Symantec 2004 Annual Report Download - page 12

Download and view the complete annual report

Please find page 12 of the 2004 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 80

  • 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
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80

«10»SYMANTEC CORPORATION
2004 Annual Report
NMARKET TRENDS AND GROWTH OPPORTUNITIES
Integrated Security Solutions. Symantec is positioned to address the full range of information
security needs faced by home and small business users as well as enterprise customers. Computer
Reseller News recognized Symantec as the pioneer of the integrated security approach with
the introduction of our first integrated gateway security appliance more than two years ago.
The Symantec™Gateway Security 300 Series brings integrated security protection to small
business customers. The Symantec™Client Security solution provides customers with more
comprehensive threat protection through integrated security technologies for remote, mobile,
and networked client systems. These products offer a tremendous benefit to our partners as
they build an expanded set of services to serve our mutual customer needs more fully.
Additionally, our award-winning Norton Internet Security™suite provides home and small
business users with essential online security protection from privacy threats, hackers, and viruses.
Services. We will continue to invest in our three services families—managed security
services, consulting, and education and training—to provide industry best practices, proactive
monitoring, as well as management and knowledge transfer. We believe services are important
complementary capabilities to our software offerings and help strengthen our long-term
customer relationships. Gartner, a leading market research firm, placed Symantec™Managed
Security Services in the “leaders quadrant” in their most recent Magic Quadrant report. We
believe this recognition underscores our market strength and continued leadership in helping
companies manage their security environments.
“SYMANTEC IS LEADING THE SECURITY INDUSTRY’S TRANSFORMATION
WHILE GROWING CUSTOMER AND PARTNER RELATIONSHIPS THROUGH AN
EXPANDING SET OF PRODUCTS AND SERVICES. THREE CORE CAPABILITIES SET
SYMANTEC APART FROM THE COMPETITION—INTEGRATED SECURITY SOLUTIONS,
SERVICES, AND MANAGEMENT SOLUTIONS.”
As a result of strong cash flow from operating activities and cash proceeds from employees
exercising stock options, our cash position grew significantly to $2.4 billion. Our robust cash
position provides the flexibility to invest in our future with key acquisitions to strengthen
our product portfolio. Additionally, we continue to return value to our shareholders through
our stock repurchase program. By investing nearly 13% of our revenue in research and
development, we are able to stay at the forefront of the markets we serve by delivering
innovative technologies and services for our customers around the world.