Riding the wave of rapidly increasing demand in cybersecurity, Network Intelligence – a global cybersecurity firm saw its business grow by 48% over the previous year.
The company saw a 100% increase in its managed security services plus a strong 100% customer retention for all of their annual contracts. The big wins of the year comprised many multinational organisations availing the SOC services of the company. In the Middle East, the company by a strong 60% YoY, making it one of the most successful years for the company. Globally, Network Intelligence has amongst its clients, leaders in the BFSI, IT&ITES, Ecommerce, Oil Gas and Power space. In mid-2017, the company setup an office in the USA and has seen regular business coming in from the region. Recently, the company opened its Singapore office to service the fast-growing Asia Pacific market and its already making big inroads.
Besides, globally launching its inhouse developed Automated Solution for Firewall Analysis & Configuration Management – Firesec™ and its Big Data Security Analytics Platform – Insights™, in 2018-19, the company plans to introduce new security services including:
- Cyber Range
- Critical Infrastructure
- Cyber Insurance
- Identity and Access Management
Speaking on the growth of the business, the CEO of the company, K. K. Mookhey said that “This company started as a one-man show way back in 2001. Today we are 430+ people with a global footprint and consistently growing at 40-50% CAGR. With an increased demand in security as a service and strong push of cybersecurity compliances, we aim to achieve similar growth levels in the foreseeable future. The region’s cybersecurity market is expected to breach the USD 30 billion mark by 2020 and our goal is to have a significant share of that pie.”