Spire Solutions establishes local presence in KSA; appoints new country manager
Cybersecurity market expected to double in five years, with Saudi Arabia leading the region in spending
Value added distributor Spire Solutions is expanding its Middle East regional footprint, adding local presence in Saudi Arabia and appointing a new KSA country manager in Ehab Derbas.
Countries across the Middle East are stepping up cyber security measures in response to recent surge in attacks, but none more so than Saudi Arabia: according to a recent report, the Middle East’s cyber security market is expected to grow from USD 11.38 billion in 2017 to USD 22.4 billion in 2022, with KSA expected to have the largest share during the five year period.
Derbas has over 18 years’ experience in sales and management, with a focus on IT and cyber security.
“Saudi Arabia is one of the world’s highest spenders on cyber security, and with good reason. It has a robust economy with some of the region’s biggest organisations, a large population, a strategic geographic location and a strong consumer spending power. All of this makes it an extremely attractive target for cyber criminals, which explains its growing need for security,” commented Derbas.
“With its trusted portfolio of services and solutions to defend against cyber-attacks, Spire Solutions is well positioned to meet KSA’s security needs. This strategic expansion with local presence in Riyadh and experienced leadership to drive regional operations and sales will help cement our presence in the market,’ said Avinash Adavani, CEO at Spire Solutions.