) has unveiled its latest software security application, HP
Fortify Static Code Analyzer (SCA) 4.0, to help businesses
identify software vulnerabilities at a faster rate. The
application will be available from Sep 2013.
The application, the latest offering from H-P's Fortify
portfolio, helps its clients to mitigate their business risks,
maintaining the specification required for compliance regulations
and protects them against malicious application attacks.
The SCA 4.0 can not only speed up the process of code analysis
but also improve the accuracy levels by approximately 20.0%. It
can detect vulnerabilities in web, client and server applications
as well as mobile applications, including those for
) iOS and
) Android operating systems.
H-P had acquired Fortify Software in 2010. The acquisition
integrated Fortify's expertise in static application security
analysis with H-P's application security analysis function,
ultimately enhancing the level of immunity to end users' security
and application services.
H-P has been making an effort to gain traction in the software
segment, which comprises cloud, security and big data solutions
and services. In the last reported quarter, Software was the only
segment that recorded year-over-year growth. Revenues from the
segment were primarily aided by improved sales execution and
solid license conversions.
Nonetheless, H-P is still reeling under pressure from the
declining PC business and sluggish macroeconomic environment. The
company has also hinted at muted revenue growth in 2014.
Moreover, competition from other technology bellwethers such as
International Business Machines
) and Salesforce makes it even more difficult for the company to
gain market share in the cloud and security space.
However, H-P's growing focus on new business segments, such as
electronic medical records, cloud computing and the
recently-added analytics will help the company grow in the
Currently, H-P has a Zacks Rank #3 (Hold).
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