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Absolute Software Corporation

Absolute Software Corporation: The Leader in Endpoint Resilience

Stealing can be of any type, with the intention to damage or just to make free money. But the person who loses his/her device or data is always at loss. There have been methods applied to track down those thieves, which are not always successful, and we are stuck with the same problem we began with. This same problem had ignited an idea of developing an end-point tracking system in the minds of the founders of Absolute Software Corporation. And today, the company is the only firm-ware-embedded visibility and control platform developer helping companies track and trace the lost products.

About the Company

Founded in 1993, Absolute Software Corporation is the first of its kind. The company develops software products to provide endpoint and zero-trust security to its clients. Absolute Software is headquartered in Vancouver, British Columbia, and has established two more headquarters in Canada and Austin. Healthcare, government sector, K-12 education, professional services sector, higher education sector, finance are the main areas of service for the company. It operates through device manufacturers, independent software vendors, resellers, and managed service providers, such that it can offer efficient services worldwide effectively.
Absolute Software Corporation is a publically traded company and trades on Toronto Stock Exchange and Nasdaq as ABST. The company is known for its flagship product, Absolute Platform and Persistence technology, a platform protecting devices, data, applications, and users both on and off the corporate network. Today, Absolute Software has over 140 registered patents and more than 13,000 clients rely on the company for their data security purpose.

Absolute Software Corporation
Image source: azureedge.net

The Back Story

Absolute Software Corporation was founded with a unique idea, i.e., to manage, track and secure computers despite their physical location. This was simply the result of a laptop theft that led to data loss as well. Leading to the solution of such a problem, Absolute Software started to work on a track-and-trace software solution, such that even despite the theft or any damage to the device it could be tracked by the owners.

This was only possible with some great partnerships, and at the beginning of the 2000s, Absolute Software started to build ties with device manufacturers, such that the Absolute software was embedded into those devices on the BIOS level. This way, even if the thief wanted to remove the tracking software, he could not find it in the first place.

In the year 2000, Absolute Software went public on Toronto Stock Exchange. The company also started to expand overseas, as it opened its first European in Newbury in 2006. Further expansion included the establishment of offices in the UK, Austin, Malaysia, etc. Absolute Software then partnered with Microsoft and achieved the gold certification as a partner from the latter in the Microsoft Partner Ecosystem. The Absolute Software growth also included some major acquisitions such as LANrev product suite (2009), some assets of LiveTime Software (2012), Palisade Systems (2013), etc. This way, the company was able to enhance the features of its products. The company got listed in the Forbes list of cybersecurity companies in 2020.

The CEO at Absolute Software Corporation

Christy Wyatt is the President and Chief Executive Officer of Absolute Software Corporation. With more than twenty years of experience in the field of cybersecurity and IT, Wyatt has worked in different prominent positions in big-name companies, including Apple, Palm, Sun Microsystems, Motorola, and Citigroup. She also served Dtex Systems as the CEO. Christy was also the Chairman, President, and CEO of Good Technology. In 2019, she was among the Top 50 Women Leaders in SaaS and also got listed in the Top 50 Women Entrepreneurs of America by Inc. Magazine.

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