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Secureworks Corp  (SCWX)
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    Sector  Technology    Industry Software & Programming
   Industry Software & Programming
   Sector  Technology

Secureworks's

Competitiveness


 

SCWX Sales vs. its Competitors Q2 2019



Comparing the results to its competitors, Secureworks reported Total Revenue increase in the 2 quarter 2019 by 6.08 % year on year.
The sales growth was above Secureworks's competitors average revenue growth of 5.51 %, recorded in the same quarter.

List of SCWX Competitors





Revenue Growth Comparisons




Net Income Comparison


Secureworks Corp recorded net loss , despite income increase by most of its competitors of 49.37 %

<<  More on SCWX Income Comparisons


Secureworks's Comment on Competitors and Industry Peers


The market for information security services is very competitive, and we expect competition to continue to increase in the future. Changes in the threat landscape and the broader IT infrastructure have led to quickly evolving client requirements for protection from security threats and adversaries.

We compete primarily against the following four types of security services and product providers, some of which operate principally in the large enterprise market and others in the market for small and medium-sized businesses:


global telecommunications and network services providers such as AT&T Inc., BT Group PLC, Verizon Communications Inc. and NTT Communications Corp.;


providers of specialized or niche IT security products and services such as FireEye, Inc., Palo Alto Networks, Inc. and Symantec Corporation;


diversified technology companies such as Cisco Systems, Inc., Hewlett Packard Enterprise Company, International Business Machines Corporation and Intel Corporation; and


regional information security services providers that compete in the small and medium-sized businesses market with some of the features present in our information security solutions.


We believe that the principal competitive factors in our market include:


global visibility into the threat landscape;


ability to generate actionable intelligence based on historical data and emerging threats;


ability to apply threat intelligence from our Counter Threat Unit to our Counter Threat Platform and security controls;


scalability and overall performance of platform technologies;


ability to integrate with, monitor and manage a variety of third-party products;


ability to provide a flexible deployment option to cater to specific client needs;


ability to attract and retain high-quality professional staff with information security expertise;


brand awareness and reputation;


strength of sales and marketing efforts;


cost effectiveness;


client service and support; and


breadth and richness of threat intelligence, including history of data collection and diversity and geographic scope of clients.

We believe that we generally compete favorably with our competitors on the basis of these factors as a result of the architecture, features and performance of our Counter Threat Platform, the quality of our threat intelligence, the security expertise within our organization, and the ease of integration of our solutions and platform with other technology infrastructures. However, many of our existing and potential competitors, particularly in the large enterprise market, have advantages over us because of their longer operating histories, greater brand name recognition, larger client bases, more extensive relationships within large commercial enterprises, more mature intellectual property portfolios and greater financial and technical resources.






  

Total Segment Market Share Q2 2019

Revenue in Total segment grew by 6.08 %, less than Secureworks Corp peers within this segment.

<<  More on SCWX Market Share.
 

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


SCWX's vs. Competition, Data

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



COMPANY NAME TICKER MARKET CAP REVENUES INCOME EMPLOYEES
Secureworks Corp SCWX 1,024 533 -34 2,555
Qualys, Inc. QLYS 3,365 300 67 869
Fireeye, Inc. FEYE 2,911 849 -239 0
Rapid7, Inc. RPD 2,502 283 -50 1,079
Imperva Inc IMPV 1,921 315 9 1,020
Akamai Technologies, Inc AKAM 15,046 2,795 423 2,457
Ca, Inc. CA 17,509 4,235 476 11,600
Cipherloc Corp CLOK 28 0 -5 7
Cisco Systems, Inc. CSCO 211,376 51,904 11,621 70,000
Scandium International Mining Corp. EMC 0 0 926 70,000
Intel Corporation INTC 234,970 70,386 19,746 106,700
MCAFEE, INC. MFE 0 0 0 0
Verisign Inc VRSN 22,822 1,226 630 1,061
Symantec Corp SYMC 15,684 4,822 117 20,000
Varonis Systems, Inc. VRNS 1,879 271 -48 1,251
International Business Machines Corporation IBM 126,672 77,859 8,734 379,592
Microsoft Corporation MSFT 1,062,574 125,843 39,240 118,000
Hp Inc. HPQ 28,456 58,558 4,568 302,000
Red Hat Inc RHT 34,078 3,362 434 7,300
Dell Technologies Inc. DELL 41,152 91,601 3,379 0
Alphabet Inc. GOOG 860,405 148,299 34,744 80,110
Attunity Ltd ATTU 517 86 6 256
Xura, Inc. CNSI 0 0 0 1,100
Mimecast Ltd MIME 2,414 361 -8 1,192
At&t Inc. T 272,829 177,545 19,542 242,000
Palo Alto Networks Inc PANW 20,907 2,991 -38 0
Nippon Telegraph & Telephone Corp NTT 0 0 0 0
Verizon Communications Inc. VZ 247,802 131,087 16,361 183,400
Splunk Inc. SPLK 17,847 2,044 -310 3,200
Validian Corp VLDI 17 0 -1 16
Bravatek Solutions, Inc. BVTK 1 2 14 1
Appian Corporation APPN 3,172 242 -49 705
Shoretel Inc SHOR 456 333 -9 1,158
Supercom Ltd SPCB 13 33 -7 215
SUBTOTAL 3,250,348 958,166 160,241 1,608,844


             
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