Stock Update (NASDAQ:MOBL): Dürr Selects Mobileiron Inc to Secure Mobile Productivity for its Worldwide Operations

Having secure mobile access to company data at any time from any location is a must for many employees at Dürr, a mechanical and plant engineering firm based in Germany with operations worldwide. The world market leader selected Mobileiron Inc (NASDAQ:MOBL), the leading provider of mobile enterprise security, to secure and manage thousands of Windows Phone devices. Dürr’s enterprise mobility management (EMM) platform was implemented by TÜV Rheinland i-sec GmbH.

Dürr owes its position as the world’s leading mechanical and plant engineering firm primarily to the engineering expertise of its employees. Making this expertise available at any time and from any location is a competitive advantage that helps the company maintain and build on its leading position. To this end, mobile access to data and documents is becoming increasingly important. This is why Dürr selected MobileIron to secure and manage approximately 2,500 mobile Windows Phone devices, with more being added everyday. MobileIron allows Dürr to centralize security and management of these devices.

“We made the decision to use Windows Phone devices secured by MobileIron because it is becoming increasingly important for employees to have mobile access to business processes,” said Thomas Müller, IT security manager of the Dürr Group. “We wanted to give our employees an alternative to the BlackBerry devices from our early mobile days.”

SharePoint server as a document hub

Whether they are working at the company’s headquarters or getting work done remotely, Dürr employees rely on SharePoint to store, access, and share business documents. Team sites function as logical units with standardized structures (i.e. calendars, documents and databases), which authorized users from around the world can access. Currently, around 600 team sites are active. Dürr also provides employees with mobile access to their Exchange mailboxes and enables them to make phone calls using the Lync 2013 app.

The operations of Dürr’s MobileIron platform are spread across multiple locations. External provider TÜV Rheinland i-sec GmbH drove the implementation of Dürr’s EMM platform together with Dürr´s mobility specialists, and continues to deliver managed services and system monitoring around the clock.

MobileIron selected for its security capabilities

Security was a decisive factor when Dürr was choosing an EMM system.

“With MobileIron, we can apply security guidelines to mobile devices in a consistent and unified manner. We can also require passwords in the Exchange ActiveSync environment,” said Müller. “MobileIron forms a foundation of trust for our mobile IT infrastructure and it helps to ensure, for example, that company e-mails cannot be accessed by bypassing the Exchange ActiveSync protocol.

In the near future, Dürr will develop business apps so that employees can use the company’s extensive content more productively on mobile devices. (Original Source)

Shares of Mobileiron closed yesterday at $3.95. MOBL has a 1-year high of $12.96 and a 1-year low of $3.50. The stock’s 50-day moving average is $5.22 and its 200-day moving average is $7.02.

On the ratings front, Mobileiron has been the subject of a number of recent research reports. In a report issued on July 31, RBC analyst Mark Sue reiterated a Buy rating on MOBL, with a price target of $8, which implies an upside of 102.5% from current levels. Separately, on July 30, Deutsche Bank’s Karl Keirstead downgraded the stock to Hold and has a price target of $6.

According to, which ranks over 7,500 financial analysts and bloggers to gauge the performance of their past recommendations, Mark Sue and Karl Keirstead have a total average return of 1.4% and 4.3% respectively. Sue has a success rate of 50.0% and is ranked #1556 out of 3730 analysts, while Keirstead has a success rate of 46.3% and is ranked #968.

MobileIron Inc provides mobile IT platform for enterprises to secure and manage mobile applications, content and devices.

Stay Ahead of Everyone Else

Get The Latest Stock News Alerts