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Growth in Azerbaijan's information security market hits 20-30 percent per year

ICT Materials 9 April 2011 13:40 (UTC +04:00)

Azerbaijan, Baku, April 9 / Trend H. Valiyev /

The annual growth in Azerbaijan's information security market hits 20-30 percent, Headtechnology Azerbaijan director Nazim Sofi-Zadeh.

He said that the potential of Azerbaijan's information security market is very high. It is stipulated by the current trends in the global market, which are also characteristic for the Azerbaijani market. It deals with the growing threat of information security, SPAM, data leakage, etc.

The main area is the financial sector. Special attention is paid to the information security system.

The most popular product in the financial sector is the product Spector 360. It allows to quickly get information on the trends of using the web-sites, e-mail and e-mail, instant messages and chat, operations with documents, keyboarding, etc.

"Perhaps, the market growth may stop in five or six years," he said. However, its stability will be maintained. We started our activity in the Azerbaijani software market during the global financial crisis. During this period, many companies are trying to survive. They reduced their costs as opposed to the players of the financial sector. They focus on information security. The banks were active during the global financial crisis. The International Bank of Azerbaijan is among our largest customers. It uses more than 8 different types of programs."

He said that the next boom is expected to happen in the telecommunications industry. At present, Azerbaijani Internet service providers and telecommunications operators pay great interest in using the protection systems.

Pharmaceutical companies pay great interest in implementing the information security systems.

Headtechnology's long-term plans include expanding of partnership network. At present, AZEL, RISK, Jet Infosystems and Softline Azerbaijan represent the company's interests in the Azerbaijani market.

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