Mimecast Ltd  (MIME)
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    Sector  Technology    Industry Software & Programming
   Industry Software & Programming
   Sector  Technology

Mimecast Ltd's



MIME Sales vs. its Competitors Q2 2019

Comparing the results to its competitors, Mimecast Ltd reported Total Revenue increase in the 2 quarter 2019 by 26.56 % year on year.
The sales growth was above Mimecast Ltd's competitors average revenue growth of 1.51 %, recorded in the same quarter.

List of MIME Competitors

Revenue Growth Comparisons

Net Income Comparison

Mimecast Ltd recorded net loss and most of company's competitors saw decline in earnings by -26.41 %

<<  More on MIME Income Comparisons

Mimecast Ltd's Comment on Competitors and Industry Peers

Our market is large, highly competitive, fragmented, and subject to rapidly evolving technology and security threats, shifting customer needs and frequent introductions of new products and services. We do not believe that any specific competitor offers the fully unified service and integrated technology that we do. However, we do compete with companies that offer products that target email and data security, continuity and archiving, as well as large providers such as Google Inc. and Microsoft Corporation, who offer functions and tools as part of their core mailbox services that may be, or be perceived to be, similar to our offerings. Our current and potential future competitors include: Barracuda Networks, Inc., Google, Microsoft Exchange® Online Protection, Proofpoint, Inc., Symantec Corporation and Cisco Systems Inc., in security, and EMC, Microsoft Office 365®, Veritas Technologies LLC and Barracuda in archiving. Some of our current and future competitors may have certain competitive advantages such as greater name recognition, longer operating history, larger market share, larger existing user base and greater financial, technical and other resources. Some competitors may be able to devote greater resources to the development, promotion and sale of their products than we can to ours, which could allow them to respond more quickly than we can to new technologies, threats and changes in customer needs. We cannot provide any assurance that our competitors will not offer or develop products or services that are superior to ours or achieve greater market acceptance.

The principal competitive factors in our market include, but are not limited to:

reliability and effectiveness in protecting, detecting and responding to cyberattacks;

scalability and multi-tenancy of our system;

breadth and unification of our services;

cloud-only delivery;

total cost of ownership;

speed, availability and reliability;

integration into office productivity, desktop and mobile tools;

speed at which our services can be deployed;

ease of user experience for IT administrators and employees; and

superior customer service and commitment to customer success.

We believe that we compete favorably on the basis of these factors. Our ability to remain competitive will depend to a great extent upon our ongoing performance in the areas of product and cloud architecture development, core technical innovation, channel management and customer support.


Total Segment Market Share Q2 2019

Due to strong revenue growth of 26.56 % in overall company Mimecast Ltd improved its market share, to approximate 7.03 %.

<<  More on MIME Market Share.

*Market share is not actual measurement, only performance comparison of companies which report and operate within the same segment.

MIME's vs. Competition, Data

(Revenue and Income for Trailing 12 Months, in Millions of $, except Employees)

Mimecast Ltd MIME 2,359 361 -8 1,192
Akamai Technologies, Inc AKAM 15,164 2,795 423 2,457
Bravatek Solutions, Inc. BVTK 0 2 14 1
Ca, Inc. CA 17,509 4,235 476 11,600
Cipherloc Corp CLOK 31 0 -5 7
Cisco Systems, Inc. CSCO 202,734 51,904 11,621 70,000
Barracuda Networks Inc CUDA 1,515 373 15 0
Cyren Ltd. CYRN 85 55 -29 239
Scandium International Mining Corp. EMC 0 0 926 70,000
Fireeye, Inc. FEYE 3,110 849 -239 0
Imperva Inc IMPV 1,921 315 9 1,020
Intel Corporation INTC 235,784 70,386 19,746 106,700
MCAFEE, INC. MFE 0 0 0 0
Proofpoint Inc. PFPT 6,661 800 -114 0
Qualys, Inc. QLYS 3,170 300 67 869
Rapid7, Inc. RPD 2,226 283 -50 1,079
Secureworks Corp SCWX 983 533 -34 2,555
Splunk Inc. SPLK 16,676 2,044 -310 3,200
Symantec Corp SYMC 14,817 4,822 117 20,000
Validian Corp VLDI 27 0 -1 16
Varonis Systems, Inc. VRNS 1,888 271 -48 1,251
SUBTOTAL 526,661 140,329 32,578 292,186


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