IT security firm nForce targets 15% revenue growth in 2017 

WEDNESDAY, MARCH 22, 2017
IT security firm nForce targets 15% revenue growth in 2017 

nForce Secure has revealed its business plans for 2017, with the focus on expanding its market reach and offering new security products for all segments in response to the government’s Thailand 4.0 digital economy policy. 

The company expects to increase its revenue by 15 per cent this year.
Nakrop Niamnamtham, managing director of nForce, said last year the company successfully attained its business goals with 12 per cent growth in revenue. As IT security becomes more complicated, enterprises therefore need help from sales and technical support professionals, he said. nForce Secure has a team of technical professionals who provide support to its partners and customers both locally and internationally, he said, adding that the company's “well-trained” staff have achieved relevant certifications in the Asia Pacific region.
For 2017, nForce Secure plans to expand its market reach and add new products to its IT security portfolio in order to satisfy customer requirements in each segment. The company said it is equipped with a team of support professionals who can provide 24/7 assistance or troubleshooting to customers. 
“We have added proven, cutting-edge products from leading security solution providers such as SOLUS (multi-factor authentication with behavioural biometrics, eyeprint recognition and scrambled pin-pad), Menlo Security (cloud-based malware isolation technology), and Symantec, which recently took over Bluecoat and Data Locker and provides mobile encryption solution. We will mainly target security organisations such as military, police, and senior executives who need to protect important information,” Nakrop said.
According to Nakrop, the hot security products in 2017 will include security solutions for data centres, especially traffic visibility that enables the traffic to be analysed and measured. These solutions address the requirements of data centres or businesses that use and/or provide cloud services, both private and public, with an increasing number of users, he said.
He said this year there will be significant changes in software market, especially for endpoint security, although there were not many changes in this area during the last six years. 
“As we can see, new players have entered the market, offering security solutions that can prevent new types of malware,” he said. “Today, the competition becomes more intense with over 20 players in the market, as all devices – mobiles, desktops and notebooks – need to be protected with endpoint security. 
“At present, the most efficient solution for this segment is the Next-Gen Endpoint Security solution, which can recognise and learn about users' behaviours and provide cross-platform capabilities for various devices including identity management. As cloud adoption is increasing, it becomes more difficult to authenticate users. Password-based authentication is not secure enough because passwords can be stolen. Therefore, accurate and sophisticated authentication techniques are needed. Customers may use two-factor authentication with token and biometric verification.”