BEDFORD, Mass., June 28, 2012 /PRNewswire/ -- RSA, The Security Division of EMC (NYSE: EMC) has been named the worldwide leader in total revenue among identity and access management vendors, according to the latest IDC Worldwide Identity and Access Management (IAM) 2011 Vendor Shares report.
According to IDC, the IAM software market showed a significant economic recovery, and specifically in 2011, the market demonstrated a steady recovery. For the second consecutive year, RSA outpaced the competition capturing an industry-leading 12.1% market share for the 2011 calendar year and 11.7% year-over-year growth, according to the IDC report.
Compliance requirements and the adoption of cloud computing drove much of the market activity, according to the IDC report, and RSA led the way continuing to innovate and deliver authentication and cloud security solutions. RSA unveiled several identity and access management solutions in 2011 which helped drive growth including the RSA Cloud Trust Authority which leverages RSA IAM technologies to help facilitate secure and compliant relationships and communications among organizations and cloud service providers. RSA also released RSA Authentication Manager Express in 2011, a risk-based, on-demand authentication system for SMB and branch office customers as well software developer kits (SDKs) designed for mobile application developers to seamlessly integrate strong one-time password (OTP) or risk-based authentication into mobile applications without the need for a separate authentication device.
IDC Worldwide Identity and Access Management 2011 Vendor Shares Highlights
- RSA captured the #1 leadership position in the overall identity and access management market in 2011.
- RSA stayed steady with the identity and access management market achieving an 11.7% year-over-year growth, while the overall market grew 11.6% in 2011.
- All leading IAM vendors, including RSA, unveiled cloud-specific solutions in 2011, aimed at simplifying cloud adoption for customers while ensuring a high-security profile.
"The significant growth in the IAM market is a proof point to the strength of the security software market," said Sally Hudson, Research Director for IDC's Security Product & Services Group. "Leading companies, like RSA, are achieving steady growth by continuing to introduce new and innovative products into the marketplace that help customers navigate evolving security challenges and compliance hurdles – especially those pertaining to access management and identity protection in cloud environments."
"The adoption of cloud environments and the need to maintain regulatory compliance is changing the way organizations address identity and access management," said Sam Curry, CTO of Identity & Data Protection at RSA. "RSA is dedicated to providing services and solutions that will help our customers adapt to the changing IT landscape and regulatory environment, all while ensuring a high security profile. It's this commitment to innovation and excellence that has allowed us to continue our leadership in this space."
RSA, The Security Division of EMC, is the premier provider of security, risk and compliance management solutions for business acceleration. RSA helps the world's leading organizations solve their most complex and sensitive security challenges. These challenges include managing organizational risk, safeguarding mobile access and collaboration, proving compliance and securing virtual and cloud environments.
Combining business-critical controls in identity assurance, encryption & key management, SIEM, Data Loss Prevention, Continuous Network Monitoring, and Fraud Protection with industry leading eGRC capabilities and robust consulting services, RSA brings visibility and trust to millions of user identities, the transactions that they perform and the data that is generated. For more information, please visit www.EMC.com/RSA.
RSA is a registered trademarks or trademarks of EMC Corporation in the United States and other countries. All other trademarks used herein are the property of their respective owners.
This release contains "forward-looking statements" as defined under the Federal Securities Laws. Actual results could differ materially from those projected in the forward-looking statements as a result of certain risk factors, including but not limited to: (i) adverse changes in general economic or market conditions; (ii) delays or reductions in information technology spending; (iii) the relative and varying rates of product price and component cost declines and the volume and mixture of product and services revenues; (iv) competitive factors, including but not limited to pricing pressures and new product introductions; (v) component and product quality and availability; (vi) fluctuations in VMware, Inc.'s operating results and risks associated with trading of VMware stock; (vii) the transition to new products, the uncertainty of customer acceptance of new product offerings and rapid technological and market change; (viii) risks associated with managing the growth of our business, including risks associated with acquisitions and investments and the challenges and costs of integration, restructuring and achieving anticipated synergies; (ix) the ability to attract and retain highly qualified employees; (x) insufficient, excess or obsolete inventory; (xi) fluctuating currency exchange rates; (xii) threats and other disruptions to our secure data centers or networks; (xiii) our ability to protect our proprietary technology; (xiv) war or acts of terrorism; and (xv) other one-time events and other important factors disclosed previously and from time to time in the filings of EMC Corporation, the parent company of RSA, with the U.S. Securities and Exchange Commission. EMC and RSA disclaim any obligation to update any such forward-looking statements after the date of this release.
SOURCE EMC Corporation