They say you only have one chance to make a first impression. At our recent Infoblox Partner Summit for the Americas, we were able to make three impressions. First, Infoblox unveiled our significant investments to our partner program and commitment to expanding our channel relationships. Second, we debuted our vision for leading in the untapped opportunities of DNS security. And, third, we pulled the curtains back on our services strategy.
I joined Infoblox just six months ago. Almost from day one, hosting this gathering of select partners was a priority for my team and me. Infoblox is a dynamic company that leads the market in DDI and DNS security. And now that we’re emphasizing our security capabilities and value proposition, we knew we had to get in front of partners to tell our story.
More than five-dozen partners attended our inaugural Americas Partner Summit including longtime partners such as Worldwide Technologies, as well as newer and emerging partners such as Sun Management. We welcomed regional security specialists such as FutureCom and large enterprise integrators such as Optiv. Additionally, members of the channel media attended to give their readers a sneak peek at what’s ahead for Infoblox partners in 2019.
Partners really do make a difference to Infoblox’s success. All except 5 percent of Infoblox’s sales involve channel partners. In fiscal year 2018, Infoblox’s partner sales increased 12 percent. And we have more than 1,100 regularly transacting partners and more than 4,100 accreditations issued. Our partners are not just performing, but demonstrating an ability to drive business to the next level.
Infoblox and I appreciate all the partners who attended on behalf of their great companies. Their participation strengthens our relationships and will make our entire ecosystem more productive going forward. I especially want to thank all the partners who participated in our Bounty Program, in which they volunteered to work with Infoblox in penetrating strategic accounts.
“Next level” is a significant part of our theme going forward. As our sales leader, Bill McCarthy, said at the summit, Infoblox wants to be our partner vendor of choice. Because of that, we’re investing heavily in our channel programs and resources. At the summit, Infoblox committed to expanding channel investment in programs, support and field resources by 35 percent.
Where will partners see these investments? Everywhere.
Infoblox is committed to holding more regional and local events to help keep partners in the loop on products, services, strategy and market opportunities. We’ve launched a new, market-leading learning management system to educate partners about our products’ value and capabilities. We’ve launched a new partner portal to make it easier to do business with us. And we’re developing new marketing programs and making access to market development funds easier.
We’re really trying to make it easier for partners to take Infoblox to the next level by making it easier for them to communicate our value proposition, win more sales, and deliver value-generating services to our mutual customers.
And the Infoblox value proposition is getting very big. Infoblox provides a tremendously effective technology for identifying threats and breaches on-prem, in the cloud and in hybrid infrastructures. According to the 2018 Verizon Data Breach Investigation Report, distributed denial of service (DDoS) attacks accounted for 71 percent of all security incidents in 2017. Most DDoS attacks leverage DNS hacks to amplify their effectiveness. And most DDoS attacks are identifiable through DNS inspection.
DNS security is increasingly important to our customers. Literally, tens of billions of devices will connect to the Internet and corporate networks over the next five years. Many of these devices are part of the Internet of Things and are largely unmanaged. They are presenting enterprises with a significant management and security threat that Infoblox is uniquely positioned to address. I believe our partners walked away with a clear message that Infoblox can play a significant role helping customers solve their security needs.
The rising DNS security threat and the need to scale resources is what’s driving our services vision. Through services, Infoblox will enable its partners and customers to address the rising DNS security threat more effectively by discovering threats and breaches faster. And, just as we do with our hardware and software products, our services will provide our alliance partners such as Cisco, McAfee and Palo Alto Networks with valuable, actionable intelligence to make them more effective.
At the summit, Infoblox and partners talked extensively about the services vision and services model. Services will provide partners with new, predictable, and profitable revenue sources through the recurring revenue model. Through services, Infoblox and partners will build stronger, lasting relationships with our customers to make us an integral part of their security infrastructure. And that lasting relationship will translate into sustained revenue and success.
The Americas Partner Summit marked just the beginning of a new journey for Infoblox and its partners. We gathered a lot of great feedback from our partners, and we committed to maintaining and building upon the excitement of this small but significant gathering in Phoenix. I’ll have much more to say in the weeks and months ahead as we continue to execute on this next level journey together.