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    ABST   CA00386B1094

ABSOLUTE SOFTWARE CORPORATION

(ABST)
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Delayed Toronto Stock Exchange  -  04:00 2022-06-24 pm EDT
11.13 CAD   +3.53%
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Absolute Software : Announces General Availability of Absolute DataExplorer

08/30/2021 | 08:03am EDT

Enables IT and security teams to easily capture and search critical endpoint data aligned with specific business needs

Absolute Software™ (NASDAQ:ABST) (TSX:ABST), a leader in next generation Endpoint Resilience™ solutions, today announced the release of the Absolute DataExplorer™ tool, a unique and flexible endpoint data exploration tool, enabling organizations to align Absolute’s expansive, on-demand endpoint telemetry with their evolving business requirements. With the ability to capture critical data points from their endpoint environment, IT and security teams are better equipped to find inefficiencies and opportunities for cost savings related to device maintenance; help ensure compliance with internal policies and regulatory requirements; and strengthen overall data and device protections.

As organizations have embraced remote and hybrid work models, IT and security teams have been tasked with responding to constantly shifting IT support needs, while ensuring widely distributed employees – and their devices – continue to work effectively and securely. The Absolute DataExplorer tool enables administrators to answer key questions about their employees’ endpoints with the ability to expand data capture and reporting beyond what is typically available through standard device and security management tools, without requiring professional services or advanced coding skills.

“Due to the specific nature of many businesses, IT and security teams are often asked to monitor and explore data points that are not readily available with existing SaaS offerings that collect pre-configured data,” said Ameer Karim, EVP of Product Management at Absolute. “With the Absolute DataExplorer tool, we are bridging the gap that typically exists between standardized, static reporting and the constantly changing needs of our customers, enabling them to align the endpoint telemetry that we are uniquely able to provide with their requirements.”

Anchored by its firmware-embedded Persistence® capabilities residing in more than 500 million endpoints, Absolute provides an undeletable digital tether to every device - enabling customers to maintain enhanced visibility across their device fleets and reliably monitor critical hardware and software information. Leveraging the Absolute DataExplorer builder tool, Absolute Resilience™ customers can now create data points tailored to their organization and perform various monitoring tasks at scale. Some use cases include:

  • Understanding the physical characteristics of users’ devices that may hinder productivity, including battery health, memory/disk capacity
  • Checking for bespoke software applications or browser extensions being installed or executed by the user that may impede the user experience or heighten risk exposure
  • Monitoring key device characteristics integral to maintaining security posture, such as what DNS servers are being used and what Wi-Fi settings have been configured
  • Checking for the presence of a specific software/firmware vulnerability or confirming that OS patches have been successfully installed

All Absolute commercial customers also now have access to the Absolute DataExplorer library, where they can choose from a growing number of pre-populated data exploration points created using the builder tool, including some crowd-sourced from customers. The Absolute DataExplorer tool is initially available for Microsoft Windows® devices only.

To learn more about the Absolute DataExplorer tool, visit here. To learn more about how Absolute’s undeletable defense platform enables organizations with the power of self-healing endpoints, applications, and network connections, visit www.absolute.com.

About Absolute Software
Absolute Software is a leader in next generation Endpoint Resilience solutions, delivering a unique security platform that unites the power of self-healing devices, applications, and network connectivity. Absolute is the only endpoint security provider embedded in more than half a billion devices that offers a permanent digital connection to see, manage, secure, and automatically heal every device, and provides deep insights into the health of devices, applications, and network connections. We empower customers with the critical capabilities required in a zero-trust world — enabling them to achieve a secure employee experience, a more effective IT department and a more secure organization in the work from anywhere era. For the latest information, visit www.absolute.com and follow us on LinkedIn or Twitter.

©2021 Absolute Software Corporation. All rights reserved. ABSOLUTE, the ABSOLUTE logo, ABSOLUTE SOFTWARE, ENDOPOINT RESILIENCE, ABSOLUTE RESILIENCE, SELF-HEALING ENDPOINT, PERSISTENCE, and ABSOLUTE DATAEXPLORER are trademarks of Absolute Software Corporation. Other names or logos mentioned herein may be the trademarks of Absolute or their respective owners. The absence of the symbols ™ and ® in proximity to each trademark, or at all, herein is not a disclaimer of ownership of the related trademark.


© Business Wire 2021
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Financials (USD)
Sales 2022 207 M - -
Net income 2022 -23,0 M - -
Net Debt 2022 189 M - -
P/E ratio 2022 -19,4x
Yield 2022 -
Capitalization 439 M 439 M -
EV / Sales 2022 3,03x
EV / Sales 2023 2,55x
Nbr of Employees 530
Free-Float 99,3%
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Mean consensus OUTPERFORM
Number of Analysts 5
Last Close Price 8,62 $
Average target price 9,27 $
Spread / Average Target 7,63%
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Managers and Directors
Christy Wyatt President, Chief Executive Officer & Director
Ronald J. Fior Chief Financial Officer
Daniel P. Ryan Chairman
Nicko van Someren Chief Technology Officer
William Morris Executive Vice President-Engineering
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