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HomeNewsEnterprise ITNetwork Intelligence witnesses 48% growth in FY 2017-18

Network Intelligence witnesses 48% growth in FY 2017-18

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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.

Google News

Riding the wave of rapidly increasing demand in , – 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 , 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, E-commerce, Oil Gas and Power space. In mid-2017, the company set up 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 it is already making big inroads.

Besides, globally launching its in-house developed Automated Solution for Firewall Analysis & Configuration Management – Firesec and it's Big Data Security Analytics Platform – Insights, in 2018-19, the company plans to introduce new security services including Cyber Range; Critical Infrastructure; Cyber Insurance; and Identity and Access Management.

“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 for 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,” said CEO of the company, K. K. Mookhey.

Network Intelligence (NII) is a global cybersecurity services provider. It was founded by K K Mookhey, in 2001 with an office in Mumbai. Today NII has more than 400 team members and has offices in 5 cities of India, UAE, and USA. NII offers services across 3 broad spectrums i.e Assessment, Remediation and Management. NII's recent foray has been in setting up its own 50 seater state of the art Security Operations Centre (SOC) in Mumbai. NII has been servicing customers since the last 16 years across large banks, IT & ITES companies, Oil & Power conglomerates, airlines, ecommerce portals, Retail among others.

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M Kalam
M Kalam
M Kalam covers technology and e-goverance for TechObserver.in.
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