July 1989Public1982Founded Source: SymantecSolutions. Symantecs History Oct 2001Lindner & PelcJuly 2001Foster-Melliar Dec 2000 AXENT Technologies Feb 2000L-3 Network Security ACT! and Visual Cafe Dec 1999July 1999 URLabs Nov 1998Quarterdeck CorporationSept 1998 Intels anti-virus business andsystems management technologyJune 1998 Binary Research Limited (Ghost) May 1998 IBMs anti-virus business andimmune system technology June 1998 Delrina (WinFax)June 1994 Central Point Software Aug 1990Peter Norton Computing, Inc. Prosproducts to supplyproducts, qualityRSA Algorithm customers withincreases Size does not always winConsist of only 3 Lack of personalized Limited productproducts service selectionMcAfee Low customer Only have security Cons Sniffer retention ratesoftwareMagic 12-Month Revenue Minimal marketMinimal market Growth has decreasedpenetrationpenetration 40.6% Goldilocks Like with the three bears, sometimes you just have to get the right fit.this security solution is too bigthis security solution is too smallthis security solution is just right 3 4. Key Competitors By focusing on a HUGE assortment ofsmall number ofName recognition.
What does the industry do? Consumer products for personal computersecurity Antivirus software Personal Firewalls Enterprise Security Large scale virus protection and filtering Corporate Firewalls/VPNs Vulnerability managementThreat Evolution Blended Threats 70,000 (Code Red, Nimda) Number of Known Threats 60,000Denial-of-Service (Yahoo!, eBay) 50,00040,000Mass Mailer Viruses(Love Letter/Melissa) 30,000 NetworkZombies 20,000Intrusions10,000Polymorphic Viruses (Tequila)VirusesSource: Symantec2 3. Cover Symantec Corporation Nasdaq: SYMC Jeff Galak & Mark Branden Stern - IAGThe Industry Computer Software & Services Security Software & Services Provide security solutions for both consumer and corporate needs The Security Services industry is expected to grow from a $3.6 Billion industry in 2000 to a $11.2 Billion industry in 2005 Thats 262% in 5 years or 29.4% annually Source: IDC1Ģ.
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