SingTel signs Symantec for cloud security

Melissa Chua
telecomasia.net
SingTel has added to its suite of cloud-based services via a tie-up with Symantec.
 
The carrier, whose cloud portfolio includes products developed in collaboration with with SAP, Google and over 2,500 software houses, is targeting both large enterprises and SMBs with its latest security offering.
 
Dubbed PowerON Security, the suite consists of cloud-based email, Web and endpoint security products from Symantec. Subscriptions are offered on a monthly basis with prices starting at $3 per user per protection type.
 
According to SingTel’s cost savings calculation, a 300-user company subscribed to the cloud-based email security service could achieve up to 75% savings over 3 years.
 
Executive vice president of SingTel’s Business Group Bill Chang cited the growing mobile workforce and companies’ inability to keep up on the security front as reasons behind SingTel’s latest partnership. A Symantec survey that studied the state of enterprise security found 20% of the 300 Singapore businesses surveyed incurred expenses totaling some $100,000 from attacks last year.
 
SingTel has some 150,000 cloud users to date and Chang said the carrier aims to grow its cloud segment at a larger than 50% CAGR over the next 3 years. SingTel’s announcement is the latest in a flurry of cloud based services that telcos in the region have rolled out over the past year.

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