From Flyfisher's find:
Wave Systems
Strengths
Wave Systems offers a self-contained solution for managing keys, reporting and recovery for PCs that are equipped with a Seagate encrypting drive and a TPM. The company supports TPMs from many manufacturers.
Released in late 2007, its product has gained visibility among Gartner clients.
A stand-alone version of the product is included on qualified Dell PCs and is upgradable to an enterprise managed platform. Additional bundling is available with some motherboards from Intel, NEC (in Europe) and Acer.
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Cautions
Wave Systems must provide managed encryption on removable media as soon as possible. This is a basic competitive requirement, and an immediate need that can't wait for the Trusted Computing Group's specification to be adopted on flash drives.
Primary distribution is by an OEM-embedded stand-alone client on selected PC platforms. Users can deploy the client without purchasing Wave System's enterprise management. The company should develop additional sales channels to sell its full enterprise solution, to increase revenue and the opportunity to add value for customers.
Wave Systems' solution is a management platform with no security certifications; it relies on Seagate's encrypting drives and the TPM. Gartner recommends a CC certification for the company's management framework.
Wave Systems has shipped many tens of millions of OEM seats, but receives only a small royalty, which generates revenue that is below the median and far below average (even if some of those seats become enterprise accounts). The company's market impact is, therefore, only fractionally considered, because stand-alone OEM seats are not trackable and do not advance the goals of enterprise managed data protection.
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