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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 2018



Comparing the results to its competitors, Secureworks reported Total Revenue increase in the 2 quarter 2018 by 10.9 % year on year.
The revenue growth was below Secureworks's competitors average revenue growth of 11.4 %, 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 26.75 %

<<  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.




<<  See the full list of SCWX competitors


Competitiveness By Company's Divisions



  

Total Segment Market Share Q2 2018

Total segment revenue, increased less, than total compay revenues, at 10.9 % and lost market share, to approximate 7.04 %.

<<  More on SCWX Market Share.
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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 1,313 493 -25 2,555
Qualys, Inc. QLYS 3,152 264 51 869
Fireeye, Inc. FEYE 3,609 816 -272 0
Rapid7, Inc. RPD 1,538 233 -56 1,079
Imperva Inc IMPV 2,004 345 -32 1,020
Akamai Technologies Inc AKAM 11,731 2,665 223 2,457
Ca, Inc. CA 18,487 4,029 413 11,600
Cipherloc Corp CLOK 39 0 -3 7
Cisco Systems, Inc. CSCO 220,719 49,330 110 70,000
Emc Corp EMC 0 0 0 70,000
Intel Corp INTC 226,962 69,244 15,171 106,700
MCAFEE, INC. MFE 0 0 0 0
Verisign Inc VRSN 19,042 1,203 503 1,061
Symantec Corp SYMC 14,408 4,815 1,211 20,000
Varonis Systems Inc VRNS 1,732 256 -30 1,251
International Business Machines Corp IBM 111,262 80,373 5,723 379,592
Microsoft Corporation MSFT 840,980 114,906 18,819 118,000
Hp Inc. HPQ 39,091 57,033 4,536 302,000
Red Hat Inc RHT 32,433 3,157 289 7,300
Dell Inc. DELL 0 0 0 0
Alphabet Inc. GOOG 704 129,866 18,768 53,861
Attunity Ltd ATTU 482 62 -7 256
Xura, Inc. CNSI 0 0 0 1,100
Mimecast Ltd MIME 2,173 301 -15 1,192
At&t Inc. T 221,723 164,439 33,959 242,000
Palo Alto Networks Inc PANW 15,757 2,273 -148 0
Nippon Telegraph & Telephone Corp NTT 0 0 0 0
Verizon Communications Inc VZ 249,269 130,537 32,757 183,400
Splunk Inc SPLK 14,578 1,448 -298 3,200
Validian Corp VLDI 8 0 -1 16
Bravatek Solutions, Inc. BVTK 2 2 5 1
Appian Corp APPN 1,692 68 -6 705
SUBTOTAL 2,054,889 818,158 131,648 1,581,222
     
       
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