Commvault invests over $200mn in various sectors in Kingdom

GHADA.ISMAIL
Dec 15, 2024

Riyadh – Sharikat Mubasher: Sameh Hassan, Country Manager at Commvault said that the company’s investments in Saudi Arabia exceeded the $200 million during the last 7 years in various business sectors including Cybersecurity and Artificial Intelligence.

On the sidelines of Shift Conference, Hassan told Aleqtisadiah that the revenues of the company grew by 200% despite all challenges stressing that Saudi Arabia is one of the most interested countries in the field of cybersecurity.

The official added that localization rates in Commvault Saudi Arabia reached 60%, while the company targets 75% within the coming years.

Hassan also revealed that the company inked 6 pacts with several entities without disclosing their names to provide them with cybersecurity services for 3 years.

Commvault is a publicly traded US cyber resilience and data management software company headquartered in Tinton Falls, New Jersey. They are the gold standard in cyber resilience, helping more than 100,000 organizations to uncover, take action, and rapidly recover from cyber attacks—keeping data safe and businesses resilient and moving forward. 


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