Business Daily Media

Business Marketing

Trend Micro Maintains Strong Lead in Cloud Workload Security Market

Industry leader’s market share nearly triples its nearest competitor

HONG KONG SAR - Media OutReach - 27 July 2022 - Global cybersecurity leader Trend Micro today celebrated its continued leadership role in the fast-growing global market for cloud security, according to the latest the IDC market share report on Cloud Workload Security*.

To read a full copy of the IDC report, "Worldwide Cloud Workload Security Market Shares, 2021: Prepare for a Wild Ride," please visit: https://www.trendmicro.com/explore/idc-cloud-workload-security

Throughout two years of global crisis, enterprise leaders invested in cloud infrastructure and services to streamline business processes, lower costs and create innovative new customer experiences. They also turned to trusted partners to manage and mitigate the resulting cyber risk. That's created a market for cloud workload security which surged 36% year-on-year in 2021, according to the IDC market share report.

Trend Micro Cloud One was built for this. As business-critical cloud-native applications increase complexity and broaden the corporate cyber-attack surface, Trend Micro offers cloud builders visibility into cloud security and operational posture, enables discovery of threats, risks, and misconfigurations in open-source pipelines, and provides security for:

  • File and object storage
  • Workloads and virtual machines
  • Cloud networks and virtual private cloud
  • Cloud-native applications

Kevin Simzer, COO at Trend Micro: "According to the IDC market share report, global organizations spent $2.2bn last year on cloud security and nearly 18% of them partnered with us. Our automated, flexible, all-in-one platform delivers the simplicity and powerful protection they need to secure critical digital transformation initiatives. This commitment to cloud security has kept Trend Micro on top for over a decade."

According to Trend Micro's data, the company experienced 53% customer growth in the AWS marketplace in 2021, leading to a 134% year-on-year revenue increase in the marketplace. Revenues from cloud workload security were greater than the second and third largest players combined, according to the IDC market share report.

The independent market analysis also noted Trend Micro's continued focus on the channel and marketplace-centric selling:

"Frankly, customers like to buy cloud security much like they buy cloud, which means buying security through cloud marketplaces," it says. "In addition, buying through a cloud marketplace provides customers transparency of the spend and enables security units to pass the cost of security to individual business unit application owners. It is a win for security."

*IDC, Worldwide Cloud Workload Security Market Shares, 2021: Prepare for a Wild Ride, doc #US49295722, July 2022

Hashtag: #TrendMicro

About Trend Micro

Trend Micro, a global cybersecurity leader, helps make the world safe for exchanging digital information. Fueled by decades of security expertise, global threat research, and continuous innovation, Trend Micro's cybersecurity platform protects hundreds of thousands of organizations and millions of individuals across clouds, networks, devices, and endpoints. As a leader in cloud and enterprise cybersecurity, the platform delivers a powerful range of advanced threat defense techniques optimized for environments like AWS, Microsoft, and Google, and central visibility for better, faster detection and response. With 7,000 employees across 65 countries, Trend Micro enables organizations to simplify and secure their connected world.

News from Asia

Asia Pacific Enterprise Achievement Award 2024

Organized by Echolade, a brand of Pulse Radar Limited Recognizing outstanding companies HONG KONG SAR - Media OutReach Newswire - 26 March 2024 – Organized by Echolade, a brand of Pulse Radar ...

NeuroTree Reveals How Hidden Visual Skills Can Affect Learning in Children

SINGAPORE - Media OutReach Newswire - 26 March 2024 - Recent research showcased in Frontiers in Education unveils a previously overlooked influence on reading development: the crucial ...

Opening ceremony for Lingnan University Institute for Advanced Study to attract world-class scholars

HONG KONG SAR - Media OutReach Newswire - 26 March 2024 - Lingnan University announced today (26 March) the establishment of the Lingnan University Institute for Advanced Study (LUIAS), and held a...

UN Digital Buddhism Research & Innovation Center Makes A Stunning Debut, NetDragon Digital Religion Department Assist Thailand's National Buddhist Strategic Deployment

BANGKOK, THAILAND - Media OutReach Newswire - 26 March 2024 - On March 20, 2024, at the request and arrangement of Thailand National Center for The Dissemination of Buddhism and National Buddhist ...

Hydroball Technics Pledges Support for Singapore's Zero Net Emission Target by 2050 with HydroBall Automatic Tube Cleaning (ATC) System

SINGAPORE - Media OutReach Newswire - 26 March 2024 - Hydroball Technics Singapore, a pioneer in Green Energy & Water Conservation since 2003, is making significant strides in promoting enviro...

Kerry Logistics Network Announces 2023 Annual Results

HONG KONG SAR - Media OutReach Newswire - 26 March 2024 - Kerry Logistics Network Limited ('Kerry Logistics Network' or together with its subsidiaries, the 'Group' or 'KLN Group'; Stock Code 0636...

VinFast introduces a comprehensive electric vehicle lineup at BIMS 2024

BANGKOK, THAILAND - Media OutReach Newswire - 26 March 2024 - At the Bangkok International Motor Show (BIMS) 2024, VinFast Auto (Nasdaq: VFS) introduces a diverse range of green mobility solution...

ZJLD Group Recorded Revenue of more than RMB7 Billion for FY2023 Annual Results

The Premiumization Strategy Saw Outstanding Results, and Brand Reputation Steadily Escalated HONG KONG SAR - Media OutReach Newswire - 26 March 2024 - ZJLD Group Inc. ("ZJLD" or the "Company", t...

Central Department Store, under Central Retail, Massively Invests Bt 4 Billion to Transform Central Chidlom to a Luxury Department Store, "The Store of Bangkok"

BANGKOK, THAILAND - Media OutReach Newswire - 26 March 2024 - Central Department Store, under Central Retail Corporation, has announced a substantial investment of 4 billion baht to transform Cent...

Global Trading Platform Moomoo CA Rings the Opening Bell at Toronto Stock Exchange

TORONTO, CANADA - Media OutReach Newswire - 26 March 2024 - Moomoo Financial Canada Inc. (Moomoo CA), a leading next generation stock trading platform, rings the opening bell at the Toronto Stock...

Popular

XVenture introduces new benchmark in remote team learning

XVenture, leaders in the creation and delivery of cutting-edge learning and development programs, have created a world-first, completely virtual team mind-training solution for building adaptability and collaboration. The ini...

Melt Ventures announces an initial $10 million to power the world’s most innovative hardware

Investors in Allegro Energy, Endua, MGA Thermal and more, announces new fund and doubles down on investment in long-duration energy storage  Melt Ventures, Australia’s first fund dedicated to advanced manufacturing, has today...

Suburban shopping centres tipped to drive improved mental health across the country

While many parts of the retail sector are struggling due to the impact of COVID, it seems suburban shopping centres have emerged as the shining light – and not for the reasons you’d most expect.   One expert is suggesting that...

Virtual Office
Tomorrow Business Growth