The security market might not have stayed immune from the downturn but compared to other sectors has shown much greater resilience.
The latest to report financial numbers that give an insight into the state of the market is Clearswift with the email and web security appliance specialist.
The non-listed company is not required to put out detailed numbers but stated that billings for its appliances were up 50% in the first quarter compared to the same period last year.
The vendor said that the UK,along with Central Europe and the Asia Pacific were strong markets.
“Appliance sales are up, renewals with existing customer shave exceeded targets and there is an increasing trend of securing business through multi-year agreements, signaling strengthened commitment from our customers,” said Clearswift chief executive Richard Turner.