3i Infotech Inc., USA, a step-down subsidiary of Mumbai-headquartered 3i Infotech Limited, a global Information Technology company, has announced a strategic investment in Exium, a pioneer in 5G powered Secure Access Services Edge (SASE) solutions, to help accelerate innovation in cloud-delivered security and digital experience.
3i Infotech will offer this as a premium security offering to its customers globally and across verticals spanning banking, financial services and insurance (BFSI), retail and telecom. The first-of-its kind for 3i Infotech in the SASE space, the strategic investment reinforces a shared vision for increasing adoption of borderless security at the edge. 3i Infotech initially established a multiyear partnership last year, the statement said.
The investment into Exium is part of 3i Infotech’s larger ‘Resident Entrepreneurship’ program which allows for technology entrepreneurs to join hands with 3i Infotech and invent new value creating intellectual property in the fields of 5G, Edge Services, cognitive computing services and education technology. It is part of the company’s plan to incubate and accelerate startups, to fuel new services lines and build new IPs, according to the statement.
As part of expanding the partnership, 3i Infotech is also nominating Nilesh Gupta, SVP & Global Practice Head, 3i Infotech Limited to serve as a strategic advisor to Exium, a statement said.
Speaking on this collaboration, Nilesh said, “I would term this as a lethal combination of sorts, with Exium’s laser-sharp focus on product innovation combined with our global presence, market know-how and best-of-breed solutions, creating a real value and differentiator for our customers. As part of this strategic investment, we will work closely with Exium’s product development team to further enhance market needs towards better digital transformation journey. Combined, we have a huge addressable market to serve. Through this collaboration, we plan to work extensively with Exium to offer edge solutions at scale to all verticals.”
“We’re thrilled to welcome Nilesh Gupta to our board of advisors,” said Farooq Khan, CEO of Exium. “Both his management wisdom and domain expertise run broad and deep in virtually every aspect of high-tech business growth — from product to business development and sales to engineering needs for cloud, security, applications, and analytics. We are confident that
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