SMBs in India to Spend $289M on Data Security This Year 17/9/2008

Bangalore: Small and medium businesses (SMBs, or companies with up to 999 employees) in India are on track to spend $289 million on security related investments this year, up a robust 32 percent over last year. Medium businesses (MBs or companies with 100 to 999 employees) are generating the majority of this increased demand accounting for 54 percent of the country’s total SMB security expenditure. Small businesses (SBs or companies with up to 99 employees) are also expected to have an almost equal share in the total India SMB security spending ...