Welcome!

Weblogic Authors: Yeshim Deniz, Elizabeth White, Michael Meiner, Michael Bushong, Avi Rosenthal

News Feed Item

Vormetric Achieves Record Breaking Sales and Profitability

Vormetric, Inc., the leader in data security management and enforcement solutions, today announced that it has set multiple records for bookings, revenue and profit for the second quarter of 2009. Vormetric’s strong performance is attributed to rapid growth in the global encryption market combined with Vormetric’s singular ability to address enterprise encryption management and performance requirements.

Vormetric achieved record breaking bookings, revenue and profit in the second quarter with an overall bookings increase of 39 percent year/year Trailing Twelve Months. New customer attainment in the second quarter included Fortune 500 customers in manufacturing, financial services, business process outsourcing and media. Existing customers’ expanding deployments also strongly contributed to the successful quarter. Vormetric customers continued their expansion of Vormetric Data Security across databases, file shares and other storage systems to take advantage of the compliance benefits, simplicity and cost savings of a single enterprise encryption standard.

“The need to protect sensitive data continues to grow even in today’s economic climate,” said Richard Gorman, CEO of Vormetric. “Our record breaking results are concrete evidence that Vormetric has the best solution to solve the need for data-centric security on mission critical systems without compromising information management.”

These record breaking results were bolstered by the company’s introduction of Vormetric Data Security v4 and growth of the Vormetric partner program. Vormetric Data Security v4 was consistently selected over native and competiting third party encryption solutions for performance, enterprise manageability, policy-based access control and simplified key management. To its roster of world-class business and solutions partners, Vormetric added BlueArc and Imperva. Vormetric also saw strong traction from business relationships with strategic partners Symantec and IBM. Symantec resells Vormetric’s technology as the native encryption solution for NetBackup. IBM resells Vormetric’s technology as the native database encryption solution for DB2 and Informix. Vormetric continues to identify new alliances and partnerships to help advance the depth and breadth of its solution and address new demands on data security.

About Vormetric

Vormetric is the leader in data security management and enforcement solutions. Vormetric's application- and database-transparent solution outperforms other offerings to provide stronger and broader data security at a fraction of the management and implementation cost. Vormetric's more than 500 customers represent the world's most trusted brands, outsourcing providers and highly security conscious government agencies. Vormetric technology has received strong market validation for its innovative approach to data security, including:

  • Selection by IBM as the only database encryption solution for DB2 and Informix on LinuxTM, Unix® and Windows
  • Computerworld Technology Innovation Award
  • Selection by Symantec to provide the Symantec Veritas NetBackupTM Media Server Encryption Option
  • Partnership with Oracle to secure the execution environment for Oracle® Database Vault

Vormetric is a trademark of Vormetric, Inc. All other names mentioned are trademarks, registered trademarks or service marks of their respective owners.

More Stories By Business Wire

Copyright © 2009 Business Wire. All rights reserved. Republication or redistribution of Business Wire content is expressly prohibited without the prior written consent of Business Wire. Business Wire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

IoT & Smart Cities Stories
The standardization of container runtimes and images has sparked the creation of an almost overwhelming number of new open source projects that build on and otherwise work with these specifications. Of course, there's Kubernetes, which orchestrates and manages collections of containers. It was one of the first and best-known examples of projects that make containers truly useful for production use. However, more recently, the container ecosystem has truly exploded. A service mesh like Istio addr...
SYS-CON Events announced today that DatacenterDynamics has been named “Media Sponsor” of SYS-CON's 18th International Cloud Expo, which will take place on June 7–9, 2016, at the Javits Center in New York City, NY. DatacenterDynamics is a brand of DCD Group, a global B2B media and publishing company that develops products to help senior professionals in the world's most ICT dependent organizations make risk-based infrastructure and capacity decisions.
Nicolas Fierro is CEO of MIMIR Blockchain Solutions. He is a programmer, technologist, and operations dev who has worked with Ethereum and blockchain since 2014. His knowledge in blockchain dates to when he performed dev ops services to the Ethereum Foundation as one the privileged few developers to work with the original core team in Switzerland.
Cloud-enabled transformation has evolved from cost saving measure to business innovation strategy -- one that combines the cloud with cognitive capabilities to drive market disruption. Learn how you can achieve the insight and agility you need to gain a competitive advantage. Industry-acclaimed CTO and cloud expert, Shankar Kalyana presents. Only the most exceptional IBMers are appointed with the rare distinction of IBM Fellow, the highest technical honor in the company. Shankar has also receive...
Headquartered in Plainsboro, NJ, Synametrics Technologies has provided IT professionals and computer systems developers since 1997. Based on the success of their initial product offerings (WinSQL and DeltaCopy), the company continues to create and hone innovative products that help its customers get more from their computer applications, databases and infrastructure. To date, over one million users around the world have chosen Synametrics solutions to help power their accelerated business or per...
DXWorldEXPO LLC announced today that ICOHOLDER named "Media Sponsor" of Miami Blockchain Event by FinTechEXPO. ICOHOLDER gives detailed information and help the community to invest in the trusty projects. Miami Blockchain Event by FinTechEXPO has opened its Call for Papers. The two-day event will present 20 top Blockchain experts. All speaking inquiries which covers the following information can be submitted by email to [email protected] Miami Blockchain Event by FinTechEXPOalso offers sp...
Digital Transformation is much more than a buzzword. The radical shift to digital mechanisms for almost every process is evident across all industries and verticals. This is often especially true in financial services, where the legacy environment is many times unable to keep up with the rapidly shifting demands of the consumer. The constant pressure to provide complete, omnichannel delivery of customer-facing solutions to meet both regulatory and customer demands is putting enormous pressure on...
@DevOpsSummit at Cloud Expo, taking place November 12-13 in New York City, NY, is co-located with 22nd international CloudEXPO | first international DXWorldEXPO and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The widespread success of cloud computing is driving the DevOps revolution in enterprise IT. Now as never before, development teams must communicate and collaborate in a dynamic, 24/7/365 environment. There is no time t...
When talking IoT we often focus on the devices, the sensors, the hardware itself. The new smart appliances, the new smart or self-driving cars (which are amalgamations of many ‘things'). When we are looking at the world of IoT, we should take a step back, look at the big picture. What value are these devices providing. IoT is not about the devices, its about the data consumed and generated. The devices are tools, mechanisms, conduits. This paper discusses the considerations when dealing with the...
SYS-CON Events announced today that IoT Global Network has been named “Media Sponsor” of SYS-CON's @ThingsExpo, which will take place on June 6–8, 2017, at the Javits Center in New York City, NY. The IoT Global Network is a platform where you can connect with industry experts and network across the IoT community to build the successful IoT business of the future.