Trend Micro 40% revenue in India comes from cloud security business, says India boss Nilesh Jain

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Krishnamurty M
Krishnamurty M
Krishnamurty M covers education for TechObserver.in.

The cybersecurity firm said it has seen tremendous growth this year, especially in its business, which now contributes to nearly 40% of its overall revenue in the country. “The company observes strong uptake of private cloud from the banking, financial services and insurance (BFSI) sector and that of public cloud from manufacturing, e-commerce, IT and IT-enabled Services (ITeS) sectors, and born-in-the-cloud businesses,” said a senior executive.

“India presents a huge and strategic opportunity for our business, and we will continue to invest in the country. In fact, early next year, we will be launching a Certification Program in IT Security (CPITS) in India. The program aims to equip recent computer science graduates with hands-on experience and skills, helping them kickstart a career in the cybersecurity industry with Trend Micro. We have successfully run CPITS in Egypt and Brazil, and India will be the first Asian testbed for this exciting initiative,” said Nilesh Jain, Vice President, Southeast Asia and India, Trend Micro.

The Japanese firm informed that new local customer acquisitions from 2017 to 2018 in India include the State Bank of India (SBI), the Syndicate Bank, Lupin Pharma, Bandhan Bank, PolicyBazaar, and Capillary Technologies.

During it recently held CLOUDSEC India 2018 event in Mumbai, the cybersecurity firm pushes for security-as-code and security automation as two important trends that it says will define the future of cybersecurity. The company asserted that these two trends are in line with application development in the cloud computing era. “By moving security into the early stages of the development lifecycle – or implementing DevSecOps, bugs can be discovered and fixed quickly before they make it to production,” said Trend Micro.

“With application development in the cloud computing era changing the dynamics, the security aspects are also evolving. The security into the early stages of the development lifecycle or implementing DevSecOps, bugs can be discovered and fixed quickly before they make it to production. Security-as-code and security automation will drive these changes,” said Jain.

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