Absolute Software Positioned in Three Gartner, Inc. Magic Quadrants
Vancouver, Canada: June 3, 2014 – Absolute® Software Corporation (TSX: ABT), the industry standard for persistent endpoint security and management solutions for computers, laptops, tablets and smartphones, today announced a positive change in position by Gartner, Inc. in the Visionaries quadrant of the Client Management Tools Magic Quadrant.*
This is the third year Absolute Software has been positioned as a Visionary in this Magic Quadrant. Absolute Software is also positioned in the Niche quadrant of the Gartner, Inc. Magic Quadrant for Mobile Device Management Software** and the Niche quadrant of the Magic Quadrant for Content-Aware Data Loss Prevention***.
Absolute Software’s client management solution, Absolute Manage®, allows customers to remotely manage all the devices in their deployment including PC, Mac®, Android, iOS, and Windows® Phone devices from within a single console. IT can replace multiple systems with a single solution so they can easily determine the status of each device, conduct typical IT maintenance routines, manage MDM and employee-owned devices and take immediate action if required.
The growth of non-Windows endpoints and the lessening dependence on Windows applications continue to be the most impactful trends in the client management tools market. Organizations are struggling to manage the growing variety of smartphones and tablets connecting to their corporate networks. This includes corporate-issued devices and BYOD.*
“We are pleased to see our continued movement up in the Visionaries quadrant of the Client Management Tools Magic Quadrant,” said Errol Olsen, Interim CEO at Absolute Software. “We believe one of the key strengths of Absolute Manage is the breadth of device coverage, supporting Windows PCs, Mac OS X, iOS, Android and Windows Phone. Our customers have told us loud and clear that they want one solution that will support many devices.”
For inclusion in the May 22, 2014 Magic Quadrant for Client Management Tools, vendor solutions were considered based on the following functions: software distribution, hardware and software inventory, OS deployment, and patch management as well as other functionality often included such as remote control, security configuration management, and software packaging. In addition, Gartner also looked at cross-platform and mobile support, workflow capabilities to automate client management processes, and self-service capabilities that were generally available as of February 19th, 2014.
Disclaimer:
Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.
*Gartner, Inc., Magic Quadrant for Client Management Tools, Kevin Knox & Terrence Cosgrove, May 22, 2014; **Gartner, Inc., Magic Quadrant for Mobile Device Management Software, Phillip Redman, et al, May 23, 2013 ***Gartner, Inc., Magic Quadrant for Content-Aware Data Loss Prevention, Eric Ouellet, December 12, 2013.
About Absolute
Absolute empowers more than 12,000 customers worldwide to protect devices, data, applications, and users against theft or attack — both on and off the corporate network. With the industry’s only tamper-proof endpoint visibility and control solution, Absolute allows IT organizations to enforce asset management, security hygiene, and data compliance for today’s remote digital workforces. Absolute’s patented Persistence® technology is embedded in the firmware of Dell, HP, Lenovo, and 22 other leading manufacturers’ devices for vendor-agnostic coverage, tamper-proof resilience, and ease of deployment. See how it works at www.absolute.com and follow us at @absolutecorp.
Forward-Looking Statements
This press release contains forward-looking statements and financial outlook that involve risks and uncertainties. These forward-looking statements and financial outlook relate to, among other things, the expected performance, functionality and availability of the Company’s services and products, and other expectations, intentions and plans contained in this press release that are not historical facts. When used in this press release, the words “plan,” “expect,” “believe” and similar expressions generally identify forward-looking statements. These statements reflect the Company’s current expectations. They are subject to a number of risks and uncertainties, including, but not limited to, changes in technology and general market conditions. In light of the many risks and uncertainties, readers of the press release should understand that Absolute cannot assure them that the forward-looking statements and financial outlook contained in this press release will be realized. Furthermore, the forward-looking statements and financial outlook contained in this press release are made as of the date hereof and the Company does not undertake any obligation to update publicly or to revise any of the included forward-looking statements and financial outlook, whether as a result of new information, future events or otherwise, except as may be required by applicable securities laws.
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For more information, please contact:
Media and Analyst Relations
Jill Rosenthal, InkHouse
absolute@inkhouse.com or 781-966-4167
Investor Relations
Joo-Hun Kim, MKR Group
joohunkim@mkrir.com or 212-868-6760