US network equipment maker Cisco is betting big on India as it sees massive growth opportunity in the country.
“Last year has been a record year for us. We have surpassed a good amount of growth rate and in Q4 we exited with about 20 percent growth on all the parameters, products and services both put together,” Vishak Raman, Director, Security, Cisco, says. “Both from IDC and Frost, we hold the market position of Number One. IDC has also reported Cisco’s 22 percent share in a market which is highly fragmented. To hold such market share and grow in this business is quite significant for us.”
Cisco is also ramping up its investments in the country by strengthening its channel partner.
“We are skilling the right level of channels and we also opened up Cyber Range, where we train people on real-life hacking environment, real-life simulation by simulating close to 100+ attacks in a 5-day program. Our Cyber Range Lab based in Gurugram offers training services to our customers on the latest attack scenarios and use cases. We have government agencies, public sector banks, manufacturing customers who get trained in these new cybersecurity skills. We are opening up our Network Operation Centre in Bengaluru,” Raman said.
Cisco also opened Security & Trust office recently where the company works closely with government agencies in terms of sharing Cisco Talos Threat intelligence. The company has close to about 1,000 R&D engineers (about 20 percent of their global deployment) in Bengaluru to detect these threats.
While Cisco for long has focused on selling its security hardware, increasing focus on software and services model is helping the company grow faster globally. And that’s happening even faster in India