Globo’s Enterprise Mobility Business Growing at 4x Industry Level According to Leading Research Firm IDCAugust 19, 2015
Palo Alto, Calif. – Aug 19, 2015: : Globo Plc (LSE-AIM: GBO, OTCQX: GOBPY) (“Globo” or the “Company”), the global provider of enterprise mobility and application development platforms and services, has been noted in the 2014 International Data Corporation (IDC) report on Worldwide Enterprise Mobility Management for delivering a year-on-year revenue increase of 116.9 percent – more than four times the industry growth rate.
The report, entitled “Worldwide Enterprise Mobility Management Software Market Shares, 2014“, provides a competitive analysis of the EMM software market for 2014. The report states that the enterprise mobility management (EMM) software market grew from $1.1 billion to $1.4 billion in 2014, representing total year-over-year growth of 27.2 percent, higher than the 22 per cent growth IDC had expected in last year’s forecast. According to IDC, Globo’s estimated growth over the same period was more than four times the industry’s growth, indicating significant market share gain.
“This report further validates the growing momentum of Globo in the marketplace,” said Globo CEO Costis Papadimitrakopulos. “Customers are choosing Globo because they are looking to benefit from our unique and comprehensive combination of products and services both for enterprise mobility management and mobile application development. This represents the integrated approach that is needed to create innovative mobile experiences for customers.”
IDC is the premier global provider of market intelligence, advisory services, and events for the information technology, telecommunications and consumer technology markets. IDC helps IT professionals, business executives, and the investment community make fact-based decisions on technology purchases and business strategy. More than 1,100 IDC analysts provide global, regional, and local expertise on technology and industry opportunities and trends in over 110 countries worldwide.
Globo Plc is a global provider of complete enterprise mobility and application development platforms and services. Our GO!Enterprise (EMM) and GO!AppZone (MADP) offerings help businesses expand their engagement with employees and customers through the mobile channel via a secure and extensible environment that runs on all smart devices. The Group operates internationally through subsidiaries and offices in U.S., U.K., Europe, Middle East and South East Asia. Globo was recognized in the 2014 Gartner Enterprise Mobility Management Magic Quadrant report, Ovum’s 2014-15 Decision Matrix for EMM Solutions and Ovum’s 2015-16 Decision Matrix for MADP. For more information visit www.globoplc.com.
For media and analysts
Global Results Communications
Lora Friedrichsen/Valerie Christopherson
+1 949 608 0276