Industry News

Microsoft Corporation Opened Excellence Centre in Dubai

UAE: Microsoft Corporation has opened its largest Centre of Excellence (CoE) for oil & gas industry in Dubai, United Arab Emirates. This centre of excellence would help in driving digital transformation, reducing operational costs and better optimisation of operational resources in the oil & gas industry.

Growing oil & gas industry along with rising spending over digital technologies by oil & gas companies has driven Microsoft for this move. This CoE would allow oil & gas companies to take advantage of various digital technology and emerging trends, such as Internet of Things (IoT), advanced analytics, cloud computing, modern productivity tools and other Microsoft’s technologies, such as Microsoft Azure, Office 365, etc.

TechSci Research analyses that rising adoption of digital technologies in oil & gas industry along with rising number of cyberattacks and emerging concerns for IT security to mitigate data breaches, and other cyber concerns would propel the demand for IT security services in the province as well.

According to the recent report published by TechSci Research, “UAE Managed Security Services Market By Deployment Mode, By Application (Managed Endpoint Security, Managed Firewall Security, Managed IPS & IDS, Managed SIAM, & Other), By End User, Competition Forecast and Opportunities, 2011 – 2021”, UAE managed security services market is projected to grow at a CAGR over 8% through 2021. increasing cybercrime, fast emerging Bring Your Own Device (BYOD) concept, and growing concerns regarding malicious malware attacks, zero-day attacks, Synchronization (SYN) floods and encrypted attacks, etc. is anticipated to boost the managed security services market in UAE in the coming years.

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