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BlackBerry Ltd T.BB

Alternate Symbol(s):  BB

BlackBerry Limited is a Canada-based company, which provides intelligent security software and services to enterprises and governments worldwide. The Company leverages artificial intelligence (AI) and machine learning to deliver solutions in the areas of cybersecurity, safety, and data privacy and specializes in the areas of endpoint management, endpoint security, encryption, and embedded systems. It operates in three segments: Cybersecurity, IoT, and Licensing and Other. Cybersecurity consists of BlackBerry UEM and Cylance cybersecurity solutions (collectively, BlackBerry Spark), BlackBerry AtHo, and BlackBerry SecuSUITE. The Company’s endpoint management platform includes BlackBerry UEM, BlackBerry Dynamics, and BlackBerry Workspaces solutions. The IoT consists of BlackBerry QNX, BlackBerry Certicom, BlackBerry Radar, BlackBerry IVY and other Internet of things (IoT) applications. Licensing and Other consists of the Company’s intellectual property arrangements and settlement award.


TSX:BB - Post by User

Comment by Digby8on Dec 22, 2021 2:30pm
143 Views
Post# 34255552

RE:Report card: A for Iot. B- for CS. INC for IP.

RE:Report card: A for Iot. B- for CS. INC for IP. Thanks Yasch. Great input. Hopefully the Cyber Security side is showing improvement too, as per Chen's statement below.

BB Ceo John Chen:

On the cyber side, it relies on a number of deals that are quite big from the government side from a revenue perspective because of the fact that we expect these to close a little later in the quarter. So, the revenue contribution will not be as big as it is, obviously, in the beginning of the quarter, but the buildings will look fine.

 
We're very excited about how our products performed in head-to-head take off against other next-gen competitor this quarter. When we factor a POC, our technology performs well. As illustrated by competetive wins against CrowdStrike and SentinelOne, as well as other older signature based players like Microsoft, McAfee and Symantec. Among these wins was another top 10 global automaker, building on the win of the top 10 OEM we told you about last quarter. Other notable competitive wins include an international banking group, a leading European financial services firm and a global marketing agency. In addition to success with larger companies, we're seeing a lot of interest from small and medium sized business too. And this will continue to be an area of focus for us as the market opportunity is large.
BB Ceo John Chen:
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