Oxford, UK, 12th July 2006: Leading security specialist Vistorm today announced ambitious expansion plans as it revealed new intelligence indicating that the UK’s Information Assurance market will double in size to become a £1.3billion industry by 2010.
According to the IDC research commissioned by Vistorm, security threats have combined with increasing regulation and compliance to push IT security to the top of the country’s boardroom agendas. Rather than being technical point decisions made by CIOs, security issues now affect brand, reputation and image and are the subject of holistic Information Assurance policies dictated at executive level.
As a further indicator of this national swing, Vistorm has sustained impressive year-on-year growth. Overall orders are 30 per cent up on last year; there has been a 45 per cent increase in demand for professional services and a 20 per cent increase in managed services. Vistorm’s portfolio of clients include international recruitment specialist Glotel, English Welsh and Scottish Railways and Three Valleys Water.
“Our expansion plans are to grow the business again by 67 per cent overall next year,” revealed Vistorm’s general manager, sales and marketing, Darron Antill. “The growth in our professional services will be fuelled by our launch of eight new Information Assurance solution sets allied to our recently announced Information Assurance Appraisal - a high level security consulting service for executive boards.
“Plans to broaden our capability and increase our resources will support a 20 per cent growth in the managed services sector and we are already working towards significant increase in headcount, including new client directors plus technical and solution architects.
“Information Assurance has been around as a topic for quite a long time in the Government space but, as our analysis indicates, it is now booming in the corporate and commercial sectors and Vistorm is well positioned to support this growing market.”
For further information please contact:
Rebecca Dean/Natalie Gross
Insight Marketing and Communications
01625 506416 / 01625 506427
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Founded in 1991, Vistorm is a specialist in delivering industry leading security solutions. Partnering with leading manufacturers, Vistorm combines specialist Consulting, Technology and Managed Services capabilities to offer a complete portfolio of secure infrastructure services and solutions.
Vistorm believes that a clear information assurance strategy is fundamental to good corporate governance. In today’s business environment, stakeholder value can be too easily and often unwittingly damaged by information-based risks. Information capital needs to be compliant, secure, available, reliable and accurate. Without this assurance, there is a real danger of financial loss or damage to reputation.
Vistorm is headquartered in Daresbury, Cheshire with xx employees nationwide. For further information please visit www.vistorm.com <http://www.vistorm.com>