McAfee may head into UTM space

By Vivian Yeo, ZDNet Asia
Thursday, February 05, 2009 07:00 PM

SINGAPORE--Security vendor McAfee's push into the unified threat management (UTM) space will not be a surprise, if it materializes, according to a senior Asia-Pacific executive.

Steve Redman, McAfee's president for the Asia-Pacific region, told ZDNet Asia in an interview Thursday that the company's acquisition of Secure Computing has lent it some elements of UTM.

Acquisitions that McAfee is currently looking at, he added, could also beef up its UTM capabilities, he said on the sidelines of the McAfee Partner Forum held in the island-state.

According to Redman, out of McAfee's last 30 or so acquisitions, the purchase of Secure Computing was probably the one that made most sense to customers. Product integration has also been completed, making the company "18 months ahead in terms of proper integrated portfolio", he said, noting that a competitor had indicated a timeframe of two years for full integration. The acquisition was completed last November.

Citing market studies McAfee conducted, Redman noted that the company's addressable security market opportunity in the Asia-Pacific region for 2009 would be worth about US$1.8 billion. The company expects to have about 10 percent share of the pie, and is targeting more of its revenue growth from the enterprise segment.

In addition, while its research has shown that the region's security services market is worth about US$1.4 billion, McAfee does not intend to become "an IBM", he pointed out. Instead, it prefers its partners to take on the role of services provision.

McAfee's focus for the year, said Redman, will not so much be to milk new business from existing clients but to go on the offensive to secure business from its competition. The company grew its regional business 24 percent year-on-year in 2008; its Southeast Asian market grew by 50 percent.

Apart from beefing up its partner program, McAfee will become more aggressive in terms of pricing, Redman added. The "region-based pricing project" could see McAfee apply special discounts in specific verticals to close large deals, he explained.

Within the Asia-Pacific region, McAfee plans to increase its headcount by over 40 personnel, said Redman. Most of the new hires will be field sales representatives focused on mid-market opportunities, he said, adding that hiring activity will be more significant in the markets of China, India, Indonesia, Malaysia and the Philippines.


WORTHWHILE?

0

0 votes
Blog

Talkback 0 comments

There are currently no comments for this post.


Tech Jobs Now!

Search for your ideal tech job:

Hands-on programming: Extract plain text from documents with Syncfusion's components

Web Development

Justin James recently tried Syncfusion's Essential DocIO and Essential PDF to help him extract text from documents he downloaded from the Internet. Here's the code he wrote to get the plain text.


Read more »



Will technology divide us further?

Blog thumbnail

So I finally watched 2012 over the weekend, but the film left me feeling extremely agitated.

The possibility that the world may meet its watery end in three years didn't..... by Eileen Yu

Read more »

Tags

  1. attack
  2. authentication and encryption
  3. blog
  4. data security
  5. e - mail
  6. hacking
  7. internet
  8. malware
  9. microsoft corp.
  10. network
  11. network security
  12. pc security
  13. researcher
  14. security
  15. security management
  16. software
  17. spam and phishing
  18. symantec corp.
  19. viruses and worms
  20. web