Tag Archives: International Data Corporation

Gemalto Gears Up forCards & Payments ME: Demo Line-Up IncludesWorld’s First Smart Kiosk and Latest Wearable Devices

Dubai, May 7th, 2015 (GLOBE NEWSWIRE) -– Gemalto (Euronext NL0000400653 GTO), the world leader in digital security, is gearing up for the 2015 edition of Cards & Payments Middle East– an annual event dedicated to the region’s growingpayments and smart cards market – and has engineered a rich mix of innovative solutions and live, interactive demonstrationsto present duringthe event’s two-day run, from May 12 to 13, at the Dubai International Convention & Exhibition Centre. The strong line-up will featurelatest,noteworthytechnologies such as wearable devices, mobile bankingand e-payment solutions as well as mobile government software and platformfor new-generation digital IDs. Headlining these demonstrationswill be an exclusive DubaiCard kiosk, the world’s first self-service kiosk to instantly issue payment cards, and will mark the technology’s foray into the UAE.

Powered by Gemalto’sDexxis Card Instant Issuance solution, which facilitates seamless and secure on-the-spot card issuance, the DubaiCard kiosk is set for widespread deploymentthis year; Dubai-based National Pay will install 200 kiosks across the Emirateas part of phase one of the technology’s nation-wide insertion. Unsurprisingly, this highly user-friendly, prompt-delivery hosted solution, with activation and issuance of a personalizedpayment card with a PINin under a minute, has been generating its fair share of interest in the Emirate and beyond.

Meanwhile, in line with the wearable technology revolution, which hit fever-pitch late last year and is set to compound at an annual rate of 78.4% over the next five years[*], Gemalto will also demonstrate the use of its Optelio Contactless MiniTag, facilitating ‘contactless’ transactions via wearable technology such as wristbands. Although demonstrations will centre on using these nifty wristbands to pay at shops, the Optelio Contactless MiniTag is billed as a multi-purpose solution, its uses ranging from serving as a prepaid payment devicefor  transportation or as a crowd management solution at large-scale events.

The world of financial services and payments is evolving at a brisk pace, with digital and mobile banking taking centre stage, and NFC payments following suit. New technologies and disruptive payment solutions are creating a vibrant marketplace with significant opportunities for payment innovations for both banked and unbanked markets” said Eric Claudel, President for Middle East and Africa at Gemalto. “Our solutions have the capability to support a wide range of customer demands for increasingly personalized, convenient, yet secure options, and our line-up of demos at Cards & Payments ME is designed to further validate this claim,”

About Gemalto
Gemalto (Euronext NL0000400653 GTO) is the world leader in digital security, with 2014 annual revenues of €2.5 billion and blue-chip customers in over 180 countries.

Gemalto helps people trust one another in an increasingly connected digital world. Billions of people want better lifestyles, smarter living environments, and the freedom to communicate, shop, travel, bank, entertain and work – anytime, everywhere – in ways that are enjoyable and safe. In this fast moving mobile and digital environment, we enable companies and administrations to offer a wide range of trusted and convenient services by securing financial transactions, mobile services, public and private clouds, eHealthcare systems, access to eGovernment services, the Internet and internet-of-things and transport ticketing systems.

Gemalto’s unique technology portfolio – from advanced cryptographic software embedded in a variety of familiar objects, to highly robust and scalable back-office platforms for authentication, encryption and digital credential management – is delivered by our world-class service teams. Our 14,000 employees operate out of 99 offices, 34 personalization and data centers, and 24 research and software development centers located in 46 countries.

For more information visit www.gemalto.com, www.justaskgemalto.com, blog.gemalto.com, or follow @gemalto on Twitter.

Gemalto media contacts:
Kristel Teyras
Middle East & Africa
+33 1 55 01 57 89
kristel.teyras@gemalto.com

GemaltoOptelio Contactless Wearable Pay Band

Source: International Data corporation (IDC)

Security Appliance Market Growth Continues to Slow in Third Quarter of 2012, According to IDC

FRAMINGHAM, Mass. – According to the International Data Corporation (IDC) Worldwide Quarterly Security Appliance Tracker, both factory revenue and unit shipments grew in the third quarter of 2012 (3Q12) compared to the previous year. Worldwide factory revenue was up 5.7% year over year to just over $2.0 billion, as shipments increased 1.0% to 499,022 units. In the previous quarter, factory revenue growth was 6.6% and unit growth was 5.8% compared to the second quarter of 2011.

Geographically, revenue grew fastest in Asia/Pacific (excluding Japan) with a 13.3% year-over-year increase. Western Europe continued to see sluggish growth, increasing just 0.5% year over year. Japan had the highest unit growth year over year of 8.3%, followed closely by combined Central and Eastern Europe and Middle East, and Africa at 7.9%. The United States recorded 4.6% revenue growth on a unit decrease of 1.2% versus 3Q11, indicating some softness in lower price bands and that revenue growth was driven by larger enterprises and service providers.

“Overall, macroeconomic conditions have been questionable at best. While the security market remains more resilient than others, there was a definite slow-down in growth rates in the third quarter,” said John Grady, research manager, Security Products at IDC. “That being said, the evolving threat landscape continues to drive spending on security products as organizations battle to keep their infrastructures secure and their data protected.”

The combined shares of the top 5 global vendors represented 48.5% of the market in 3Q12. Cisco continues to lead the overall security appliance market with 16.2% share in factory revenue for the third quarter, but this was down from 17.3% in the prior year period. Check Point held the number 2 spot with 12.8% share for the quarter as revenue increased 12.8% compared to the third quarter of 2011. Fortinet saw the largest growth among the top five vendors at 17.2%. The share of Others increased primarily due to strong quarters from Palo Alto Networks and Sourcefire.

Top 5 Vendors, Worldwide Security Appliance Revenue, Third Quarter of 2012

(revenues in $ millions)

Vendor    3Q12

Revenue

3Q12 Share    3Q11

Revenue

3Q11 Share 3Q12/3Q11

Growth

1. Cisco $326 16.2% $331 17.3% -1.5%
2. Check Point  $258 12.8% $229 12.0% 12.8%
3. Juniper $160 7.9% $171 9.0% -6.4%
4. Fortinet $120 5.9% $102 5.4% 17.2%
5.  McAfee $116 5.7% $110 5.7% 5.3%
Others $1,039 51.5% $967 50.6% 7.4%
Total $2,019 100% $1,910 100% 5.7%

Source: IDC Worldwide Quarterly Security Appliance Tracker, December 19, 2012

Functional Market Results

At the functional market level, the Unified Threat Management (UTM) segment saw the largest year-over-year revenue growth at 24.3% and accounted for 33.3% of security appliance revenues in 3Q12, as multi-function appliances continue to drive growth in the overall market. The Firewall/VPN market represented 26.7% of security appliance revenues thanks to 7.3% year-over-year growth due primarily to Cisco and Juniper. The IPS and VPN segments were the only markets to show revenue declines compared to 3Q11.

“The shift in network security for continuous security processes in detecting threats that other solutions miss is leading the move for unified security management for protection against advanced threats, modern malware, and data theft,” said Ebenezer Obeng-Nyarkoh, senior research analyst, Worldwide Trackers Group.

IDC’s Worldwide Quarterly Security Appliance Tracker is a quantitative tool for analyzing the global security market on a quarterly basis and is available on demand. The Tracker includes quarterly shipments and revenues (both customer and factory), segmented by vendor, family, model, region, operating system, price band, and security functions.

About IDC

International Data Corporation (IDC) is the premier global provider of market intelligence, advisory services, and events for the information technology, telecommunications, and consumer technology markets. IDC helps IT professionals, business executives, and the investment community to make fact-based decisions on technology purchases and business strategy. More than 1,000 IDC analysts provide global, regional, and local expertise on technology and industry opportunities and trends in over 110 countries. For more than 48 years, IDC has provided strategic insights to help our clients achieve their key business objectives. IDC is a subsidiary of IDG, the world’s leading technology media, research, and events company. You can learn more about IDC by visiting www.idc.com.

All product and company names may be trademarks or registered trademarks of their respective holders

Contacts
International Data Corporation
John Grady, 508-988-6743
jgrady@idc.com

or

Eb Obeng-Nyarkoh, 508-935-4356
eobeng-nyarkoh@idc.com

or

Michael Shirer, 508-935-4200
press@idc.com