Beating expectations and securing large contracts with blue chip clients are two of the best ways of building a world class company. This morning Blancco achieved both. Not only landing a new 3 year $1.2m expansion agreement with an existing Fortune 500 software group to provide its Drive Erasure solution across their worldwide data centre footprint. But also saying that FY19 sales would be “marginally” and adjusted EBIT “comfortably” ahead of consensus. Driven by a whole host of macro trends – not least concerns over ID theft / cybercrime, tightening regulation (eg EU GDPR & PCI DSS, 2018 California Consumer Privacy Act, etc), the re-provisioning of 100ms of smartphones/servers every year and the desire to reduce corporate IT costs without compromising security.
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$1.2m contract win & upgraded forecasts
- Published:
01 May 2019 -
Author:
Paul Hill -
Pages:
9
Beating expectations and securing large contracts with blue chip clients are two of the best ways of building a world class company. This morning Blancco achieved both. Not only landing a new 3 year $1.2m expansion agreement with an existing Fortune 500 software group to provide its Drive Erasure solution across their worldwide data centre footprint. But also saying that FY19 sales would be “marginally” and adjusted EBIT “comfortably” ahead of consensus. Driven by a whole host of macro trends – not least concerns over ID theft / cybercrime, tightening regulation (eg EU GDPR & PCI DSS, 2018 California Consumer Privacy Act, etc), the re-provisioning of 100ms of smartphones/servers every year and the desire to reduce corporate IT costs without compromising security.