Check Point increases subscriptions

 

Israeli Security outfit Check Point, which launched a global partner programme last week to accelerate customer adoption of cloud security, has been talking up its subscription model.

The firm’s founder and CEO Gil Shwed said: “Over the last decade we introduced our security-as-a-service subscription model, which delivers the most advanced technologies in cyber. In 2019, subscription reached over $600 million in revenues and was driven by cloud, mobile and zero-day advanced threat prevention technologies.”

Fourth-quarter revenues improved by three per cent coming in at $544 million and for the year the improvement was similar at four percent with total revenues hitting $1,995 million.

The global channel partner programme has been designed to encourage resellers to focus on growth areas and help with keeping the growth going for the vendor.

Frank Rauch, Check Point’s head of worldwide channels said that the programme’s new initiatives meant that the outfit was doubling down on our commitment to helping partners win new business and build stronger relationships with existing customers,