REDWOOD CITY, CA--(Marketwired - Aug 27, 2013) - Qualys, Inc. (
"Even with recent economic uncertainty, companies have continued to invest in security and vulnerability management due to the rise in threats and expanding government regulations," said Charles Kolodgy, research vice president for IDC's security products. "Organizations are looking for affordable solutions that reduce the complexity of effective risk management. With its cloud platform, Qualys continues to grow its market share by meeting this need with cost-effective, powerful, automated solutions to help organizations monitor and protect against possible attacks while meeting compliance regulations."
According to the report, revenue in the Security and Vulnerability Management (SVM) market was $4.2 billion in 2012 compared to $3.8 billion in 2011. IDC believes the SVM market will remain on a positive growth trajectory in 2013, with revenue anticipated to be $4.6 billion, and forecasts that the SVM market will reach $6.5 billion in 2017.
"We are pleased to see our market share continuing to increase in the overall vulnerability management market," said Philippe Courtot, chairman and CEO for Qualys. "Our unique QualysGuard security and compliance platform makes it easier to bring new functionality to our existing solutions and deliver new services to market which are cost effective and easier to deploy and maintain than the traditional enterprise solutions we replace."
Visit qualys.com/idc-vm-2013-forecast to read the full report.
About QualysGuard Cloud Platform
The QualysGuard Cloud Platform and its integrated suite of security and compliance solutions help provide organizations of all sizes with a global view of their security and compliance posture while reducing their total cost of ownership. The QualysGuard Cloud Suite, which includes Vulnerability Management, Web Application Scanning, Malware Detection Service, Policy Compliance, PCI Compliance and Qualys SECURE Seal, enables customers to identify their IT assets, collect and analyze large amounts of IT security data, discover and prioritize vulnerabilities and malware, recommend remediation actions and verify the implementation of such actions.
About Qualys
Qualys, Inc. (
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Qualys, the Qualys logo and QualysGuard are proprietary trademarks of Qualys, Inc. All other products or names may be trademarks of their respective companies.