Friday, July 12, 2024

Cyber-security firm ZENDATA partners with Salam Technology in $35 million deal

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The deal also sees the launch of ZENDATA’s ground-breaking new ‘SOC as a Business’ (SaaB) model, designed to transform SOCs into revenue centers. With this new service, ZENDATA partners with companies to develop customized SOCs, utilizing either shared or exclusive resources, that elevate security to top-tier levels and unlock new profit streams. Profits are shared between ZENDATA and its clients to boost financial outcomes, turning state-of-the-art cyber security into a collectively profitable venture. In this way, Salam Technology and ZENDATA will work hand in hand as the first line of defense for private and public entities, companies, and international organizations.

Fawaz Hadid, General Manager of Salam Technology, said, “Salam Technology is proud to partner with ZENDATA, a global leader in cybersecurity. With our 72-year legacy of serving Qatar and the region, this collaboration marks a pivotal moment in our commitment to providing exceptional IT and OT cybersecurity services. By combining ZENDATA’s cutting-edge technology and expertise with Salam Technology’s established presence and deep understanding of the local market, we will be ideally positioned to deliver the most advanced SOC MSSP services in the region.”

“This partnership goes beyond just technology. We share ZENDATA’s vision of fostering a robust cybersecurity ecosystem in the Gulf. The innovative SOC as a Business model presents a unique opportunity to empower businesses with world-class security solutions while also contributing to the development of a skilled Qatari and Gulf national workforce. We are confident that this collaboration will be instrumental in safeguarding critical infrastructure and enabling businesses across the region to thrive in the digital age.”

Isabelle Meyer, Co-CEO of ZENDATA, said: “We have partnered with Salam Technology with a single goal in mind: to help Qatar and the wider GCC protect and develop its growing services industry and its critical infrastructure from cyber-attacks. As one of the leading firms in cyber-security, with a record of working alongside governments, MNCs, and law enforcement agencies, we are particularly well placed to support Qatar and regional players on their transformation journeys, and help leading regional companies thrive in an ever more complex threat landscape. As we expand across the Gulf, we are particularly pleased to have Salam Technology as our partner and Qatar as the launch country for our unique SOC as a Business (SaaB) product.”

In addition to SOC as a Business, ZENDATA provides a selection of managed services and products, including the flagship ZEN360 Managed Security Service Provider (MSSP), offering 360-degree infrastructure protection with a 24/7 Security Operations Center, Quick Reaction Incident Response, ZENAudit as an audit platform, ZENRAD, a proprietary technology to dynamically adjust protection, and a range of other supporting services.

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