Ssh Communications Security Oyj · OMXHEX:SSH1V
Ssh Communications Security Oyj — Q2 2015 Earnings Presentation
23 slides from Ssh Communications Security Oyj's earnings presentation, Jul 23, 2015
Slide 1: Interim Report Q2 2015
Interim Report Q2 2015 SSH COMMUNICATIONS SECURITY 23.7.2015 Copyright 2015 SSH Communications Security
Slide 2: Disclaimer
DISCLAIMER The content in this report is provided by SSH Communications Security Corporation ("SSH") for your personal information only. And does not constitute an offer or invitation to purchase any securities. Nor does it provide any form of advice (investment. tax. legal) amounting to investment
Slide 3: Contents
Contents 1. The business SSH is in 2. Highlights from Q2/ Financial performance 3. Going forward Copyright 2015 SSH Communications Security
Slide 4: The business SSH is in
The business SSH is in i. Cybersecurity applications for encrypted networks • for large IT-environments (private and public) • directly to large organizations or to companies serving customers with large IT-environments (on-premise and cloud) We serve financial institutions, retail, healthcare, tran
Slide 5: Geographic footprint
Geographic footprint Helsinki, Finland (HQ) United Kingdom Germany Boston, USA Tokyo, Japan Hong Kong 90% of sales outside Finland SSH Office SSH Competence Center Copyright 2015 SSH Communications Security
Slide 6: What is Secure Shell?
What is Secure Shell? • Technology invented by SSH Communications Security in ‘95 • Enables corporations to manage access to their information securely TCP/IP • Is an IETF standard. Both open source and commercial solutions • Is widely used by system administrators in automated machine-to-machine pr
Slide 7: Simplified overview of our offering
Simplified overview of our offering Simplified deployment architecture Key products Workstation networks Host and cloud Servers and network environments Internal & External users devices 1 Tectia™ SSH 3 • Client/Server platform Management network enabling SSH encrypted connections 1 Secure Shell Oth
Slide 8: The holistic SSH platform
The holistic SSH platform Access WWW Interface API Encryption – SSH, SFTP, RDP, HTTPS Policy Universal Product Crypto Tectia™ SSH SSH Key Partner modules Auditor™ Manager™ Offering Integration Identity Consultancy points Cloud Enablers Services Copyright 2015 SSH Communications Security
Slide 9: Encrypted data in transit / access management
Encrypted data in transit / access management Interactive Access (End User interaction) 20% Protocols Used: TLS/SSL, SSH of Identities Market Players: Oracle, Centrify, Likewise, EMC, IBM,... Automated Access (Machine to Machine) Protocols Used: SSH, SFTP, RSYNC 80% Different segments: of Identities
Slide 10: Insiders still greatest security risk in evermore connected world
Insiders still greatest security risk in evermore connected world Increase in number of …drives growth in security incidents connected devices… Top 3 sources of security incidents, 20141 Current 35% 42,8 50,0 employees Former 30% employees Hackers 24% 28,9 24,9 22,7 25,0 12,5 9,4 3,4 0,5 2003 2010 2
Slide 11: Patent licensing
Patent licensing • Interim Q2 results/July 23, 2015: CEO’s review: “Our heightened emphasis on solidifying our immaterial rights portfolio management has led to several ongoing negotiations with key global players and we will continue to pursue this path during the rest of the year.” Copyright 2015
Slide 12: Our Assets
Our Assets Secure Shell HealthCheck: Analysis service to investigate compliance and recognize risks in your network Tectia SSH: Unified client/server platform simplifies your Secure Shell environment CryptoAuditor: Network based encrypted content monitoring Universal SSH Key Manager: Discover, media
Slide 13: Contents
Contents 1. The business SSH is in 2. Highlights from Q2/ Financial performance 3. Going forward Copyright 2015 SSH Communications Security
Slide 14: Q2: Topline +24% YoY
Q2: Topline +24% YoY Key financials Comments Q214 Q314 Q414 Q115 Q215 Q2 sales grew by 24%, H1 by 75% Sales M€ 3,4 3,2 6,7 6,8 4,2 • Suboptimal sales mix OPEX M€ 3,3 3,1 3,1 3,8 4,1 • Many CryptoAuditor deals EBIT M€ -0,6 -0,5 2,3 -0,4 -1,8 % EBIT % -17,3 -16,3 32,7 -5,4 -41,6 Poor profitability Per
Slide 15: Balance sheet allows investing in growth
Balance sheet allows investing in growth 2012 2013 2014 Q2´15 B/S M€ 12,5 13,5 17,5 24,2 • Good cash position Cash and cash M€ 6,6 6,0 6,1 11,6 remaining equivalents Cash flow from • Cash flow from M€ 1,3 0,4 1,8 -0,2 operations operations slightly ROE % 31 2 4 -18 negative, Equity ratio % 70 77 63
Slide 16: Contents
Contents 1. The business SSH is in 2. Highlights from Q2/ Financial performance 3. Going forward Copyright 2015 SSH Communications Security
Slide 17: Values
VALUES We value our roots by encouraging innovation and INTELLIGENT discovery. We apply science to the benefit of our customers. We are inquisitive, receptive and adaptive to the needs and OPEN demands that exist and arise. We do not fulfill requirements, we provide solutions. CONFIDENT We have fait
Slide 18: Vision
VISION “ SSH Communications Security drives the evolution of trustworthy privileged access” Copyright 2015 SSH Communications Security
Slide 19: Our Go to Market
Our Go to Market SSH Account Operations Service Arm & Consulting Large Cloud Enterprises Marketplaces MSP’s SSH Channel Technology & Operations OEM Partners SME VAR’s Copyright 2015 SSH Communications Security
Slide 20: Strategy: Key actions
Strategy: Key actions Working with Working with channel partners (OEM, MSPs, Cloud Developing authorities, auditors, marketplace) customer centric analyst and press to to scale sales solutions to build understanding of ensure confidence compliance in critical requirements and information flow create
Slide 21: Our strategy
Our strategy Least intrusive Strong Customer Focus Integrate Work for with holistic partners solutions Copyright 2015 SSH Communications Security
Slide 22: Going forward
Going forward • Sharpened focus on customer centric cybersecurity applications for encrypted networks to drive the evolution of trustworthy privileged access. • Balance market presence globally. • SSH utilizes actively its patent portfolio. • SSH pursues opportunities in governmental segment as a ne
Slide 23: Thank You!
Thank You! Copyright 2015 SSH Communications Security
SSH Communications Security — Q2 2015 Earnings Presentation on 6ix