Hitachi ID Systems closes 2013 to Significant Revenue Increase

CALGARY, April 8, 2014 /PRNewswire/ - Hitachi ID is proud to report that sales of their Identity and Access Management Suite in the year ending March 31, 2014 have grown by more than 20% YOY.

"We are very pleased with these results," says Gideon Shoham, CEO of Hitachi ID Systems.   "We've had significant growth particularly in the financial services and telecommunications vertical markets in both North America and EMEA.   In 2013 we closed large deals with multiple global multi-billion dollar companies including one of the world's largest luxury goods companies, one of the largest global media companies and a major European publishing house, among others."

Hitachi ID's solutions were noted by the top IT research firms as leading identity and access management products.   The suite always stands out in proof of concept (POC) tests against major competitors due to its superb scalability, functionality, and support for more than 110 platforms.

"Our Privileged Access Management (PAM) solution is the world's leading privileged access product when considering scalability, accessibility and total cost to deploy," continues Shoham.  "Over the past year we won most PAM deals against leading competitors in proof of concept-based comparisons."

In 2013, Hitachi ID was presented at dozens of industry conferences and trade shows.   Hitachi ID's healthy sales pipeline assures that it is poised to break its own records in 2014.   "Both our North American and European operations are expanding to support the fast growth in demand for our suite." finishes Shoham.

About Hitachi ID Systems
Hitachi ID Systems delivers access governance and identity administration solutions to organizations globally. Hitachi ID solutions are used by Fortune 500 companies to secure access to systems in the enterprise and in the cloud.

To learn more about Hitachi ID Systems, visit www.hitachi-id.com , e-mail [email protected], call 1.403.233.0740 or follow @Hitachi_ID on Twitter.

SOURCE Hitachi ID Systems, Inc.