Hot Tech Stocks To Buy For 2015: Proofpoint Inc (PFPT)
Proofpoint, Inc. (Proofpoint), incorporated in 2002, is a security-as-a-service vendor that delivers data protection solutions, which helps medium- and large-sized organizations worldwide. Proofpoints security-as-a-service platform consists of an integrated suite of on-demand data protection solutions, including threat protection, regulatory compliance, archiving and governance, and secures communication. It provides a multi-tiered security-as-a-service platform consisting of solutions, platform technologies and infrastructure. The Companys security-as-a-service platform includes four solutions bundled for the convenience of its customers: Proofpoint Enterprise Protection, Proofpoint Enterprise Privacy, Proofpoint Enterprise Archive and Proofpoint Enterprise Governance. Its platform services consist of content inspection, reputation, encryption and key management, notification and workflow, and analytics and search. During the year ended December 31, 2011, the Compan y acquired NextPage, Inc. In September 2013, Proofpoint Inc completed its acquisition of Armorize Technologies Inc. In October 2013, the Company acquired Silicon Valley based Sendmail, Inc.
The Companys solutions are used by approximately 2,400 customers worldwide, including 26 of the Fortune 100, protecting tens of millions of end-users. It markets and sells its solutions worldwide both directly through the sales teams and indirectly through a hybrid model. It also distributes its solutions through International Business Machines Corp. (IBM), Microsoft Corporation and VMware, Inc.
Proofpoint Enterprise Protection
Proofpoint Enterprise Protection is the Companys communications and collaboration security suite designed to protect customers' mission-critical messaging infrastructure from outside threats including spam, phishing, unpredictable e-mail volumes, malware and other forms of objectionable or dangerous content before they re! ach the enterprise. Key capabilities within proofpoint en! terprise protection include threat detection, virus protection, zero-hour threat detection and smart search.
Proofpoint Enterprise Privacy
The Companys data loss prevention, encryption and compliance solution defends against leaks of confidential information, and helps ensure compliance with common United States, international and industry-specific data protection regulations, including HIPAA, GLBA, PIPEDA and PCI-DSS. Key capabilities within Proofpoint Enterprise Privacy include Advanced data loss prevention, Flexible remediation and supervision, Policy-based encryption and Secure file transfer.
Proofpoint Enterprise Archive
Proofpoint Enterprise Archive is designed to ensure accurate enforcement of data governance, data retention and supervision policies and mandates; cost effective litigation support through discovery, and active legal hold management. Proofpoint Enterprise Archive can store, govern and discover a r ange of data, including e-mail, instant message conversations, social media interactions, and other files throughout the enterprise. The key capabilities within Proofpoint Enterprise Archive include Secure cloud storage, Search performance, Flexible policy enforcement, Active legal-hold management and End-user supervision.
Proofpoint Enterprise Governance
Proofpoint Enterprise Governance provides organizations the ability to track, classify, monitor, and apply governance policies to unstructured information across the enterprise. The key capabilities within Proofpoint Enterprise Governance include Document Tracking-Digital Thread, Cloud-based Search and Analytics, and Flexible policy enforcement.
The Company competes with Cisco Systems, Inc., EMC Corporation, Google Inc., Hewlett-Packard Company, Intel and Microsoft.
Advisors' Opinion:- [By John Kell]
Security services provider Proofpoint Inc.(PFPT) shares! popped a! fter the company posted better-than-expected fourth-quarter results and issued optimistic revenue guidance. Shares jumped 10% to $40.24 premarket.
- [By Sean Williams]
One company in particular I'd suggest putting back on the sales rack is Proofpoint (NASDAQ: PFPT ) , a threat and regulatory security-as-a-service provider. The profit potential is certainly there. Proofpoint's SaaS model is built around getting the client hooked on its products and making it inconvenient and cost-inefficient for them to switch to a competitor. In other words, it's setting up its own razor-and-blades model that should fuel recurring revenue for years to come.
source from Top Penny Stocks For 2015:http://www.seekpennystocks.com/hot-tech-stocks-to-buy-for-2015.html
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