Intralinks Ranked Number One by Gartner in the Enterprise Collaboration and Social Software Suites Market Share Worldwide for the 8th Straight Year
NEW YORK, April 10, 2014 /PRNewswire/ -- Intralinks® Holdings, Inc. (NYSE: IL), a leading, global SaaS provider of inter-enterprise content management and collaboration solutions, today announced that Gartner has ranked the company the number one vendor in the team platforms and social software suites market* for the eighth consecutive year. Intralinks leads the category with 18.8 percent market share, over the closest competitors, based on worldwide revenues in 2013.
"An increasing number of organizations are demanding software functionality as a service or via cloud-based services rather than via on-premises. Cloud-based revenue gains have become prevalent since 2012, and double-digit cloud-based revenue growth is expected through 2017. The continuing convergence of teaming, collaboration and enterprise social software will drive new revenue opportunities as suite/platform offerings become more prominent," according to Gartner.**
The report* notes that the overall team collaboration software market grew 15.7 percent in 2013, with Intralinks' global revenue being the highest in this market. Gartner publishes an annual worldwide market share report for all software markets. In connection with that report, Gartner analyzes the web conferencing, team platforms and social software suites market. The report takes into account Gartner's analysis of vendors, as well as the vendors' reported revenues.
"It is an honor for Intralinks to be recognized by Gartner as the leader in enterprise collaboration for the eighth consecutive year," said Ron Hovsepian, CEO at Intralinks. "We feel this is a great affirmation of Intralinks VIA™ and our strategy of providing customers with collaboration solutions that address security and data privacy concerns, while also being easy-to-use and manage."
Intralinks VIA and Intralinks VIA™ Enterprise solidify Intralinks' role as a trusted leader of secure enterprise collaboration solutions. Intralinks VIA provides a simple and intuitive content services platform with a broad and powerful set of capabilities for sharing and protecting business content beyond the enterprise boundary. The platform makes it easy to manage, distribute and protect high-value business content, meeting the IT, security and compliance requirements of CIOs and business management, while also dramatically improving the productivity of professionals involved in secure, document-intensive work processes. Ninety-nine percent of the global Fortune 1000 have trusted Intralinks to support their secure collaboration requirements, including DuPont, KPMG, Stanley Black & Decker and MetLife.
*Gartner started looking at these specific markets because the continuing convergence of team collaboration and enterprise social software is driving new revenue opportunities as platform offerings became more prominent. Gartner 'Market Share: All Software Markets, Worldwide, 2013,' March 2014, G00260918 is an annual report that provides detailed market share for infrastructure and application software for all the world's major regions. For the report, Gartner analyzes revenues for more than 400 software vendors for 21 software markets and 110 software submarkets in 43 countries.
**Source: Gartner, Forecast Analysis: Enterprise Application Software, Worldwide, 4Q13 Update, 04 February 2014 G00260009
About Intralinks
Intralinks Holdings, Inc. (NYSE: IL) is a leading, global technology provider of inter-enterprise content management and collaboration solutions. Through innovative Software-as-a-Service solutions, Intralinks solutions are designed to enable the secure and compliant exchange, control, and management of information between organizations when working through the firewall. More than 2.7 million professionals at 99% of the Fortune 1000 companies have depended on Intralinks' experience. With a track record of enabling high-stakes transactions and business collaborations valued at more than $23.5 trillion, Intralinks is a trusted provider of easy-to-use, enterprise strength, cloud-based collaboration solutions. For more information, visit www.intralinks.com.
Forward Looking Statements
The forward-looking statements contained in this press release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are express or implied statements that are not based on historical information and include, among other things, statements concerning Intralinks' plans, intentions, expectations, projections, hopes, beliefs, objectives, goals and strategies. These statements are neither promises nor guarantees, but are subject to a variety of risks and uncertainties, many of which are beyond our control and could cause actual results to differ materially from those contemplated in these forward-looking statements. Accordingly, there can be no assurance that the results expressed, projected or implied by any forward-looking statements will be achieved, and readers are cautioned not to place undue reliance on any forward-looking statements. The forward-looking statements in this press release speak only as of the date hereof. As such, Intralinks undertakes no obligation to update or revise the information contained in this press release, whether as a result of new information, future events or circumstances or otherwise. For a detailed list of the factors and risks that could affect Intralinks' financial results, please refer to Intralinks' public filings with the Securities and Exchange Commission from time to time, including its Annual Report on Form 10-K for the year-ended December 31, 2013.
Trademarks and Copyright
"Intralinks" and Intralinks' stylized logo are the registered trademarks of Intralinks, Inc. This press release may also refer to trade names and trademarks of other organizations without reference to their status as registered trademarks. © 2014 Intralinks, Inc. All rights reserved.
SOURCE Intralinks Holdings, Inc.
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