Sedgefield based Tekgem, a global leader in Industrial Cyber Security has today announced the commencement of their expansion strategy which is set to give the company an on-the-ground presence to access key Middle East markets.
The global move by Tekgem, whose HQ is based at NETPark, aims to further support and to answer the increasing demand across the UAE region as it leverages significant investment and initiatives into cyber security capabilities.
According to Mordor Intelligence, the UAE Cybersecurity Market is projected to grow from USD 522.06 million in 2023 to an estimated USD 950 million by 2028.
The expansion of Tekgem’s global footprint is a key moment for the company’s growth and further reinforces its position as a leading player in the cyber security space. The team have set up base in Dubai this month to get a feel for the UAE landscape, forging key relationships and collaborations whilst researching site space across Dubai and Abu Dhabi, ahead of showcasing Tekgem at Dubai’s GISec Global 2024 later this month.
GISec Global 2024 is the region's largest cyber security event held at the World Trade Centre, Dubai, and will bring together more than 750 cybersecurity companies and over a thousand domain experts to discuss challenges in AI and technology.
Ian Gemski, Founder and Managing Director at Tekgem said:
“Securing a company base in the UAE and forging a strong eco-system of support in the region marks the beginning of our global expansion plans and represents a key moment for the company as we establish a foothold and presence in the region.
We see the UAE as a critical market for cyber security awareness, and our new global base will enable theleveraging of opportunities in the vibrant market to strengthen existing client relationships and build new partnerships.
Exhibiting at GISec Global 2024 is a great platform for us to further raise awareness of Tekgem and the work we do in industrial cyber. Our services are quite niche, and with oil and gas being prominent industries, alongside the UAE’s commitment to investment in cyber security capabilities and initiatives it makes sound business sense to secure a base in the UAE where some of our current and future customers are.”
Tekgem operate on a national and international scale from their UK base and have established an industry renowned reputation. Tekgem bridge the gap between Information Technology (IT) and Operational Technology (OT).
With over 20 years’ experience working with a variety of global organisations including Mitsubishi Chemical, SABIC, Total, INEOS, E.On, Fujifilm & GSK providing specialist cyber security services to the process industry and critical national infrastructure. Tekgem’s innovative software platforms, Unity & Shield are designed to continuously monitor cyber risks and protect against the latest cyber threats whist their consultancy and engineering services ensure customers are secured and operate safely.
As a technology, solutions and consultancy provider, Tekgem’s tried and tested methodology ensures that organisations in the manufacturing, process, chemical, renewable energy, and oil and gas sectors operate their industrial assets securely in line with international industrial cyber security standards and government regulations to reduce the risk of cyber security incidents that have the potential to impact safety and essential business operations.
To aid the transition into the UAE market Tekgem has signed a partnership with Forward Foundry, and Tekgem will leverage Forward Foundry’s extensive experience and proven track record in the region, which supports and accelerates emerging technologies land, expand and succeed in the Middle East.
Ian added:
“We are very excited to be on the ground in the UAE, cementing our global expansion plans in the market. We’ve had some great support from key partners including the Department of Business and Trade and Forward Foundry who have both been a key source of knowledge for the company. Entry into the UAE market will work in alignment with our further UK expansion plans as we continue to grow our team of 30 at our UK HQ, this move really does signal a pivotal stage for Tekgem’s elevated growth trajectory.”
Tekgem has a rare combination of skills, expertise and experience that are necessary to help protect your critical industrial automation control systems from cyber-security threats and are seen as ‘your secret weapon in the war against industrial cyber attacks.’