Gartner Names Wave a "Visionary" in the 2013 Mobile Data Protection Magic Quadrant
LEE, MA, Sep 25, 2013 (Marketwired via COMTEX) --
Wave Systems Corp. (NASDAQ: WAVX), the Trusted Computing Company,
announced today that it has been named a Visionary by Gartner Inc. in
its September 2013 Magic Quadrant for Mobile Data Protection (MDP),
published by John Girard and Eric Ouelett. Companies in the Magic
Quadrant are positioned for completeness of vision and ability to
"To once again be recognized in Gartner's Magic Quadrant as a
visionary is a huge honor," said Steven Sprague, CEO for Wave. "We
consider Gartner's findings as highly credible proof that Wave has
been able to and will continue to lead not only in the mobile data
protection space, but also in other areas as customers look to
protect their sensitive data. Wave-managed hardware encryption makes
users' devices 'safe to lose' since network administrators can access
detailed event logs to prove sensitive data was protected should a
device become lost or stolen."
In the mobile data protection (MDP) market, Gartner tracks software
security utilities that enforce confidentiality policies by
encrypting data, and then managing access to that encrypted data on
the primary and secondary storage systems of end-user devices. The
market primarily serves laptops, although the technologies and use
cases originated in the desktop workstation area. In the evaluations,
Gartner assesses the inclusion of compatibility features such as
support for the Trusted Platform Module (TPM), self-encrypting drives
(SEDs) based on the Trusted Computing Group Opal standards and OS
embedded encryption such as Windows BitLocker and Mac FileVault.
Unlike other ISVs, Wave's leverages the security capabilities built
directly into endpoint computing platforms themselves, instead of
adding layers of software for security that can be more vulnerable to
attack. Wave's comprehensive portfolio of trusted computing solutions
for managing data protection, authentication and malware detection
enable enterprises and SMBs to:
-- Ensure their devices are safe to lose. Data is always protected with
hardware-based encryption managed by Wave. Wave Cloud is the only
Cloud service on the market for managing self-encrypting drives and
Wave for BitLocker(TM) Management enables the fast deployment of
BitLocker(TM), the native encryption feature from Microsoft.
-- Safely and securely encrypt files uploaded to cloud storage services
like Dropbox(TM) or Microsoft SkyDrive(TM).
-- Eliminate passwords. Ensure seamless, second-factor authentication
with Wave to enable virtual smartcards and to protect credentials
while using Microsoft DirectAccess.
-- Ensure that only known devices are allowed on known networks.
Establish persistent device identity that can't be spoofed and gain
increased visibility into endpoint health before the operating system
loads with Wave Endpoint Monitor.
About Wave Systems
Wave Systems Corp. (NASDAQ: WAVX) reduces the
complexity, cost and uncertainty of data protection by starting
inside the device. Unlike other vendors who try to secure information
by adding layers of software for security, Wave leverages the
security capabilities built directly into endpoint computing
platforms themselves. Wave has been a foremost expert on this growing
trend, leading the way with first-to-market solutions and helping
shape standards through its work as a board member for the Trusted
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Wave Systems Corp.
David Collins, Eric Lentini
SOURCE: Wave Systems Corp.
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