Market watch

The world's attention is now focused on the Arab world's first global football tournament, which begins on Sunday, November 20, but malicious actors have already begun their World Cup-themed cyberattacks.

Kissflow's Procurement Cloud, a flexible source-to-pay software solution provider, has been named to the Spend Matters "50 to Watch" list for 2022. The list focuses on innovative procurement and supply chain solutions that have shown rapid growth and momentum.

Qualys, Inc., a provider of disruptive cloud-based IT, security, and compliance solutions, has announced the acquisition of Blue Hexagon's assets. This brings AI/machine learning (AI/ML) to the Qualys Cloud Platform, assisting in the conversion of petabytes of highly integrated data into meaningful insights for customers.

The BMW Group and AWS (Amazon Web Services) have announced a strategic collaboration in which the companies will jointly develop innovative cloud technologies with the goal of fully utilizing the data potential of future vehicle generations.

Callsign has announced Dynamic Interventions, which are managed by its Orchestration Engine. This technology enables organizations to detect social engineering scams in real-time and intervenes when fraud is detected, delivering contextually relevant and personalized messages that protect users from becoming victims of fraud.

Ring has evolved over the years to offer a full line of affordable, whole-home security products, allowing customers to build a 'Ring of Security' around their homes, ready to meet the unique needs of various home types and lifestyles.

More than half (62%) of companies in the Middle East and Africa (MEA) intend to increase their investments in customer experience (CX) solutions by up to 50% by 2024. 22% intend to more than double their spending on technologies such as analytics, personalization, and smart assistants.

Microsoft, in collaboration with Egypt's Ministry of Foreign Affairs, announced its role as a Strategic Principal Sponsor of the 27th United Nations Conference of the Parties on Climate Change (COP27). The United Nations conference, which will be held in Sharm-El-Sheikh from November 6 to 18, 2022