Symantec 2000 Annual Report Download - page 4

Download and view the complete annual report

Please find page 4 of the 2000 Symantec annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 59

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59

04 }0
Talent. Building and delivering products and services that allow customers to feel secure in their
use of the Internet requires a knowledgeable and experienced team of experts. In today’s very com-
petitive market for talent, attracting and retaining highly skilled employees is critical. Our track
record is outstanding.
The acquisition of URLabs and L-3 Network Security resulted in more than just expanding our port-
folio of offerings, it gave Symantec a dramatic infusion of highly skilled security professionals. We
are pleased that virtually all of these important contributors have stayed with Symantec. In addition,
we launched a professional services team dedicated to helping enterprise customers build secure
networks in today’s increasingly complex Internet environment. To extend that expertise to cus-
tomers worldwide, we are attracting a global network of security partners certified in security
implementation, training and support.
In the past year, over 70% of the management team is new to our company or to their position, bring-
ing with them a wealth of security, development, marketing, sales and service experience. We are
pleased all of these highly skilled professionals share our excitement about the unique strengths
of our company, and we are determined to continue to offer creative, flexible and competitive com-
pensation and benefit packages to attract and keep world-class talent.
Execution. A focused business strategy and highly talented people are only the beginning. In the
end, success comes from making things happen. Our core consumer business maintained a solid
growth rate of 15% for the fiscal year. We attribute this to the continual improvement of our prod-
uct offerings and innovative solutions to customer problems. By introducing Norton Internet
Security, we created an entirely new category of software for personal Internet security. This suite
combines a personal firewall, content filtering and virus protection and has ranked in the top 10
for best-selling business software for several months.
We paid the same attention to building industry-wide relationships. Because of our significantly
expanded partnerships with major PC suppliers, Symantec technology now reaches an even greater
number of individuals. We currently work with all major PC suppliers, displacing competitive security
providers on certain desktop and portable PC product lines at Dell®
, Micron®
, Gateway®and Toshiba®
.
Symantec continues to gain headway in the enterprise security market, which accounted for 45%
of total revenues in fiscal 2000 and grew 42% from the previous year. Our long and impressive list
of worldwide enterprise customers has surged and now includes Bank of America®
, SmithKline
Beecham®
, Deutsche Bank®
, Georgia-Pacific®and Sprint PCS®
, to name only a few.
John W. Thompson