5 Jan 2015 07:00
FOR IMMEDIATE RELEASE 5th January 2015
GLOBO plc
("Globo" or the "Group")
Globo highlighted in latest IDC report
Globo plc (LSE-AIM: GBO), the international provider of enterprise mobility management solutions and software as a service, is highlighted in IDC's December 2014 report on Mobile Application Development Platforms (MADP) - "Worldwide Mobile Enterprise Application Development Platform 2014-2018 Forecast and 2013 Vendor Shares" - for its integrated offerings.
Globo's GO!AppZone MADP offering is ranked first in terms of revenue growth (307% for the period 2012-2013) and it is second among seven "pure play" vendors dedicated to mobile development and deployment platforms.
IDC's revenue-based survey of MADP market share 2012-2013 also ranks Globo twelfth of sixteen vendors worldwide. These sixteen vendors, including global ISVs such as SAP, Apple, IBM and Microsoft amount to a combined market share of 67.2%.
IDC expects the mobile enterprise application market to grow from $1.2 billion in 2013 to reach $3.7 billion by 2018, a 25% compound annual growth rate. IDC notes that the current application development landscape is fragmented, emphasising the importance of platforms that offer:
· A fully integrated approach of front-end development and back-end services across on-premise and cloud offerings
· Simplification of development and support across multiple end points
Globo's CEO, Costis Papadimitrakopoulos, commented:
"We are pleased to see that our product strategy and investments are fully aligned with the market trends as indicated in this and other reports. Globo's offering combines Mobile Application Development Platform (MADP), Enterprise Mobility Management (EMM) and Mobility Business Solution (MBS) expert consulting to meet customer needs as they transform their businesses to become "Mobile Enterprises."
ENDS
CONTACTS
Globo plc | +44 20-7378-8828 |
Costis Papadimitrakopoulos, CEO Dimitris Gryparis, Finance Director Mike Jeremy, IRO | |
RBC Capital Markets (Nominated Adviser & Broker) | +44 20-7653-4000 |
Pierre Schreuder | |
Canaccord Genuity (Joint Broker) Simon Bridges or Emma Gabriel | +44 20-7523-8000 |
Brunswick Group | |
Chris Blundell or Katarina Sallerfors | +44 20-7404-5959 |
About Globo plc
Globo Plc is a global provider of complete enterprise mobility solutions and SaaS. 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 included in the 2014 Gartner Enterprise Mobility Management Magic Quadrant report and in Ovum's 2014-15 Decision Matrix for EMM Solutions.
For more information visit www.globoplc.com.