F-Secure focuses on SMB to double business in India

India: F-Secure, a Helsinki-based cyber security and privacy firm plans to double its operations in India by aggressively focusing on Small Medium Business (SMB) segment. The companies will focus on its corporate B2B segment which has reported the fastest growth in the past.

The company is operating in India from more than nine years. It has doubled its business in the country last year and planning to achieve the same in 2016. The company plans to expand its channel partner base in the country to meet the set target.

The company believes F-secure has to focus on Asia markets to have good growth. After establishing the foothold in Japan and HongKong markets, F-secure is set to expand its business in more countries such as India in the region.

The company official states, the SMBs are the important entity in the digital value chain. Hackers look for the weakest link and in most of the cases, SMBs become the target especially when they are supplier or sub-contractor of a larger firm.

According to TechSci Research, F-secure is catering to the larger market by targeting to the base of more than 50 million SMBs in India. After SMBs are actively spending and adopting security solutions, the company is expected to witness substantial growth in the country.

Asia-Pacific is rapidly emerging as a potential market for cyber security solution providers, driven by emerging economies such as India and China. Increasing spending in cyber security from IT industry and growing concerns of security from BFSI industry in India are anticipated to boost the demand for cyber security in the country; discusses the recent report “Global Cyber Security Market Forecast & Opportunities, 2020” published by TechSci Research.