Cognizant Technology Solutions

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Bangalore, India
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News Article | February 15, 2017
Site: www.marketwired.com

New European Union, India and North America SOCs built recently in response to anticipated growth and compliance with new data regulations REDWOOD CITY, CA--(Marketwired - Feb 8, 2017) - Qualys, Inc. ( : QLYS), a pioneer and leading provider of cloud-based security and compliance solutions, today announced the opening of three new Secure Operations Centers (SOCs) in the European Union (EU), India and North America. The addition of these new locations in Amsterdam, Pune, India and San Jose, Calif. marks a new milestone for Qualys' expanding global operations, which now includes six locations on three continents. Organizations migrating services to the cloud must comply with new and changing global and regional regulations that impact where data resides. Qualys' expansion will provide its global base of customers worldwide with greater access to a broad suite of cloud-based security and compliance solutions, and enable customers to choose which region best suits their data governance needs. Each of these new SOCs adds the capacity to scan millions of IP addresses at once, significantly increasing Qualys' capabilities to support the largest organizations. "This expansion of the Qualys Cloud Platform helps us better serve organizations across the globe and particularly within the EU and across Asia to compete in the new era of business, and increases our capacity to serve our North American customers," said Philippe Courtot, chairman and CEO, Qualys, Inc. "I see Qualys' investment in an EU-based SOC as a means to maintain compliance," said Benoit Fuzeau, Chief Information Security Officer, Casden-Banque Populaire. "It is important to me as a CISO to set an example and be ready early for GDPR implementation, and important for the image of our organization to keep our security data within Europe." "We are excited to see Qualys' expansion of its cloud-based security and compliance platform into India," said Rudra Murthy, Chief Information Security Officer at Digital India, Ministry of Home Affairs. "By deploying a local SOC in India, Qualys will enable government organizations to secure IT assets leveraging its cloud-based platform while meeting local data sovereignty regulations by keeping the data in India." European Union Amsterdam marks Qualys' second SOC in Europe and the opening of its first within the European Union. This location satisfies the EU directive requirements and will offer customers full geographic control of their security data. By offering cloud-based security hosted within the EU, Qualys supports customers who secure diverse global IT assets while complying with specific regional regulations such as the EU General Data Protection Regulation. India Extending its global footprint to the world's most populous continent, Qualys' new SOC in Pune, India gives enterprises across Asia, Australia and the Middle East the ability to combine cost-effective asset discovery, network security, threat protection, compliance monitoring and web application security in one cloud-based platform. "We are excited to see Qualys' expansion of their cloud security & compliance platform in India," said Lakshminarayanan Kaliyaperumal, associate vice president and head of information security engineering & incident management at Infosys. "With this move, it will enable organizations to meet their data sovereignty requirements of our country, thus by not compromising on the security needs." North America Qualys' third North American SOC increases its capacity to serve existing and additional customers, and support their efforts to further consolidate point security solutions in the cloud. This added capacity gives the Qualys Cloud Platform the ability to run up to 23 million simultaneous IP scans in the United States alone. Global Cloud Infrastructure With a global public cloud capacity to scan more than 30 million IPs at once, the Qualys Cloud Platform monitors 1 trillion security events and performs 3 billion IP scans or audits each year, all with Six Sigma scanning accuracy. In addition, Qualys supports dozens of leading global enterprises and Managed Service Providers with its Private Cloud Platforms. About Qualys Qualys, Inc. ( : QLYS) is a pioneer and leading provider of cloud-based security and compliance solutions with over 9,200 customers in more than 100 countries, including a majority of each of the Forbes Global 100 and Fortune 100. The Qualys Cloud Platform and integrated suite of solutions help organizations simplify security operations and lower the cost of compliance by delivering critical security intelligence on demand and automating the full spectrum of auditing, compliance and protection for IT systems and web applications. Founded in 1999, Qualys has established strategic partnerships with leading managed service providers and consulting organizations including Accenture, BT, Cognizant Technology Solutions, Deutsche Telekom, Fujitsu, HCL Technologies, HP Enterprise, Infosys, NTT, Optiv, SecureWorks, Tata Communications, Verizon and Wipro. The company is also a founding member of the Cloud Security Alliance (CSA). For more information, please visit www.qualys.com. Qualys, the Qualys logo and QualysGuard are proprietary trademarks of Qualys, Inc. All other products or names may be trademarks of their respective companies.


Joint customers can automate web app scanning and focus bug bounties on advanced vulnerabilities, helping them increase breadth of security testing and reduce cost SAN FRANCISCO, CA--(Marketwired - Feb 13, 2017) - RSA Conference USA 2017, Booth #N3817 -- Qualys, Inc. ( : QLYS), a pioneer and leading provider of cloud-based security and compliance solutions and Bugcrowd, the leader in crowdsourced security testing, today announced joint development integrations allowing joint customers a unique ability to share vulnerability data across automated web application scanning and crowdsourced bug bounty programs. Many organizations' security strategies have changed to a proactive approach, which includes both automation and human expertise to discover vulnerabilities. To reduce the escalating cost and effort of implementing multiple tools or programs, this joint integration between Bugcrowd Crowdcontrol and Qualys Cloud Platform brings together the scale and efficiency of automated web application scanning (WAS) with the expertise of the penetration-testing crowd in one simple solution. Joint customers will be able to eliminate automatically discovered vulnerabilities by Qualys WAS from their list of offered bug bounties and focus Bugcrowd programs on critical vulnerabilities that require manual testing, effectively reducing the cost of vulnerability discovery and penetration testing. The initial integration allows Bugcrowd customers who also have Qualys WAS to import vulnerability data from Qualys WAS results directly into the Bugcrowd Crowdcontrol platform and then use that data to optimize their bug bounty program scope and incentives. Further integration with the Qualys Cloud Platform will allow joint customers running a bug bounty platform on Bugcrowd to import unique vulnerabilities from Crowdcontrol into Qualys WAS and have the ability to apply one-click patches using the fully integrated Qualys Web Application Firewall (WAF). "With the move of IT to the cloud and all the digital transformation efforts underway, web apps are exploding and securing these apps is now front and center," said Sumedh Thakar, Chief Product Officer, Qualys. "By combining the automation of Qualys Web Application Scanning (WAS) and Bugcrowd's crowd sourcing platform, organizations can now cover a much larger number of applications and secure them more effectively at a lower cost." "The pace and complexity of modern application deployment requires organizations to harness both automation and on-demand crowd testing. This integration allows our customers to gain the benefits of both," said Jonathan Cran, Vice President of Product, Bugcrowd. "The integration of Bugcrowd and Qualys data means that this new approach will be easier and lower cost." The integration of Qualys WAS vulnerability data within Crowdcontrol will be available to joint customers in March, followed by the integration of Bugcrowd data into Qualys WAS and WAF in Q2 2017. About Bugcrowd The pioneer and innovator in crowdsourced security testing for the enterprise, Bugcrowd harnesses the power of more than 45,000 security researchers to surface critical software vulnerabilities and level the playing field in cybersecurity. Bugcrowd also provides a range of responsible disclosure and managed service options that allow companies to commission a customized security testing program that fits their specific requirements. Bugcrowd's proprietary vulnerability disclosure platform is deployed by Tesla Motors, Fiat-Chrysler, The Western Union Company, Pinterest, Barracuda Networks and Jet.com. Based in San Francisco, Bugcrowd is backed by Blackbird Ventures, Costanoa Ventures, Industry Ventures, Paladin Capital Group, Rally Ventures and Salesforce Ventures. Bugcrowd is a trademark of Bugcrowd, Inc. Learn more at www.bugcrowd.com. About Qualys Qualys, Inc. ( : QLYS) is a pioneer and leading provider of cloud-based security and compliance solutions with over 9,300 customers in more than 100 countries, including a majority of each of the Forbes Global 100 and Fortune 100. The Qualys Cloud Platform and integrated suite of solutions help organizations simplify security operations and lower the cost of compliance by delivering critical security intelligence on demand and automating the full spectrum of auditing, compliance and protection for IT systems and web applications. Founded in 1999, Qualys has established strategic partnerships with leading managed service providers and consulting organizations including Accenture, BT, Cognizant Technology Solutions, Deutsche Telekom, Fujitsu, HCL Technologies, HP Enterprise, Infosys, NTT, Optiv, SecureWorks, Tata Communications, Verizon and Wipro. The company is also a founding member of the Cloud Security Alliance (CSA). For more information, please visit www.qualys.com. Qualys, the Qualys logo and QualysGuard are proprietary trademarks of Qualys, Inc. All other products or names may be trademarks of their respective companies.


News Article | February 15, 2017
Site: www.marketwired.com

REDWOOD CITY, CA--(Marketwired - Feb 8, 2017) - Qualys, Inc. ( : QLYS), a pioneer and leading provider of cloud-based security and compliance solutions, today announced that it has been recognized by IDC as the market-share leader in the $1.6 billion Worldwide Vulnerability Assessment Market -- which is comprised of the Worldwide Device Vulnerability Assessment Market and Application Security Market segments (see IDC, Worldwide Security Vulnerability Management Market Shares 2015, Doc #US42068716, December 2016). According to the report, Qualys achieved a 2015 market share of 8.9 percent, surpassing all competing security vendors. The report also shows Qualys' revenue in this category grew at a rate of 21.3 percent from 2014-2015, significantly outpacing the overall market growth rate of 16.9 percent. In addition and according to the report, Qualys increased its market-leading position in the Worldwide Device Vulnerability Assessment Market segment to a 14.4 percent share, considerably exceeding that of its next closest competitor, as no other Device Vulnerability Assessment vendor earned a market share greater than 9 percent in 2015. "Qualys continued to drive cloud environment security forward in 2015, extending its vulnerability management solution to one that uniquely provides cloud-based monitoring and threat detection over the entire enterprise -- regardless of the type or location of IT assets," said Robert Ayoub, Research Director for IDC's Security Products. The report also notes the increasing importance of such products to provide customers with a consolidated and comprehensive breadth of coverage in one platform: "SVM solutions can simplify the complexity associated with managing multiple security solutions while at the same time increasing the automation, effectiveness and proactive nature of security. Vendors are growing the capabilities to provide comprehensive coverage within their security management offerings. The key to success in this space will be the ability to provide proactive security protection and the knowledge and intelligence to provide comprehensive security assessment data." "We are delighted to see the increased adoption of our security and compliance cloud platform as underscored by this report from IDC, which also highlights the increasing value of providing a comprehensive security platform such as the Qualys Cloud Platform," said Philippe Courtot, chairman and CEO, Qualys. "Consolidating traditional enterprise security solutions is also becoming an important security element in the digital transformation that an increasing number of companies are embarking on." The Qualys Cloud Platform combines IT asset inventory, vulnerability management, web application security and seven other critical IT security and compliance solutions in one cloud-based platform that enables organizations to reduce the number of security solutions needed to manage IT security and compliance across global IT assets. Its lightweight Cloud Agent technology integrates real-time visibility into the fabric of their hybrid cloud and on-premises environments. Cloud Agents install on assets in any major public cloud platform, on-premises or remote location, then deliver real-time IT security and compliance data to the Qualys Cloud Platform from anywhere online. About Qualys Qualys, Inc. ( : QLYS) is a pioneer and leading provider of cloud-based security and compliance solutions with over 9,200 customers in more than 100 countries, including a majority of each of the Forbes Global 100 and Fortune 100. The Qualys Cloud Platform and integrated suite of solutions help organizations simplify security operations and lower the cost of compliance by delivering critical security intelligence on demand and automating the full spectrum of auditing, compliance and protection for IT systems and web applications. Founded in 1999, Qualys has established strategic partnerships with leading managed service providers and consulting organizations including Accenture, BT, Cognizant Technology Solutions, Deutsche Telekom, Fujitsu, HCL Technologies, HP Enterprise, Infosys, NTT, Optiv, SecureWorks, Tata Communications, Verizon and Wipro. The company is also a founding member of the Cloud Security Alliance (CSA). For more information, please visit www.qualys.com. Qualys, the Qualys logo and QualysGuard are proprietary trademarks of Qualys, Inc. All other products or names may be trademarks of their respective companies.


Global Healthcare IT Outsourcing Market by Applications, End Users, Growth Trends and Forecast to 2020, New Findings by iHealthcareAnalyst, Inc. Healthcare IT Outsourcing Market by Applications (Administration, Care Management, Infrastructure Management), and End Users (Patients, Payers, and Providers) 2016-2020 Maryland Heights, MO, February 28, 2017 --( Browse Healthcare IT Outsourcing Market by Applications (Administration, Care Management, Infrastructure Management), and End Users (Patients, Payers, and Providers) 2016-2020 at https://www.ihealthcareanalyst.com/report/healthcare-it-outsourcing-market/ Healthcare IT outsourcing services are introduced to carry out main business functions such as reducing and controlling operating costs, improving company focus, gaining access to world-class capabilities, freeing up internal resources for other purposes, and when resources are not available internally. IT outsourcing in healthcare refers to the deployment of third-party technology services by healthcare providers or payers for medical records, electronic monitoring systems, patient care, billing, inventory management, and other administrative operations. IT outsourcing in healthcare helps not only to reduce operating costs but also to improve companies’ focus on their core services and optimal utilization of internal resources by gaining access to world-class healthcare IT capabilities Healthcare IT outsourcing typically involves project support, application support, desktop support, security, and help desk. The transformation of IT into an in-house function requires a dedicated skilled workforce and continuous investment in maintenance and operations. An outsourced IT infrastructure enables providers to give high-quality services while increasing patient attention. The global healthcare IT outsourcing market segmentation is based on applications (administration, care management, infrastructure management), and its end users (patients, payers, and providers). The global healthcare IT outsourcing market report provides market size (Revenue USD Million 2013 to 2020), market share and forecasts growth trends (CAGR%, 2016 to 2020). The global healthcare IT outsourcing market research report is further segmented by geography into North America (U.S., Canada), Latin America (Brazil, Mexico, Rest of LA), Europe (U.K., Germany, France, Italy, Spain, Rest of EU), Asia Pacific (Japan, China, India, Rest of APAC), and Rest of the World. The global healthcare IT outsourcing market report also provides the detailed market landscape (market drivers, restraints, opportunities), market attractiveness analysis and profiles of major competitors in the global market including company overview, financial snapshot, key products, technologies and services offered, and recent developments. Major players operating in the global healthcare IT outsourcing market and included in this report are Accenture Plc., IBM Corporation, Cognizant Technology Solutions, Tata Consultancy Services Ltd., Infosys Limited, L&T Infotech, Allscripts Healthcare Solutions, Inc., McKesson Corporation, HCL Technologies Ltd., and Wipro Limited. To request Table of Contents and Sample Pages of this report visit: https://www.ihealthcareanalyst.com/report/healthcare-it-outsourcing-market/ About Us iHealthcareAnalyst, Inc. is a global healthcare market research and consulting company providing market analysis, and competitive intelligence services to global clients. The company publishes syndicate, custom and consulting grade healthcare reports covering animal healthcare, biotechnology, clinical diagnostics, healthcare informatics, healthcare services, medical devices, medical equipment, and pharmaceuticals. In addition to multi-client studies, we offer creative consulting services and conduct proprietary single-client assignments targeted at client’s specific business objectives, information needs, time frame and budget. Please contact iHealthcareAnalyst, Inc. to receive a proposal for a proprietary single-client study. Contact Us iHealthcareAnalyst, Inc. 2109, Mckelvey Hill Drive, Maryland Heights, MO 63043 United States Email: sales@ihealthcareanalyst.com Website: https://www.ihealthcareanalyst.com Maryland Heights, MO, February 28, 2017 --( PR.com )-- The global healthcare IT outsourcing market is estimated to reach USD 45.8 Billion in 2020, expanding at a CAGR of 4.9% from 2016 to 2020, due to low cost third-party technology services.Browse Healthcare IT Outsourcing Market by Applications (Administration, Care Management, Infrastructure Management), and End Users (Patients, Payers, and Providers) 2016-2020 at https://www.ihealthcareanalyst.com/report/healthcare-it-outsourcing-market/Healthcare IT outsourcing services are introduced to carry out main business functions such as reducing and controlling operating costs, improving company focus, gaining access to world-class capabilities, freeing up internal resources for other purposes, and when resources are not available internally. IT outsourcing in healthcare refers to the deployment of third-party technology services by healthcare providers or payers for medical records, electronic monitoring systems, patient care, billing, inventory management, and other administrative operations. IT outsourcing in healthcare helps not only to reduce operating costs but also to improve companies’ focus on their core services and optimal utilization of internal resources by gaining access to world-class healthcare IT capabilities Healthcare IT outsourcing typically involves project support, application support, desktop support, security, and help desk. The transformation of IT into an in-house function requires a dedicated skilled workforce and continuous investment in maintenance and operations. An outsourced IT infrastructure enables providers to give high-quality services while increasing patient attention.The global healthcare IT outsourcing market segmentation is based on applications (administration, care management, infrastructure management), and its end users (patients, payers, and providers).The global healthcare IT outsourcing market report provides market size (Revenue USD Million 2013 to 2020), market share and forecasts growth trends (CAGR%, 2016 to 2020). The global healthcare IT outsourcing market research report is further segmented by geography into North America (U.S., Canada), Latin America (Brazil, Mexico, Rest of LA), Europe (U.K., Germany, France, Italy, Spain, Rest of EU), Asia Pacific (Japan, China, India, Rest of APAC), and Rest of the World. The global healthcare IT outsourcing market report also provides the detailed market landscape (market drivers, restraints, opportunities), market attractiveness analysis and profiles of major competitors in the global market including company overview, financial snapshot, key products, technologies and services offered, and recent developments.Major players operating in the global healthcare IT outsourcing market and included in this report are Accenture Plc., IBM Corporation, Cognizant Technology Solutions, Tata Consultancy Services Ltd., Infosys Limited, L&T Infotech, Allscripts Healthcare Solutions, Inc., McKesson Corporation, HCL Technologies Ltd., and Wipro Limited.To request Table of Contents and Sample Pages of this report visit:https://www.ihealthcareanalyst.com/report/healthcare-it-outsourcing-market/About UsiHealthcareAnalyst, Inc. is a global healthcare market research and consulting company providing market analysis, and competitive intelligence services to global clients. The company publishes syndicate, custom and consulting grade healthcare reports covering animal healthcare, biotechnology, clinical diagnostics, healthcare informatics, healthcare services, medical devices, medical equipment, and pharmaceuticals.In addition to multi-client studies, we offer creative consulting services and conduct proprietary single-client assignments targeted at client’s specific business objectives, information needs, time frame and budget. Please contact iHealthcareAnalyst, Inc. to receive a proposal for a proprietary single-client study.Contact UsiHealthcareAnalyst, Inc.2109, Mckelvey Hill Drive,Maryland Heights, MO 63043United StatesEmail: sales@ihealthcareanalyst.comWebsite: https://www.ihealthcareanalyst.com


News Article | February 15, 2017
Site: www.marketwired.com

2016 Revenue Growth of 20% Year-Over-Year; Q4 Growth of 18% Year-Over-Year; 2016 GAAP EPS of $0.50; Q4 of $0.15; 2016 Non-GAAP EPS of $0.86; Q4 of $0.23 REDWOOD CITY, CA--(Marketwired - Feb 8, 2017) - Qualys, Inc. ( : QLYS), a pioneer and leading provider of cloud-based security and compliance solutions, today announced financial results for the fourth quarter and full year ended December 31, 2016. For the quarter, the Company reported revenues of $52.2 million, GAAP net income of $5.9 million, non-GAAP net income of $8.8 million, Adjusted EBITDA of $18.5 million, GAAP earnings per diluted share of $0.15 and non-GAAP earnings per diluted share of $0.23. For the full year ended December 31, 2016, the Company reported revenues of $197.9 million, GAAP net income of $19.2 million, non-GAAP net income of $32.8 million, Adjusted EBITDA of $68.0 million, GAAP earnings per diluted share of $0.50 and non-GAAP earnings per diluted share of $0.86. "Fourth quarter 2016 was a solid finish to our strong fiscal year during which we increased revenues by 20%, maintained industry-leading margins, and deployed 2 million paid Cloud Agents. Throughout 2016, we continued to expand our cloud platform capabilities with new offerings and strategic partnerships that make us more strategic to customers, positioning Qualys for continued profitable growth," said Philippe Courtot, chairman and CEO, Qualys, Inc. "The security industry is seeing a rapid transformation from legacy point products to integrated and automated capabilities that seamlessly work together as a platform. As a pioneer and innovator in this shift, customers worldwide are turning to the Qualys Cloud Platform to enable their digital transformation; this was most recently reflected in an IDC report, which showed that Qualys has taken the #1 market-share position over IBM and HP in the $1.6 billion WorldWide Vulnerability Assessment Market with 70% of Forbes Global 50 and 68% of Fortune 50 now standardized on Qualys." Revenues: Revenues for the fourth quarter of 2016 increased by 18% to $52.2 million compared to $44.4 million for the same quarter in 2015. Gross Profit: GAAP gross profit for the fourth quarter of 2016 increased by 14% to $40.5 million compared to $35.4 million for the same quarter in 2015. GAAP gross margin percentage was 78% for the fourth quarter of 2016 compared to 80% in the prior year's fourth quarter. Non-GAAP gross profit increased by 15% to $41.1 million compared to $35.7 million in the same quarter in 2015. Non-GAAP gross margin percentage was 79% for the fourth quarter of 2016 compared to 80% in the fourth quarter of 2015. Operating Income: GAAP operating income for the fourth quarter of 2016 was $8.8 million compared to $7.7 million in the same quarter in 2015. Non-GAAP operating income for the fourth quarter of 2016 was $13.8 million compared to $12.5 million in the same quarter in 2015. Net Income: GAAP net income for the fourth quarter of 2016 was $5.9 million, or $0.15 per diluted share, compared to $5.4 million, or $0.14 per diluted share, for the same quarter in 2015. Non-GAAP net income for the fourth quarter of 2016 was $8.8 million, or $0.23 per diluted share, compared to non-GAAP net income of $7.8 million, or $0.21 per diluted share, for the same quarter in 2015. Adjusted EBITDA: Adjusted EBITDA (a non-GAAP financial measure) for the fourth quarter of 2016 increased by 12% to $18.5 million compared to $16.4 million for the same quarter in 2015. As a percentage of revenues, Adjusted EBITDA was 35% for the fourth quarter of 2016 compared to 37% for the fourth quarter of 2015. Revenues: Revenues for 2016 increased by 20% to $197.9 million compared to $164.3 million for 2015. Gross Profit: GAAP gross profit for 2016 increased by 19% to $155.5 million compared to $130.4 million for 2015. GAAP gross margin percentage was 79% for 2016 compared to 79% for 2015. Non-GAAP gross profit increased by 19% to $157.3 million for 2016 compared to $131.6 million for 2015. Non-GAAP gross margin percentage was 79% for 2016 compared to 80% for 2015. Operating Income: GAAP operating income for 2016 was $30.1 million compared to $24.8 million for 2015. Non-GAAP operating income for 2016 was $51.0 million compared to $42.3 million for 2015. Net Income: GAAP net income for 2016 was $19.2 million, or $0.50 per diluted share, compared to $15.9 million, or $0.42 per diluted share, for 2015. Non-GAAP net income for 2016 was $32.8 million, or $0.86 per diluted share, compared to non-GAAP net income of $26.7 million, or $0.70 per diluted share, for 2015. Adjusted EBITDA: Adjusted EBITDA (a non-GAAP financial measure) for 2016 increased by 20% to $68.0 million compared to $56.7 million for 2015. As a percentage of revenues, Adjusted EBITDA was 34% for 2016 compared to 34% for 2015. First Quarter 2017 Guidance: Management expects revenues to be in the range of $52.0 million to $53.0 million, 12% to 15% growth over first quarter 2016 or estimated 16% to 18% growth normalized for the impact of FX and the MSSP (Managed Security Service Provider) contract. GAAP net income per diluted share is expected to be in the range of $0.38 to $0.41, which assumes an effective income tax rate of (145%). Non-GAAP net income per diluted share is expected to be in the range of $0.17 to $0.19, which assumes an effective non-GAAP income tax rate of 36%. First quarter 2017 EPS estimates are based on approximately 39.3 million weighted average diluted shares outstanding for the quarter. Full Year 2017 Guidance: Management expects revenues to be in the range of $224 million to $228 million, 13% to 15% growth over the full year 2016 or estimated 16% to 18% growth normalized for the impact of FX and the MSSP contract. GAAP net income per diluted share is expected to be in the range of $1.00 to $1.06 which assumes an effective income tax rate of (30%). Non-GAAP net income per diluted share is expected to be in the range of $0.81 to $0.86, which assumes an effective non-GAAP income tax rate of 36%. Full year 2017 EPS estimates are based on approximately 39.6 million weighted average diluted shares outstanding. Qualys will host a conference call and live webcast to discuss its fourth quarter and full year 2016 financial results at 5:00 p.m. Eastern Time (2:00 p.m. Pacific Time) on Wednesday, February 8, 2017. To access the conference call, dial (877) 881-2609 in the U.S. or +1 (970) 315-0463 for international participants with conference ID # 50052119. The live webcast of Qualys' earnings conference call can also be accessed at http://investor.qualys.com/events.cfm. A replay of the conference call will be available through the same webcast link following the end of the call. Qualys, Inc. ( : QLYS) is a pioneer and leading provider of cloud-based security and compliance solutions with over 9,300 customers, excluding security consulting firms, in more than 100 countries, including a majority of each of the Forbes Global 100 and Fortune 100. The Qualys Cloud Platform and integrated suite of solutions help organizations simplify security operations and lower the cost of compliance by delivering critical security intelligence on demand and automating the full spectrum of auditing, compliance and protection for IT systems and web applications. Founded in 1999, Qualys has established strategic partnerships with leading managed service providers and consulting organizations including Accenture, BT, Cognizant Technology Solutions, Deutsche Telekom, Fujitsu, HCL Technologies, HPE, Infosys, NTT, Optiv, SecureWorks, Tata Communications, Verizon and Wipro. The company is also a founding member of the Cloud Security Alliance (CSA). For more information, please visit www.qualys.com. Qualys, the Qualys logo and QualysGuard are proprietary trademarks of Qualys, Inc. All other products or names may be trademarks of their respective companies. This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking statements generally relate to future events or our future financial or operating performance. Forward-looking statements in this press release include, but are not limited to, statements related to: the growth of our business, including renewals and market share gains, adoption of our existing solutions and our new offerings to both existing and new customers; the capabilities of our platform; the expansion of our certifications and partnerships and the related benefits of such certifications and partnerships; our strategy and our business model, the scalability of our strategy, and ability to execute such strategy; our guidance for revenues, GAAP EPS and non-GAAP EPS for the first quarter and full year 2017, and our expectations for the number of weighted average diluted shares outstanding and effective income tax rate for the first quarter and full year 2017. Our expectations and beliefs regarding these matters may not materialize, and actual results in future periods are subject to risks and uncertainties that could cause actual results to differ materially from those projected. These risks include our ability to continue to develop platform capabilities and solutions; the ability of our platform and solutions to perform as intended; customer acceptance and purchase of our existing solutions and new solutions; real or perceived defects, errors or vulnerabilities in our products or services; our ability to retain existing customers and generate new customers; the budgeting cycles, seasonal buying patterns and length of our sales cycle; our ability to manage costs as we increase our customer base and the number of our platform solutions; the market for cloud solutions for IT security and compliance not increasing at the rate we expect; competition from other products and services; fluctuations in currency exchange rates, unexpected fluctuations in our effective tax rate on a GAAP and non-GAAP basis, our ability to effectively manage our rapid growth and our ability to anticipate future market needs and opportunities; any unanticipated accounting charges; and general market, political, economic and business conditions in the United States as well as globally. The forward-looking statements contained in this press release are also subject to other risks and uncertainties, including those more fully described in our filings with the Securities and Exchange Commission, including our Quarterly Report on Form 10-Q for the quarter ended September 30, 2016, filed with the Securities and Exchange Commission on November 4, 2016. The forward-looking statements in this press release are based on information available to Qualys as of the date hereof, and Qualys disclaims any obligation to update any forward-looking statements, except as required by law. In addition to reporting financial results in accordance with generally accepted accounting principles, or GAAP, Qualys monitors operating measures of non-GAAP gross profit, non-GAAP gross margin, non-GAAP operating expenses, non-GAAP operating income, non-GAAP net income, and non-GAAP net income per diluted share. In computing these non-GAAP financial measures, Qualys excludes the effects of stock-based compensation expense and non-recurring expenses. Qualys also monitors Adjusted EBITDA (defined as earnings before interest, taxes, depreciation, amortization, stock-based compensation, other (income) expense, net and non-recurring expenses) and free cash flow (defined as cash provided by operating activities less purchases of property and equipment, and capitalized software development costs). Estimated impact of the MSSP contract signed in Feb 2016 refers to the difference between the estimated revenue recognized under the new terms in the MSSP contract and the estimated revenue that would have been recognized without the MSSP contract, assuming an appropriate renewal rate. The percentage impact is the net benefit, only in the contract year in which it occurred. Qualys believes that these non-GAAP operating metrics help illustrate underlying trends in its business that could otherwise be masked by the effect of the income or expenses, as well as the related tax effects, that are excluded in non-GAAP gross profit, non-GAAP gross margin, non-GAAP operating expenses, non-GAAP operating income, non-GAAP net income, non-GAAP net income per diluted share and Adjusted EBITDA. Furthermore, Qualys uses these operating measures to establish budgets and operational goals for managing its business and evaluating its performance. Qualys monitors free cash flow as a liquidity measure to provide useful information to management and investors about the amount of cash generated by the Company that, after the acquisition of property and equipment and capitalized software development costs, can be used for strategic opportunities, including investing in its business, making strategic acquisitions and strengthening the balance sheet. Qualys also believes that non-GAAP gross profit, non-GAAP gross margin, non-GAAP operating expenses, non-GAAP operating income, non-GAAP net income, non-GAAP net income per diluted share, Adjusted EBITDA and free cash flow provide additional tools for investors to use in comparing its recurring core business operating results over multiple periods with other companies in its industry. Non-GAAP net income per diluted share for the twelve months ended December 31, 2016 excludes approximately $0.7 million of non-recurring expenses related to the remittance of payroll taxes from year 2013 through May 2016. During this same period, the Company has not excluded amounts related to other non-recurring items from non-GAAP net income per diluted share because the Company has considered such amounts to be immaterial in any given quarter during such period. We have not reconciled non-GAAP net income per diluted share guidance to GAAP net income per diluted share because we do not provide guidance on the various reconciling cash and non-cash items between GAAP net income and non-GAAP net income (i.e., stock-based compensation and non-recurring expenses). The actual dollar amount of reconciling items in the first quarter and full year 2017 is likely to have a significant impact on the Company's GAAP net income per diluted share in the first quarter and full year 2017, respectively. Accordingly, a reconciliation of the non-GAAP net income per diluted share guidance to the corresponding GAAP net income per diluted share is not available without unreasonable effort. In order to provide a more complete picture of recurring core operating business results, the Company's non-GAAP net income and non-GAAP net income per diluted share include tax adjustments required to achieve the effective tax rate on a non-GAAP basis, which could differ from the GAAP effective tax rate. The Company believes the non-GAAP effective tax rate, which is 36% in 2017, is a reasonable estimate under its global operating structure. The Company intends to re-evaluate the non-GAAP effective tax rate on an annual basis. However, it may adjust this rate during the year to take into account events or trends that it believes materially impact the estimated annual rate. The non-GAAP effective tax rate could be subject to change for a number of reasons, including but not limited to, significant changes resulting from tax legislation, material changes in geographic mix of revenues and expenses and other significant events. The presentation of this non-GAAP financial information is not intended to be considered in isolation or as a substitute for results prepared in accordance with GAAP. A reconciliation of the non-GAAP financial measures discussed in this press release to the most directly comparable GAAP financial measures is included with the financial statements contained in this press release. Management uses both GAAP and non-GAAP information in evaluating and operating its business internally and as such has determined that it is important to provide this information to investors.


News Article | February 15, 2017
Site: www.marketwired.com

New File Integrity Monitoring (FIM) service based on Qualys Cloud Agent enables organizations to increase visibility and security while removing point-product agents from their endpoints; New Indicators of Compromise (IOC) service provides continuous detection of compromised IT assets across endpoints, on-premise or elastic cloud environments SAN FRANCISCO, CA--(Marketwired - Feb 13, 2017) - RSA Conference USA 2017, Booth #N3817 -- Qualys, Inc. ( : QLYS), a pioneer and leading provider of cloud-based security and compliance solutions, today announced a major expansion of its Qualys Cloud Platform which helps organizations continue to reduce the complexity and cost of security and compliance. New services include File Integrity Monitoring (FIM) and Indicators of Compromise (IOC) detection solutions that enable customers to consolidate even more critical security and compliance functions into a single cloud-based dashboard, and remove the point-solution sprawl that proliferates across their endpoints. Qualys will showcase these new services during RSA Conference USA 2017 at booth #N3817. Qualys now combines a comprehensive set of both prevention and detection solutions in the same lightweight Qualys Cloud Agent already deployed for an organization's global asset inventory, vulnerability management, and policy compliance programs. With Qualys FIM and IOC, customers can instantly add continuous visibility of breaches and system changes to their single-pane view of security and compliance posture already powered by the Cloud Agent. "With FIM and IOC, Qualys has grown its platform capabilities to provide a comprehensive Security and Vulnerability Management offering that now provides breach detection, policy and compliance context, vulnerability information, and ultimately, a comprehensive view of enterprise risk management," said Robert Ayoub, Research Director, Security Products, IDC. "The Qualys Cloud Platform can simplify the complexity associated with managing multiple security solutions, while at the same time increasing the automation, effectiveness and proactive nature of security." Qualys File Integrity Monitoring (FIM) - Qualys FIM logs and centrally tracks file change events across global IT systems, delivering users a single-view dashboard from which to detect and identify critical changes, incidents, and audit risks resulting from normal patching and administrative tasks, change control exceptions or violations, or malicious activity. As a cloud-based solution, Qualys FIM scales visibility and control to a variety of enterprise operating systems without the need to deploy and maintain complex security infrastructure. This allows teams to improve compliance, reduce downtime and limit damage resulting from compromise without the expense of a software-based solution. File Integrity Monitoring offers: Qualys Indicators of Compromise (IOC) - Qualys IOC continuously monitors endpoint activity to detect suspicious activity that may indicate the presence of known malware, unknown variants, and threat actor activity on devices both on and off the network. Qualys IOC integrates endpoint detection, behavioral malware analysis, and threat hunting techniques that incorporate a continuous view of an asset's vulnerability posture along with suspicious activity monitoring. Indicators of Compromise offers: "Breaches continue to rise despite the investments in traditional mechanisms that organizations have deployed to support their businesses in the new era of digital transformation," said Philippe Courtot, chairman and CEO, Qualys, Inc. "Our new disruptive services for FIM and IOC extend the capabilities of our Cloud Agent platform, allowing companies to get the visibility and prevention they need against cyber threats from one single platform, drastically reducing their security costs." Qualys FIM and IOC provide significant benefits to security administrators -- as delivered by the Qualys Cloud Agent and cloud-based processing platform -- over traditional on-premise point security solutions: Availability Qualys FIM and IOC will both be available in limited beta starting in March. About Qualys Qualys, Inc. ( : QLYS) is a pioneer and leading provider of cloud-based security and compliance solutions with over 9,300 customers in more than 100 countries, including a majority of each of the Forbes Global 100 and Fortune 100. The Qualys Cloud Platform and integrated suite of solutions help organizations simplify security operations and lower the cost of compliance by delivering critical security intelligence on demand and automating the full spectrum of auditing, compliance and protection for IT systems and web applications. Founded in 1999, Qualys has established strategic partnerships with leading managed service providers and consulting organizations including Accenture, BT, Cognizant Technology Solutions, Deutsche Telekom, Fujitsu, HCL Technologies, HP Enterprise, Infosys, NTT, Optiv, SecureWorks, Tata Communications, Verizon and Wipro. The company is also a founding member of the Cloud Security Alliance (CSA). For more information, please visit www.qualys.com. Qualys, the Qualys logo and QualysGuard are proprietary trademarks of Qualys, Inc. All other products or names may be trademarks of their respective companies.


News Article | February 15, 2017
Site: www.marketwired.com

New capability provides customers with increased visibility and continuous security and compliance posture across all global IT assets SAN FRANCISCO, CA--(Marketwired - Feb 14, 2017) - RSA Conference USA 2017, Booth #N3817 -- Qualys, Inc. ( : QLYS), a pioneer and leading provider of cloud-based security and compliance solutions, today announced an expanded partnership with IBM ( : IBM) that will add Qualys' continuous cloud-based IT security and compliance solutions to its Managed Security Services (MSS) portfolio. IBM will integrate Qualys technology to enable its customers with enhanced visibility of IT assets, vulnerabilities and threat data, accelerating how they prioritize remediation and simplify management of their IT security and compliance posture at scale. Extending digital enterprise infrastructure across global cloud and on-premises deployments requires that security teams gain continuous visibility of assets across diverse IT environments. IBM will add key capabilities of Qualys Vulnerability Management, Policy Compliance, Continuous Monitoring and ThreatPROTECT to the global threat landscape monitoring operations of its global IBM X-Force Command Centers worldwide. IBM could also integrate the multitenant Qualys Cloud Platform into its MSS portal and Single Sign-On platform, enhancing customers' continuous visibility and prioritization toolsets to more effectively manage IT security and compliance posture across hybrid public and private clouds. "Qualys' cloud-based platform uniquely provides real-time visibility of IT security and compliance posture on a global scale," said John Wheeler, Vice President, Services Strategy and Offering Management, IBM Security. "We are pleased to integrate Qualys' platform into our MSS portfolio so we can provide customers a continuous view of their security and compliance across all their global assets. In addition, our companies continue to improve product-level integrations and information sharing in products such as Qualys Vulnerability Management and IBM QRadar to help customers derive even more value from their security services." "IBM is helping some of the largest enterprises in the world lead their markets into a new industrial revolution," said Philippe Courtot, chairman and CEO, Qualys, Inc. "Now with the integration of the Qualys Cloud Platform, IBM can build security into the fabric of this digital transformation so their customers can innovate and disrupt before they are disrupted, while reducing the risk of cyber attacks." As a cloud-based solution, the Qualys Cloud Platform integrates real-time visibility of those assets, vulnerabilities and key policy configurations into a single view across data centers, public and private clouds. The platform also gives customers increased scalability, flexibility and ease of use, enabling them to quickly and securely add continuous visibility to new cloud workloads and instances. Built on the Qualys Cloud Platform, ThreatPROTECT integrates continuous visibility of assets and vulnerabilities across cloud platforms, datacenters and mobile devices with real-time threat data to enable customers to easily prioritize their most critical threats. ThreatPROTECT correlates data from vulnerability scans and active threat data from multiple sources into a single dynamic dashboard to provide a holistic and contextual view of an organization's threat exposure, enabling security teams to produce visual reports and work collaboratively with IT to efficiently secure global infrastructures. About Qualys Qualys, Inc. ( : QLYS) is a pioneer and leading provider of cloud-based security and compliance solutions with over 9,300 customers in more than 100 countries, including a majority of each of the Forbes Global 100 and Fortune 100. The Qualys Cloud Platform and integrated suite of solutions help organizations simplify security operations and lower the cost of compliance by delivering critical security intelligence on demand and automating the full spectrum of auditing, compliance and protection for IT systems and web applications. Founded in 1999, Qualys has established strategic partnerships with leading managed service providers and consulting organizations including Accenture, BT, Cognizant Technology Solutions, Deutsche Telekom, Fujitsu, HCL, HP Enterprise, IBM, Infosys, NTT, Optiv, SecureWorks, Tata Communications, Verizon and Wipro. The company is also a founding member of the Cloud Security Alliance (CSA). For more information, please visit www.qualys.com. Qualys, the Qualys logo and QualysGuard are proprietary trademarks of Qualys, Inc. All other products or names may be trademarks of their respective companies.


News Article | February 15, 2017
Site: www.marketwired.com

New Qualys App for QRadar Security Intelligence Platform combines IT asset and vulnerability data with real-time analytics in a single dashboard SAN FRANCISCO, CA--(Marketwired - Feb 14, 2017) - RSA Conference USA 2017, Booth #N3817 -- Qualys, Inc. ( : QLYS), a pioneer and leading provider of cloud-based security and compliance solutions, today launched a new Qualys App for IBM's QRadar Security Intelligence Platform that allows customers to visualize their network IT assets and vulnerabilities in real-time. Available today, the new Qualys App for QRadar helps teams produce continuous vulnerability and risk metrics from a data analytics perspective. The new application is freely available to the security community through the IBM Security App Exchange, a marketplace where developers across the industry can share applications based on IBM Security technologies. As threats are evolving faster than ever, collaborative development amongst the security community will help organizations adapt quickly and speed innovation in the fight against cybercrime. Organizations securing global IT environments against a rapidly changing threat landscape require visibility into continuous risk metrics. Designed to help security teams identify where and when their organizations may be vulnerable to attack, this new Qualys App for QRadar builds real-time trending data and visualizations about key vulnerabilities into a single powerful dashboard. Leveraging the Qualys API, customers using the app can automatically import IT asset and vulnerability data from the Qualys Cloud Platform into QRadar for better visualization and correlation with security incidents. All of this data can be viewed through customizable visualization widgets that leverage QRadar APIs to graph vulnerability severities and aging, or be searched within the QRadar app for the latest asset and vulnerability data. The app continues to automatically update QRadar with new data, giving users a single-pane view of vulnerability spikes and other trends over time across their elastic cloud, endpoints or on-premise global assets. "Cloud computing is powering digital transformations for both global enterprises and those seeking to attack them," said Sumedh Thakar, Chief Product Officer, Qualys, Inc. "Through this integration with IBM QRadar, joint customers now have an improved visibility and analytics tool to help them identify risk metrics and take action against key threats." Based on the Qualys Cloud Platform, The Qualys App for QRadar is designed to give customers critical insight into key vulnerability metrics such as their distribution of vulnerabilities, trending vulnerabilities, top 10 vulnerabilities and more. The Qualys app dashboard also features historical charts, and allows users to set alerts for vulnerability thresholds and spikes. Future versions of the app will include enhanced functionality such as prebuilt widgets for QRadar dashboards and the ability to perform searches directly within the app. About Qualys Qualys, Inc. ( : QLYS) is a pioneer and leading provider of cloud-based security and compliance solutions with over 9,300 customers in more than 100 countries, including a majority of each of the Forbes Global 100 and Fortune 100. The Qualys Cloud Platform and integrated suite of solutions help organizations simplify security operations and lower the cost of compliance by delivering critical security intelligence on demand and automating the full spectrum of auditing, compliance and protection for IT systems and web applications. Founded in 1999, Qualys has established strategic partnerships with leading managed service providers and consulting organizations including Accenture, BT, Cognizant Technology Solutions, Deutsche Telekom, Fujitsu, HCL Technologies, HP Enterprise, IBM, Infosys, NTT, Optiv, SecureWorks, Tata Communications, Verizon and Wipro. The company is also a founding member of the Cloud Security Alliance (CSA). For more information, please visit www.qualys.com. Qualys, the Qualys logo and QualysGuard are proprietary trademarks of Qualys, Inc. All other products or names may be trademarks of their respective companies. About IBM Security IBM's security platform provides the security intelligence to help organizations holistically protect their people, data, applications and infrastructure. IBM offers solutions for identity and access management, security information and event management, database security, application development, risk management, endpoint management, next-generation intrusion protection and more. IBM operates one of the world's broadest security research and development, and delivery organizations. For more information, please visit www.ibm.com/security, follow @IBMSecurity on Twitter or visit the IBM Security Intelligence blog.


Seamless integration of Web Application Scanning (WAS) 5.0 with Web Application Firewall (WAF) 2.0 uniquely brings scalable scanning, reduction of false-positives and one-click patching to web apps, including mobile apps and IoT services SAN FRANCISCO, CA--(Marketwired - Feb 13, 2017) - RSA Conference USA 2017, Booth #N3817 -- Qualys, Inc. ( : QLYS), a pioneer and leading provider of cloud-based security and compliance solutions, today announced new functionality in its web application security offerings, including scalable fast scanning, detection and patching of websites, mobile applications and Application Programming Interfaces (APIs) in one unified platform. New features in Qualys Web Application Scanning (WAS) 5.0 and Web Application Firewall (WAF) 2.0 allow customers to scan thousands of web applications and APIs using WAS 5.0, deploy one-click virtual patches for detected vulnerabilities using WAF 2.0 and manage it all from a centralized self-updating cloud platform. Qualys will showcase this enhanced functionality during RSA Conference USA 2017 at booth #N3817. Web application security is complex due to the continuously evolving threat landscape, the diverse nature of web, mobile and Internet of Things (IoT) applications and the broad range of systems needed to manage security across them. Qualys is addressing this complexity by extending automated web application vulnerability scanning to APIs, and adding increased WAF customization capabilities, simplified controls and stronger security rules. Customers can now use one cloud platform to programmatically scale rapid scanning and patching of web application vulnerabilities across browser-based, mobile and IoT services, then simulate attacks to verify protection. This agile solution will also empower DevOps teams to make web application security an integral part of their processes, so they can detect and patch vulnerabilities early on in the development cycle, avoiding costly security issues in production. "We use Qualys WAS to scan and secure all our web applications on a continuous basis, and we are pleased with the speed and accuracy of the service," said David Cook, Chief Security Officer at Jive Software. "We are excited about the Qualys WAF that will allow us to act quickly and respond to threats by using the one-click virtual patching feature to remediate active vulnerabilities." "Digital transformation is driving global enterprises to retool and expand the reach of their web applications to power the mobile and IoT revolution, hence introducing more challenges to identify and secure them on a global scale," said Philippe Courtot, chairman and CEO, Qualys, Inc. "Qualys' seamless integration of WAS 5.0 and WAF 2.0 gives security teams a powerful, scalable and cost-effective solution to detect, scan and secure thousands of web apps and IoT services continuously." Availability Qualys WAS 5.0 and WAF 2.0 are available now as annual subscriptions. Pricing is as follows, based on the number of web applications and virtual appliances: About Qualys Qualys, Inc. ( : QLYS) is a pioneer and leading provider of cloud-based security and compliance solutions with over 9,300 customers in more than 100 countries, including a majority of each of the Forbes Global 100 and Fortune 100. The Qualys Cloud Platform and integrated suite of solutions help organizations simplify security operations and lower the cost of compliance by delivering critical security intelligence on demand and automating the full spectrum of auditing, compliance and protection for IT systems and web applications. Founded in 1999, Qualys has established strategic partnerships with leading managed service providers and consulting organizations including Accenture, BT, Cognizant Technology Solutions, Deutsche Telekom, Fujitsu, HCL Technologies, HP Enterprise, Infosys, NTT, Optiv, SecureWorks, Tata Communications, Verizon and Wipro. The company is also a founding member of the Cloud Security Alliance (CSA). For more information, please visit www.qualys.com. Qualys, the Qualys logo and QualysGuard are proprietary trademarks of Qualys, Inc. All other products or names may be trademarks of their respective companies.


News Article | February 17, 2017
Site: www.prlog.org

Barely a week after the US-based software services player Cognizant Technology Solutions, which has several delivery centres in India, announced plans to return $3.4 billion to its shareholders through buyback of shares and dividends, Tata Consultancy...

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