|By Business Wire||
|January 14, 2013 08:01 AM EST||
Aveksa, Inc., the provider of the industry’s most comprehensive Business-Driven Identity and Access Management platform, today announced results for 2012, a year in which the company continued to experience rapid growth in all operational areas. Highlights for the year include record revenue bookings, a rapid increase in headcount and significant expansion of the Aveksa IAM product line. Additionally, for the second year in a row, Aveksa was named a leader in the Identity and Access Governance market by leading technology research and advisory firm Gartner.
Aveksa had an outstanding 2012 exceeding all company goals set at the beginning of the year. In fiscal 2012 Aveksa bookings increased substantially over fiscal 2011 with the number of deals closed more than doubling over the previous year. 45% of this business came from new customers and 55% from existing customers. License and maintenance revenue represented over 78% of the total revenue in fiscal 2012 with services accounting for 22% of total revenue. Maintenance renewals for the year were 100% illustrating strong adoption and continued use of Aveksa’s solutions by the company’s global customers. Aveksa continued to demonstrate its ability to provide enterprises with fast time to value with over 90% of customers reporting live implementations of Aveksa’s IAM solutions and over 70% of new customers being able to go live within 4 months of purchase.
During 2012, Aveksa aggressively hired personnel in all departments and geographies, increasing headcount by over 70%, as the demand for Aveksa’s products and services continued to be very strong. To support this growth, Aveksa relocated to a new larger corporate headquarters in Waltham, Massachusetts and a new European headquarters in London.
In the fourth quarter of 2012, Aveksa experienced its highest booking total in the history of the company, with total revenue and license revenue increasing 102% and 100%, respectively, over the prior quarter. During the quarter, existing customers purchased both additional user licenses and newly-released modules as they continued to realize significant value from the Aveksa platform. Aveksa also added new customers in all of its global sales regions, including North America, Europe, Asia and Africa.
Throughout 2012, Aveksa continued its trend of expanding its IAM product line and introducing innovative new solutions to the market. In June, Aveksa announced proof points validating its innovative approach to Identity and Access Management which enables enterprises to optimize their IAM initiatives through business-driven automation and processes. In August, Aveksa launched new product capabilities designed to enable enterprises to take a business-driven approach to Identity and Access Management for data and applications both inside the firewall as well as in cloud environments. In September, Aveksa announced new capabilities that enable enterprises to utilize Identity and Access business context across a wider range of IT security areas, such as Security Information and Event Management (SIEM).
In December, Aveksa launched version 6.0 of its Identity and Access Management platform, designed specifically to help enterprises fully scale their IAM initiatives and manage the Big Data that is now typically associated with IAM deployments. Shortly thereafter, Aveksa introduced MyAccessLive, a new Software-as-a-Service (SaaS) Identity and Access Management solution. MyAccessLive provides integrated visibility and control of both cloud and on-premise applications in a single cloud-based solution.
Due to strong customer demand, in 2012 Aveksa held user conferences in the United States and Europe. The Aveksa Insights conferences took place in Boston and Amsterdam over 2 days at each location and consisted of keynote presentations from leading IT research analysts firms such as Forrester and Kuppinger Cole, customer case studies from multiple Aveksa customers and interactive technical workshops led by Aveksa. During the conferences, attendees were also given detailed insight into Aveksa’s product roadmap with the opportunity to provide direct feedback to the Aveksa team.
Finally, for the second year in a row, Aveksa was positioned by Gartner, Inc. in the “Leaders” quadrant of the analyst firm’s annual “Magic Quadrant for Identity and Access Governance” report, which was published on December 17. The Magic Quadrant report from Gartner identifies the leading providers of Identity and Access Governance (IAG) solutions after a thorough examination of the offerings, differentiators and strategies of vendors in the IAG market.
“It has been remarkable to be part of Aveksa’s growth over the past year," said Vick Viren Vaishnavi, President and CEO of Aveksa. “2012 saw Aveksa expand its leadership position in the IAM market with many new product innovations and further validation from industry thought leaders, such as Gartner. We also had record sales performance and a tremendous increase in the number of Aveksa personnel around the world. However, the real measure of Aveksa’s success is continued customer adoption of our business-driven IAM solutions.”
Aveksa provides the industry’s most comprehensive Business-Driven Identity and Access Management platform. By uniquely integrating Identity and Access Governance, Provisioning and Authentication, Aveksa enables enterprises to manage the complete lifecycle of user access for SaaS and On-premise applications and data. With Aveksa, IT organizations can reduce Access Management complexity and increase operational efficiency while minimizing risk and ensuring sustainable compliance. Aveksa provides enterprises with the industry’s fastest time to value with over 90% of customers reporting live implementations of the company’s business-driven Identity & Access Management solutions and over 80% of these customers live with the latest version of the Aveksa platform. For more information, visit www.aveksa.com.
Web Real-Time Communication APIs have quickly revolutionized what browsers are capable of. In addition to video and audio streams, we can now bi-directionally send arbitrary data over WebRTC's PeerConnection Data Channels. With the advent of Progressive Web Apps and new hardware APIs such as WebBluetooh and WebUSB, we can finally enable users to stitch together the Internet of Things directly from their browsers while communicating privately and securely in a decentralized way.
Mar. 25, 2017 03:00 AM EDT Reads: 5,645
Keeping pace with advancements in software delivery processes and tooling is taxing even for the most proficient organizations. Point tools, platforms, open source and the increasing adoption of private and public cloud services requires strong engineering rigor - all in the face of developer demands to use the tools of choice. As Agile has settled in as a mainstream practice, now DevOps has emerged as the next wave to improve software delivery speed and output. To make DevOps work, organization...
Mar. 25, 2017 01:45 AM EDT Reads: 1,419
DevOps is often described as a combination of technology and culture. Without both, DevOps isn't complete. However, applying the culture to outdated technology is a recipe for disaster; as response times grow and connections between teams are delayed by technology, the culture will die. A Nutanix Enterprise Cloud has many benefits that provide the needed base for a true DevOps paradigm.
Mar. 25, 2017 12:15 AM EDT Reads: 1,557
What sort of WebRTC based applications can we expect to see over the next year and beyond? One way to predict development trends is to see what sorts of applications startups are building. In his session at @ThingsExpo, Arin Sime, founder of WebRTC.ventures, will discuss the current and likely future trends in WebRTC application development based on real requests for custom applications from real customers, as well as other public sources of information,
Mar. 25, 2017 12:00 AM EDT Reads: 459
SYS-CON Events announced today that Interoute, owner-operator of one of Europe's largest networks and a global cloud services platform, has been named “Bronze Sponsor” of SYS-CON's 20th Cloud Expo, which will take place on June 6-8, 2017 at the Javits Center in New York, New York. Interoute is the owner-operator of one of Europe's largest networks and a global cloud services platform which encompasses 12 data centers, 14 virtual data centers and 31 colocation centers, with connections to 195 add...
Mar. 24, 2017 11:45 PM EDT Reads: 638
TechTarget storage websites are the best online information resource for news, tips and expert advice for the storage, backup and disaster recovery markets. By creating abundant, high-quality editorial content across more than 140 highly targeted technology-specific websites, TechTarget attracts and nurtures communities of technology buyers researching their companies' information technology needs. By understanding these buyers' content consumption behaviors, TechTarget creates the purchase inte...
Mar. 24, 2017 10:15 PM EDT Reads: 4,147
With the introduction of IoT and Smart Living in every aspect of our lives, one question has become relevant: What are the security implications? To answer this, first we have to look and explore the security models of the technologies that IoT is founded upon. In his session at @ThingsExpo, Nevi Kaja, a Research Engineer at Ford Motor Company, will discuss some of the security challenges of the IoT infrastructure and relate how these aspects impact Smart Living. The material will be delivered i...
Mar. 24, 2017 10:00 PM EDT Reads: 1,877
In his session at @ThingsExpo, Eric Lachapelle, CEO of the Professional Evaluation and Certification Board (PECB), will provide an overview of various initiatives to certifiy the security of connected devices and future trends in ensuring public trust of IoT. Eric Lachapelle is the Chief Executive Officer of the Professional Evaluation and Certification Board (PECB), an international certification body. His role is to help companies and individuals to achieve professional, accredited and worldw...
Mar. 24, 2017 08:15 PM EDT Reads: 315
Your homes and cars can be automated and self-serviced. Why can't your storage? From simply asking questions to analyze and troubleshoot your infrastructure, to provisioning storage with snapshots, recovery and replication, your wildest sci-fi dream has come true. In his session at @DevOpsSummit at 20th Cloud Expo, Dan Florea, Director of Product Management at Tintri, will provide a ChatOps demo where you can talk to your storage and manage it from anywhere, through Slack and similar services ...
Mar. 24, 2017 06:30 PM EDT Reads: 4,126
My team embarked on building a data lake for our sales and marketing data to better understand customer journeys. This required building a hybrid data pipeline to connect our cloud CRM with the new Hadoop Data Lake. One challenge is that IT was not in a position to provide support until we proved value and marketing did not have the experience, so we embarked on the journey ourselves within the product marketing team for our line of business within Progress. In his session at @BigDataExpo, Sum...
Mar. 24, 2017 06:30 PM EDT Reads: 2,619
SYS-CON Events announced today that SoftLayer, an IBM Company, has been named “Gold Sponsor” of SYS-CON's 18th Cloud Expo, which will take place on June 7-9, 2016, at the Javits Center in New York, New York. SoftLayer, an IBM Company, provides cloud infrastructure as a service from a growing number of data centers and network points of presence around the world. SoftLayer’s customers range from Web startups to global enterprises.
Mar. 24, 2017 05:15 PM EDT Reads: 1,316
SYS-CON Events announced today that Ocean9will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Ocean9 provides cloud services for Backup, Disaster Recovery (DRaaS) and instant Innovation, and redefines enterprise infrastructure with its cloud native subscription offerings for mission critical SAP workloads.
Mar. 24, 2017 04:45 PM EDT Reads: 1,779
SYS-CON Events announced today that Linux Academy, the foremost online Linux and cloud training platform and community, will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Linux Academy was founded on the belief that providing high-quality, in-depth training should be available at an affordable price. Industry leaders in quality training, provided services, and student certification passes, its goal is to c...
Mar. 24, 2017 01:15 PM EDT Reads: 3,851
SYS-CON Events announced today that Telecom Reseller has been named “Media Sponsor” of SYS-CON's 20th International Cloud Expo, which will take place on June 6–8, 2017, at the Javits Center in New York City, NY. Telecom Reseller reports on Unified Communications, UCaaS, BPaaS for enterprise and SMBs. They report extensively on both customer premises based solutions such as IP-PBX as well as cloud based and hosted platforms.
Mar. 24, 2017 12:45 PM EDT Reads: 1,872
SYS-CON Events announced today that Loom Systems will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Founded in 2015, Loom Systems delivers an advanced AI solution to predict and prevent problems in the digital business. Loom stands alone in the industry as an AI analysis platform requiring no prior math knowledge from operators, leveraging the existing staff to succeed in the digital era. With offices in S...
Mar. 24, 2017 12:15 PM EDT Reads: 980
SYS-CON Events announced today that T-Mobile will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. As America's Un-carrier, T-Mobile US, Inc., is redefining the way consumers and businesses buy wireless services through leading product and service innovation. The Company's advanced nationwide 4G LTE network delivers outstanding wireless experiences to 67.4 million customers who are unwilling to compromise on ...
Mar. 24, 2017 12:00 PM EDT Reads: 1,905
SYS-CON Events announced today that Cloudistics, an on-premises cloud computing company, has been named “Bronze Sponsor” of SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Cloudistics delivers a complete public cloud experience with composable on-premises infrastructures to medium and large enterprises. Its software-defined technology natively converges network, storage, compute, virtualization, and management into a ...
Mar. 24, 2017 12:00 PM EDT Reads: 1,652
SYS-CON Events announced today that CA Technologies has been named “Platinum Sponsor” of SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY, and the 21st International Cloud Expo®, which will take place October 31-November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. CA Technologies helps customers succeed in a future where every business – from apparel to energy – is being rewritten by software. From ...
Mar. 24, 2017 10:45 AM EDT Reads: 1,437
SYS-CON Events announced today that Infranics will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Since 2000, Infranics has developed SysMaster Suite, which is required for the stable and efficient management of ICT infrastructure. The ICT management solution developed and provided by Infranics continues to add intelligence to the ICT infrastructure through the IMC (Infra Management Cycle) based on mathemat...
Mar. 24, 2017 09:45 AM EDT Reads: 2,747
Now that the world has connected “things,” we need to build these devices as truly intelligent in order to create instantaneous and precise results. This means you have to do as much of the processing at the point of entry as you can: at the edge. The killer use cases for IoT are becoming manifest through AI engines on edge devices. An autonomous car has this dual edge/cloud analytics model, producing precise, real-time results. In his session at @ThingsExpo, John Crupi, Vice President and Eng...
Mar. 24, 2017 08:45 AM EDT Reads: 3,692