ITR Market View: 2018... 1 1-1... 2 1-2... 3 1-2-1... 3 1-2-2... 5 1-2-3... 5 1-2-4... 5 1-3... 6... 9 2-1... 10 2-1-1... 10 2-1-2... 14 2-2 IDM IAM... 16 2-2-1 IDM IAM... 16 2-2-1-1... 16 2-2-1-2... 19 2-2-1-2-1... 19 2-2-1-2-2... 26 2-2-1-2-3... 28 2-2-1-2-4... 30 2-2-1-2-5... 32 2-2-1-2-6... 34 2-2-1-2-7... 36 2-2-1-2-8... 38 2-2-1-3... 40 2-2-1-3-1... 40 2-2-1-3-2 10,000... 47 2018 ITR Corporation. All Rights Reserved. i
2-2-1-3-3 5,000 10,000... 49 2-2-1-3-4 1,000 5,000... 51 2-2-1-3-5 300 1,000... 53 2-2-1-3-6 100 300... 55 2-2-1-4... 57 2-2-1-5 IDM IAM... 58 2-2-1-5-1... 58 2-2-1-6 SaaS IDM IAM... 61 2-2-1-6-1... 61 2-2-2 IDM IAM... 63 2-2-2-1... 63 2-2-3... 65 2-3 SSO... 67 2-3-1 SSO... 67 2-3-1-1... 67 2-3-2 SSO... 70 2-3-2-1... 70 2-3-2-2... 73 2-3-2-2-1... 73 2-3-2-2-2... 77 2-3-2-2-3... 79 2-3-2-2-4... 81 2-3-2-2-5... 83 2-3-2-2-6... 85 2-3-2-2-7... 87 2-3-2-2-8... 89 2-3-2-3... 91 2-3-2-3-1... 91 2-3-2-3-2 10,000... 95 2-3-2-3-3 5,000 10,000... 97 2-3-2-3-4 1,000 5,000... 99 2-3-2-3-5 300 1,000... 101 2-3-2-3-6 100 300... 103 ii 2018 ITR Corporation. All Rights Reserved.
ITR Market View: 2018 2-3-3... 105 2-3-3-1... 105 2-3-3-2... 107 2-3-3-2-1... 107 2-3-3-2-2... 111 2-3-3-2-3... 113 2-3-3-2-4... 115 2-3-3-2-5... 117 2-3-3-2-6... 119 2-3-3-2-7... 121 2-3-3-2-8... 123 2-3-3-3... 125 2-3-3-3-1... 125 2-3-3-3-2 10,000... 129 2-3-3-3-3 5,000 10,000... 131 2-3-3-3-4 1,000 5,000... 133 2-3-3-3-5 300 1,000... 135 2-3-4 SSO... 137 2-3-4-1... 137 2-3-5... 139 2-4 ID... 141 2-4-1... 141 2-4-2... 143 2-4-2-1... 143 2-4-2-2... 147 2-4-2-3... 149 2-4-2-4... 151 2-4-2-5... 153 2-4-2-6... 155 2-4-2-7... 157 2-4-2-8... 159 2-4-3... 161 2-4-3-1... 161 2018 ITR Corporation. All Rights Reserved. iii
2-4-3-2 10,000... 165 2-4-3-3 5,000 10,000... 167 2-4-3-4 1,000 5,000... 169 2-4-3-5 300 1,000... 171 2-4-4 ID... 173 2-4-4-1... 173 2-4-5... 175... 177 3-1... 178 3-1-1... 178 3-1-2... 180 3-1-2-1... 180 3-1-2-2... 183 3-1-2-3... 185 3-1-2-4... 187 3-1-2-5... 189 3-1-2-6... 191 3-1-2-7... 193 3-1-2-8... 195 3-1-3... 197 3-1-3-1... 197 3-1-3-2 10,000... 201 3-1-3-3 5,000 10,000... 203 3-1-3-4 1,000 5,000... 205 3-1-3-5 300 1,000... 207 3-1-3-6 100 300... 209 3-1-3-7 100... 211 3-1-4... 213 3-1-4-1... 213 3-2... 215 iv 2018 ITR Corporation. All Rights Reserved.
ITR Market View: 2018... 217 4-1... 218 4-2 2022... 219 4-3 2022... 222... 223 5-1... 224 5-2 CyberArk Software... 226 5-3 EMC... 229 5-4 EVIDIAN-BULL JAPAN... 233 5-5 F5... 238 5-6 NRI... 241 5-7 NTT... 246 5-8... 256 5-9... 260 5-10... 263 5-11... 267 5-12... 271 5-13... 277 5-14... 282 5-15... 287 5-16... 291 5-17... 297 5-18 CA... 303 5-19... 308 2018 ITR Corporation. All Rights Reserved. v
5-20... 314 5-21... 319 5-22... 325 5-23... 329 5-24... 332 5-25... 336 5-26... 342 5-27... 345 5-28... 348 5-29... 351 5-30... 355 5-31... 358 vi 2018 ITR Corporation. All Rights Reserved.
ITR Market View: 2018 1-3-1 2016 2022...8 1-3-2 2016 2022...8 2-1-1...10 2-1-2 2016 2018...12 2-1-3 2016...13 2-1-4 2017...13 2-1-5 2-1-6 2-1-7 2-1-8 2018...13 2016 2018...14 2016...15 2017...15 2-1-9 2018...15 2-2-1 IDM IAM...16 2-2-2 IDM IAM 2016 2018...17 2-2-3 IDM IAM 2016...18 2-2-4 IDM IAM 2017...18 2-2-5 IDM IAM 2018...18 2-2-6 IDM IAM 2016 2018...19 2-2-7 IDM IAM 2016...20 2-2-8 IDM IAM 2016...21 2-2-9 IDM IAM 2017...22 2-2-10 IDM IAM 2017...23 2-2-11 IDM IAM 2018...24 2-2-12 IDM IAM 2018...25 2-2-13 IDM IAM 2016 2018...26 2-2-14 IDM IAM 2016...27 2-2-15 IDM IAM 2017...27 2-2-16 IDM IAM 2018...27 2-2-17 IDM IAM 2016 2018...28 2-2-18 IDM IAM 2016...29 2018 ITR Corporation. All Rights Reserved. vii
2-2-19 IDM IAM 2017...29 2-2-20 IDM IAM 2018...29 2-2-21 IDM IAM 2016 2018...30 2-2-22 IDM IAM 2016...31 2-2-23 IDM IAM 2017...31 2-2-24 IDM IAM 2018...31 2-2-25 IDM IAM 2016 2018...32 2-2-26 IDM IAM 2016...33 2-2-27 IDM IAM 2017...33 2-2-28 IDM IAM 2018...33 2-2-29 IDM IAM 2016 2018...34 2-2-30 IDM IAM 2016...35 2-2-31 IDM IAM 2017...35 2-2-32 IDM IAM 2018...35 2-2-33 IDM IAM 2016 2018...36 2-2-34 IDM IAM 2016...37 2-2-35 IDM IAM 2017...37 2-2-36 IDM IAM 2018...37 2-2-37 IDM IAM 2016 2018...38 2-2-38 IDM IAM 2016...39 2-2-39 IDM IAM 2017...39 2-2-40 IDM IAM 2018...39 2-2-41 IDM IAM 2016 2018..40 2-2-42 IDM IAM 2016...41 2-2-43 IDM IAM 2016...42 2-2-44 IDM IAM 2017...43 2-2-45 IDM IAM 2017...44 2-2-46 IDM IAM 2018...45 2-2-47 IDM IAM 2018...46 2-2-48 IDM IAM 10,000 2016 2018...47 2-2-49 IDM IAM 10,000 2016...48 2-2-50 IDM IAM 10,000 2017...48 2-2-51 IDM IAM 10,000 2018...48 2-2-52 IDM IAM 5,000 10,000 2016 2018...49 viii 2018 ITR Corporation. All Rights Reserved.
ITR Market View: 2018 2-2-53 IDM IAM 5,000 10,000 2016...50 2-2-54 IDM IAM 5,000 10,000 2017...50 2-2-55 IDM IAM 5,000 10,000 2018...50 2-2-56 IDM IAM 1,000 5,000 2016 2018...51 2-2-57 IDM IAM 1,000 5,000 2016...52 2-2-58 IDM IAM 1,000 5,000 2017...52 2-2-59 IDM IAM 1,000 5,000 2018...52 2-2-60 IDM IAM 300 1,000 2016 2018...53 2-2-61 IDM IAM 300 1,000 2016...54 2-2-62 IDM IAM 300 1,000 2017...54 2-2-63 IDM IAM 300 1,000 2018...54 2-2-64 IDM IAM 100 300 2016 2018...55 2-2-65 IDM IAM 100 300 2016...56 2-2-66 IDM IAM 100 300 2017...56 2-2-67 IDM IAM 100 300 2018...56 2-2-68 IDM IAM 2016 2018...57 2-2-69 IDM IAM...58 2-2-70 IDM IAM 2016 2018...59 2-2-71 IDM IAM 2016...60 2-2-72 IDM IAM 2017...60 2-2-73 IDM IAM 2018...60 2-2-74 SaaS IDM IAM...61 2-2-75 SaaS IDM IAM 2016 2018...61 2-2-76 SaaS IDM IAM 2016...62 2-2-77 SaaS IDM IAM 2017...62 2-2-78 SaaS IDM IAM 2018...62 2-2-79 IDM IAM 2016 2018...63 2-2-80 IDM IAM 2016...64 2-2-81 IDM IAM 2017...64 2-2-82 IDM IAM 2018...64 2-3-1 SSO...67 2-3-2 SSO 2016 2018...68 2018 ITR Corporation. All Rights Reserved. ix
2-3-3 SSO 2016...69 2-3-4 SSO 2017...69 2-3-5 SSO 2018...69 2-3-6 SSO...70 2-3-7 SSO 2016 2018...71 2-3-8 SSO 2016...72 2-3-9 SSO 2017...72 2-3-10 SSO 2018...72 2-3-11 SSO 2016 2018...73 2-3-12 SSO 2016...74 2-3-13 SSO 2016...74 2-3-14 SSO 2017...75 2-3-15 SSO 2017...75 2-3-16 SSO 2018...76 2-3-17 SSO 2018...76 2-3-18 SSO 2016 2018...77 2-3-19 SSO 2016...78 2-3-20 SSO 2017...78 2-3-21 SSO 2018...78 2-3-22 SSO 2016 2018...79 2-3-23 SSO 2016...80 2-3-24 SSO 2017...80 2-3-25 SSO 2018...80 2-3-26 SSO 2016 2018...81 2-3-27 SSO 2016...82 2-3-28 SSO 2017...82 2-3-29 SSO 2018...82 2-3-30 SSO 2016 2018...83 2-3-31 SSO 2016...84 2-3-32 SSO 2017...84 2-3-33 SSO 2018...84 2-3-34 SSO 2016 2018...85 2-3-35 SSO 2016...86 2-3-36 SSO 2017...86 2-3-37 SSO 2018...86 x 2018 ITR Corporation. All Rights Reserved.
ITR Market View: 2018 2-3-38 SSO 2016 2018...87 2-3-39 SSO 2016...88 2-3-40 SSO 2017...88 2-3-41 SSO 2018...88 2-3-42 SSO 2016 2018...89 2-3-43 SSO 2016...90 2-3-44 SSO 2017...90 2-3-45 SSO 2018...90 2-3-46 SSO 2016 2018...91 2-3-47 SSO 2016...92 2-3-48 SSO 2016...92 2-3-49 SSO 2017...93 2-3-50 SSO 2017...93 2-3-51 SSO 2018...94 2-3-52 SSO 2018...94 2-3-53 SSO 10,000 2016 2018...95 2-3-54 SSO 10,000 2016...96 2-3-55 SSO 10,000 2017...96 2-3-56 SSO 10,000 2018...96 2-3-57 SSO 5,000 10,000 2016 2018...97 2-3-58 SSO 5,000 10,000 2016...98 2-3-59 SSO 5,000 10,000 2017...98 2-3-60 SSO 5,000 10,000 2018...98 2-3-61 SSO 1,000 5,000 2016 2018...99 2-3-62 SSO 1,000 5,000 2016... 100 2-3-63 SSO 1,000 5,000 2017... 100 2-3-64 SSO 1,000 5,000 2018... 100 2-3-65 SSO 300 1,000 2016 2018... 101 2-3-66 SSO 300 1,000 2016... 102 2-3-67 SSO 300 1,000 2017... 102 2-3-68 SSO 300 1,000 2018... 102 2-3-69 SSO 100 300 2016 2018... 103 2-3-70 SSO 100 300 2016... 104 2-3-71 SSO 100 300 2017... 104 2018 ITR Corporation. All Rights Reserved. xi
2-3-72 SSO 100 300 2018... 104 2-3-73... 105 2-3-74 2016 2018... 105 2-3-75 2016... 106 2-3-76 2017... 106 2-3-77 2018... 106 2-3-78 2016 2018... 107 2-3-79 2016... 108 2-3-80 2016... 108 2-3-81 2017... 109 2-3-82 2017... 109 2-3-83 2018... 110 2-3-84 2018... 110 2-3-85 2016 2018... 111 2-3-86 2016... 112 2-3-87 2017... 112 2-3-88 2018... 112 2-3-89 2016 2018... 113 2-3-90 2016... 114 2-3-91 2017... 114 2-3-92 2018... 114 2-3-93 2016 2018... 115 2-3-94 2016... 116 2-3-95 2017... 116 2-3-96 2018... 116 2-3-97 2016 2018... 117 2-3-98 2016... 118 2-3-99 2017... 118 2-3-100 2018... 118 2-3-101 2016 2018... 119 2-3-102 2016... 120 2-3-103 2017... 120 2-3-104 2018... 120 xii 2018 ITR Corporation. All Rights Reserved.
ITR Market View: 2018 2-3-105 2016 2018... 121 2-3-106 2016... 122 2-3-107 2017... 122 2-3-108 2018... 122 2-3-109 2016 2018... 123 2-3-110 2016... 124 2-3-111 2017... 124 2-3-112 2018... 124 2-3-113 2016 2018... 125 2-3-114 2016... 126 2-3-115 2016... 126 2-3-116 2017... 127 2-3-117 2017... 127 2-3-118 2018... 128 2-3-119 2018... 128 2-3-120 10,000 2016 2018... 129 2-3-121 10,000 2016... 130 2-3-122 10,000 2017... 130 2-3-123 10,000 2018... 130 2-3-124 5,000 10,000 2016 2018... 131 2-3-125 5,000 10,000 2016... 132 2-3-126 5,000 10,000 2017... 132 2-3-127 5,000 10,000 2018... 132 2-3-128 1,000 5,000 2016 2018... 133 2-3-129 1,000 5,000 2016... 134 2-3-130 1,000 5,000 2017... 134 2-3-131 1,000 5,000 2018... 134 2018 ITR Corporation. All Rights Reserved. xiii
2-3-132 300 1,000 2016 2018... 135 2-3-133 300 1,000 2016... 136 2-3-134 300 1,000 2017... 136 2-3-135 300 1,000 2018... 136 2-3-136 SSO 2016 2018... 137 2-3-137 SSO 2016... 138 2-3-138 SSO 2017... 138 2-3-139 SSO 2018... 138 2-4-1 ID... 141 2-4-2 ID 2016 2018. 141 2-4-3 ID 2016... 142 2-4-4 ID 2017... 142 2-4-5 ID 2018... 142 2-4-6 ID 2016 2018... 143 2-4-7 ID 2016... 144 2-4-8 ID 2016... 144 2-4-9 ID 2017... 145 2-4-10 ID 2017... 145 2-4-11 ID 2018... 146 2-4-12 ID 2018... 146 2-4-13 ID 2016 2018... 147 2-4-14 ID 2016... 148 2-4-15 ID 2017... 148 2-4-16 ID 2018... 148 2-4-17 ID 2016 2018... 149 2-4-18 ID 2016... 150 2-4-19 ID 2017... 150 2-4-20 ID 2018... 150 2-4-21 ID 2016 2018... 151 2-4-22 ID 2016... 152 2-4-23 ID 2017... 152 xiv 2018 ITR Corporation. All Rights Reserved.
ITR Market View: 2018 2-4-24 ID 2018... 152 2-4-25 ID 2016 2018... 153 2-4-26 ID 2016... 154 2-4-27 ID 2017... 154 2-4-28 ID 2018... 154 2-4-29 ID 2016 2018... 155 2-4-30 ID 2016... 156 2-4-31 ID 2017... 156 2-4-32 ID 2018... 156 2-4-33 ID 2016 2018... 157 2-4-34 ID 2016... 158 2-4-35 ID 2017... 158 2-4-36 ID 2018... 158 2-4-37 ID 2016 2018... 159 2-4-38 ID 2016... 160 2-4-39 ID 2017... 160 2-4-40 ID 2018... 160 2-4-41 ID 2016 2018... 161 2-4-42 ID 2016... 162 2-4-43 ID 2016... 162 2-4-44 ID 2017... 163 2-4-45 ID 2017... 163 2-4-46 ID 2018... 164 2-4-47 ID 2018... 164 2-4-48 ID 10,000 2016 2018... 165 2-4-49 ID 10,000 2016... 166 2-4-50 ID 10,000 2017... 166 2-4-51 ID 10,000 2018... 166 2-4-52 ID 5,000 10,000 2016 2018... 167 2-4-53 ID 5,000 10,000 2016... 168 2-4-54 ID 5,000 10,000 2017... 168 2-4-55 ID 5,000 10,000 2018... 168 2018 ITR Corporation. All Rights Reserved. xv
2-4-56 ID 1,000 5,000 2016 2018... 169 2-4-57 ID 1,000 5,000 2016.. 170 2-4-58 ID 1,000 5,000 2017.. 170 2-4-59 ID 1,000 5,000 2018... 170 2-4-60 ID 300 1,000 2016 2018... 171 2-4-61 ID 300 1,000 2016... 172 2-4-62 ID 300 1,000 2017... 172 2-4-63 ID 300 1,000 2018... 172 2-4-64 ID 2016 2018... 173 2-4-65 ID 2016... 174 2-4-66 ID 2017... 174 2-4-67 ID 2018... 174 3-1-1... 178 3-1-2 2016 2018... 178 3-1-3 2016... 179 3-1-4 2017... 179 3-1-5 2018... 179 3-1-6 2016 2018... 180 3-1-7 2016... 181 3-1-8 2016... 181 3-1-9 2017... 181 3-1-10 2017... 182 3-1-11 2018... 182 3-1-12 2018... 182 3-1-13 2016 2018... 183 3-1-14 2016... 184 3-1-15 2017... 184 3-1-16 2018... 184 3-1-17 2016 2018... 185 3-1-18 2016... 186 3-1-19 2017... 186 3-1-20 2018... 186 3-1-21 2016 2018... 187 xvi 2018 ITR Corporation. All Rights Reserved.
ITR Market View: 2018 3-1-22 2016... 188 3-1-23 2017... 188 3-1-24 2018... 188 3-1-25 2016 2018... 189 3-1-26 2016... 190 3-1-27 2017... 190 3-1-28 2018... 190 3-1-29 2016 2018... 191 3-1-30 2016... 192 3-1-31 2017... 192 3-1-32 2018... 192 3-1-33 2016 2018... 193 3-1-34 2016... 194 3-1-35 2017... 194 3-1-36 2018... 194 3-1-37 2016 2018... 195 3-1-38 2016... 196 3-1-39 2017... 196 3-1-40 2018... 196 3-1-41 2016 2018... 197 3-1-42 2016... 198 3-1-43 2016... 198 3-1-44 2017... 199 3-1-45 2017... 199 3-1-46 2018... 200 3-1-47 2018... 200 3-1-48 10,000 2016 2018... 201 3-1-49 10,000 2016... 202 3-1-50 10,000 2017... 202 3-1-51 10,000 2018. 202 3-1-52 5,000 10,000 2016 2018... 203 3-1-53 5,000 10,000 2016... 204 3-1-54 5,000 10,000 2017... 204 2018 ITR Corporation. All Rights Reserved. xvii
3-1-55 3-1-56 3-1-57 3-1-58 3-1-59 3-1-60 3-1-61 3-1-62 3-1-63 5,000 10,000 2018... 204 1,000 5,000 2016 2018... 205 1,000 5,000 2016... 206 1,000 5,000 2017... 206 1,000 5,000 2018... 206 300 1,000 2016 2018... 207 300 1,000 2016... 208 300 1,000 2017... 208 300 1,000 2018... 208 3-1-64 100 300 2016 2018... 209 3-1-65 100 300 2016... 210 3-1-66 100 300 2017... 210 3-1-67 100 300 2018... 210 3-1-68 100 2016 2018... 211 3-1-69 100 2017... 212 3-1-70 100 2018... 212 3-1-71 2016 2018... 213 3-1-72 2016... 214 3-1-73 2017... 214 3-1-74 2018... 214 4-2-1 2016 2022... 220 4-3-1 2016 2022... 222 xviii 2018 ITR Corporation. All Rights Reserved.