Release of Hybrid Cloud Visibility Solution Boosts Netwrix Enterprise Sales in Q2 2016

IRVINE, CA--(Marketwired - Aug 2, 2016) - Netwrix Corporation, the first to introduce a visibility and governance platform that supports both on-premises and hybrid cloud IT environments, today announced its results for Q2 2016, which demonstrate remarkable 121% enterprise sales growth compared to Q2 2015. Netwrix reported significant growth rates across both the U.S. and Europe, boosted by the release of Netwrix Auditor 8.0, a visibility and governance platform that enables control over changes, configurations and access in hybrid cloud IT environments to protect data at rest regardless of its location.

Market Momentum

"Today's IT infrastructures are becoming more complex than ever before. Large volumes of data, as well as growing interest in cloud adoption, are stimulating the demand for solutions to secure critical information and mitigate cyber risks," said Michael Fimin, CEO and co-founder of Netwrix. "We are happy to offer an innovative product that delivers visibility across hybrid cloud IT environments and empowers companies to address major security challenges, such as investigation of anomalous user behavior to detect insider threats and prevent data loss."

• Netwrix released Netwrix Auditor 8.0, the first hybrid cloud visibility solution to enable security threat detection by providing deep insight into what is going on with enterprise data stored on premises and in the cloud. New features of Netwrix Auditor 8.0 include support for Office 365, EMC and NetApp, as well as file analysis reports and a RESTful API that enables endless auditing and reporting capabilities.

"I have used Netwrix in the past and have always been excited to use their products. Netwrix Auditor 8.0 met my expectations. The GUI is beautiful and easy to use, installation was a breeze, and the reports are extremely helpful. The saved searches is a great feature to prevent me from forgetting how exactly I searched for something in particular or something I search for on a regular basis," said Alex Baldwin, IT Operations/Development Analyst, Aurora Parts and Accessories.

• Netwrix Auditor 8.0 has contributed to overall sales growth, which has increased by 121% quarter-over-quarter. Compared to Q2 2015, Netwrix revenue has increased by 54% across the globe and by 59% in North America.
  
  
• The sustainable development of the Netwrix MSP program resulted in 827% growth of MSP sales quarter-over-quarter.
  
  
• Netwrix demonstrated significant revenue increase in several European markets as well, including an 871% growth rate in France and a 68% growth in channel sales.