WatchGuard Technologies has announced its Q3 financial results which continued a seven-quarter trend of double-digit year-over-year (YoY) growth. WatchGuard India business is growing consistently and recorded 18% growth in Q3 ’12 over Q2’12 with 9% YoY increase. Driven by demand for WatchGuard’s core firewall and Unified Threat Management (UTM) products, the Asia Pacific (APAC) region and the Americas saw YoY gains of 42% and 17% respectively.
While other UTM vendors have reported YoY decline in Q3 revenues, WatchGuard’s growth trend continues with 13% overall in UTM. Its enterprise-class products XTM 8, 10, and 20 Series, targeted at mid-sized and large distributed enterprises, showed a significantly higher rate of growth.
The company is adding a new cloud-based configuration utility “RapidDeploy” – that eliminates the need for IT security professionals to pre-configure devices or travel to the deployment site for installation. Further it announced that it is the first UTM security appliance vendor to offer a firewall.
“In India, we have witnessed a substantial uptake of our enterprise solutions with a 219% growth in 8 series and above. The newly emerging high-performance platforms and our high-selling 5 Series have demonstrated our performance level competently in Q3. We are affirmative that with the launch of this secure and comprehensive cloud-based management solution, we will be able to maintain persistence in our growth levels in future,” said Mohit Puri, Country Manager, India & SAARC, WatchGuard.
With RapidDeploy, no IT or network security expertise is needed on site to securely install and deploy a WatchGuard appliance. WatchGuard credits much of its Q3 success to its newly updated XTM 5 Series UTM appliances.
