Graph illustrating 121% growth in UK revenues for Netwrix - Global Banking & Finance Review
This image represents the impressive 121% revenue growth of Netwrix in the UK for Q2 2014, reflecting the company's success in IT auditing and network security.
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NETWRIX ANNOUNCES 121 PERCENT GROWTH IN THE UK

Published by Gbaf News

Posted on August 26, 2014

2 min read
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Race to secure network infrastructures drives record Q2 results in company’s history

UK Revenue Surges Amid Security Concerns

Netwrix, a leading provider of change and configuration auditing software has announced record results for Q2 2014, marking the best Q2 quarter in the company’s history. Revenues in the UK grew by 121% compared to the same period last year and by 90% across EMEA, reflecting continued expansion in Europe and accelerated customer acquisition – with the number of customers worldwide increasing by a third compared to the Q2 in 2013.  Revenues from Netwrix Auditor for Active Directory alone in Q2 2014 increased by 185% compared to the same period last year.

“The avalanche of threats and security breaches have shown just how vulnerable IT infrastructures are,” said Michael Fimin, CEO of Netwrix. “Security breaches such as the ones experienced by Target, eBay and many healthcare organisations have had devastating consequences. The absence of proper change and configuration auditing makes it impossible to take the whole IT infrastructure under control in order to maintain security and assure compliance. This is where the Netwrix Auditor platform makes a bold step into the future of IT auditing.”

Michael Fimin

Michael Fimin

New Netwrix Auditor 6.0 Features Drive Growth

The release of Netwrix Auditor 6.0, which includes key new features such as Enterprise overview dashboards and comprehensive SharePoint auditing, helped to drive the record growth at Netwrix.

Customer Engagement and Satisfaction Milestones

The period also saw record participation in the company’s annual online Virtual Customer Summit and 100% satisfaction rating for Netwrix customer support.

Key Takeaways

  • Netwrix achieved its strongest Q2 on record in 2014.
  • UK revenues surged 121% year‑over‑year in Q2 2014.
  • EMEA region saw 90% growth over the same period.
  • Netwrix Auditor for Active Directory revenues jumped 185% year‑over‑year.
  • Launch of Netwrix Auditor 6.0, featuring dashboards and SharePoint auditing, contributed to growth.

References

Frequently Asked Questions

What drove the 121% growth in the UK?
Strong demand for change and configuration auditing solutions amid rising security threats, boosted by new Netwrix Auditor 6.0 features such as dashboards and SharePoint auditing.
What is Netwrix Auditor 6.0?
A software release in Q2 2014 that introduced Enterprise Overview dashboards and comprehensive SharePoint auditing, enhancing visibility and compliance.
How did other regions perform in Q2 2014?
EMEA overall grew 90% compared to Q2 2013.
How did the flagship product perform?
Netwrix Auditor for Active Directory revenues increased by 185% year‑over‑year.

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