Forescout Solidifies NAC Market Leadership with Record Growth and Market Share Gains
Ease of Deployment Drives Adoption of Forescout CounterACT
Cupertino, Calif. – February 17 2010 – Forescout, a leading provider of network access control (NAC) for Fortune 1000 enterprises and government organizations, today announced record growth, market share gains and 150 new customers in 2009.
Despite the recession and analyst predictions of slowed NAC adoption, Forescout closed the fourth quarter and 2009 fiscal year on December 31 with double digit growth, significantly increasing its market share in the network access control products market. Its fourth year of steady gains, Forescout is second only to Cisco in a market which analyst firm Frost and Sullivan predicts will grow to $295.8 million by 2015.
Throughout 2009 Forescout received a number of positive reviews and accolades from the press. Forescout received awards from InfoWorld, SC Magazine, Info Security Products Guide and Government Security News.
Demand for Forescout CounterACT was driven by the increasing need for economical and easy-to-implement solutions designed to reinforce desktop security and protect sensitive data. Organizations are finding that the money they have poured into desktop security tools — such as antivirus, encryption, data loss prevention, and patch management – is often wasted because those systems are not fully deployed, not active, or not up-to-date. Forescout CounterACT can provide real-time visibility into every device on the network, both known and unknown, can identify gaps in protection, and can automatically correct endpoint security problems.
Eighty percent of Forescout’s new and existing customers are Cisco shops who have chosen Forescout CounterACT over Cisco NAC because Forescout CounterACT is more cost effective and easier to deploy and manage. Forescout has provided these organizations with a solution that leverages and augments existing infrastructure, rather than needlessly replacing, upgrading or reconfiguring the existing network.
“Our customers and prospects are always looking at ways to reduce costs while improving productivity and security. The recession accentuated this trend," said Gord Boyce, President and CEO of Forescout. “Forescout’s success in tough economic times is because we enable both productivity and security."
During 2009 Forescout added 150 new customers in a variety of vertical markets including manufacturing, financial, government, telecom, transportation and healthcare. This represented a significant increase in Forescout already extensive customer base.
Providing real-time visibility into every device on the network, both known and unknown, CounterACT can detect whether existing security tools such as antivirus, encryption, data loss prevention, and patch management are completely deployed or non-operational. Once this is determined CounterACT will automatically remediate security deficiencies by updating antivirus, installing and/or activating DLP agents. The result is better security and greater ROI on a company’s existing security investments.
RSA CONFERENCE 2010 – Forescout Booth #739
The latest CounterACT innovations will be demonstrated in Forescout Booth #739 at the upcoming RSA Conference 2010, March 1 to 4, Moscone Center/San Francisco.
About Forescout Technologies, Inc.
Forescout is the leading provider of access control and compliance solutions. With top-tier customers from every vertical, Forescout has perfected the art of providing strong access control without disrupting network operations or needlessly punishing end users. Forescout’s flagship product, CounterACT, protects over 500 of the world’s most secure enterprises and military installations with global deployments spanning 37 countries. The CounterACT family of products provides a path to complete security policy enforcement and is fast and easy for administrators to deploy, manage and maintain. For more about the company and its products, visit www.forescout.com.