Airtel invests Rs 100 crore to launch security intelligence center; forms cyber security tie-ups with global vendors
Utkal post Bureau:
Bharti Airtel has formally launched its security intelligence center with an invest
ment of Rs 100 crore and has entered into partnerships withCisco,Vmware,Radware and Force point to expand advanced cyber security solutions for business customers.
“We have financial discipline for our business and at same time we don’t shy away from making fresh investments. We will keep making investments in tech, people, tools and partnership. We have made investments already and will continue to invest as business scales,” Gopal Vittal, MD & CEO (India and South Asia), Bharti Airtel said while replying to ET’s queries during the virtual conference.
“They will work with other partners but certain products will be unique. Radware will have a scrubbing center for data in India which is exclusive to us. This is a way of keeping everything within India. As we convert customers to subscription models, some products will be exclusive,” she said.
Radware’s scrubbing center is India’s first such center and is hosted on Nxtra Data’s infrastructure in Chennai. “We as an Indian company are bringing investment together to the country.”
Airtel has already on-boarded 25 customers via Airtel Secure and its new center, and is planning to add more customers in coming days across large, medium and small enterprises. “This is time for us to go more widely and we will onboard more customers. Security is a strategic issue for companies,” Vittal said.
Vittal said that the cyber security market is likely to be $13-15 billion in next 5 years. “It’s a large and growing market and the Covid-19 has triggered digital adoption and transformation. Most of our enterprise customers are grappling with how the new architecture is taking place. A large banking customer says that they will need more people working from home in the next 3 years. So, the task is how to secure them. The market is going to grow. Digital acceleration will drive need for security as threats are increasing. We have a critical role to play in enterprise customers,” he added.