Kaspersky Lab targets to be on the top

Eugene Kaspersky, CEO and co-founder, Kaspersky Lab

Kaspersky Lab, leading security and threat management solutions, today announced plans to refine its organizational structure and become one of the top three IT security solutions providers for endpoint users in 2011. 

According to Kaspersky Lab’s operational results for 2010, the company demonstrated significant growth in all regions. Globally, the company’s revenues grew by 38 percent year-on-year and exceeded $500 million.

The year 2010 was also a successful one for Kaspersky Lab in the CIS, Eastern Europe, the Middle East and Africa, where revenues totaled $131 million — an increase of 35 percent compared to 2009.

Eugene Kaspersky, CEO and co-founder, Kaspersky Lab, said, “This year we are closer than ever before to becoming one of the top three providers of IT security solutions in the global market. In order to achieve this breakthrough we need to maintain our current rate of growth and once again demonstrate that as a company, we have what it takes to retain our competitive edge. By making our organizational structure globally-aligned we expect to achieve our goal of becoming one of the three biggest players in the global market by the end of 2011.”

These impressive levels of regional expansion mean Kaspersky Lab is set to become one of the top three providers of endpoint security solutions. As part of the company’s strategy for continued business growth, and in order to accomplish its planned increase of market share, Kaspersky Lab’s management team has initiated a process that will refine the company’s organizational structure in two strategically important areas — product development and our regional sales network.

One of the key drivers behind Kaspersky Lab’s growth has been its winning unified technological platform developed in-house and used as a single foundation for all company’s products targeted to different market segments. In March 2011, a decision was made to reinforce this process further by creating a single division to oversee the product strategy for all three of the company’s current business areas — consumer products and services, corporate solutions, and technology licensing to other vendors.

Kaspersky Lab plans to complete the changes to its organizational structure in the first half of 2011. According to the management team, the new centralized management structure will allow the company to more effectively develop its business worldwide, ensure stable growth and strengthen its position in the global IT security market.