The Gulf Cooperation Council (GCC) region is witnessing unprecedented growth in the financial sector, with a surge in both traditional financial institutions and emerging fintech companies. Due to their financial power and increasing connectivity, they are the prime target for cyberattacks and data breaches, making the protection and security of their critical data a paramount concern.
According to a recent study, the global fintech market is projected to reach a staggering $324 billion by 2026, demonstrating the exponential growth of this sector. With such rapid advancements, the need to fortify data infrastructure against potential disasters has become more crucial than ever.
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Businesses in Saudi Arabia are accelerating their digital transformation journey with the cloud with benefits such as scalability, cost-effectiveness, and flexibility associated with the cloud.
In response to the fast-paced changes and to drive a cloud-led transformation, the Ministry of Communications and Information Technology issued policies and regulations under
KSA Cloud First Policy in February 2019 as part of
Saudi Arabia’s 2030 Vision.
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Topics:
Managed IT services Saudi Arabia,
Cloud Service Provider Saudi Arabia,
BIOSME Saudi Arabia,
draas saudi arabia,
disaster recovery saudi arabia,
cloud provider saudi arabia
Digital transformation and remote working arrangements pushed small and medium businesses (SMBs) to leverage the cloud to store their critical data and work processes. While the cloud opens up new opportunities for businesses to scale faster, it also presents a few challenges. One of these is data breach and loss.
According to this 2022 report, the Middle East ranked second on the list of data breach losses after the US, incurring losses of SR28 million from data breaches in 2022 alone.
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Topics:
Disaster Recovery,
disaster recovery uae,
cloud dr uae,
disaster recovery as a service uae,
cloud draas,
BIOSME Saudi Arabia,
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Dubai, United Arab Emirates: BIOS Middle East, a specialist in disaster recovery services, has been appointed Disaster Recovery Service (DraaS) provider by National Takaful Company PJSC, “Watania”, as part of a proactive strategy on the part of the Abu Dhabi-based insurance company to ensure business continuity and embed resilience across its operations.
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Topics:
draas uae,
veeam draas uae,
cloud draas,
draas saudi arabia,
cloud dr saudi arabia
Disaster Recovery as a Service (DRaaS) has proved its worth over the course of the pandemic. A recent case study from an MEA wide conglomorate shows how BIOS has helped the entertainment and retail group secure business and operational continuity.
BIOS leveraged their in-country, Gartner-recognized cloud solution called CloudHPT to build a DRaaS solution.
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Topics:
draas uae,
veeam draas uae,
cloud draas,
combating COVID-19,
draas saudi arabia,
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Disaster Recovery as a Service (DRaaS) has proved its worth over the course of the pandemic.
A recent case study from Majid Al Futtaim ventures shows how BIOS has helped the entertainment and retail group secure business and operational continuity.
BIOS leveraged their in-country cloud solution called CloudHPT to build a DRaaS solution for MAF Ventures. Gartner recognized BIOS’ CloudHPT as ‘Visionary’ for Disaster Recovery as a Service.
Adopting BIOS DRaaS solutions instead of purchasing hardware and software (HW/SW) solutions to build capabilities in-house can generate significant value efficiencies. After implementing BIOS DRaaS solutions, they realised a number of significant benefits, including savings of over $1 million.
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Topics:
draas uae,
draas saudi arabia
Enough reasons for expenditure on disaster recovery (DR) have emerged over the past year, from incidents linked to the pandemic or arising from an increase in sophisticated malware exploits. As people continue to work remotely and data and workloads need to remain accessible at all times, DR becomes even more important – but can organisations afford a legacy approach? Is disaster recovery as a service (DRaaS) worth considering and can it deliver on the commonly projected cost savings 30% to 50%?
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Topics:
draas uae,
disaster recovery uae,
disaster recovery as a service uae,
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draas saudi arabia,
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