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Rising Demand For App Security Sols In India, Radware Records 24.5% Growth In 2015

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Rising Demand For App Security Sols In India, Radware Records 24.5% Growth In 2015

In 2015, the cyber security and application delivery solutions provider Radware has registered an impressive growth of 24.5% growth over the previous year in India. There is an increase of 33% in client base and the revenue from the existing clients surged 11%.

Apps

The demand for application delivery controllers (ADC) and application security solutions are the growth drivers of Radware in India. “Rising demand from cloud and communications service providers, and prioritization of ADCs for IPv4-IPv6 address translation are the key driver of the application delivery and application security solutions market in India, as it is global. ADC market in India is expected to grow between 8 to 10 percent till 2018, and we intend to leverage upon this growth as well. We feel great about the fact that we have been able to understand the customers’ emerging requirements and serve them with the right kind of products,” commented Mr. Nikhil Taneja, Managing Director – India & SAARC, Radware about the revenue growth.

The company also experienced robust growth of 20% in its security solutions offering and 14% in its Application Delivery Controller (ADC) offerings.

Roy Zisapel, President, and Chief Executive Officer, Radware said, “We have remained committed to the India market for the past 14 years. Because of this dedication, along with our comprehensive application delivery and attack mitigation technology and customer-centric approach, we are in the perfect position to grow our market share in this region.”

In 2016, ADC and application security solution industry is expected to grow faster. Radware intends to solidify and strengthen its market position in 2016. Telecom, government, BFSI and enterprise sectors comprise its client base.

Ria Lakshman. V is a lead news writer at The Telecom Times. She studied Journalism at Manipal School of Communication and proceeded to work in newspapers and magazines, with technology as her focus area. Passionate about Telecommunications sector, her move to 'The Telecom Times' was a natural choice. Alongside, she also writes for Telecom Talk, where she covers news and tech commentaries in the sector of telecom. In the free time, Ria loves to go camping, read books, or sketch illustrations. She also runs a local design studio and promotes eco-friendly crafts. Ria can be found sharing her knowledge and insights on Twitter.

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