WatchGuard releases its Q2 2013 result

22nd August 2013 | By Mouseworld Now Correspondent |

New Delhi, India, August 22, 2013: WatchGuard Technologies, a global player in manageable business security solutions registered impressive growth both in YoY and quarterly figures across APAC region. The Q2 2013 figures displayed the continued recognition of the WatchGuard brand and its new products with APAC posting a 21% YoY growth.

The newly released star products for Q2 2013 were the XTM 800, 1500 and 2500 that are designed to meet the needs of today’s enterprise customers with up to 35Gbps firewall throughput. The quarter also marked the launch of its new Wireless Access Points with several hundreds of units sold across APAC as businesses struggled to provide the same security and protection for the wireless network as they do for their existing wired physical network.

As per company statement, South East Asia (SEA) experienced the highest YoY growth in the region with 55 per cent increase in sales. Scott Robertson, VP APAC at WatchGuard Technologies attributes the significant increase in demand to several factors including the new release products and the company’s investment in staff to support local markets. “The largest growth was experienced in the mid-sized enterprise sector of 500-5000 employees where WatchGuard’s robust and scalable security solutions allow significant cost savings without compromising on performance compared to stand alone point solutions,” he said.

India with a 37 per cent YoY growth saw the emergence of WatchGuard beyond its market hold across SME segment. Multiple big wins across large organizations helped this region achieve a 192 per cent growth in the enterprise business. The new smart firewalls released by WatchGuard set new standards in UTM’s capabilities to service the needs of verticals including Utilities, Education and Banking and Financial Services sector in the India market.

“WatchGuard has experienced a significant increase in demand across the horizon of its product lines in Q2 2013, which is a testament to the company’s commitment to continuous improvement and a willingness to listen to the needs of its customers”, said Robertson.

WatchGuard’s UTM solutions offer cost savings and uncompromising performance that are demanded by businesses across the board. WatchGuard incorporating world’s fastest processors from Intel and Freescale that give our UTM solutions the power they need to run all of their engines in parallel without causing a bottleneck in performance. Plus, it gives us ‘head room’ to add future UTM engines as security trends demand,” said Robertson at WatchGuard Technologies.

 

© Mouseworld Now News Service

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