BFSI helps Array to add over $1 mn to kitty

BENGALURU: Array Networks, an application delivery networking solutions provider, has added 30 new BFSI customers in the first quarter of 2015-16, which contributed over one million dollars in terms of revenues in the first quarter of the year.

The company secured one of its biggest banking orders worth about $750,000 from a nationalized bank in South India

It currently derives 50% of its revenues from the BFSI sector followed by other key focus areas like Government, PSUs, manufacturing and service providers.

Array Networks is also working with multiple applications vendors to create an innovative solution stack for optimized application and network services.

Shibu Paul, Regional Sales Director, India, ME and SEA at Array Networks said, "We are pleased to serve one of the biggest banks in India with our core banking services including ADC, IPv6 and WAN Optimization. We want to reach out to more BFSI customers and further increase our revenues from this sector. We are excited to deliver our customized solution and believe that Array's solutions will deliver the required business agility for them to grow."

To cater to new banking challenges, Array Networks deploys networking products like WAN Optimization, ADC, Access gateways, and security solutions.

"We are expecting substantial innovations in the banking sector which would help banks to meet the demands of online and mobile banking services. To enhance the core banking services, we have deployed our WAN Optimization solutions in association with one of the largest application vendor in this space. Banks need to adopt new IT solutions to address the upcoming new challenges," he added.