Posted by Chennai: Cloud solutions provider SecureKloud Technologies has partnered with Cognicx IT Solutions to expand its footprints in the Middle East region.
With increasing numbers of businesses and organisations in the Middle East region adopting cloud today, the region is an emerging market for cloud services. And SecureKloud is aiming to tap opportunities in this Middle East market through local partnerships.
The Middle East public cloud market size reached $2,660 million in 2020 and is expected to grow to $9,965 million by 2027. The Middle East market as per Blue Weave Consulting is projected to grow at a CAGR of 20.7% during 2021-2027 (forecast period).
SecureKloud Technologies wants to offer its solutions in the Middle East region through collaboration with Dubai based Cognicx IT Solutions. Cognicx is a dominant IT player in the MENA region.
“Cloud technologies of all types and models will be more essential in the years to come in the Middle East region. The pandemic has accelerated the adoption pace in a big way,” said Ravi Chandran, Head – Indian Operations and Non-US Territory Sales, SecureKloud Technologies Ltd.
As organisations across the world started adopting digital technologies for the long haul, breaking years of legacy practices, in less than a year, cloud adoption attracted the highest investment in 2020.
A report by Gartner and Statista observed that the cloud has become the primary choice for businesses to store and access data. 94% of all enterprises (small, medium and large) are using cloud services. There will be over 100 zettabytes of data stored over the cloud by 2025, the report states.
“With the new norms of working from home and other flexi schedules, the growth trend will continue rapidly. Our basket of innovative solutions that kept us among the preferred partners of global leaders will now be made available in the Middle East region,” added Chandran.
The collaboration also assumes significance against the backdrop of growing concerns in security and data protection due to the lack of experts and experienced companies in many regions.
A recent study by Deloitte, sampling 500 IT leaders and executives, found that Security and Data Protection are the top factors for companies moving towards Cloud and Data Modernization.
Both SecureKloud Technologies and Cognicx have the right combination of leaders, big thinkers and some of the best brains in the industry, according to Cognicx President and Co-Founder Anil Kumar.
“The synergy between the two will bring in a vast and wide experience for implementing cloud computing and digital transformational solutions to businesses with cutting edge technology in the right mix,” said Kumar.