Security boost comes amid serious challenges from the likes of an aggressive McAfee.
Symantec enjoyed a strong fourth quarter on the back of growth in its
While the security and compliance segment was the third largest part of the
company's revenues for the quarter, it also grew the most, jumping 21 percent
over the previous year. Symantec's overall revenues for the quarter, which
ended for the company March 28, were $1.54 billion. Revenues for the year
topped $5.87 billion.
"In the March quarter, the enterprise security business generated record
revenue," said Enrique Salem, Symantec's chief operating officer, during the
earnings call April 30.
The growth in Symantec's security business follows a year when rival
companies challenged Symantec aggressively. McAfee, for example, positioned the
4.0 release of its security policy enforcement product, ePolicy Orchestrator,
against Symantec's Endpoint Protection 11.0 product, setting off a PR war of
Although Symantec CEO John Thompson said
shipments of Symantec Endpoint Protection 11.0 slipped somewhat in the fourth
quarter, he said the vendor still moved about 21 million clients. He attributed
the decline to the previous quarter being a seasonally strong renewal period.
"SEP is doing quite well in its first two quarters in the market," he said
during the earnings call. "The NAC [network access control] component is
getting a very, very strong lift in the marketplace, and it's helping us to
drive higher unit value, if you will, per endpoint sold. So we're quite pleased
with the early receptivity of NAC and would expect that to continue certainly
as the product continues to mature in the market."
SAAS and DLP
Looking ahead to emerging trends in the security market, Thompson said the
company will focus on data loss prevention and expanding its SAAS (software as a
service) with new offerings.
"In order to complement our data loss prevention capabilities, Symantec is
partnering with GuardianEdge [Technologies] to deliver proven endpoint
encryption products to complement our endpoint protection platform," he said.
"Going forward, we see excellent opportunities to broaden the distribution of
our DLP and encryption products,
particularly in international markets, and to integrate with several of our key
products, including mail security and archiving. The content awareness
capabilities of Vontu's technology will allow our customers to make smarter
decisions about archiving and encrypting highly sensitive information."
When it comes to SAAS, the company will look to build out its portfolio with
new offerings in areas such as endpoint security, archiving and messaging,