Q2 Demand hikes for WatchGuard XTM Products

WatchGuard has revealed that its Q2 billings overall grew 16-per cent year-over-year (YOY) and 18-per cent YOY for its core firewall and Unified Threat Management (UTM) products. 

In India, WatchGuard has witnessed a substantial uptake of their enterprise solutions with a 219% growth in 8 series and above. Enterprise solutions have been yielding affirmative results for the users and observed a noteworthy development, says the company official.

This is the sixth straight quarter when WatchGuard’s core products have achieved double-digit growth, averaging 16 per cent year-over-year during that time.

Richard Barber, CFO, WatchGuard Technologies, said, “We have been able to double, and in many cases triple, our performance with the recent hardware refresh of our XTM 5 series products. And while WatchGuard’s clients continue to expect the best in performance, IT professionals look to us for real world security solutions which make it easier for them to manage their network security without the high expense associated with other solutions in the market.”