Absolute (TSX: ABT), the endpoint visibility and control company, today released a new commissioned Forrester Consulting study quantifying the Total Economic Impact and benefits of the Absolute platform. Forrester found that organizations that use Absolute to manage and secure their endpoints could obtain a return on investment (ROI) of up to 146 percent over three years. In addition, the study revealed that organizations that use the Absolute platform and its firmware-embedded Persistence technology could expect to receive $3.5 million in value over three years, with the technology beginning to pay back its users for their investment within only six months.
Research shows that companies struggle to maintain visibility and control over their endpoints, especially as global workforces conduct business remotely and cyber threats continue to grow at an alarming pace. The key challenge is the dark endpoint — those devices that are off the network, vulnerable to attack, operating with broken security controls or simply out of compliance.
“Even the most well-prepared and well-funded IT security organizations struggle to see and manage their entire ecosystem of endpoints,” said Steve Munford, Interim Chief Executive Officer at Absolute. “Endpoints are always on the move, security controls break far too easily, and many go dark when they fall off of the network. Businesses are looking for automated and effective ways to track, manage and secure endpoints in order to reduce business risk and save money. By implementing Absolute, we can help customers turn dark endpoints into resilient endpoints.”
Forrester’s results reveal significant cost savings for those managing IT help desk or incident response issues. Among the potential operational efficiency benefits, Forrester found the following:
The Total Economic Impact™ Of Absolute study was developed through extensive research into five of Absolute’s long-term customers. By using this research to create a composite organization, Forrester calculated both the quantifiable and the unquantified benefits from actual use of the Absolute platform.
According to one of those customers, an InfoSec manager at a corporate legal services company: “There’s nothing else out there that gives us that complete visibility of our devices. Knowing that as much as we protect our data — should the devices disappear, we know that there’s that degree of safety by going back to our client and saying, ‘The data has been wiped; you don’t need to worry.’”
To learn more about the Forrester Total Economic Impact study or to download a copy, visit https://www.absolute.com/tei. Or to register for our upcoming webinar on the Total Economic Impact of Endpoint Security, featuring Forrester’s Chris Sherman on March 29, 2018 at 11:00 am PT/2:00 pm ET, please visit: https://www.brighttalk.com/webcast/14813/307989.
Additional Information:
About Absolute
Absolute provides visibility and resilience
for every endpoint with self-healing endpoint security and
always-connected IT asset management to protect devices, data,
applications and users — on and off the network. Bridging the gap
between security and IT operations, only Absolute gives enterprises
visibility they can act on to protect every endpoint, remediate
vulnerabilities, and ensure compliance in the face of insider and
external threats. Absolute’s patented Persistence technology is already
embedded in the firmware of PC and mobile devices and trusted by over
15,000 customers worldwide. For the latest information, visit www.absolute.com
and follow us at @absolutecorp.
©2018 Absolute Software Corporation. All rights reserved. Absolute and Persistence are registered trademarks of Absolute Software Corporation. For patent information, visit www.absolute.com/patents. The Toronto Stock Exchange has neither approved nor disapproved of the information contained in this news release.
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