Application security and secure file transfers: two rapidly growing markets; two huge opportunities Information-technology research company IDC predicts that the global market for information-security products will reach $45 billion annually by the end of 2005, up from $17 billion in 2001. The burgeoning enterprise-class file transfer and Instant Messaging market is expected to boast 250 million business users by 2006. Together, these markets offer unparalleled business opportunities—opportunities Validian is perfectly positioned to capitalize on.
Drivers of forecasted growth As the Internet has become a business medium, Companies and governments increasingly rely on the Internet to communicate and exchange information easily and cost-effectively. Demand for broad and easy access to corporate resources by business partners, suppliers, customers and remote workers is on the increase. Employees become progressively more mobile. Citizens want access to government services electronically. To cope with these new realities, business applications have to be made accessible to a vast range of users, from wherever those users are located. This implies that enterprises must both open and protect their business applications.
A GROWING MARKET The Yankee Group estimates that the market for web-application-security products and services will grow to $1.74 billion by 2007 from $140 million in 2002.
Small- and medium-sized businesses are forecasted to constitute the fastest-growing segment of the application-security market. However, these businesses do not have the resources of large corporations and need cost-effective and easily managed solutions. Secure file transfer, integrated with enterprise-class Instant messaging remains a largely untapped communication technology for enterprises due to a well-publicized lack of security. Validian ASI™ and Validian Flash Communicator™ bring immediate and continuing benefits.
Find out more about the market potential for Validian application-security and instant-messaging products.
VALIDIAN: Meeting security and regulatory challenges One of the major challenges facing organizations of all sizes is how to ensure the security of sensitive information and meet regulatory requirements, while harnessing the Internet’s ability to reduce costs, increase sales, improve productivity and enhance profitability.
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