Industry Analyst Firm Selects IMlogic as Market Leader with Largest Installed Base and Revenue Market Share in 2005
IMlogic Inc., the global market leader for instant messaging management and security software, today announced it has been named the dominant player in the IM management industry by analyst firm The Radicati Group. The extensive study forecasts IMlogic as the market leader in both customer deployments and revenue by the end of 2005, with a 25 percent installed base market share, and a 27 percent revenue market share. The study further highlights IMlogic’s best-of-breed technology, strong partnerships in instant messaging and security, and leadership over the competition as key differentiators in a market positioned for substantial growth from 2005 – 2009.
“We are honored to be selected by the Radicati Group as the leader in our industry” said IMlogic CEO and President Francis de Souza. “Our recent milestones, including record revenue growth in Q2 and achieving the status of the first company in the industry to have over one million seats under management, are testimonies to the rapidly growing IM security market. IMlogic is committed to this market and will continue to invest in our products, partnerships, and people to meet the large and growing market opportunity.”
The Radicati Group study predicts that enterprise IM will jump from an installed base of 51 million users in 2005 to 126 million in 2009, fueled by broad-based adoption across both industries and geographies. The security risks of unmonitored and uncontrolled IM usage have created a critical need for IMlogic’s solutions, offering companies a best-of-breed solution to capitalize on the business benefits of IM while mitigating the risks of IM viruses, worms, SPIM, compliance violations, and information security leaks. IMlogic IM Manager is the industry standard for IM management and security, meeting the most rigorous requirements for management, compliance, and security demanded by the largest enterprises. As of Q2 2005, IMlogic increased its customer base to over 600 enterprise customers and over one million seats under management, including deployments in greater than 25 percent of the Fortune 100.
“The IM management market segment will continue to experience growth over the next four years as instant messaging continues to penetrate various business sectors,” said Sara Radicati, President & CEO, The Radicati Group, Inc. “IMlogic is the leader in this market and is well positioned to capitalize on the growing need to manage IM for business.”
About IMlogic, Inc. IMlogic, Inc. is the market leader in enterprise software for instant messaging, the world’s fastest growing communications medium of all time. The largest Fortune 1000 companies across the financial services, energy, healthcare, government, media, telecommunications, technology, and manufacturing industries depend on IMlogic to manage, control and secure corporate IM usage, while satisfying compliance requirements associated with real-time electronic communications. For more information on IMlogic call 877-IMlogic or visit www.imlogic.com.