Established Market Presence Faronics has a longstanding history in endpoint management and security solutions since 1996, with a customer base spanning over 30,000 organizations and deployments in more than 150 countries, indicating a stable and global market footprint.
Diverse Product Portfolio Recent product launches like Deep Freeze, Insight, and Chromebook MDM demonstrate Faronics’ focus on expanding its solution offerings in device management and endpoint security, creating multiple opportunities for upselling and cross-selling to existing clients.
Growth and Investment Faronics raised significant funding of £10 million in 2017, reflecting investor confidence in its growth potential, which can be leveraged to target organizations looking for innovative and scalable security solutions.
Mid-Sized Customer Base With an employee count of 51-200 and annual revenues between 10 and 50 million dollars, Faronics is well-positioned to target mid-sized enterprises seeking cost-effective, easy-to-deploy endpoint management solutions.
Market Trends Faronics’ emphasis on evolving sector needs such as remote device management, social distancing enforcement, and mobile device controls aligns with current trends, providing opportunities to address the growing demand for flexible, security-focused IT solutions.