Home Just In SonicWall reports Double-digit growth in revenue in India

SonicWall reports Double-digit growth in revenue in India


SonicWall has announced that 2021 was its best year on record. Propelled by the delivery of high-demand products, including the evolution of its Generation 7 next-generation firewalls and a laser focus on its customers, SonicWall delivered record levels of sales and profitability in 2021.

“An unwavering commitment to SonicWall customers has had a major impact on the last 12 months of business,” said SonicWall President and CEO Bill Conner. “We have more than 17,000 active SonicWall partners helping protect our customers every day, and those same partners have increased market share in key price bands and market segments, confirming SonicWall’s place as one of the unquestioned leaders in the cybersecurity space.”

Despite a difficult economic climate, the company posted strong financial results strengthening its pipeline growth, including a 33% increase in new customer growth and generating a 45% increase in new customer sales. Additionally, SonicWall has seen incredible growth in cloud-delivered products and services, which are up 36% year-over-year. Plus, new Generation 7 products have represented 90% of sales over the past year.

Boundless 2022: The Benchmark of Partner Enablement

Created and produced exclusively for SonicWall partners, Boundless 2022 — the company’s global virtual partner experience — provided unparalleled content, insight and expert analysis to help partners succeed in 2022 and beyond. The attendance for the event was up 16% to the previous years, with over 47,000 live reactions throughout the content.

At Boundless 2022, SonicWall applauded its partners for the following successes in 2021:

  • Double-digit growth across all customer segments, from SMBs to enterprise and government customers
  • Over 90% customer retention rate
  • 10% increase in partner annual recurring revenue
  • 34% growth in new customer unit volume, with a 40% increase in per-transaction value
  • 24% increase in the creation of new deal registrations

“No question we had a record-setting year,” said SonicWall Chief Revenue Officer Bob VanKirk. “What’s equally important is that 2021 was a record-setting year for many of our partners. We continue to be completely committed to our channel and our go-to-market model, welcoming over 5,000 new partners last year alone due to SonicWall’s momentum and strong value proposition.”

“The past year was an important chapter in our journey, especially in the creation of numerous and successful product generations while navigating the fast-moving global threat landscape,” said Debasish Mukherjee, Vice President, Regional Sales-APAC at SonicWall. “Our mission to provide technology that is as affordable and effective, still remains unchanged today – and we will continue to stay one step ahead to safeguard the needs of our customers, partners and growing networks across the 215 countries and territories.”

Recommended for You

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Close Read More

See Ads