Boulder, Colo.-based security solutions provider Webroot has registered a 150 percent increase in its year-on-year Web security Software-as-Service, or SaaS (News - Alert), revenue in 2008, a report by industry analyst firm IDC found. According to IDC (News - Alert), this is the fastest growth for any security vendor. 

 

In a report titled, "Worldwide Web Security 2009-2013 Forecast and 2008 Vendor Shares," IDC has estimated that the SaaS Web security market is slated grow at the rate of 46.5 percent, reaching $513 million by 2013. IDC predicts that the SaaS Web security market will grow faster than that of Web security software and appliances.

 

"Webroot has a long and successful history of protecting organizations and end users worldwide from Web-based threats," said Brian Burke, security program director, IDC, in a statement. "They pioneered the anti-spyware market twelve years ago and have built a strong solution for Web and email security software-as-a-service, as indicated by their growth in market share. With their technology, strong roadmap and loyal customer base, we expect to see Webroot increase its growth as the industry further adopts SaaS security."

 

When compared to appliances and server-based solutions, Webroot Security SaaS solutions provide enterprise-class security with greater manageability, value and protection.  

 

"Strong investment in the Webroot Web and e-mail Security Services, organically-driven research and innovative technologies are driving Webroot's strength in the security services market," said Don Beck, senior vice president and general manager, enterprise business unit, Webroot, in a statement. "Our security solutions protect more than six million users worldwide and enjoy a renewal rate of greater than 95 percent which is a testament to the quality of our offerings and commitment to our customers and channel partners."

 

A part of the Webroot Security SaaS family, Webroot E-Mail Security SaaS offers protection against spam, viruses and data leakage. It is also equipped with compliance, archiving and business continuity features. Another solution is Webroot Web Security SaaS that ensures URL and Web content filtering in addition to proactive protection against web-based malware for laptops. 

 

Catering to consumers, enterprises and small and medium businesses globally, Webroot Software (News - Alert), Inc. is best known for its acclaimed Spy Sweeper line of antispyware and antivirus products. In a recent article, TMCnet reported that Webroot has been positioned in the “Visionaries” quadrant in the Magic Quadrant, according to the Gartner (News - Alert) "E-Mail Security Boundaries Magic Quadrant, 2008" report.

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