KUALA LUMPUR, Malaysia — 6 June 2023 — ManageEngine, the enterprise IT management division of Zoho Corporation, today announced its commitment to achieving a target growth of 30% year-on-year (YOY) through strategic investments in the Southeast Asia region over the next five years. The company aims to capitalise on the region's potential as a hyper-growth market and build upon its already established customer base of over 5,000 organisations in the region.
To support its growth objectives, ManageEngine plans to ramp up its hiring efforts in the top five markets of Malaysia, Indonesia, Singapore, Thailand and Vietnam. The organisation aims to strengthen its presence and deepen its relationships with customers in these key markets by investing in local talent.
"Malaysian businesses are realising the benefits of digitisation and have a healthy digital-first population," said Arun Kumar, regional director for Asia Pacific at ManageEngine. "They also recognise the need for protecting their assets from cyberthreats. We aim to empower Malaysian businesses with the necessary tools and technologies to safeguard their digital assets, protect sensitive information and maintain a secure IT environment."
Changing the IT Landscape in Malaysia
According to ManageEngine's recent survey, "IT at Work 2022 and beyond," conducted among IT professionals in Malaysia, 69% of respondents acknowledged that their current IT landscape needs to change to ensure that their organization is protected from cyberattacks. Notably, 61% of respondents stated that their organizations are already using AI to protect against cyberattacks. These statistics highlight the growing recognition of the importance of AI and ML technology in enhancing cybersecurity measures in the Malaysian context.
ManageEngine's commitment to the Malaysian market is driven by the urgent need to address the changing security landscape and evolving cybersecurity requirements. Through its AI-driven solutions, ManageEngine equips Malaysian businesses with the necessary tools to protect their digital assets, detect anomalies and respond swiftly to potential threats.
