New York, June 15, 2011 – BalaBit IT Security announced an increase of 59 percent on a year-on-year basis in 2010. According to industry and analyst predictions last year there was a slight increase on the IT security market, where the drivers were the compliance related investments. BalaBit’s performance – as a niche market player, due to its comprehensive global partner and customer base – highly exceeded the global market expectations. For 2011 BalaBit expects to report a 40 percent growth of revenue and the number of employees by extending its global partner network and further increasing the revenue share from global sales.
Full story »