Demand for Secure Access, Hybrid IT and Zero Trust Drive Pulse Secure to Double-Digit Growth
August 15, 2019Pulse Secure, the leading provider of software defined Secure Access solutions, today announced that growing demand for hybrid IT and Zero Trust Secure Access, resulted in double digit deal volume growth in the first half of 2019. Additionally, the company announced significant achievements in product innovation, channel programs, customer service and talent acquisition.
“Our sales growth demonstrates that we offer
the most flexible and robust platform for Secure Access. We are ideally
positioned to capitalize on expansion in the marketplace and accelerate demand
for our suites for the rest of this year and into 2020,” said Sudhakar Ramakrishna, CEO of Pulse Secure, noting a recent IDG survey finding that 91% of
enterprises plan to increase Secure Access expenditures over the next 18
months.
“With the launch of our new Software Defined
Perimeter (SDP) solution, we significantly advanced our Zero Trust Network Access
(ZTNA) capabilities offered by our industry-leading portfolio,” Ramakrishna
added. “Fueling our achievements across product innovation, sales and customer
service is our strong culture of respect, integrity, commitment and humility,
which helped earn us a spot in
the top San Francisco Bay Area workplaces for the second year running.”
Pulse Secure is uniquely positioned to bring together crucial secure access functions with required interoperability for hybrid IT and multi-cloud. Key milestones behind the company’s outstanding growth for 1H2019 include:
- Pulse Secure Access Suites sales grew by 98% year over year; nearly twice the demand for suites over last year
- Pulse Secure realized double-digit deal volume growth, including new products and service business, with subscriptions increasing by 44%
- Bookings included the highest number of deals greater than $100,000 in Pulse Secure history
- Pulse One Manager, including mobile security, cloud security and single sign-on, grew by more than 50%
- Network Access Control (NAC) business grew by 45% year over year across federal, Europe and Middle East markets, and we were recognized as a top 3 enterprise NAC provider
- New offerings were launched, including Pulse SDP, extended support and onsite services, and a global solution training and certification program
- New Access Now partner program designed to accelerate channel sales and service opportunities while advancing MSSP enablement
- Industry Net Promoter
Score (NPS) rating increased to 52, with a customer renewal rate of over 92%
Product Innovation Extends Zero Trust Network Access for Hybrid IT
Announced in February, the Pulse SDP solution integrates
Software Defined Perimeter (SDP) architecture within the award-winning Pulse
Secure Access platform, offering customers a flexible path to SDP. This
approach extends the company’s foundation of Zero Trust access for hybrid IT
with enhanced usability, deployment flexibility, automated provisioning and
reduced cost of ownership. Pulse SDP offers dual-mode VPN and SDP architecture
to provide single-pane-of-glass secure access management with uniform policy
management and granular, stateful access enforcement across data center and cloud
applications.
Growth, Culture and Engagement Attract Top Talent
The Pulse Secure focus on individual growth, employee engagement
and corporate culture continues to attract top talent globally. Pulse Secure
has increased its global workforce by 5% across support, engineering, sales and
marketing and institutionalized professional development across all
disciplines, with participation increasing by 60%. In addition, the company’s
local charitable programs are seeing an employee participation rate increase of
nearly 50%.
“Credit for the traction we are enjoying in the
marketplace today goes to our people and the culture that supports and empowers
them,” said
Ramakrishna. “I am proud of our team’s
ability to manage growth and meet evolving customer requirements. It’s their
competence, business rigor and fantastic attitude that continues to accelerate
the growth of Pulse Secure.”