LONDON, March 15, 2017 /PRNewswire/ --
As the leading provider of data erasure software for the enterprise market, Blancco is well positioned to exploit the growing requirement for secure data erasure. With major investment in sales and support complete and regulatory changes in its favour, Blancco is in a good position to drive adoption of its software via its direct sales and partner channels. The company's patented technology and numerous certifications create a strong barrier to entry.
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Blancco is a rare growth company that already generates high operating margins. Post the reaction to interim results, the stock trades in the middle of its UK-based peer group but below the median for its global cybersecurity software peer group, despite earnings growth forecasts at the top end of the range. Evidence that the wider market accepts the need for secure data erasure should provide support to our growth forecasts and position the company for a multi-year growth phase.
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