d-user spending on security and risk management is expected to reach approximately $215 billion in 2024, representing a 14.3 per cent increase from the previous year, as per Gartner research. In response to this growing market, Swiss GRC, a leading provider of Governance, Risk, and Compliance (GRC) solutions, has introduced its flagship product, the GRC Toolbox, in the Middle East. This strategic move aligns with Swiss GRC's plan for expansion, establishing a new branch and operational office in Dubai Internet City.
Swiss GRC's local data center offers both on-premise and cloud deployment options. The GRC Toolbox, fully accessible in Arabic, delivers configuration-powered customization for swift implementation. To support its regional endeavors, Swiss GRC has made substantial investments in a local entity and data center in the UAE to ensure compliance with operational standards. With a comprehensive understanding of the Middle East market and its intricate regulatory framework, Swiss GRC is well-equipped to effectively serve the region. The company already serves a diverse customer base across the Middle East, addressing distinct challenges related to local data residency that are pivotal for government entities and the private sector.
Looking ahead to 2024, Swiss GRC intends to make substantial investments in the MENA region, encompassing the development and launch of the complete GRC Toolbox in Arabic, training channel partners, engaging in marketing initiatives, and expanding its workforce at the Dubai office. “We are thrilled to extend our services to the Middle East region,” expressed Besfort Kuqi, Co-Founder and CEO of Swiss GRC. “Our solutions are specifically tailored to this region, and the GRC Toolbox, being the only fully Arabic GRC software designed for MENA brands, attests to that fact.” Rajeev, General Manager, MENA & APAC, added, “The Middle East grapples with a complex regulatory landscape, and we believe that Swiss GRC can assist entities in navigating it securely. This expansion is well-timed, and we are eager to establish a strong foothold in the region.”
