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Corporate Presentation
2
Forward Looking Statements
This presentation contains statements regarding our intention to execute a new strategy, implement operational and
organizational changes and our projected financial and business results, as well as our intention to return cash to
shareholders through dividends and continued share buyback activity, which may be considered forward‐looking
within the meaning of the U.S. federal securities laws. These statements are subject to known and unknown risks,
uncertainties and other factors that may cause our actual results, levels of activity, performance or achievements to
differ materially from results expressed or implied in this presentation. Such risk factors include those related to:
maintaining customer and partner relationships; the anticipated growth of certain market segments, particularly with
regard to security and storage; the competitive environment in the software industry; changes to operating systems
and product strategy by vendors of operating systems; fluctuations in currency exchange rates; the timing and market
acceptance of new product releases and upgrades; the successful development of new products and integration of
acquired businesses; and the degree to which these products and businesses gain market acceptance. Actual results
may differ materially from those contained in the forward‐looking statements in this presentation. Additional
information concerning these and other risk factors is contained in the Risk Factors section of our Form 10‐K for the
year ended March 29, 2013.
Any information regarding pre-release Symantec offerings, future updates or other planned modifications is subject to
ongoing evaluation by Symantec and therefore subject to change. This information is provided without warranty of any
kind, express or implied. Customers who purchase Symantec offerings should make their purchase decision based
upon features that are currently available.
We assume no obligation to update any forward‐looking information contained in this presentation.
3
Use of GAAP and Non-GAAP Financial Information
Our results of operations have undergone significant changes due to a series of acquisitions, the impact of SFAS 123(R),
impairment charges and other corporate events. To help our readers understand our past financial performance and
our future results, we supplement the financial results that we provide in accordance with generally accepted
accounting principles, or GAAP, with non‐GAAP financial measures. The method we use to produce non‐GAAP results is
not computed according to GAAP and may differ from the methods used by other companies. Our non‐GAAP results
are not meant to be considered in isolation or as a substitute for comparable GAAP measures and should be read only
in conjunction with our consolidated financial statements prepared in accordance with GAAP.
Our management regularly uses our non‐GAAP financial measures internally to understand, manage and evaluate our
business and make operating decisions. These non‐GAAP measures are among the primary factors management uses in
planning for and forecasting future periods. Investors are encouraged to review the reconciliation of our non‐GAAP
financial measures to the comparable GAAP results, which is attached to the financial review presentation, and which
can also be found, along with other financial information, on the investor relations page of our website at
www.symantec.com/invest.
Presentation Identifier Goes Here
Founded in 1982
IPO in 1989
Approximately 21,500 Employees
Operations in more than 50 Countries
#379 on the 2013 Fortune 500
100 Percent of Fortune 500 Companies
are Customers
$6.9 Billion Revenue in FY2013;
Approximately 52% Outside of the U.S.
More Than 1,900 Global Patents
Invests 14% of Annual Revenue in R&D*
* R&D Investments is Non-GAAP
4
A GLOBAL LEADER IN SECURITY,
BACKUP AND AVAILABILITY SOLUTIONS
THAT PROTECT PEOPLE AND INFORMATION
INDEPENDENT OF THE DEVICE AND
ENVIRONMENT IN WHICH INFORMATION IS
USED OR STORED
5
6
Key Symantec Strengths
Strong
Assets
Deep Expertise
and Capability
Portfolio of
Leading
Products
Strong Brands
Reach and
Installed Base
6
7
Financial Strength – FY13 Business Snapshot
Revenue Mix by Geography
Americas EMEA APJ
54% 27% 19%
Segment
Revenue $
(in millions)
Storage & Server Management $2,479
Consumer $2,109
Security & Compliance $2,053
Services $265
FY13 $6.9 billion
Revenue Mix by Segment
Consumer
31%
29%
Security &
Compliance
36%
Storage &
Server
Mgmt
4%
Services
7
8
Reliability of
the Public
Infrastructure
Control of
Identities &
Privacy
Financial
Integrity
Intellectual
Property
Protecting
What
Matters
8
Presentation Identifier Goes Here 9
Global Intelligence Network
Identifies more threats + takes action faster + prevents impact
Global Scope and Scale 24x7 Event LoggingWorldwide Coverage
Rapid Detection
Threat Activity Malcode Intelligence Vulnerabilities Spam/Phishing
240,000+ Sensors
200+ Countries
133M Client, Server,
Gateway
Global Coverage
40,000+ Vulnerabilities
14,000 Vendors
105,000+ Technologies
5M Decoy Accounts
8B+ Email Messages/Daily
1B+ Web Requests/Daily
Information Protection Threat Triggered ActionsPreemptive Security Alerts
9
10
”
Enabling people, businesses and
countries… to protect and manage
their digital information… so they
can focus their time and energy
achieving their aspirations
11
Revolutionizing Our Business For You
Meet Customer Needs that Matter Today
Provide Unique Customer Advantages
Strengthened Offerings
Three Newly-Focused Areas
11
12
4.0
How We Win
Best of Need Scale Integration Cross Platform
12
13
We Will Strengthen Our Offerings:
More R&D
Better and
Easier
Customer
Experience
New Offerings
Right-for-Me
Offering
Better Meet
Customer
Needs . . .
Faster Organic
Growth
14
We Will Strengthen Our Offerings:
More R&D
Leverage
Innovation
Zero-based
mindset
More
Innovation
• Whole company scope
• Resource best growth
opportunities
• Eliminate redundancy
• Increase R&D spend
• Redeploy and hire
• Advanced research
Center of
Excellence
File Systems
DLP
Encryption
Endpoint
Protection
Security Intelligence
More R&D
Better and
Easier
Customer
Experience
New Offerings
Right-for-Me
Offering
Better Meet
Customer
Needs . . .
Faster Organic
Growth
15
We Will Strengthen Our Offerings:
Better and Easier Customer Experience
More R&D
Better and
Easier
Customer
Experience
New Offerings
Right-for-Me
Offering
Better Meet
Customer
Needs . . .
Faster Organic
Growth
• Focus product teams on
end-to-end customer use
experience
• Simplified licensing
• Self-healing technology
To Use,
Upgrade
and
Maintain
To Get Help
and Support
• Simplified support options
• Expanded support
channels ex. Web, chat,
community support
• Knowledge management
16
We Will Strengthen Our Offerings:
Right-For-Me-Offerings
More R&D
Better and
Easier
Customer
Experience
New Offerings
Right-for-Me
Offering
Better Meet
Customer
Needs . . .
Faster Organic
Growth
Tailored
Offerings
Choice of
Deployment
Option
• Software
• Appliance
• Cloud
• Hybrids
• Consumers
• Small
Businesses
• Large
Enterprise
• Governments
• Geographies
• Specific
Industries…v
erticals
17
New Offerings Will Address broader Customer Needs
More R&D
Better and
Easier
Customer
Experience
New Offerings
Right-for-Me
Offering
Better Meet
Customer
Needs . . .
Faster Organic
Growth
•Integrated, modular, solving
bigger jobs
•Customer can buy existing
products OR new integrated
offerings
•Turn on new capability as
needed
18
Symantec Addresses Unmet, Underserved Needs In
Three Areas
Make it simple for me to be productive
& protected at home and work
Keep my business safe and compliant
Keep my business information and
applications up and running
User Productivity & Protection
Information Security
Information Management:
Availability & Scalability
19
New Current Offerings Map to Customer Jobs
User Productivity & Protection
Information Security
Information Management:
Availability & Scalability
Enterprise Mobility
Endpoint Encryption
User Authentication
Norton 360
Norton Mobile Security
Norton Data Services
Endpoint Protection
Control Compliance Suite
Critical System Protection
Trust Services
Managed Security Services
Data Loss Prevention
Mail and Web Security
O3
Backup Exec
BE.cloud
FileStore
Storage Foundation HA
NetBackup
Enterprise Vault/eDiscovery
Current Offering Examples
19
20
We Will Deliver New Integrated, Modular Offerings
Over the Next 6-24 Months
User Productivity & Protection
Information Security
Information Management:
Availability & Scalability
Mobile Workforce Productivity
Norton Protection
Norton Cloud
Information Security Service
Identity/Content-aware Security Gateway
Data Center Security
Business Continuity
Integrated Backup
Object Storage Platform
New Higher-Value Offerings
20
21
User Productivity & Protection Higher-Value Offering:
Mobile Workforce Productivity
Enables authorized users to access corporate resources from any corporate or
personal mobile device, PC or Mac while protecting data, applications,
devices and identities
Employee Owned/BYOD
Corporate Owned
Enterprise Applications
Cloud Services
• Endpoint protection
• Corporate
• Personal
• Mobile device management
• Mobile container
• Mobile application
Management
• Enterprise app store
• Endpoint encryption
• Endpoint DLP
• User authentication
Integrated
21
22
Information Security Higher-Value Offering:
Information Security Service
Provides visibility into, and comprehensive protection from, advanced
threats leveraging Symantec and 3rd-party products
Enterprise Apps
Symantec Security Offerings
3rd-Party Products and Tools
Symantec Global Security
Intelligence Network
• Analysis
• Correlation
• Visibility
• Dashboard
• Threat Detection
• Prioritization and
Workflow
• Incident Management
• Risk Management
Integrated
22
23
Information Management Higher-Value Offering:
Business Continuity
Applications
Platforms
Storage
• Windows Backup
• Unix/Linux Backup
• Virtual Backup
• Clustering
• Virtual HA
• Replication
• Disaster Recovery
• Service Orchestration
Integrated
Delivers high availability, performance, and scalability for business
applications in virtual, private cloud environments
23
24
Simplified Go-to-Market (GTM) Strategy
Customer Segment
Commercial
Norton Consumer and
Small Business
Enterprise
Global
• Global & Enterprise… Symantec direct + Customer
led channel involvement
• Channel-led… dedicated Symantec team support
• Combination of direct through e-business and
channel-led
Applied “Right for GEO” manner
24
25
New Marketing and Sales Capabilities
• Expanded high quality/
lower cost models
- Telesales
- e-Business
- In product
• New business growth
- Field paid only on new over time
- Separate renewals org
• New global sales and partner
enablement organization
• New, enhanced partner
program
- More selective based on
capabilities
- Better enablement &
Symantec support
- New performance-based
incentives
• Expanded Marketing
- Total customer experience
- New centers of excellence
- Strategic Pricing & Licensing
Offerings Customers
Beyond
Current
Point
Products to
Integrated
Offerings
Beyond
Short-Term
Bookings to
Lasting
Customer
Value
25
Organization Simplification
Addressing spans and layers
Executed in 3 waves
Completed by July
26
27
Financial Objectives
Organic growth of at least 5% in FY15-FY17
Planning on 5 quarters of transition
Non-GAAP operating margins grow 200 bps in
FY14 & FY15
Return approximately 50% of FCF to shareholders
through dividends and share repurchases
27
28
How This Benefits Customers
How They
Want to Buy
Right-for-Me
Offerings
Solve Bigger
Problems
Better and
Easier
28
29
Contact Investor Relations
Helyn Corcos
Vice President
(650)527-5523
hcorcos@symantec.com
Shaila Vemuluri
Manager
(650)527-6273
shailaja_vemuluri@symantec.com
Jared Christensen
Manager
(650)527-4536
jared_christensen@symantec.com
29

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Symantec Corporate Presentation

  • 2. 2 Forward Looking Statements This presentation contains statements regarding our intention to execute a new strategy, implement operational and organizational changes and our projected financial and business results, as well as our intention to return cash to shareholders through dividends and continued share buyback activity, which may be considered forward‐looking within the meaning of the U.S. federal securities laws. These statements are subject to known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance or achievements to differ materially from results expressed or implied in this presentation. Such risk factors include those related to: maintaining customer and partner relationships; the anticipated growth of certain market segments, particularly with regard to security and storage; the competitive environment in the software industry; changes to operating systems and product strategy by vendors of operating systems; fluctuations in currency exchange rates; the timing and market acceptance of new product releases and upgrades; the successful development of new products and integration of acquired businesses; and the degree to which these products and businesses gain market acceptance. Actual results may differ materially from those contained in the forward‐looking statements in this presentation. Additional information concerning these and other risk factors is contained in the Risk Factors section of our Form 10‐K for the year ended March 29, 2013. Any information regarding pre-release Symantec offerings, future updates or other planned modifications is subject to ongoing evaluation by Symantec and therefore subject to change. This information is provided without warranty of any kind, express or implied. Customers who purchase Symantec offerings should make their purchase decision based upon features that are currently available. We assume no obligation to update any forward‐looking information contained in this presentation.
  • 3. 3 Use of GAAP and Non-GAAP Financial Information Our results of operations have undergone significant changes due to a series of acquisitions, the impact of SFAS 123(R), impairment charges and other corporate events. To help our readers understand our past financial performance and our future results, we supplement the financial results that we provide in accordance with generally accepted accounting principles, or GAAP, with non‐GAAP financial measures. The method we use to produce non‐GAAP results is not computed according to GAAP and may differ from the methods used by other companies. Our non‐GAAP results are not meant to be considered in isolation or as a substitute for comparable GAAP measures and should be read only in conjunction with our consolidated financial statements prepared in accordance with GAAP. Our management regularly uses our non‐GAAP financial measures internally to understand, manage and evaluate our business and make operating decisions. These non‐GAAP measures are among the primary factors management uses in planning for and forecasting future periods. Investors are encouraged to review the reconciliation of our non‐GAAP financial measures to the comparable GAAP results, which is attached to the financial review presentation, and which can also be found, along with other financial information, on the investor relations page of our website at www.symantec.com/invest.
  • 4. Presentation Identifier Goes Here Founded in 1982 IPO in 1989 Approximately 21,500 Employees Operations in more than 50 Countries #379 on the 2013 Fortune 500 100 Percent of Fortune 500 Companies are Customers $6.9 Billion Revenue in FY2013; Approximately 52% Outside of the U.S. More Than 1,900 Global Patents Invests 14% of Annual Revenue in R&D* * R&D Investments is Non-GAAP 4
  • 5. A GLOBAL LEADER IN SECURITY, BACKUP AND AVAILABILITY SOLUTIONS THAT PROTECT PEOPLE AND INFORMATION INDEPENDENT OF THE DEVICE AND ENVIRONMENT IN WHICH INFORMATION IS USED OR STORED 5
  • 6. 6 Key Symantec Strengths Strong Assets Deep Expertise and Capability Portfolio of Leading Products Strong Brands Reach and Installed Base 6
  • 7. 7 Financial Strength – FY13 Business Snapshot Revenue Mix by Geography Americas EMEA APJ 54% 27% 19% Segment Revenue $ (in millions) Storage & Server Management $2,479 Consumer $2,109 Security & Compliance $2,053 Services $265 FY13 $6.9 billion Revenue Mix by Segment Consumer 31% 29% Security & Compliance 36% Storage & Server Mgmt 4% Services 7
  • 8. 8 Reliability of the Public Infrastructure Control of Identities & Privacy Financial Integrity Intellectual Property Protecting What Matters 8
  • 9. Presentation Identifier Goes Here 9 Global Intelligence Network Identifies more threats + takes action faster + prevents impact Global Scope and Scale 24x7 Event LoggingWorldwide Coverage Rapid Detection Threat Activity Malcode Intelligence Vulnerabilities Spam/Phishing 240,000+ Sensors 200+ Countries 133M Client, Server, Gateway Global Coverage 40,000+ Vulnerabilities 14,000 Vendors 105,000+ Technologies 5M Decoy Accounts 8B+ Email Messages/Daily 1B+ Web Requests/Daily Information Protection Threat Triggered ActionsPreemptive Security Alerts 9
  • 10. 10 ” Enabling people, businesses and countries… to protect and manage their digital information… so they can focus their time and energy achieving their aspirations
  • 11. 11 Revolutionizing Our Business For You Meet Customer Needs that Matter Today Provide Unique Customer Advantages Strengthened Offerings Three Newly-Focused Areas 11
  • 12. 12 4.0 How We Win Best of Need Scale Integration Cross Platform 12
  • 13. 13 We Will Strengthen Our Offerings: More R&D Better and Easier Customer Experience New Offerings Right-for-Me Offering Better Meet Customer Needs . . . Faster Organic Growth
  • 14. 14 We Will Strengthen Our Offerings: More R&D Leverage Innovation Zero-based mindset More Innovation • Whole company scope • Resource best growth opportunities • Eliminate redundancy • Increase R&D spend • Redeploy and hire • Advanced research Center of Excellence File Systems DLP Encryption Endpoint Protection Security Intelligence More R&D Better and Easier Customer Experience New Offerings Right-for-Me Offering Better Meet Customer Needs . . . Faster Organic Growth
  • 15. 15 We Will Strengthen Our Offerings: Better and Easier Customer Experience More R&D Better and Easier Customer Experience New Offerings Right-for-Me Offering Better Meet Customer Needs . . . Faster Organic Growth • Focus product teams on end-to-end customer use experience • Simplified licensing • Self-healing technology To Use, Upgrade and Maintain To Get Help and Support • Simplified support options • Expanded support channels ex. Web, chat, community support • Knowledge management
  • 16. 16 We Will Strengthen Our Offerings: Right-For-Me-Offerings More R&D Better and Easier Customer Experience New Offerings Right-for-Me Offering Better Meet Customer Needs . . . Faster Organic Growth Tailored Offerings Choice of Deployment Option • Software • Appliance • Cloud • Hybrids • Consumers • Small Businesses • Large Enterprise • Governments • Geographies • Specific Industries…v erticals
  • 17. 17 New Offerings Will Address broader Customer Needs More R&D Better and Easier Customer Experience New Offerings Right-for-Me Offering Better Meet Customer Needs . . . Faster Organic Growth •Integrated, modular, solving bigger jobs •Customer can buy existing products OR new integrated offerings •Turn on new capability as needed
  • 18. 18 Symantec Addresses Unmet, Underserved Needs In Three Areas Make it simple for me to be productive & protected at home and work Keep my business safe and compliant Keep my business information and applications up and running User Productivity & Protection Information Security Information Management: Availability & Scalability
  • 19. 19 New Current Offerings Map to Customer Jobs User Productivity & Protection Information Security Information Management: Availability & Scalability Enterprise Mobility Endpoint Encryption User Authentication Norton 360 Norton Mobile Security Norton Data Services Endpoint Protection Control Compliance Suite Critical System Protection Trust Services Managed Security Services Data Loss Prevention Mail and Web Security O3 Backup Exec BE.cloud FileStore Storage Foundation HA NetBackup Enterprise Vault/eDiscovery Current Offering Examples 19
  • 20. 20 We Will Deliver New Integrated, Modular Offerings Over the Next 6-24 Months User Productivity & Protection Information Security Information Management: Availability & Scalability Mobile Workforce Productivity Norton Protection Norton Cloud Information Security Service Identity/Content-aware Security Gateway Data Center Security Business Continuity Integrated Backup Object Storage Platform New Higher-Value Offerings 20
  • 21. 21 User Productivity & Protection Higher-Value Offering: Mobile Workforce Productivity Enables authorized users to access corporate resources from any corporate or personal mobile device, PC or Mac while protecting data, applications, devices and identities Employee Owned/BYOD Corporate Owned Enterprise Applications Cloud Services • Endpoint protection • Corporate • Personal • Mobile device management • Mobile container • Mobile application Management • Enterprise app store • Endpoint encryption • Endpoint DLP • User authentication Integrated 21
  • 22. 22 Information Security Higher-Value Offering: Information Security Service Provides visibility into, and comprehensive protection from, advanced threats leveraging Symantec and 3rd-party products Enterprise Apps Symantec Security Offerings 3rd-Party Products and Tools Symantec Global Security Intelligence Network • Analysis • Correlation • Visibility • Dashboard • Threat Detection • Prioritization and Workflow • Incident Management • Risk Management Integrated 22
  • 23. 23 Information Management Higher-Value Offering: Business Continuity Applications Platforms Storage • Windows Backup • Unix/Linux Backup • Virtual Backup • Clustering • Virtual HA • Replication • Disaster Recovery • Service Orchestration Integrated Delivers high availability, performance, and scalability for business applications in virtual, private cloud environments 23
  • 24. 24 Simplified Go-to-Market (GTM) Strategy Customer Segment Commercial Norton Consumer and Small Business Enterprise Global • Global & Enterprise… Symantec direct + Customer led channel involvement • Channel-led… dedicated Symantec team support • Combination of direct through e-business and channel-led Applied “Right for GEO” manner 24
  • 25. 25 New Marketing and Sales Capabilities • Expanded high quality/ lower cost models - Telesales - e-Business - In product • New business growth - Field paid only on new over time - Separate renewals org • New global sales and partner enablement organization • New, enhanced partner program - More selective based on capabilities - Better enablement & Symantec support - New performance-based incentives • Expanded Marketing - Total customer experience - New centers of excellence - Strategic Pricing & Licensing Offerings Customers Beyond Current Point Products to Integrated Offerings Beyond Short-Term Bookings to Lasting Customer Value 25
  • 26. Organization Simplification Addressing spans and layers Executed in 3 waves Completed by July 26
  • 27. 27 Financial Objectives Organic growth of at least 5% in FY15-FY17 Planning on 5 quarters of transition Non-GAAP operating margins grow 200 bps in FY14 & FY15 Return approximately 50% of FCF to shareholders through dividends and share repurchases 27
  • 28. 28 How This Benefits Customers How They Want to Buy Right-for-Me Offerings Solve Bigger Problems Better and Easier 28
  • 29. 29 Contact Investor Relations Helyn Corcos Vice President (650)527-5523 hcorcos@symantec.com Shaila Vemuluri Manager (650)527-6273 shailaja_vemuluri@symantec.com Jared Christensen Manager (650)527-4536 jared_christensen@symantec.com 29