According to a recent report published by Forrester Research entitled The Evolution of IT Security, 2010 To 2011, 88 percent of firms are focusing their IT security investments on boosting their data security defenses. With the increasing migration and distribution of data from physical servers to virtual environments and cloud infrastructures, enterprises need to maintain the same security controls and audit capabilities used in their datacenters regardless of the location of sensitive and regulated information. Vormetric enables companies to encrypt any file, any database, any application, anywhere it resides- without sacrificing application performance or creating key management complexity.
"Our strong growth is due to rapidly increased market demand to broadly protect enterprise data and our unique ability to address that need for both structured and unstructured data in physical, virtual, and cloud environments", said Richard Gorman, president and CEO of Vormetric. "Customers choose Vormetric as their enterprise standard because we can meet all their encryption needs while ensuring top notch availability and performance are maintained. In addition, the introduction of Vormetric encryption for the Cloud has also developed significant traction. Virtually every organization we speak with is looking at ways to use the cloud as an extension of their datacenter, but security, especially for sensitive data, is one of the most pressing requirements to address for cloud initiatives."