Encryption software converts sensitive business data into secure ciphertext through symmetric or asymmetric encryption algorithms. Such encrypted data can only be deciphered by using an encryption key. Enterprises leverage encryption to protect data in transit, data at rest, and data in process in on-premises as well as cloud environments. The key features of encryption solutions are integrity, confidentiality, and non-repudiation of data. The report studies essential market players such as PKWARE, Trend Micro, and McAfee
On the 360Quadrants platform, PKWARE, Trend Micro, and McAfee are recognized as Visionary Leaders in the Encryption Software space. Companies that fall in this category have an established product portfolio and a powerful market presence.
PKWARE is the developer of best-in-class data encryption solutions that protect mobile, desktop, email, file servers, and applications. The Smartcrypt platform by PKWARE is a comprehensive enterprise data protection package that is augmented by the Smartcrypt Enterprise Manager, which provides users with end-to-end control over critical business data.
Trend Micro Incorporated is a leader in the global cybersecurity space. Its solutions secure data exchange for all parties and are leveraged by consumers, businesses, and governments around the world in order to provide layered security for their cloud environments, data centers, endpoints, and networks.
McAfee is a pioneer in the cybersecurity space that has diversified its security offerings by releasing its own brand of desktop and network encryption technologies. McAfee is a renowned provider of file encryption, firewall, and public key infrastructure solutions.
The 360Quadrants platform provides the most granular Encryption Software comparisons between vendors.
The methodology used to rank vendors of Encryption Software involved the use of extensive secondary research to identify key vendors by referring to annual reports, press releases, investor presentations, white papers, and various related directories and databases. 16 key vendors were shortlisted based on their breadth of product offerings, organization size, and several other criteria.
The scores and weights for shortlisted vendors against each parameter were finalized after extensive research. After the finalization of ratings, each vendor was placed in the most relevant quadrant based on its score in the product offering and business strategy parameters.
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360Quadrants has also launched quadrants in fields like Predictive Analytics Solutions, Application Modernization Services, and AI in Fintech Solutions.
Category: SoftwareCompany about: 360Quadrants is the only comparison platform that combines expert analysis with crowdsourced insights. It covers emerging markets and technologies that are yet to be explored in detail. The platform gathers reviews from buyers, vendors, experts, and in-house analysts that influence the criteria used to position the company on the Quadrant. Buyers get to simplify and de-risk complex purchase decisions. They get granular, unbiased and personalized comparison of products to their specific buying c ...
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