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India Business Volume 2 Symantec Size Business Superbrands- 2nd edition(Main) 8/27/08 4:12 AM Page 136 Market 30% of the world’s email traffic. At the as Global Market Share Leader in Enterprise Adware, spyware, worms, viruses, trojans, company’s three security operation centres – Backup; Backup and Recovery Software; Core spam… computer users the world over are one of which is in India – employees analyse Storage Management Software; and Email Active now familiar with these gremlins that often and correlate emerging threats to help Archiving. Between 2006 and 2007, in the make working on a PC or laptop a nightmare. customers prepare for and withstand attacks. Gartner Magic Quadrants, the company was There is a universal quest for a protector.The Powerful protection – and only available from listed as a leader in PC Configuration Life Cycle one name that has become virtually Symantec – is the company credo. Its pedigree Management; Managed Security Services synonymous with computer software, is supported by other illustrious names and Providers (NA); Storage Services; Security particularly in the realms of security and includes industry leaders such as Veritas, Altiris Information and Event Management; Email information management is Symantec. and Brightmail (Source: archival data). Active Archiving; Content Monitoring and Headquartered in Cupertino, California, the Filtering for Data Loss Prevention and Email US$ 5.19 billion (Rs. 20,760 crore) company Achievements Security Boundary. operates in more than 40 countries and is part Its aptitude to successfully integrate acquired During the last two years, the accolades and of the NASDAQ and Fortune 500 listing. technologies has kept Symantec at the front of recognition have been overwhelming. Symantec With 17,500 employees, Symantec has grown the industry and facilitated best-of-breed was named a leader in several Forrester Waves: into the world’s fourth largest independent solutions for millions of corporate and individual Enterprise Database Monitoring and Real-Time software company through a combination of customers.The company has earned almost Protection; Client Management Suites; Enterprise internal development and strategic acquisitions. every major technology award and top-tier Security Information Management; Information Symantec’s growth has been a planned one. It ranking from industry analysts.This explains why Leak Prevention and IT Asset Management. has always kept an ear to the ground, listening the Symantec brand remains so imminently History Symantec Corporation was founded in 1982 and incorporated in Delaware. It was designed to provide a range of solutions to help individuals and enterprises feel assured that the integrity of their information technology infrastructure as well as the information itself was not being compromised. In other words Symantec was in the business of providing on-line security against virus attacks. Early in its life, Symantec earned its spurs as the publisher of Q&A – a dual-mode product that was both a word processor and a data base. It was also well-known for its development tools, particularly to customers and creating technologies that powerful, year after year. THINK Pascal,THINK C, Symantec C++ and have synchronised and blended with their needs. In 2007, International Data Corporation Visual Cafe packages that were popular on the To accomplish this feat the company has used (IDC) recognised Symantec in a wide range of Macintosh and IBM PC compatible platforms. In several methods and techniques. award categories including Data Protection and the 1990s two things happened: Symantec The Symantec Global Intelligence Network is Recovery; Cross–platform provider of Clustering exited the development tools business and an extraordinary resource for the company’s and Availability; Email Archiving Applications; switched focus, away from development of its customers, providing real-time view of emerging Security and Vulnerability Management; and own products, towards acquisition of companies. digital threats almost anywhere in the world. Policy and Compliance, and Host and An early purchase gave Symantec ownership of With more than 40,000 sensors in 180 Vulnerability Software; plus an award for Norton Utilities, created in the mid-1980s by countries and more than 6200 managed security software developed for Messaging Security and software engineer, Peter Norton. devices, Symantec gathers malicious code data Virus Protection. In 2003, Symantec acquired PowerQuest, the from 120 million systems and scans more than In the same year, Gartner rated the company company that developed PartitionMagic.Today, 136 SUPERBRANDS Business Superbrands- 2nd edition(Main) 8/27/08 4:12 AM Page 137 sectors aims to reduce CO2 emissions throughout the region to 20% below the 1990 levels, by 2010. Promotion One of the company’s key objectives is to reach out to consumers and educate them on how to defend their computer data from virus attacks. Online threats today are more sophisticated, damaging and potentially dangerous than ever before. Symantec plays an important role in educating people about online frauds, theft of personal information and other cyber crimes. Symantec participates in public- Symantec continues to sell this software but storage software data.The former includes policy dialogue and law-enforcement efforts under the Norton PartitionMagic brand.This is products that protect consumers and geared towards detecting and deterring cyber true also of the NetWare Partition Manager – enterprises from threats to computers, offence.The company also supports the ServerMagic and PowerQuest's Drive Image computer networks and electronic information development of the next generation of cyber software which replaced the original devices and platforms.The latter includes security talent through its internship and Norton Ghost. products that archive, protect and recover scholarship programmes. On 16th December 2004,Veritas and business-critical data. By themselves these are Symantec announced their plans to merge. With huge businesses and require special focus.To Brand Values Veritas valued at US$ 13.50 billion (Rs. 54,000 strengthen their operations and to exploit their The company’s core belief is that people should crore) it was the largest software industry full potential, Symantec, on 31st March 2006, be able to work and play freely in a connected merger of its time. Symantec's shareholders restructured its business into six operating world and that customers should have voted to approve the merger on 24th June segments: Consumer Products, Enterprise confidence in their connected experience – 2005 and the deal closed successfully on Security, Data Protection, Storage and Server infrastructure, information and interactions. 2nd July – two days before America’s 229th Management, Services and Others. All employees are instilled with values Independence Day. After the merger, Symantec designed to give substance to this belief.The had a considerably expanded portfolio including Recent Developments company encourages the promotion of storage related products such as the popular Symantec’s rise to technological eminence and innovation through creativity and collaboration; Veritas File System (VxFS),Veritas Volume its progress in the pecking order of the world’s it extols employees to achieve goals and exceed Manager (VxVM) and Veritas Volume most influential and powerful companies is a customer expectations; it advocates the Replicator (VxVR). matter of public record. From being ranked 672 inculcation of attributes of honesty and integrity; On 16th August 2005, Symantec acquired in the Fortune listing in 2006, Symantec climbed and it promotes fairness and accountability. Sygate a security software firm with about 200 to 515 in 2007 and propelled itself to 461 in As a critical component in keeping the world staff, based in Fremont, California. By the end of 2008 – breaking into the 500 league for the networked, Symantec is fully apprised of its November of the same year all Sygate personal first time. crucial role.This explains why it usually has an firewall products were discontinued by In consolidating its position and refocusing on antidote ready before a virus attack. Symantec and those in production were its core competencies, Symantec announced in rechristened Norton Personal Firewall. January 2008 that it was spinning off its www.symantec.com In 2007, Symantec announced plans to Application Performance Management (APM) acquire Altiris, a company established in 1998 (Precise Software Solutions) business to Vector and headquartered in Lincoln, Utah, in the US.The acquisition was completed three months later. Altiris specialised in service-oriented management software which allowed organisations to better manage IT assets.The company also had software for web services and security and systems management products. Product Symantec is also an industry leader in comprehensive electronic messaging security, offering solutions for instant Capital. However, to ensure that the transition messaging, antispam, antivirus, legal compliance, is a smooth one, Symantec will support the THINGS YOU DIDN’T KNOW ABOUT content compliance, legal discovery and message APM business post closing via a transition archiving. services agreement. Symantec The company's popular Norton brand of In another development – and as evidence of consumer security software solutions provides its concern for the environment – Symantec has The company holds over 350 US patents protection for Windows and Macintosh launched a massive
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