Cyber Security Summit - NASSCOM Product Conclave 2015

Security product development, catering to information security and cyber security, is a critical element recognized by national level security initiatives in India. A mature ecosystem for security product development contributes in strengthening the cyber security posture of the country. This in turn helps in promoting a security culture in the country. Hon’ble Prime Minister Shri Narendra Modi, time and again, has also emphasized on the need to develop our capabilities in the domain of cyber security.

In recent past, Indian Security product companies have shown a great potential. Some companies started from incubation centres in academic institutions, in a very short span of time, have become self-sustaining. Some of these companies are now grown to a level where they reach out to different geographies of the globe and started export of their products and captured a significant market share. At present revenue of Indian cyber security industry stands at 4 billion USD and aspire to reach 35- 40 billion by 2025. It is also envisaged to build 1000+ successful security product companies from India.

To advance the ecosystem for product development in the country and to expedite the growth rate, it is imperative to understand the market conditions. Different factors impacting the industry, such as availability of the resources, culture of innovation adoption and market behaviour are the key parameters to derive the growth curve of the industry. Different drivers such as availability of the buyer, ease to enter the market, availability of funds to establish and grow, existence of a talent pool in the country and other favourable market dynamics are essential for the overall growth of the industry.

This Cyber Security Summit is a leap forward in bringing various stakeholders of this ecosystem together and set up a platform for discussion and deliberation to make the ecosystem more encouraging to emerge, conducive to nurture and favourable to grow.

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Oct 13- 14, 2015 | Time: 11:30- 11:30 |
Kaveri Hall Shangri-La Hotel
No.56-6B, Palace Road
560052 Bengaluru , KA