OPSWAT, a global leader in critical infrastructure protection solutions with headquarters in Florida, US, has announced an expansion of its operations within Saudi Arabia. This step is part of the company’s wider strategic initiatives to grow business in the Middle East, Turkiye, Africa, and Pakistan region, and recognizes Saudi Arabia’s importance in the global cybersecurity landscape.
Ranked second on the ITU’s Global Cybersecurity Index, Saudi Arabia is acknowledged as a global leader in cybersecurity with its commitment to innovation and security.
Underpinning this rapid sectoral transformation is the leadership of the Kingdom. At the launch of the National Cybersecurity Strategy, under Vision 2030, which aims to bring about a digital economy of the future, Crown Prince Mohammed bin Salman said: “We live in a time of scientific innovations and unprecedented technologies, and these technologies can bring huge benefits, and at the same time they may result in new challenges, such as changing work patterns ... as well as increasing the risks of cybersecurity and information flow. This requires us to address these challenges as soon as possible to avoid them turning into economic and social crises.”
Our enthusiasm is fueled by the incredible growth we are seeing in the Kingdom, backed by its futuristic vision.
Sertan Selcuk, VP of Sales — METAP, OPSWAT
The Saudi cybersecurity market is surging forward, expected to reach SR21 billion ($5.6 billion) by the end of 2023, growing at an annual rate of 13.95 percent. The Kingdom’s cybersecurity space aligns perfectly with OPSWAT’s specialized CIP technologies, which are tailor-made solutions that integrate operational technology and information technology security seamlessly.
In addition to its well-established global presence with 13 offices worldwide, OPSWAT’s success is evident within the Kingdom through its diverse client portfolio. The company’s remarkable growth trajectory in the METAP region, featuring a notable 96 percent sales growth in 2023 compared to the preceding year, alongside a substantial 139 percent sales growth in the third quarter of 2023 compared to the corresponding period in 2022, reflects its robust performance and strategic focus. The inauguration of the region’s first CIP lab by OPSWAT shows their dedication to fueling the entire region’s development in critical infrastructure security.
The company recently participated in the renowned Black Hat MEA conference in Riyadh, in collaboration with HelpAG, where it presented its advanced CIP solutions. Furthermore, as a sponsor of CS4CA MENA, taking place from Nov. 28-29, also in Riyadh, OPSWAT’s Sertan Selcuk, VP of sales — METAP, will share his insights on fostering secure cyber infrastructure in alignment with Vision 2030’s goals. Sertan will present the transformative power of integrating IT, OT, and AI, thereby driving innovation within Saudi Arabia’s digital ecosystem.
OPSWAT’s active involvement in global cybersecurity conferences epitomizes its commitment to driving innovation and ensuring constant upgrades of its solution offerings in a period of emerging digital challenges.
“Our enthusiasm is fueled by the incredible growth we are seeing in the Kingdom, backed by its futuristic vision. As defenders of progress and champions of innovation, we are committed to elevating our Saudi customers and partners to new heights. 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,” said Selcuk.
OPSWAT’s expansion affirms its resolve to be at the forefront of the digital transformation in Saudi Arabia, contributing to the Kingdom’s overall strategic objectives and bolstering its position as a global cybersecurity hub.
