IFS has announced its financial results for the year to date (YTD) ending September 30th, 2023. The company reported substantial YoY increases in annual recurring revenue (ARR) of 49 percent, cloud revenue of 54 percent, and software revenue of 37 percent, which represents an impressive 80 percent share of totalRead More…
World Wide Technology (WWT) has announced it will be expanding to the Middle East and will begin to establish its innovation gateway presence in Masdar City, Abu Dhabi. This strategic expansion follows WWT’s recent partnership with the Cyber Security Council of the UAE Government and marks a significant step towardsRead More…
Moro Hub, a subsidiary of Digital DEWA, the digital arm of the Dubai Electricity and Water Authority, has announced a potential collaboration with SAP. This partnership aims to bring SAP’s public cloud services to the world’s largest solar-powered Green Data Centre of Moro, located at the Mohammed bin Rashid AlRead More…
In a strategic move to bolster innovation and strengthen ties between North America and the Middle East and North Africa (MENA) region, DeepMinds, a DeepTech focused venture studio and capital, has announced the opening of its branch office in Canada. This initiative aims to invest in promising deeptech R&D projectsRead More…
Ripple has announced that the Dubai Financial Services Authority (DFSA) has approved the digital asset XRP for use within the Dubai International Financial Centre (DIFC). Licensed virtual asset firms within the DIFC will now be able to incorporate XRP into their virtual asset services. Since the DFSA opened up external applications, XRPRead More…
Palo Alto Networks has reimagined how enterprises approach cloud security with the industry’s first integrated Code to Cloud intelligence introduced as part of the Prisma Cloud Darwin release. The introduction marks a “Darwin moment” for cloud security as Prisma Cloud pushes organizations to evolve beyond single point solutions In theRead More…
Colt Technology Services has completed the acquisition of Lumen EMEA for $1.8bn. The closure of the transaction is the final stage in Colt’s exclusive agreement with Lumen Technologies, Inc. to purchase Lumen’s Europe, Middle East and Africa (EMEA) business. The transaction marks a pivotal point for Colt and brings renewed optimism to the EuropeanRead More…
Microsoft Chairman and Chief Executive Officer Satya Nadella visited the UAE today to experience first-hand how the latest advancements in cloud and AI are supporting UAE organisations across every industry. While speaking at the Microsoft ‘AI, a New Era’ event, Nadella met with local business leaders, government officials and developersRead More…
Sophos has shared its sector survey report, “The State of Ransomware in Healthcare 2023,” which revealed that, among those organizations surveyed, cybercriminals successfully encrypted data in nearly 75% of ransomware attacks.Read More…
Qualys has announced the availability of VMDR TruRisk, FixIT and ProtectIT capabilities in AWS Marketplace priced and packaged for small-to-medium sized businesses (SMBs) and small-to-medium enterprises (SMEs). AWS Marketplace is a digital catalog with thousands of software listings from independent software vendors that makes it easy to find, test, buyRead More…
Distributed denial of service (DDoS) attacks continue to rise in frequency and sophistication. DDoS-for-hire, hacktivism and geopolitical forces all play a role in the growing cyber threat landscape. In fact, according to Gartner, DDoS attacks will be used as the most common cyberattack typeRead More…
At the SAP TechEd event in 2023, SAP SE announced a comprehensive series of generative AI capabilities and advancements aimed at empowering developers of all skill levels to supercharge their businesses in the age of AI. “Today’s dynamic technology and business landscape means every developer needs to be an AI developer,” saidRead More…
