Cloud security business now contributes to almost 40% of Trend Micro India’s overall revenue
Mumbai, October 26, 2018 – CLOUDSEC India 2018, hosted by Trend Micro Incorporated (TYO: 4704; TSE:4704), attracted more than 650 business and technology leaders this year, making it one of the most important cybersecurity conferences in India. During the event, Trend Micro highlighted security-as-code and security automation as two important trends defining the future of cybersecurity. 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.
Trend Micro has seen tremendous growth in India this year, especially in its cloud security 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. New local customer acquisitions from 2017 to 2018 include the State Bank of India (SBI), the Syndicate Bank, Lupin Pharma, Bandhan Bank, PolicyBazaar, and Capillary Technologies, to name a few.
Addressing the crowd, Nilesh Jain, Vice President, Southeast Asia and India, Trend Micro said, “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.”
Celebrating its 30th anniversary this October, Trend Micro has always evolved with the industry and consistently expanded into new growth areas. Today, the company operates three major solution categories: hybrid cloud security, network defense, and endpoint security. At the same time, Trend Micro keeps a close pulse on emerging threats with the help of its threat research teams located across the world. For the next ten years, the company’s mission is to secure the connected world, giving enterprises the agility and freedom for adopting new technologies.
About CLOUDSEC
Founded in 2011, CLOUDSEC has established itself as a global community for cyber security experts and professionals. The CLOUDSEC tagline “Have a Safe Journey” aims to inspire technology professionals and users to embark on a continuous learning journey to explore and learn about industry trends, best practices, and new technologies to secure the digital infrastructures, and manage the technological risks of their organizations in safely supporting their corporate goals. For more information, please visit www.cloudsec.com.
About Trend Micro
Trend Micro Incorporated, a global leader in cybersecurity solutions, helps to make the world safe for exchanging digital information. Our innovative solutions for consumers, businesses, and governments provide layered security for data centers, cloud workloads, networks, and endpoints. All our products work together to seamlessly share threat intelligence and provide a connected threat defense with centralized visibility and investigation, enabling better, faster protection. With more than 6,000 employees in over 50 countries and the world’s most advanced global threat research and intelligence, Trend Micro enables organizations to secure their connected world. For more information, visit www.trendmicro.com.