Encryption is the process of converting plain text to cipher text using an encryption algorithm, which may be symmetric or asymmetric. The data encrypted can be deciphered only with an encryption key. Encryption software is used to protect the data at rest, data in transit, and data in process in the on-premises and cloud environments. Confidentiality, integrity, and non-repudiation of the data can be achieved by encryption software supported with efficient key management. Symmetric key algorithm makes use of only one key for encryption. Asymmetric key algorithm makes use of a pair of keys: public and private keys. With the help of the encryption software, users can efficiently protect the data stored in storage devices, networks, applications, databases, and cloud environment from advanced cyber-attacks.
The vendors in encryption software have been placed into 4 categories based on their performance in each criterion: visionary leaders, innovators, emerging, and dynamic.
The visionary leaders in encryption software category receive high scores for most of the evaluation criteria. They have an established product portfolio and a very strong market presence.
Innovators have innovative portfolio of services and a strong potential to build robust business strategies for their business growth, to be at par with the Visionary Leaders. Moreover, a strong and dedicated direct and indirect sales channel is one of the key factors influencing the brand position of the firm.
The dynamic differentiators are established vendors with very strong business strategies. However, they have a low product portfolio. They focus on a specific type of technology related to the product.
The emerging companies have niche product offerings and are starting to gain their position in the market. They do not have much strong business strategies as compared to other established vendors. They might be new entrants in the market and require some more time before getting significant traction in the market.
In the era of cutting-edge competition, enterprises across the globe are aggressively expanding their businesses, leading to a surge in the number of endpoint nodes, data centers, and cloud storage. This, in turn, is increasing the risks of contamination of the data stored. A large amount of data transferred from the sender to the recipient through the network has to be carefully monitored to safeguard it from active and passive attackers. Encryption standards and protocols need to be sharp to counter the new-generation threats, such as Advanced Persistent Threats (APTs), malware, and ransomware. Data breaches can lead to critical information loss and ultimately cause losses running into millions of dollars. Thus, confidentiality, integrity, and availability of data always remain a subject of concern. The DES available in the 1990s using the 64-bit key for encryption was susceptible to breakdown through brute force. Organizations require highly protective encryption standards and algorithms for safeguarding data from threats. With the rise in IoT and BYOD trend in the IT infrastructure, encryption software are safeguarding every node available on-premises or remotely available and protecting every packet of data present on-premises or available in the cloud. Disk encryption, also known as hard drive encryption, full disk encryption, and whole disk encryption, is the encryption of the entire disk. Whole disk encryption encrypts the entire disk, including swap files, system files, and hibernation files. The importance of encrypting a disk is that even if the encrypted disk is lost or stolen, its encrypted state remains unchanged, and only an authorized user can access its contents. Currently, enormous amounts of data are being generated and stored across organizations. File/folder encryption protects data by encrypting files and folders on desktops, laptops, smartphones, tablets, removable media, Direct-Attached Storage (DAS), Storage Area Network (SAN), and NAS servers, using Common Internet File System (CIFS) or Network File System (NFS) file-sharing protocols. Data is protected from loss, theft, and other types of attacks, such as malware and ransomware. File/folder encryption offers an additional layer of security on top of full disk encryption because once encrypted, files and folders retain their encrypted status, regardless of the data movement. Valuable information consisting of the customer’s personal data, business information, and intellectual property is stored in the form of a database and is warehoused in data centers or virtual storage. Furthermore, companies store these databases in heterogeneous environments, ranging from business networks to diverse types of clouds. Application-level encryption ensures that data is encrypted at the highest level in the system, which makes it invisible to all the levels below. Database-level encryption enables securing the data as it is inserted into, or retrieved from the database. Within the database, data can be encrypted in a specific field, a column, a table, or across the entire database.
Support and Services
Level of Support
Customer Redressal Mechanism/Program
Pre Sales SupportProof of Concept | Product Demos | Dedicated Account Manager (DAM) |
Channel for Delivery of Support ServicesOn-Site Support | Remote Support |
ServicesProfessional Services | Managed Services |
Professional ServicesSupport and Maintenance | Consulting Service | Training and education |
Focus on Product Innovation
Type of AlgorithmPatented inhouse algorithm | AES | Others (RSA, Blowfish, DES) |
Support and ServicesData Encryption | Data Loss Prevention | Tokenization | Key Management | Others |
Solutions OfferedDisk Encryption | File/Folder Encryption | Database and Application Encryption | Communication Encryption (Voice email, and message) | Cloud Encryption |
Deployment ModelSaaS | PaaS | IaaS |
Applications CateredData-in-motion encryption | Data-at-rest encryption | Data-in- process/use encryption | Virtual machine instance encryption | File level encryption | Application-level encryption | Column-level encryption | Application-level tokenization |
End UsersLarge Enterprises | SMEs |
Deployment ModelOn-Premise | Cloud |
Delivery Mode for Client LocationSubscription / Licensing | Per User / Device Basis | Full Time Equivalent |
Channel of DeliveryDirectly | Through Partners / Third-Party Vendors |
New Product Launched
New Customers Acquired (Last 1 year)
% Revenue from ApplicationsNorth America | Europe | Asia-Pacific | Middle East and Africa | Latin America |
Forecasted Revenue Growth Rate
Mergers and Acquisitions Strategy
Partnership and Collaborations
Direct Presence - North America
Direct Presence - Europe
Direct Presence - Asia-Pacific
Direct Presence - Middle East and Africa
Direct Presence - Latin America
Sales Office - North America
Sales Office - Europe
Sales Office - Asia-Pacific
Sales Office - Middle East and Africa
Sales Office - Latin America
Channel Partners - North America
Channel Partners - Europe
Channel Partners - Asia-Pacific
Channel Partners - Middle East and Africa
Channel Partners - Latin America
Channel Strategy and Fit
Partner EcosystemDistributors | System Integrators | Value Added Resellers (VAR) | Consultants | Others please specify |
Business Expansion Strategy
Breadth of Applications Served
Industry VerticalBFSI | Healthcare and Life Sciences | Government and Public Sector | IT and Telecom | Retail and Consumer Goods | Aerospace and Defense | Other Industry Verticals |
Application Revenue SlitRevenue - BFSI | Revenue - Healthcare and life sciences | Revenue - Government and public utilities | Revenue - Telecom and IT | Revenue - Retail | Revenue - Aerospace and Defence | Revenue - Others |
Business Expansion Strategy
Total Funding Amount