Terraeagle Technologies is thrilled to unveil its expansion plans into the Australian and New Zealand regions, which will be a significant leap in its global growth ambitions. This move underscores the company’s unwavering commitment to delivering top-tier cybersecurity solutions to various industries worldwide.
Established in India, Bahrain, and the USA, Terraeagle’s growth is buoyed by a recent collaborative agreement under the Australia-India Economic Cooperation and Trade Agreement. Signed by the Department of Enterprise, Investment, and Trade (DEIT), Government of India, NASSCOM, and Business NSW, the agreement facilitates market access for leading technology firms in both countries. As the only cybersecurity provider in this initiative, Terraeagle will set up its base in the Sydney Startup Hub, reinforcing the strategic cybersecurity alliance between India and Australia to enhance the digital security landscape in both nations.
Aditya P S, Founder and Chairman of Terraeagle Technologies, expressed his enthusiasm about the expansion. “The ANZ region offers a dynamic and vast market landscape. This expansion will extend our global footprint and introduce our channel program to these countries. We are eager to collaborate with local partners to provide cutting-edge cybersecurity services.”
The urgency for advanced cybersecurity measures in Australia is highlighted by recent large-scale cyber-attacks that have affected millions, underscoring the critical need for robust digital defences. In response to this, Terraeagle is poised to deliver its expertise and cost-effective solutions to help protect Australian and New Zealand entities.
The company’s entry into this market is timed with the growing demand for cybersecurity, as highlighted by a report from Causticizer, which predicts that the Australian cybersecurity market will expand by USD 5.8 billion by 2024.
Shivendra Singh, Nasscom Vice President and Head of Global Trade Development, remarked, “Terraeagle’s inclusion in the Nasscom-NSW Launchpad is a significant step for our cybersecurity initiatives in the ANZ market. We look forward to supporting their establishment and integration into the Australian market.”
Terraeagle’s suite of services, including SOCaaS, MDRaaS, Incident Response Eagle Retainer, and Governance and Compliance solutions, positions it as a formidable player in the global cybersecurity arena, offering comprehensive services that merge global expertise with local compliance needs.