FirstWave expands into Middle East and Africa region

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Leading Australian cloud security technology company, FirstWave Cloud Technology entered into an partnership with SHELT Global target the Middle East and African market. European headquartered, SHELT is a managed security service provider offering online and cloud-based security services to clients through a cybersecurity-as-a-service partnership model across EMEA region.

David Kirton, CEO at FirstWave said “SHELT is a highly respected provider of cyber-security solutions to service providers and enterprises across Middle East and African cyber-security market worth US$2 billion to our cloud-security products hosted on AWS and adds another region to bolster our ‘expand’ strategy internationally. Additionally, we welcome the first customer POV under this agreement.”

FirstWave has already started first customer proof of value (POV) trials with one of Africa’s major data centre and cloud companies. The Australian company has already predicted the year one revenue from the Middle East and African markets to be between at US$1 million and US$3 million.

Youssef Abillama, CEO at SHELT said, “We are very excited with our new partnership with FirstWave. Cybersecurity is a US$3.5 billion issue for enterprises in Africa with 96% of cyber-security incidents going unreported or unsolved. The FirstWave technology will provide our customers with world leading cloud-security solutions to help resolve this issue. The FirstWave Platform is very well received by our customers and telecom partners and we are delighted by the positive feedback and innovative concept behind it.”

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