Orient Technologies Expands Cybersecurity with $3.15M Securonix Contract
Orient Technologies Limited is significantly expanding its cybersecurity business by entering into a three-year, USD 3.15 million contract with Securonix. This strategic move positions Orient as Securonix's exclusive Value-Added Distributor and joint go-to-market partner in India. The company plans additional investments, bringing the total investment to approximately USD 5 million, to support hiring around 100 cybersecurity professionals, partner enablement, and a targeted 12% expansion in its cybersecurity customer base. This initiative aims to create an end-to-end cybersecurity model, enhancing Orient's capabilities in implementation, professional services, technical support, managed security, and SOC enablement, thereby strengthening its position in the enterprise security market.
Key Highlights
- Secured a 3-year, $3.15M contract with Securonix to expand cybersecurity business.
- Total investment to reach approximately $5M, including hiring 100 professionals.
- Appointed exclusive VAD and joint go-to-market partner for Securonix in India.
- Aims for 12% growth in cybersecurity customer base and enhanced service offerings.
Price Impact
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