Financial Daily from THE HINDU group of publications
Thursday, Sep 23, 2004
Financial Daily from THE HINDU group of publications Thursday, Sep 23, 2004 |
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Info-Tech
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Off-shore Development PortWise plans global support centre in India V. Rishi Kumar
Hyderabad , Sept. 22 PORTWISE AB, a Swedish security solutions provider, is eyeing the growing Asia Pacific regionto tap the security market projected to touch about $ 1 billion by 2005. The company is actively engaged in growing the Indian market which is set for boom times given the addition of about 1.5 million phones a month. Having chosen local business partners, it is in the process of firming up plans for setting up a global support-cum-solutions centre in the country to reach out its SSL VPN (secure socket layer virtual private network) solutions, said the President of Strategic Development and Co-Founder of PortWise AB, Mr Kaushik Thakkar. India contributes 10 per cent-15 per cent of revenues from Asia which, in turn, contributes 5 per cent to PortWise turnover.
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