The growth was mainly driven by large projects in BFSI and Government sectors, making India the fastest growing region for the company in 2015-16
BENGALURU, India – June 28, 2016
Array Networks Inc., a global leader in application delivery networking, proudly announced year-on-year revenue growth of 58% for financial year 2015-16. Cruising with impressive growth in revenues, the company added 125 new clients predominantly from the government and BFSI sectors. Array Networks not only managed to serve some leading nationalized banks, but also delivered solutions for major government projects. Among the solutions, WAN optimization and ADCs contributed to a major chunk of business during 2015-16.
Mr Shibu Paul, Regional Sales Director – India, ME and SEA at Array Networks said, “Our revenue growth figures are a reflection of our dedicated efforts. In the past one year, we not only received many awards for our services, but also got recognized by leading research firms. These achievements have helped establish us in a leadership position in the Indian market.”
With the launch of WAF in India, Array Networks is eyeing to gain more business opportunities. It is also looking at increasing its contribution in the government’s ‘Make in India’ initiative. Array Networks’ India unit was also lauded for its ‘ideal leadership’ and got recognition as the ‘Best Performing Region of the Year’ in 2015.
“Our investment in local TAC, RMA and technical resources turned out to be the biggest winners for us last year. As an organization, we will continue to strive hard to offer the best-in-class solutions to the industry.” he added.
Over the next 12 months, Array Networks will continue to focus on government projects, and will work towards ramping up its service delivery model. Array Networks enhances network availability, performance and security with solutions like application load balancing, IPv6 gateway, SSL accelerators, WAN accelerators and access gateways.
About Array Networks
Array Networks is a global leader in application delivery networking with over 5000 worldwide customer deployments. Powered by award-winning SpeedCore® software, Array solutions are recognized by leading enterprise, service provider and public sector organizations for unmatched performance and total value of ownership. Array is headquartered in Silicon Valley, is backed by over 250 employees worldwide and is a profitable company with strong investors, management and revenue growth. Poised to capitalize on explosive growth in the areas of mobile and cloud computing, analysts and thought leaders including Deloitte, Red Herring and Frost & Sullivan have recognized Array Networks for its technical innovation, operational excellence and market opportunity.