iboss Experiences Explosive Revenue and Customer Growth
103% Year-Over-Year New Bookings Growth and 200% increase in large enterprise deployments
Boston, MA July 30, 2019 – iboss, recognized as a leading cloud security platform, has announced record growth for first half of 2019. iboss has experienced over 100% year-over-year growth on net new bookings and a 200% increase in large enterprise deployments across key verticals including insurance, finance, retail, manufacturing and the public-sector. These milestones re-enforce iboss’s position as a leading cloud cybersecurity player and the shift from on-premise network security appliances to cloud delivered cybersecurity platforms.
This rapid growth at iboss speaks to the soaring market demand for cloud security which is driven by organizations aggressively moving to cloud-based SaaS platforms as they reduce their on-premise datacenter and network infrastructure footprint.
According to Gartner, Cloud Management and Security Services revenue is expected to nearly double from $10.5 billion dollars in 2018 to $17.9 billion dollars by 2022. iboss’s proprietary cloud architecture is built for the cloud from the ground up allowing organizations to migrate internet security from on premise appliances to the cloud seamlessly. By moving security to the cloud, iboss allows organizations to provide consistent security regardless of user location and easily support exponential bandwidth consumption without worrying about purchasing and managing expensive network infrastructure.
CEO and Founder Paul Martini stated, “iboss is a pioneer in cloud security and our architecture has proven that it can deliver virtually any security function typically found in network appliances in the cloud as a SaaS solution. Our massive growth and adoption reflects years of innovation with a focus on making security in the cloud seamless and quickly achievable by even the largest enterprise organizations.”
iboss is a cloud security company that provides organizations and their employees secure access to the Internet on any device, from any location, in the cloud. This eliminates the need for traditional security appliances, which are ineffective at protecting a cloud-first and mobile world. Leveraging a purpose-built cloud architecture backed by over 100 patents and more than 100 points of presence globally, iboss protects more than 4,000 organizations worldwide. To learn more, visit www.iboss.com.