BT NAMED LEADER IN THE IDC MARKETSCAPE FOR ASIA PACIFIC MANAGED SECURITY SERVICES
BT today announced that it has been named a “Leader” in the IDC MarketScape: Asia Pacific Managed Security Services 2016 Vendor Assessment report.*
In this year’s report, BT has moved from the Major Player category to the Leaders category. The report notes BT’s remarkable growth in the Asia Pacific cybersecurity market and its “cloud of clouds for security” strategy. The IDC MarketScape also notes BT’s extensive and diverse network of partnerships and its significant investments in internal security R&D.
Specifically, the IDC MarketScape report identifies BT’s strengths in the following key areas*:
- “BT has made excellent progress in terms of security business execution over the past 12 months. Over the past few years, BT has been maintaining a strict focus on profitable growth and undergoing a cost transformation. BT has freed up a significant amount of capital to invest for growth.”
- “BT has a strong presence in the banking and financial services vertical market. This affords BT an excellent understanding of customers and becomes an additional value proposition to customers. The highly regarded BT Radianz solution was one of the key attributors to its strong presence and mindshare in the vertical market.”
- “BT’s current progress and future blueprint for building new security operations centre in Asia Pacific have showcased the company's confidence and ambition in the region. Apart from the existing four security operations centres, BT is establishing another in Asia Pacific, covering both mature and fast-developing markets in the region.”
According to the report, “At a global level, BT has consolidated its security services and assigned a strong management team to run the security business. BT claims a staggering triple-digit year-on-year growth in Asia Pacific, with a high proportion of its sales coming from newly-acquired customers over the last year.”
The report states*: “BT is differentiating itself in the market with its “cloud of clouds for security” (BT has positioned itself as the leading cloud services integrator with its cloud of clouds messaging), offering customers scalability, flexibility and performance in a secure environment.
Kevin Taylor, President Asia Pacific, Middle East and Africa (AMEA), BT, said: “We are delighted to be named as a leader for managed security services in Asia Pacific by the IDC MarketScape. This recognition highlights BT’s continued investments in its security capabilities and the outstanding progress made over the past year. The result also demonstrates the success of our “cloud of clouds” strategy and BT’s ability to offer its customers scalability, flexibility and performance within a secure environment.”
*IDC MarketScape: Asia Pacific Managed Security Services 2016 Vendor Assessment, doc #AP40939616, October 2016
Link to the IDC Marketscape for Asia Pacific Managed Security Service report:
About IDC MarketScape
IDC MarketScape vendor analysis model is designed to provide an overview of the competitive fitness of ICT (information and communications technology) suppliers in a given market. The research methodology utilizes a rigorous scoring methodology based on both qualitative and quantitative criteria that results in a single graphical illustration of each vendor's position within a given market. IDC MarketScape provides a clear framework in which the product and service offerings, capabilities and strategies, and current and future market success factors of IT and telecommunications vendors can be meaningfully compared. The framework also provides technology buyers with a 360 degree assessment of the strengths and weaknesses of current and prospective vendors.
BT’s purpose is to use the power of communications to make a better world. It is one of the world’s leading providers of communications services and solutions, serving customers in 180 countries. Its principal activities include the provision of networked IT services globally; local, national and international telecommunications services to its customers for use at home, at work and on the move; broadband, TV and internet products and services; and converged fixed-mobile products and services.BT consists of six customer-facing lines of business: Consumer, EE, Business and Public Sector, Global Services, Wholesale and Ventures, and Openreach.
For the year ended 31 March 2016, BT Group’s reported revenue was £19,042m with reported profit before taxation of £3,029m.
British Telecommunications plc (BT) is a wholly-owned subsidiary of BT Group plc and encompasses virtually all businesses and assets of the BT Group. BT Group plc is listed on stock exchanges in London and New York.
For more information, visit www.btplc.com