Cable & Wireless, Baltimore in Secure Solutions Deal
Page 1 of 1
[London, ENGLAND] Global telecoms group Cable & Wireless and security software specialist Baltimore Technologies announced Monday a worldwide agreement to develop and sell secure e-business solutions.
Initially, the two companies will introduce a secure Virtual Private Network (sVPN) solution based on Baltimore's Public Key Infrastructure (PKI) technology, rolling it out to large corporations in the U.K., Europe and the United States in the first half of 2001.
Later, Cable & Wireless and Baltimore will launch an integrated suite of e-security solutions for Application Service Providers (ASPs), offering services such as secure Web access, comprehensive e-mail content security and secure hosting.
Rick Hudson, vice president of global business development at Cable & Wireless said it was an excellent opportunity for Cable & Wireless to make security an integral part of its products rather than just offering it as a bolt-on option.
Analyst group IDC recently reported that security infrastructure systems software has become one of the most urgent requirements for ASPs.
"Prospective customers must be convinced that their corporate applications, data, and transactions will be secure for them to even consider engaging an ASP solution," said Chris Christiansen, program director for IDC's Internet Infrastructure Systems Software program.
Another research group, Gartner, has estimated that the worldwide ASP demand will reach more than US $25.3 billion by 2004.
The deal with Cable & Wireless will be seen as something of a coup for Baltimore (currently ranked no. 121 by market capitalization in the LSE's Top 200). The extensive reach of the telco's marketing should add substantially to Baltimore's revenues when the secure ASP infrastructure becomes a reality.
Headquartered in Ireland, Baltimore Technologies now employs over 800 people worldwide and operates from 30 cities.