Leading Analyst Firm IDC Ranks PatchLink Number One ''Patching and Remediation Vendor''
PatchLink® Corporation, the leading security patch and vulnerability management solutions provider, today announced that IDC, a leading provider of global IT research and advice, has ranked PatchLink number one "Patching and Remediation Vendor" with 14.9 percent of the global market share.
Scottsdale, AZ, Mar. 7, 2006
According to a recent IDC report, "Worldwide Security and Vulnerability Management Software Market Forecast and Analysis, 2005-2009: Taking Control of the Security Environment" (December 2005, Vol. 1), the security and vulnerability management (SVM) software market as a whole is expected to grow by 17.8 percent annually, exceeding $3 billion by 2009. Furthermore, with close to 60 named vendors, the market remains large and competitive. The report states that the patch management sector is expected to grow 26 percent annually through 2009. Patching and remediation solutions can automate or semi-automate the process of installing patches or correcting system mis-configurations across the enterprise immediately or on a scheduled basis. PatchLink has the world's largest patch repository and its core product, PatchLink Update™ 6.2, offers fully Internet-based vulnerability remediation security management software for all major operating systems, including Microsoft, AIX, HP-UX, Solaris, Linux, Novell NetWare, and MacOS X. Charles Kolodgy, IDC research director, stated, "The growing reliance on IT to provide a solution to help reduce risk in line with compliance requirements and within budgetary and staffing constraints has led organizations to look for security tools that allow them to cost effectively manage their security infrastructure. PatchLink strives to provide its customers with an extremely accurate, highly-efficient and flexible security remediation tool that can be deployed according to company specific policies to minimize the time spent on managing security risks." "We are honored to be recognized by IDC as the leader in the markets we serve as our solutions enable customers to proactively secure their networks by combining best-in-class security patch and vulnerability management software," said PatchLink's President Greg Head. "We will continue to grow our market presence by further expanding our global capabilities, strengthening our value-added partnerships, and delivering technology innovations to meet our customers' network security and compliance needs."
About PatchLink
PatchLink®, a global leader in vulnerability management solutions, provides the industry's first comprehensive security platform for unified protection and control of all enterprise servers and endpoints. More than 5,000 organizations around the globe use PatchLink's positive security model solutions to integrate management and administration, consolidate infrastructure, enforce enterprise-level policies, lower cost of ownership and reduce risk. PatchLink is headquartered in Scottsdale, Arizona and was founded in 1991 by Sean Moshir.