12 Updates

Compliance Standards LLC Awards Data Security Firm Blancco Five-Star Excellence Rating for Vision, Execution, and Sustainability

Apr 15 2014, 7:08am CDT | by

Miami, FL, April 15, 2014 --(PR.com )-- Compliance Standards LLC announces that data erasure expert Blancco was awarded a five-star rating for its corporate vision, execution and sustainability...

Filed under: news

YouTube Videos Tweets

 
 
 

14 weeks ago

Compliance Standards LLC Awards Data Security Firm Blancco Five-Star Excellence Rating for Vision, Execution, and Sustainability

Apr 15 2014, 7:08am CDT | by

Miami, FL, April 15, 2014 --(PR.com )-- Compliance Standards LLC announces that data erasure expert Blancco was awarded a five-star rating for its corporate vision, execution and sustainability strategy.

To be awarded a 5-star rating, Blancco, a unit of Regenersis achieved a healthy 91% score, showing that the company’s current business model is sound, and its vision and future development are likely to guarantee sustainable business. Its offerings and business model are relevant within the context of a highly sensitive data security environment. This makes the company’s products and solutions relevant to the market.

“Blancco tends to be the default data erasure firm used by leading ITAD operators and electronics recyclers polled by Compliance Standards for the purpose of its research. Blancco’s products and services are also well introduced within many large organizations on the end-user side, servicing sectors like law enforcement, the financial industry, healthcare, and other verticals,” says David Daoud, Managing Director of Compliance Standards LLC. Adding that “the company has good growth prospects in the horizontal space and we expect the bulk of its future go-to-market investments to focus on building a direct sales approach to enterprise IT, expanding above and beyond the rapidly consolidating IT Asset Disposition services sector. Furthermore, its parent company Regenergis is likely to play a significant role in helping Blancco penetrate the OEM market and by extension the transactional consumer space in the long run.”

Going forward, Compliance Standards expects at least four critical factors to drive growth momentum for Blancco:

o The secondary market for client devices will remain relatively healthy, despite a cooling off of demand in the brand new IT equipment market. Although traditional distributed IT equipment such as desktops and notebooks are witnessing a decline in sales and acceptance, there is a strong momentum for new categories of devices such as smartphones, tablets, new generation of home appliances and other data-storing devices, as well as a rapid expansion of data-center infrastructure around the world. These expanding shipments of devices, appliances and IT infrastructures will mean greater need for storage and therefore greater need for data erasure technology.

o As a new subsidiary of Regenersis, Blancco is expected to take full advantage of its position to penetrate new OEM accounts and eventually the transactional market with the support of its parent company.

o Expanding data and privacy laws around the world will also propel Blancco to the forefront of the end-user space. Emerging markets will also become more sensitive to data security, providing new opportunities for Blancco.

o On the management side, Compliance Standards LLC sees a consistent solid and forward looking management style within Blancco, capable of putting together a compelling global organizational structure, channeling the right resources to fuel growth, and competent in challenging its own initial visions. The first noticeable management act the company made in 1998 was precisely to cannibalize on its own business model, shifting from being an R&D house to a data security firm, hence taking advantage of a new niche to fill. This ability to challenge itself is critical in ensuring the company is prepared to take the right steps going forward.

Compliance Standards LLC also notes that Blancco should also expect to meet growing challenges from competition and from the complexity of devices that are expected to hit the market in the future.

Another challenge for Blancco is regional competition that tends to price lower. This may not always be a negative factor as the company is focused on high-end customers and would argue that its R&D and customer service investments encourage data-sensitive customers to pay a premium.

Of a lesser problem, but worth focusing on is the customer feedback that focuses on two issues: there is a perception of higher cost vs. competition, and, feedback on centralized tech support being based in Finland brings additional reasons for Blancco to focus on customer perception. For the latter, the company has recently taken steps to decentralize tech support at the country level, but some potential customers remain unaware of the change.

These factors, balanced with the challenges the company faces, led Compliance Standards LLC to issue a 5-Star rating on a 91% score.

About Compliance Standards:

Compliance Standards LLC is a premium advisory and research service that provides consulting and market intelligence to the ITAD and technology recycling sector and to the large corporations that use these services. The company covers the critical functions of consumer and enterprise recycling and sustainability, including, but not limited to IT hardware, data center recycling, consumer electronics, home appliances and more. Coverage focuses not only on compliance issues, such as those related to data security, but also on discovering best practices, efficiency techniques, cost control practices and brand protection strategies in sustainability and technology end of life management.

Contact Information:
Compliance Standards LLC
David Daoud
305-901-6389
Contact via Email
www.compliance-standards.com

Read the full story here: http://www.pr.com/press-release/553040

Press Release Distributed by PR.com

 
Update
12

Tweets

 
 
Update
11

26 minutes ago

Cairn India declines 5% post Q1 results

Jul 23 2014 10:57pm CDT | Source: Business Standard

Business Groups Discuss Immigration Reform
EBITDA or operating profit margin declined to 70% from 75% ...
Source: Business Standard   Full article at: Business Standard
 

 
Update
10

40 minutes ago

Singapore Real Estate Billionaire's Tip For China Success: Innovate Or Die

Jul 23 2014 10:43pm CDT | Source: Forbes Real Time

China's Zhong Man (L) fences against Hun
When in 1997 Singapore entrepreneur Zhong Sheng Jian’s Yanlord Land launched what today is one of his most successful Shanghai residential projects, Yanlord Riverside Gardens, there were hardly any buyers.  “I thought, ‘How could no one want this property?’” Zhong recalled in a recent interview with Forb ...
Source: Forbes Real Time   Full article at: Forbes Real Time
 

 
Update
9

2 hours ago

South Korea’s growth hits lowest level in 3 quarters on weak consumer spending

Jul 23 2014 8:31pm CDT | Source: Canadian Business Online

Business Groups Discuss Immigration Reform
SEOUL, South Korea – South Korea’s economic growth has hit its lowest level in three quarters. The Bank of Korea said Thursday that growth in Asia’s fourth-largest economy slowed to 3.6 per cent during the April-June period over a year earlier, after expanding 3.9 per cent during the first quarter. From the previous quarter, it expanded 0.6 per cent, the slowest pace in more than a year. The central bank said even though exports continued solid growth, co ...
Source: Canadian Business Online   Full article at: Canadian Business Online
 

 
Update
8

3 hours ago

Korea Gets $40 Billion Stimulus Package

Jul 23 2014 8:04pm CDT | Source: WSJ.com: Asia Home

Business Groups Discuss Immigration Reform
South Korea announced a $40 billion stimulus package to bolster its economy, which remains weighed on by sluggish consumer spendi ...
Source: WSJ.com: Asia Home   Full article at: WSJ.com: Asia Home
 

 
Update
6

3 hours ago

First Commonwealth Financial's (FCF) CEO Mike Price on Q2 2014 Results - Earnings Call Transcript

Jul 23 2014 7:37pm CDT | Source: SeekingAlpha

First Commonwealth Financial Corporation (NYSE:FCF) Q2 2014 Earnings Conference Call July 23, 2014 14:00 ET Executives Rich Stimel - Vice President, Corporate Communications Mike Price - President and Chief Executive Officer Jim Reske - Executive Vice President and Chief Financial Officer Bob Emmerich - Chief Credit Officer Mark Lopushansky - Chief Treasury Officer Analysts Bob Ramsa ...
Source: SeekingAlpha   Full article at: SeekingAlpha
 

 
Update
5

4 hours ago

Samsung Wants to Control Your Home

Jul 23 2014 7:00pm CDT | Source: Fool.com

Business Groups Discuss Immigration Reform
Samsung is reportedly buying the home-automation company SmartThings for a ...
Source: Fool.com   Full article at: Fool.com
 

 
Update
4

4 hours ago

Standard Chartered dismisses media rumours on succession plans

Jul 23 2014 6:58pm CDT | Source: Reuters India

Standard Chartered Marathon Official Launch
REUTERS - Standard Chartered Plc dismissed media rumours that its chairman was working on a succession plan amid sharehol ...
Source: Reuters India   Full article at: Reuters India
 

 
Update
3

4 hours ago

Standard Chartered dismisses media rumours on succession plans

Jul 23 2014 6:58pm CDT | Source: Business Standard

Standard Chartered PLC Held Press Conference In Hong Kong
Standard Chartered Plc dismissed media rumours that its chairman was working on a succession plan amid shareholder pre ...
Source: Business Standard   Full article at: Business Standard
 

 
Update
2

7 hours ago

Soilbuild's Lim Chap Huat Dodges Property Downturn

Jul 23 2014 4:00pm CDT | Source: Forbes Real Time

Business Groups Discuss Immigration Reform
Property tycoon debuts on list in a difficult year for Singapore real es ...
Source: Forbes Real Time   Full article at: Forbes Real Time
 

 
Update
1

7 hours ago

ExxonMobil Shareholders Should Say “Nyet”

Jul 23 2014 3:41pm CDT | Source: Fool.com

Business Groups Discuss Immigration Reform
This behemoth oil company needs to boost oil reserves, but sticking to plans in Russia may not be the strategy shareholders will continue to tolerate mu ...
Source: Fool.com   Full article at: Fool.com
 

 

Don't miss ...

 

<a href="/latest_stories/all/all/29" rel="author">PR.com</a>
PR.com press-releases.

 

blog comments powered by Disqus

Latest stories

47 killed in Taiwan as plane makes botched landing (Roundup)
Taipei, July 23 (IANS) Forty-seven people on board a Taiwanese TransAsia Airways plane were killed in a failed emergency landing in the island county of Penghu Wednesday, Taiwan's transportation authority has confirmed.
 
 
47 killed in Taiwan plane's botched landing
Taipei, July 23 (IANS) Forty-seven people on board a Taiwanese TransAsia Airways plane were killed in a failed emergency landing in the island county of Penghu Wednesday, Taiwan's transportation authority has confirmed.
 
 
51 killed in Taiwan plane emergency landing
Beijing, July 23 (IANS) At least 51 people were killed and seven others injured when a passenger plane with Taiwan's TransAsia Airways made an emergency landing on the outlying island county of Penghu Wednesday, media reported.
 
 
High salt ups heart disease risk in diabetics
Tokyo, July 23 (IANS) People with Type-2 diabetes have more to add to their list of dietary restrictions as researchers have found that a high salt diet may double their risk of developing cardiovascular disease.
 
 
 

Latest from the Network

Bravo defends sending Pooran in Super over
Port-of-Spain (Trinidad and Tobago), July 24 (IANS/CMC) Red Steel skipper Dwayne Bravo has defended his decision to allow 18-year-old Nicholas Pooran to take on Sunil Narine in a Super Over against the Guyana Amazon...
Read more on Sport Balla
 
Bolt blasts officials for reducing Gay's doping ban
Glasgow (Scotland), July 24 (IANS/CMC) Sprint super star Usain Bolt has criticised anti-doping officials for reducing Tyson Gay's doping ban after he tested positive for an anabolic steroid last year. Gay and Bolt's...
Read more on Sport Balla
 
Superb Smith's century takes Tridents to victory
Bridgetown (Barbados), July 24 (IANS/CMC) A century by Dwayne Smith fired Barbados Tridents to their second win of the Caribbean Premier League (CPL), with a convincing 29-run triumph over St Lucia Zouks in their first...
Read more on Sport Balla
 
Tim Cook Just Made The Case For A Low-Priced iPhone
During Apple’s earnings call yesterday, CEO Tim Cook was asked a seemingly harmless question about the impact of trade-in programs on iPhone sales. Cook’s wide-ranging response was that he felt trade-ins were good for...
Read more on Auto Balla
 
A Tech Company With An Auto Focus
When three guys from an accounting firm in Pune came up with the idea of offering IT services back in the late 1980s, they were entering uncharted territory. Personal computers were still getting popularized, and Indian...
Read more on Auto Balla
 
Natalie Imbruglia wants to join dating app Tinder
Los Angeles, July 24 (IANS) Actress-turned-singer Natalie Imbruglia, who is single, reportedly wants to sign up to the cult dating app Tinder. The 39-year-old has admitted that her lack of success in her love life...
Read more on Celebrity Balla
 
Nigeria's abducted girls not forgotten: UN chief
United Nations, July 24 (IANS) UN Secretary General Ban Ki- moon Wednesday voiced his full support for the worldwide vigils to mark 100 days since the abduction of schoolgirls in Nigeria by Boko Haram terrorists,...
Read more on Politics Balla
 
Colombian military kills 13 rebels
Bogota, July 24 (IANS) Colombia's ministry of defence said Wednesday the armed forces killed 13 Leftist rebels and captured eight in two separate operations. The first operation took place between the towns of Tame...
Read more on Politics Balla
 
Kerry wraps up Israel visit, no sign of breakthrough
Jerusalem, July 24 (IANS) US Secretary of State John Kerry left Israel late Wednesday after a day-long visit during which he tried to broker a ceasefire agreement to end the ongoing fighting between Israel and Hamas....
Read more on Politics Balla