Market Presence Faronics has a strong global footprint with over 10 million licenses sold and solutions deployed in more than 150 countries, presenting a substantial opportunity to expand their customer base and upsell additional security and management products.
Product Innovation Their recent launches, including Deep Freeze customer and Chromebook MDM, indicate ongoing development efforts targeting multi-platform endpoint management and security, which can appeal to organizations seeking comprehensive device control solutions.
Security Focus Despite existing data breach challenges, Faronics emphasizes endpoint security and threat detection, suggesting a potential for offering enhanced security integrations, consulting services, or training to improve security posture.
Growing Solution Portfolio New releases such as Faronics Insight and expanded features in Deep Freeze Enterprise demonstrate a focus on educational and enterprise markets, creating opportunities to tailor solutions for sectors requiring robust management and remote learning capabilities.
Financial Scope With revenues ranging between $25 million and $50 million and a mid-sized employee base, Faronics is positioned for strategic growth, making it a promising target for scalable SaaS or managed service offerings to accelerate their expansion.