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Andrea Alms Video:  Money In Motion 26 - The Data Security Market

October 2022 - Venture Capital

posted by BrookDell Partners

TRANSCRIPT:


Hello. My name is Andrea Alms. I am a technology investor and financial manager and this is your money in motion. I was asked about data security. The average cost of data breach is 4.4 million. This is a growth of 2.6 compared to 2021 of the top countries. The U.S. average cost of data breach is 9.4 million. What is data security? It is the practice of safeguarding digital information. The data security market is set to grow by 2.5 billion during 2021 to 2025, and an estimated compound average growth rate of 14%. Another report cites 17 billion is set to grow to 35 billion from 2020 226 at an estimated compound average growth rate of 12%. Based on the cardinal analysis here, Orange S.A., which is formerly France Telecom, Broadcom and IBM, are the major players. Yet there are still key innovators. Companies such as Informatics Force Point, NetApp. Multibillion dollar market with double digit growth. Let us keep an eye on the digital security market. Thank you. This is your money. Your money in motion.


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ALL ALPHAMAVEN CONTENT IS FOR INFORMATIONAL PURPOSES ONLY. CONTENT POSTED BY MEMBERS DOES NOT NECESSARILY REFLECT THE OPINION OR BELIEFS OF ALPHAMAVEN AND HAS NOT ALWAYS BEEN INDEPENDENTLY VERIFIED BY ALPHAMAVEN. PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS. THIS IS NOT A SOLICITATION FOR INVESTMENT. THE MATERIAL PROVIDED HEREIN IS FOR INFORMATIONAL PURPOSES ONLY. IT DOES NOT CONSTITUTE AN OFFER TO SELL OR A SOLICITATION OF AN OFFER TO BUY ANY INTERESTS OF ANY FUND OR ANY OTHER SECURITIES. ANY SUCH OFFERINGS CAN BE MADE ONLY IN ACCORDANCE WITH THE TERMS AND CONDITIONS SET FORTH IN THE INVESTMENT'S PRIVATE PLACEMENT MEMORANDUM. PRIOR TO INVESTING, INVESTORS ARE STRONGLY URGED TO REVIEW CAREFULLY THE PRIVATE PLACEMENT MEMORANDUM (INCLUDING THE RISK FACTORS DESCRIBED THEREIN), THE LIMITED PARTNERSHIP AGREEMENT AND THE SUBSCRIPTION DOCUMENTS, TO ASK SUCH QUESTIONS OF THE INVESTMENT MANAGER AS THEY DEEM APPROPRIATE, AND TO DISCUSS ANY PROSPECTIVE INVESTMENT IN THE FUND WITH THEIR LEGAL AND TAX ADVISERS IN ORDER TO MAKE AN INDEPENDENT DETERMINATION OF THE SUITABILITY AND CONSEQUENCES OF AN INVESTMENT.