STOCK TITAN

Trend Micro Unrivaled Performance Securing 2.5 Trillion Cloud Events Daily

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary

Trend Micro, a leader in cloud security, announced significant achievements in global cloud security during AWS re:Invent 2021. The company protects 6 million cloud workloads and boasts a 177% year-on-year sales growth in the AWS Marketplace. Trend Micro holds a 28% share of the global cloud workload security market. With over 20,000 customers in 114 countries, the surge in cloud investments has underscored the importance of secure cloud infrastructure. Trend Micro continues to innovate and expand its offerings, addressing the complexities of multi-cloud environments.

Positive
  • 6 million cloud workloads protected.
  • 177% year-on-year growth in AWS Marketplace sales.
  • 69% to over 90% improvement in customer cloud security posture scores.
  • 20,000 customers across 114 countries leveraging Cloud One.
  • 28% of the global cloud workload security market share.
Negative
  • None.

DALLAS, Nov. 29, 2021 /PRNewswire/ -- Trend Micro Incorporated (TYO: 4704; TSE: 4704), the leader in cloud security, today announced industry-breaking milestones reached in global cloud security.  Organizations migrating to the cloud predominantly pick Trend Micro for simple, scalable, and robust platform-based solutions.

AWS re:Invent 2021, a global cloud event, is November 29December 3 in Las Vegas at booth 777 and virtually at https://resources.trendmicro.com/AWSreInvent.html.

Trend Micro was the first security expert to secure cloud computing and helped in the establishment of the AWS Marketplace nearly a decade ago.

"Innovation, like development cycles, happens by the moment. When we added up cloud instances we protect in 24 hours, we were blown away that it is 2.5x higher than the closest competitors," said Kevin Simzer, COO of Trend Micro. "Our customers are the stars of that success with their advancements of developing applications in the cloud, vast majority using AWS."

  • Customers relying on Trend Micro's cloud security drove additional statistics:
  • 6 million cloud workloads protected
  • 177% year-on-year growth in sales from the AWS Marketplace
  • 69% to over 90% improvement in customer cloud security posture scores
  • 20,000 customers across 114 countries leveraging Trend Micro Cloud One  
  • 28% of the global cloud workload security market is accounted for by Trend Micro

The last two years brought a dramatic surge in cloud investments as organizations across the globe looked to streamline business processes, support remote workers and develop innovative new ways to reach customers. According to Gartner, the market is forecasted to grow 18% this year and even higher in 2022, to exceed $362 billion.

"Since it spotted the burgeoning need for dedicated cloud security over a decade ago, Trend Micro has remained at the bleeding edge with its feature offerings. It's why we see its market share in workload security as three times the size of the next-placed vendor," according to IDC. "However, Trend Micro hasn't rested on its laurels. It continues to add new functionality to its Cloud One platform, most recently to support DevSecOps, so that organizations can accelerate their cloud plans with confidence."

Investing in hybrid cloud infrastructure can lead to a perceived concern of an expanded corporate attack surface, inviting new business risks if not properly managed. Trend Micro has helped offset those realities by advising security leaders globally on mitigating risks, predicting the threat landscape, and navigating multi- and hybrid cloud complexity amidst talent shortages.

About Trend Micro
Trend Micro, a global cybersecurity leader, helps make the world safe for exchanging digital information. Fueled by decades of security expertise, global threat research, and continuous innovation, Trend Micro's cybersecurity platform protects hundreds of thousands of organizations and millions of individuals across clouds, networks, devices, and endpoints. As a leader in cloud and enterprise cybersecurity, the platform delivers a powerful range of advanced threat defense techniques optimized for environments like AWS, Microsoft, and Google, and central visibility for better, faster detection and response. With 7,000 employees across 65 countries, Trend Micro enables organizations to simplify and secure their connected world. www.TrendMicro.com.  

Cision View original content:https://www.prnewswire.com/news-releases/trend-micro-unrivaled-performance-securing-2-5-trillion-cloud-events-daily-301432198.html

SOURCE Trend Micro Incorporated

FAQ

What achievements did Trend Micro announce on November 29, 2021?

Trend Micro announced the protection of 6 million cloud workloads and a 177% year-on-year sales growth in the AWS Marketplace.

What market share does Trend Micro hold in global cloud security?

Trend Micro accounts for 28% of the global cloud workload security market.

How many customers does Trend Micro serve globally?

Trend Micro serves over 20,000 customers across 114 countries.

What is the significance of AWS re:Invent 2021 for Trend Micro?

AWS re:Invent 2021 highlighted Trend Micro's advancements in cloud security and allowed the company to showcase its innovative solutions.

What improvements have Trend Micro customers seen in cloud security posture?

Customers have reported a 69% to over 90% improvement in cloud security posture scores.

TREND MICRO INC S/ADR

OTC:TMICY

TMICY Rankings

TMICY Latest News

TMICY Stock Data

7.16B
131.19M
0.01%
Software - Infrastructure
Technology
Link
United States of America
Tokyo