Orange Business Services, a subsidiary of
), has strengthened its position in the enterprise security
service market by expanding its reach. This indicates the
increased demand of cyber security consulting and support
services from various organisations.
At present, Orange Business Services is being supported by 350
efficient security consultants and is available in more than 220
countries and territories, having more than 100,000 customers all
over the world. Strengthening its SAAS (Security as a Service)
services is part of its Conquests 2015 strategic plan, which aims
to improve operational efficiency by sharing different practices
and business models to enhance group development.
Globally, enterprises are facing increased number of hidden
security threats and need to remain updated about the potential
risks that they could face. Orange Business Services provides
companies with cloud-based IT security solutions to analyse and
manage their office security and take appropriate action, when
Recently, the company teamed up with SafeNet to provide its
Secure Authentication solution over the cloud. SafeNet's
Authentication Service provides its enterprise customers with an
additional layer of security, while accessing vital corporate
information. This cloud-based solution will help enterprises to
eliminate the cost and complexities of owning and managing their
own equipment and employees.
Additionally, 60% of business executives using smartphones for
professional purpose use them to view personal content also. At
the same time, a major challenge for enterprises is to identify a
device and match it with its user. Orange's Flexible Identity
aids enterprises to meet this challenge as the cloud-based
solution provides access to the business resources from any
Orange Business service is expected to deliver more than 10%
growth per year through 2016. We believe that strengthening the
security service business will allow France Telecom to offset its
declining wireless business and capitalize on the growing
opportunity in the cloud-based security market.
France Telecom currently carries a Zacks Rank #3 (Hold).
Other Stocks to Consider
Other stocks to consider within the same industry are
Rogers Communications Inc.
Liberty Global Inc.
). All these stocks currently carry a Zacks Rank #2 (Buy).
FRANCE TELE-ADR (FTE): Free Stock Analysis
LIBERTY GLBL-A (LBTYA): Free Stock Analysis
OI SA (OIBR): Free Stock Analysis Report
ROGERS COMM CLB (RCI): Free Stock Analysis
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