BlackBerry handset manufacturer,
Research In Motion Limited
), also known less formally as, simply, BlackBerry, has announced
the launch of a new security solution known as Secure Work Space.
This solution is available for devices running on
) iOS and
) Android operating system (OS).
Secure Work Space is based on BlackBerry Enterprise Service 10
that segregates personal and professional data and applications
on Apple and Android devices. It also allows enterprise customers
to maintain their BYOD (Bring Your Own Device) policy by
safeguarding professional data at a minimal cost.
Secure Work Space provides the same device server and network
level security available in BlackBerry smartphones and extends
its capability for data-at-rest and data-in-transit to iOS and
Android devices. The new security solution will allow iOS and
Android users to get contact details, access integrated emails
along with attachment viewing.
The BlackBerry Enterprise Service 10 server can be downloaded
free of cost but the annual client access license for Secure Work
Space will be available at $99 per year per device.
According to Forrester Research Inc., 200 million employees
will bring their own devices to office by 2016. As more number of
employees brings their devices in office the need to secure their
devices will grow. This, in turn, will boost the demand for
security solution. Additionally, Secure Work Space eliminates the
effort and expenses of enterprise customers to configure its own
VPN (Virtual Private Infrastructure) infrastructure.
BlackBerry reported a disappointing financial result for the
first quarter of fiscal 2014, where both the top line and the
bottom line significantly fell below the Zacks Consensus
Estimate. BlackBerry sold only 6.8 million smartphones as neither
BB10 nor BB7 has performed well.
We believe offering Secure Work Space to iOS and Android
devices will not only extend the reach of BlackBerry's security
service but will also act as a steady source of income.
Furthermore, the expansion of BlackBerry's new security solution
will allow BlackBerry to compensate its declining handset
Research In Motion currently carries a Zacks Rank #3 (Hold).
Among the other companies in the industry,
Ubiquiti Networks Inc.
) with a Zacks Rank #1 (Strong Buy) is worth considering.
APPLE INC (AAPL): Free Stock Analysis Report
RESEARCH IN MOT (BBRY): Free Stock Analysis
GOOGLE INC-CL A (GOOG): Free Stock Analysis
UBIQUITI NETWRK (UBNT): Free Stock Analysis
To read this article on Zacks.com click here.