Advertisment

Trend Micro accelerates its expansion plans

author-image
CIOL Bureau
Updated On
New Update

NEW DELHI: Trend Micro Inc, a company dealing in network antivirus and

Internet content security solutions, has reinforced its commitment to the Indian

market. Trend recently set up a liaison office in Mumbai. The company has plans

to expand to other metro by May 2001. Other plans include the undertaking of an

aggressive brand building exercise, organizing road shows and end user seminar's

to educate corporates and end users on the criticality of security. In addition,

Trend Micro plans to increase its channel strength by providing training and

incentive programs for channel partners.

Advertisment

IDC estimates that the Asia/Pacific market for packaged security software

will grow at a compound annual growth (CAGR) of 63 per cent to reach $ 3,323

million in 2004. AV software market in parallel is increasing at a 17 per cent

CAGR from 1999 to 2004, reaching 42.7 billion.

"Direct entry into a new market is a well thought out decision and we

believe that the time is right to enter the Indian market now. We are very

positive about the market here and plan to capture 75 percent of the Internet

gateway antivirus market ", said, South East Asia and South Asia managing

director, Frank Leu.

Trend Micro provides technical and product support to India and the rest of

Asia 'round the clock' from a dedicated regional service center called TrendLab

in Metro Manila, Philippines.

tech-news