Frost & Sullivan Recognizes SafeNet for Global Software Monetization Market Share Leadership
Revenue Dominance, Geographic Presence, Innovative R&D, and Strong Cloud and Embedded Offerings Demonstrate SafeNet’s Leadership
January 22, 2014
today announced that analyst firm Frost & Sullivan has presented the
company with the prestigious Market Share Leadership Award for its leadership
in the global software monetization market. Frost & Sullivan
recognized SafeNet for its leadership in market share, growth outlook,
continued commitment to the core business-to-business market, and focus on
emerging cloud and embedded markets.
industry is undergoing a fundamental change in the way software is delivered,
packaged and consumed,” said Shlomo Weiss, general manager, software monetization,
SafeNet. ”We continue to strive to
deliver innovative new software monetization products and services that meet
the evolving needs of our software customers as they navigate the changing
market dynamics. This award from Frost & Sullivan validates our leadership
and strategic approach to the market and recognizes some of our best
SafeNet with the leadership award, Frost & Sullivan highlighted several key
reasons for SafeNet’s continued market dominance in 2013:
accounted for more than half of the worldwide revenues for the software
monetization market, leading in regional EMEA, APAC and North American markets.
groundbreaking Sentinel Cloud® demonstrates
SafeNet’s commitment to delivering licensing solutions to meet the changing
needs of its customers.
the business-to-business market segment, SafeNet provides an end-to-end
software licensing solution, and accounts for more than 75 percent of revenue
in the hardware keys segment of the monetization market.
company’s innovations – including AppOnChip within Sentinel Envelope
in its Sentinel License Development Kit (LDK) offering – demonstrate the
company’s commitment to research and development and to delivering value to its
Sentinel RMS Embedded was recognized as
the best-in-class embedded software monetization solution.
professional services organization complements the company’s software
monetization offerings and helps shorten sales cycles by increasing stakeholder
buy-in and reducing project risk.
continues to deliver a trustworthy solution with strong brand perception and
sustained market share leadership.
strategically expanded its product line to keep up with the changing software
monetization market, while maintaining excellence in products and services that
serve traditional segments,” said Avni Rambhia, industry manager, Frost &
Sullivan. “Through continued excellence in terms of features, security and
support for a broad range of use cases globally, SafeNet continues to maintain
its leadership across the software monetization market.”
SafeNet Software Monetization Solutions
is the market leading provider of software licensing and entitlement management
solutions for on-premise and cloud-based software vendors.
Sentinel is the most trusted brand in the software industry for secure,
flexible, and future-proof software monetization solutions. The robust
portfolio of products and services address each and every aspect of the
software monetization lifecycle – from copy and intellectual
property (IP) protection
to product catalog management and ongoing end-user experience improvement. SafeNet
is the first and only vendor to offer a complete portfolio of software licensing and entitlement
to enable monetization of any type of software – installed, embedded, and cloud services – using any combination of business
models via any sales channel to any end-user device.