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Portnox Reports 2018 Business ResultsPortnox, a leading provider of network access control, visibility and device risk management solutions, today announced it achieved record business results in 2018 due to accelerating demand for Portnox CLEAR, its cloud-delivered NAC product, among midsize organizations and managed service providers. The company boosted SaaS (News - Alert) revenues by more than 250% year over year, doubled customer acquisition in key verticals and expanded its global footprint through strategic MSP and channel partnerships. Portnox (News - Alert) will demonstrate Portnox CLEAR at RSA Conference 2019 Booth #5366 in the North Expo at the Moscone Center in San Francisco from March 5-7. Portnox was also named the leader for NAC products among midsize to large organizations with a 22% market share by global research firm Frost & Sullivan (News - Alert) in the recent "NAC Market, Global Forecast to 2022". According to the report, NAC revenues are expected to grow from 2017 to 2022 at a 16.9% CAGR, reaching $2.1 billion. In 2018, the company was recognized for its technology innovations by Info Security Product Guide Excellence Awards, Cyber Defense Magazine InfoSec Awards, Cybersecurity Excellence Awards and the SC Magazine SC Awards. "There is a large, untapped need among organizations, especially mid-size enterprises, for a simpler approach to network access control that is easy to deploy, operate and manage like our cloud-delivered Portnox CLEAR solution," said Ofer Amitai, CEO and Co-Founder of Portnox. "We experienced a major spike in revenues last year as end customers turned to our channel partners and MSPs to implement Portnox CLEAR for its ability to eliminate the complexity of deploying and managing NAC in distributed environments." Portnox 2018 Highlights
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