Page 5 - DATA BREACH EDITION - SNS INDIA
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When  SNS  India  commenced  its  journey,  most  “Best  Partner  of  India”  award  from  top  security
      people  were  not  aware  of  data  security.  Many  vendors across the globe.
      laughed  at  their  idea  of  focusing  only  on  data   One of their biggest achievements has been that
      security. But today, data security, which has now        they  never  defaulted  on  their  employees  &

      evolved  into  cyber  security,  is  discussed           distributors  in  all  these  years  and  have  never
      e v e r y w h e r e ,   e s p e c i a l l y   i n   t h e   c o m p a n y   sought the support of any Venture Capitalist either.
      boardrooms.
                                                               In a chat with Digitaltech Media, N.K Mehta outlines
      Since its inception, SNS has expanded from a head        how his company SNS is known for its unparalleled
      office in Chennai to 10 other branch locations. The       commitments in the industry and why maintaining

      company has grown from just one client to 1500+          financial  discipline  has  been  one  of  his  biggest
      customers  today.  They  have  also  won  many           lessons during these 22 years.
      awards & accolades, including the -


      Read the edited excerpts below.

      You  recently  completed  22  years  in  the  industry.  Making  our  team  believe  in  our  commitment  to
      What  or  Who  do  you  think  has  been  the  biggest  creating a future was also a significant challenge.But
      contributor to your success?                             those who believed in us are some of the big shots in
      Our first  customer is  the biggest  contributor to our   the  security  domain  today.  They  are  either  at  top
      success,  undoubtedly.  When  we  received  our  first    spots in leading MNCs or  are holding top positions in
      order, we lacked local market experience. If they had    SNS itself.
      asked  for  three  years  of  audited  balance  sheets,  Apart from this, finance management at the time of
      customer references, etc., we wouldn't have reached  executing  large  orders  was  also  a  huge  challenge.
      where we have today. But by then, we knew that we  There was very little room to expand on our own. We
      were entering a niche field and had put up a good  would have grown multi-fold if we had received the
      team too. But the first order opened many doors for  kind of credit banks and distributors are extending to
      us, and today we are happy to have 1500+ customers.      new entrants today.

                                                               How  has  the  cybersecurity  market  transformed
      Of course, the team who believed in us while we were
                                                               over  the  years?  How  do  you  plan  to  scale  your
      new and stayed with us during our initial struggles
                                                               cybersecurity business/focus in the days to come?
      deserves equal credit. Our decision to focus only on
      data protection & cyber security 22 years back was  We owe it to our founders who had this vision to set up

      also a major differentiating factor.                     a  Cybersecurity  focused  System  Integration
                                                               business. When we started in 2000, desktop anti-virus
      What  were  some  of  the  roadblocks  that  you
                                                               was the only security, which we never wanted to do
      encountered on the path to success?
                                                               anyway. We were focused on perimeter security, and
      As mentioned earlier, people laughed at us when we
                                                               there  weren't  any  Security  OEMs  present  in  the
      wanted  to  focus  only  on  Data  &  Network  Security.
                                                               country around that time.
      Besides,  it  was  difficult  to  convince  the  customers,
                                                               Today,  the  cybersecurity  industry  has  transformed
      and  banks  weren't  willing  to  fund  us  either.
                                                               itself  into  a  multi-trillion-dollar  business.  Overall,
      Additionally, distributors refused to extend credit lines
                                                               Global  TAM  for  Security  is  huge  and  encouraging.
      since we were new in the market. Besides, there was
                                                               With  such  a  TAM,  you  don't  need  to  do  anything
      no VC money available during that period.
                                                               dramatic. Just remain focused and build skills while
                                                               the market takes you to newer heights.

                                                                                                                  March 2023
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