Symantec Partners is looking for alternatives because its new owner Broadcom is only interested in a handful of enterprise customers, according to CrowdStrike CEO George Kurtz.
On an earnings call, Kurtz said that partners are flooding away from Symantec due to Broadcom’s strategy, claiming that one partner submitted a list of “several thousand” customers that it wants to migrate to a new vendor.
“As Broadcom began integrating Symantec, we saw an increase in enquiries among customers and partners. We believe these dynamics have contributed to an expansion in our pipeline, an acceleration in our overall customer adoption and increased engagement with our partner”, he said.
Cloudstrike has seen significant demand as it looks to protect customers who are left searching for better alternatives as Symantec abandons large segments of the market.
“Several partners in the US and abroad have launched Symantec replacement campaigns. We are closely collaborating with them to put together robust solutions at compelling price points.”
CrowdStrike reported an 89 percent year-on-year surge in revenue for the quarter ending 31 January 2019, up to £127.5 million.
