Nasscom DSCI Annual Information Security Summit
The emergence of cybersecurity startups has continued unabated as entrepreneurs vie for corporate customers seeking new technologies to battle ever-increasing and innovative attackers.
The expertise of these new companies ranges from various improvements to encryption products to analyzing the wealth of security-incident data gathered from networks to gear that detects the potentially malicious wireless activity of Internet of Things devices.
But is expertise with a killer idea only success criteria? The number of these companies in this space has increased substantially over the past few years. Some companies that started from incubation centers in academic institutions have been able to self-sustain in a very short span of time. Some of these have grown and reached out to different geographies with their products and have captured a significant market share while others do not see the light of the day
Various feature such as scalability of existing capabilities and the ability to diversify the array of solutions offered to the stakeholders holds the key to the survival and expansion of Security Product companies. Innovation to meet the market demand in an efficient and effective manner is another critical factor to the success of some of the organizations.
Curiosity raises a question that Why something works and others do not? What the key drivers and factors for success?
Budding entrepreneurs who are embarking on this journey may find the panel deliberation on these questions and valuable experience sharing, insightful and beneficial.