Protecode Announces 2014 Corporate Update

Increase in Proactive Open Source Software Adoption Practices Drives Record Growth

OTTAWA, CANADA – November 6, 2014 – Protecode, an innovative provider of open source vulnerability management solutions, today announced its 300th installation worldwide since it began selling open source software adoption solutions in 2010. Protecode has enjoyed steady growth with 90 new installations in the first half 2014 alone. Its diverse, international client base includes notable clients such as Deutsche Post, Germany Airbus Defence and Space, Indra, Otto Group, Schneider Electric, and Tata Consultancy Services, among many others.

Protecode solutions detect and report on licensing, security, encryption, and quality issues associated with the use of open source and third party code. In addition to one-time audits usually undertaken before a software transaction – such as an M&A – Protecode has seen an increase in organizations interested in implementing an end-to-end open source adoption workflow.

Customers cite speed, accuracy, and ease of use as deciding factors when choosing to implement Protecode solutions, as minimal platform and infrastructure requirements reduce total cost of ownership and eliminate the need for additional hardware investment. Protecode’s solutions can easily scale to meet the demands of small startups to large, distributed multi-national organizations. Protecode also boasts a robust and continuously updated Global IP Signatures (GIPS) database that contains signatures of over 2.4 million open source packages with more than 120 billion lines of code and over a terabyte of binary files.

“As open source adoption increases, enterprises are more cognizant of the benefits and challenges associated with including open source code in their products. Protecode’s unique solutions enable our clients to proactively manage third party components, and make open source management part of their existing development processes,” said Mahshad Koohgoli, CEO, Protecode.

Protecode supplies a complete suite of open source software adoption solutions, including the only real-time open source management solution, Protecode Developer Assistant. Recent product enhancements include improved workflow capabilities, and up-to-date reporting on security vulnerabilities and encryption content. To learn more, visit www.protecode.com.

PR Contact:
Angela Tuzzo
MRB Public Relations
732-758-1100, ext. 108
atuzzo@mrb-pr.com

About Protecode
Protecode provides products and services for managing open source software vulnerabilities. Protecode solutions enable accurate and fast code scanning in real-time and on-demand, delivering policy-based reports on obligations and security vulnerabilities in code portfolios. Built for ease-of-use, integration, and minimal intrusion into existing development processes, Protecode products have been deployed in hundreds of organizations worldwide, from just a few developers to multinational organizations with more than 100,000 employees. Protecode is headquartered in Ottawa, Canada, with reseller partners worldwide.

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