30 per cent of applications were from UAE based firms, demonstrating a strong pipeline of financial technology talent within the Emirates. 46 per cent came from the MENA region and 24 per cent were received from global firms.

Veeam reported its largest ever quarter for total bookings of its fastest growing product, Veeam Backup for Microsoft Office 365, with an 89 percent YoY increase and a 75 percent YoY gain in overall subscription bookings.

As part of this relationship, IBM and Tech Mahindra will establish innovation centers designed to help address complex business problems across industries, including telecommunication, manufacturing, financial services, insurance, retail and healthcare.