Importance of Helix
Cybersecurity firm FireEye (FEYE) continues to gain market traction through its innovative security products. The company’s popular user interface, Helix, continues to gain momentum buoyed by the growing demand across different companies. The company considers it to be one of its growth drivers in the long run.
Recently, many enterprises have been using different types of security products and have a huge number of interfaces. Thus, FireEye’s Helix offers a single user interface that integrates the company’s network, email, and endpoint security platform with its advanced threat intelligence, threat analytics, and orchestration features. It saves both time and cost by offering better management and improved business efficiency.
Supporting revenue growth
The implementation of Helix in any organization generates incremental revenue for FireEye. It offers multi-layer threat protection along with third-party security products. Clients can include extra security layers on top of the Helix user interface. Subscribing to threat analytics for an additional security layer can be an ideal choice for customers buying third-party security products.
The graph above shows revenue growth in the last five quarters. During the period, the top line of the company increased at a CAGR (compound annual growth rate) of 1.9%. FireEye estimated revenue for full fiscal 2018 to be in the band of $820 million to $830 million, 5.8% higher than in fiscal 2017.
Enterprises benefit from the Helix user interface, as it not only helps to discover threats but also their origin. The interface provides contextual information about hackers including identity, tools, and techniques used to break the company’s security layers.