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This announcement comes on the heels of Vectra’s release of Cognito Detect™ for Office 365 earlier this year, the rapid adoption of which led to an accelerated effort to deepen and enhance this service.

Government initiatives such as Smart Dubai, Smart Abu Dhabi, Israel’s Cloud Strategy and Bahrain’s Cloud First Policy of 2019 have bolstered cloud adoption among large organizations in the region,” said Sid Nag, research vice president at Gartner.

Cisco has announced its plans to establish an edge data center in the Kingdom of Saudi Arabia (KSA) to provide cloud security services.

Nutanix, Inc., a hybrid multicloud computing company, has announced the results of its fifth annual Enterprise Cloud Index (ECI) survey

Cloudflare, Inc., the security, performance, and reliability company helping to build a better Internet, announced its partnership with Kyndryl Holdings, Inc., the IT infrastructure services provider, to help enterprises modernize and scale their corporate networks with managed WAN-as-a-Service and Cloudflare Zero Trust.

Nutanix announced new capabilities in the Nutanix Cloud Platform to enable customers to integrate data management of containerized and virtualized applications on-premises, on public cloud, and at the edge.

e-finance, Egypt's national developer of digital payment infrastructures, announced a partnership with IBM to expand its digital payment services and enable clients to securely make payments across hybrid cloud environments.

“Our new solutions have been built in response to growing demand from FSIs around the world for cloud products capable of accelerating their digitalization and enhancing the customer experience,” said Raymond Xiao, Head of International Industry Solutions and Architecture, Alibaba Cloud Intelligence. “By leveraging our extensive cloud capabilities and industry know-how, we have developed a comprehensive suite of solutions to advance growth and innovation in the finance sector".

Legacy hardware and software are two of the most significant impediments to FinServ architecture upgrades. Organizations are forced to use obsolete technology due to the prohibitive cost of refactoring and re-platforming their core systems. Companies no longer need to be stymied by legacy technology. The Nutanix Cloud Platform has been demonstrated to provide a staggering 477% ROI in 5 years while lowering TCO by two-thirds. This entails maximizing the company's investment in on-premises infrastructure in the near future.

The announcement marks a significant milestone in HUAWEI CLOUD's commitment to supporting Kuwait's digital transformation journey, and it demonstrates HUAWEI CLOUD's growing profile in Kuwait and the region as part of its global presence.