WatchGuard Technologies has announced that it has set a new company record with its financial results for Q4 2013. Driven by the October launch of WatchGuard Dimension, its new cloud-ready security visibility tool which comes standard on the company's flagship Unified Threat Management (UTM) platform, the company grew net billings worldwide by 23 percent in Q4, when compared to the fourth quarter of 2012.
While WatchGuard continued to see strong global growth with small- and medium-sized distributed enterprise customers, the company achieved a 41 percent increase in high-end platform sales as the UTM value proposition continues to penetrate into the larger enterprise space.
Scott Robertson, Vice President of the Asia Pacific region for WatchGuard Technologies said, "At a time like this, enterprise customers seek three key benefits form their IT investments - to increase revenue, reduce costs and mitigate risk -- and with WatchGuard UTM we can help IT departments deliver on all these objectives."
In addition, new business in Q4 2013 grew 30 percent quarter-over-quarters.
