John McAdam, President and Chief Executive Officer
Let me start with EMEA because that’s an easier one. EMEA in my opinion is tremendous execution and we have great management there. They’ve been covering their territory really well, selling big deals, selling software capabilities — internally always had a very strong leaning towards security and very LED in fact led that much. So I think we are talking execution. I think in Japan it is different, Japan still tend to go for a smaller type products. We are quite competitive out there. We’ve been spending a lot time trying to get our direct business up, with direct touch, I should say, still with part of direct touch. We’ve made some progress but it’s pretty slow and generally, the economy is quite slow. Then APAC we have been doing some changes, some management changes. We actually feel good about the trajectory APAC is on.
James Faucette, Morgan Stanley
So, back to your looking forward is, you feel like you are going to — I know for a lot of other vendors is that they’d had to or they’ve asked their resellers and partners to absorb some of the impact of the depreciating Euro, but wondering if you feel like you are going to have to change pricing into that market and how we should take that into account or are you going to be basically effectively price increases to those customers?
John McAdam, President and Chief Executive Officer
Historically when we’ve seen fluctuations in currency — because we use US dollars principally in EMEA, and we have been able to navigate that working with the partners and the resellers, conversely they’ve benefited at times when it’s gone the other way. So I am not sure we would necessarily do a change in price strategy from that, but we will as we execute to the quarters take that into consideration as we look at deals and work with the partners and resellers to close business.
James Faucette, Morgan Stanley
Thank you.
John Eldridge
Excuse for interrupting this is John Eldridge we are going to take two more questions and then wrap it up.
Operator
Catharine Trebnick, Dougherty & Company. Your line is open.
Catharine Trebnick, Dougherty & Company
Can we go back to the service provider for a minute? And, any of the NFC, just to get more color around this. You said proof of concepts, have you deployed? Has there been any deployments with NFC et cetera? And then the follow on question has to do with the enterprise spending. So first if we get out some color on NFC with carriers. Thanks.
Manuel Rivelo, Executive Vice President of Strategic Solutions
Yes, so, hi Catharine, it’s Manny. So yes, on the NFC side, we have close to 2000 proof of concepts throughout the world just to give you a size of the magnitude of the transactions and those are across all of the theaters. The wins that we recently seen which varied across two of the theaters are predominantly security-related wins where we are taking our security products from a software perspective and introducing it inside that environment. Obviously they expand beyond security, they also are traffic steering CGNAT type of deployments, but they are going into the concept of beginning to consolidate services on a virtual EPC, and lot of the providers are moving in that direction fairly quickly. So we are doing well in that environment, we are integrating our stock with lots of different SPN providers in the market segment and that gives us a lot of flexibility to work with those operators. So its early days but we are seeing a lot of good momentum a lot of good traction and proof of concepts are going favorable.
Catharine Trebnick, Dougherty & Company
Okay, perfect thanks. I’ll let the next one get in.
Operator
Last question then from Tim Long, BMO Capital Markets. Your line is open.
