every week. The company has also signed additional European mobile network operators as clients and is keen to add Chinese mobile network operators and resellers to its roster of customers.
The company's Chinese website provides a full overview of the company's mission, products and solutions, customers, partners, content, events and news in the region. Enterprises, mobile network operators and resellers are encouraged to visit the local website to better understand how the company's solutions can solve their pain points as well as request live demonstrations of the Blancco Data Eraser and Blancco Mobile Diagnostics solutions.
About Blancco Technology Group
Blancco Technology Group (AIM: BLTG) is the de facto standard in data erasure and mobile device diagnostics. The Blancco Data Eraser solutions provide thousands of organizations with an absolute line of defense against costly security breaches, as well as verification of regulatory compliance through a 100% tamper-proof audit trail. Our data erasure solutions have been tested, certified, approved and recommended by 18 governing bodies around the world. No other security firm can boast this level of compliance with the most rigorous requirements set by government agencies, legal authorities and independent testing laboratories.
The Blancco Mobile Diagnostics solutions enable mobile network operators, retailers and insurers to easily, quickly and accurately identify and resolve performance issues on their customers' mobile devices. As a result, mobile service providers can spend less time dealing with technical issues and, in turn, reduce the quantity of NTF returns, save on operational costs and increase customer satisfaction.
For more information, visit our website at www.blancco.com.
SHIFT Communications for Blancco Technology Group (US)
David Heffernan, Account Manager
T: (617) 779-1839
SAY Communications for Blancco Technology Group (Europe)
Robert Hickling, Senior Account Manager
T: 44 (0) 20 8971 6427
Blancco Technology Group
Ragini Bhalla, Senior Director of Global Communications
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SOURCE Blancco Technology Group