Elitecore Technologies’ Cyberoam announced that market research firm IDC has ranked it as the No.1 UTM appliance vendor in India based on factory revenue figures for Q 32010.
According to data released in IDC's India Quarterly Security Appliance Tracker, Q3 2010, December 2010, Cyberoam gained substantial marketshare over its competitors to become the leader in the India UTM appliance market in terms of factory revenue. Cyberoam recorded factory revenues of US$ 2.71 million out of a total India UTM appliance market size of US$ 11.52 million during Q3 2010, representing a 23.5% market share.
Said Tushar Sighat, Vice-President - Operations, Cyberoam, “For last two years, Cyberoam has been breezing ahead in its growth momentum with continued demand for its UTM appliances. Clearly, it reflects our ability to meet the growing requirements among SMBs and enterprises for comprehensive security through multiple product ranges and latest feature-packed versions of UTM. Also, full credit goes to our well-defined channels strategy, pricing and top-quality support.”
Acknowledging the role of channel partners in shaping the latest growth story, Tushar further added, “We thank our channel partners and customers for the great support provided, and for showing their confidence in an Indian product – Cyberoam. With our present achievement, we are confident in retaining the No.1 position while acknowledging the great responsibility that comes with being a leader. We will endeavour to fulfil the expectations of our customers with continuous product innovations and marketing strategies to reinforce our position further in the UTM space.”