Kaspersky Lab continues rapid growth with revenues up 14% in 2011
Kaspersky Lab, a leading developer of IT security products and solutions, announces that it successfully achieved significant sales growth in 2011. According to Kaspersky Lab’s management reporting results for 2011*, the company’s revenues reached US$612 million, up 14% worldwide and showed growth in all regions.
“2011 has been extremely challenging for the entire IT security industry. Despite tackling an ever-growing array of complex new threats in difficult market conditions, Kaspersky Lab has successfully achieved significant sales growth. Our global team has worked really hard to develop many new innovative technologies and to implement them in our latest products. We are proud of the high regard that our work has received worldwide,” commented Eugene Kaspersky, Chairman and CEO of Kaspersky Lab. “We are ready for the new challenges of the upcoming year, further improving technologies and developing our business success worldwide.”
To meet these new challenges, Kaspersky Lab has implemented changes to its organizational structure in late 2011. The management team is geared towards faster decision making while maintaining the flexibility and innovation of the company as a whole to ensure the best possible working practices and high motivation among Kaspersky Lab employees. The company has also recently announced that it intends to stay private, which will help to remain efficient and flexible in order to be competitive in today’s dynamic global market. Kaspersky Lab will concentrate on differentiation by technological innovation and organic growth, and will continue expanding its global partnership community basing on a localized sales approach. IT security product strategy continues as the major focus, targeting a comprehensive product portfolio where each product or solution addresses a specific customer.
Kaspersky Lab’s outstanding technological achievements and new innovative products resulted in new strategic partnerships during 2011, with global brands like Samsung, Sony, Ferrari, and others joining Kaspersky to achieve mutual success.
In January 2012 Kaspersky Lab has officially been named a “Leader” in the Gartner Magic Quadrant for Endpoint Protection Platforms.** That recognition is partly the result of the company launching its new corporate solution: Kaspersky Endpoint Security 8 during 2011, which uses Kaspersky Lab’s latest intelligent hybrid security technologies, combined with the deepest possible anti-malware protection and a wide range of security tools like Kaspersky Security Center, the matching management console.
“We will continue to focus on our strategy of differentiation through technology and innovation in the next years and concentrate on our core competence, endpoint protection and IT security”, says Petr Merkulov, Chief Product Officer. “In 2012 Kaspersky Lab will launch a range of new and exciting IT security products in both the consumer and the corporate area which will highlight our user centric and Endpoint Protection Platform approach.”