OPSWAT aligns with Saudi Vision 2030 for cybersecurity leadership

 

OPSWAT aligns with Saudi Vision 2030 for cybersecurity leadership

OPSWAT, a global leader in critical infrastructure protection solutions based in Florida, USA, has announced a significant expansion of its operations in Saudi Arabia. This move is part of the company's broader strategic initiatives to grow its presence in the Middle East, Turkey, Africa, and Pakistan region, recognizing Saudi Arabia's pivotal role in the global cybersecurity landscape.

Ranked second on the ITU’s Global Cybersecurity Index, Saudi Arabia is internationally acknowledged as a cybersecurity leader due to its commitment to innovation and security.

 

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Sertan Selcuk, VP of Sales — METAP, OPSWAT, highlighted the importance of Saudi Arabia's role in the digital transformation landscape, stating, "Our enthusiasm is fueled by the incredible growth we are seeing in the Kingdom, backed by its futuristic vision."

The expansion aligns with the National Cybersecurity Strategy launched under Vision 2030, initiated by Crown Prince Mohammed bin Salman. The strategy aims to establish a digital economy of the future while addressing the challenges posed by evolving technologies and increasing cybersecurity risks.

 

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The Saudi cybersecurity market is on a robust growth trajectory, expected to reach SR21 billion ($5.6 billion) by the end of 2023, with an annual growth rate of 13.95 percent. OPSWAT's specialized Critical Infrastructure Protection (CIP) technologies seamlessly integrate operational technology and information technology security, aligning perfectly with the Kingdom's cybersecurity needs.

OPSWAT has already made a significant impact within the Kingdom, with a diverse client portfolio and remarkable growth in the METAP region. The company experienced a notable 96 percent sales growth in 2023 compared to the previous year, accompanied by a substantial 139 percent sales growth in the third quarter of 2023 compared to the same period in 2022.

 

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The inauguration of the region’s first CIP lab by OPSWAT underscores its dedication to enhancing critical infrastructure security in the entire region.

As part of its commitment to driving innovation, OPSWAT recently participated in the Black Hat MEA conference in Riyadh and will sponsor CS4CA MENA in Riyadh from November 28-29. Sertan Selcuk, VP of Sales — METAP, will share insights on fostering secure cyber infrastructure in alignment with Vision 2030’s goals.

Selcuk expressed the company's commitment, saying, "Our motivation lies in strengthening the digital backbone of commerce and communication, which is pivotal to the Kingdom. We are grateful to our clients and partners who are always our priority and are dedicated to delivering security solutions as dynamic and visionary as the market we are serving."

OPSWAT's expansion solidifies its commitment to being a frontrunner in Saudi Arabia's digital transformation, contributing to the Kingdom's strategic objectives and enhancing its position as a global cybersecurity hub.

Source: https://www.arabnews.com/