Displaying items by tag: Security vendors

Listed cybersecurity vendor Tesserent says it has made significant recent progress on the delivery key strategic steps that will accelerate the company towards profitability on a monthly basis by end of the 2020 financial year.

The world’s major security software vendors have been hit by a collective decline in revenues and below-market growth, and, in a double whammy, have been steadily losing marketshare to smaller security vendors.

IBM pushed past Trend Micro to jump into third place in revenues in the global security software market last year, the first time in many years that a non pure-play security vendor has reached the top three in the security market.