Banks, credit unions, insurance companies,
Netwrix Corporation Sees Monumental 249% Boost in Revenue in Q3 2009
Striking Increase Highlights Rapidly Expanding Need for Simple and Affordable Systems Management and Compliance Solutions Across All Business Sectors
PARAMUS, NJ--(Marketwire - October 20, 2009) - Netwrix Corporation, a provider of systems management and compliance solutions for IT infrastructure, today announced financial results that show a soaring revenue growth of 249% in Q3 2009 as compared to the same period in 2008. The findings underscore how significant Netwrix has become in the expansive and highly competitive systems management software arena.
Netwrix's rapid ascension in the IT solutions sector can be attributed to a number of relevant factors, including the company's ability to consistently develop innovative, easily deployable systems management products that deliver results. Netwrix solutions improve the operational efficiency of IT departments by reducing administrative support costs while increasing security and maintaining compliance. Furthermore, the attractive pricing structure paves the way for a growing number of companies -- even those with the tightest budget constraints -- to realize the full benefits of the close-to-instant ROI that the suite of Netwrix solutions delivers to their environments; this is a critical attribute in today's trying economic climate.
"Our top priority has always been to develop cutting-edge solutions that work to unify different aspects of systems management. We strive to create products that address the most crucial and pressing needs of today's IT professionals," said Netwrix President and CEO Michael Fimin. "I believe that our rapid and continued growth is not by accident. It is a direct reflection of the strategy dedicated to the evolving needs of our customers, which is precisely why we take all feedback seriously -- and that's something that all customers understand and respond to."
Netwrix provides a wide range of solutions for auditing, identity management, virtualization, endpoint security, and SIEM, focusing on organizational efficiency and compliance in different industry verticals.
About Netwrix Corporation
Established in 2006, Netwrix Corporation provides innovative and cost-effective solutions that simplify and automate the management of Windows networks. With in-depth knowledge and experience in managing Windows environments of all sizes, the company delivers solutions to meet complicated business requirements while fulfilling the best expectations of IT professionals. Netwrix Corporation is a privately held company headquartered in Paramus, New Jersey. For more information, please call 888-638-9749 or visit the website at http://www.netwrix.com.
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