OPSWAT reiterates commitment to securing regional critical infrastructure on back of strong 2023

OPSWAT reiterates commitment to securing regional critical infrastructure on back of strong 2023

Dubai, United Arab Emirates – January 09, 2024: OPSWAT, a global leader in Critical Infrastructure Protection (CIP) cybersecurity solutions, today reiterated its commitment to helping critical infrastructure organizations in the region shore up their perimeter defenses against a threat landscape that shows an increasing interest in OT/ICS. OPSWAT’s commitment to the region comes on the back of significant growth in 2023.

OPSWAT saw substantial topline revenue growth in the Middle East throughout 2023 — a remarkable 100% year-on-year increase, 70% of which is attributed to new business. The company’s workforce has tripled in size from 2022, highlighting its commitment to local expertise and service excellence. Its strategic focus on the UAE, Saudi Arabia, and Qatar has expanded its market presence. Its regional customers range from manufacturing and energy to defense and oil and gas. The company also counts many government agencies among its clients. More than 50 GCC ministries selected OPSWAT in 2023 and it now collaborates with 80% of ministries in the UAE and Saudi Arabia. It works with almost all the region’s oil and gas companies. In finance, OPSWAT has provided solutions to 43 regional banks, including eight central banks, since March 2022, and is in the POC stage