Intelligent Tech Channels Issue 61 | Page 57

Rubrik surpasses US $ 500 million in recurring revenue and a ‘ distinguished ’ new board appointment

Cybersecurity specialist Rubrik has announced the surpassing of US $ 500 million in software subscription annual recurring revenue , a net dollar retention rate of greater than 140 % and the appointment of Mark McLaughlin , former Palo Alto Networks Chairman and CEO , to its board of directors .

McLaughlin is recognised as a distinguished cybersecurity veteran with more than 25 years of experience leading companies including Palo Alto Networks and Verisign . McLaughlin currently serves as chair of the board of directors for Qualcomm . In this new role , McLaughlin will help support Rubrik as a leader in data security .
“ Data security threats – especially ransomware – are some of the most profound and urgent challenges every CEO , board of directors and cybersecurity leader must be prepared to face ,” said McLaughlin .
“ Rubrik is working to change the trajectory of the cybersecurity industry with its mission to secure the world ’ s data . Relying on Rubrik , governments and companies are able to deliver business resilience even in the face of the most sophisticated cyber events . I ’ m honored to join Rubrik ’ s board and help the company maintain its leadership position in data security .”
Bipul Sinha , CEO and Co-founder of Rubrik , said : “ We ’ re on a mission to help our customers secure their data assets . We believe we ’ ve never been better positioned to deliver on that mission than with a cybersecurity expert like Mark at our side .”
Lenovo appoints Abdullah Bahanshal as new country manager for Saudi Arabia

Lenovo has announced the appointment of Abdullah Bahanshal as the new country manager for Saudi Arabia within Lenovo Infrastructure Solutions Group ( ISG ).

Bahanshal will be responsible for managing and growing country revenue within the Kingdom . He will also support customers with insights backed by his years of experience in IT and Digital Transformation .
Bahanshal brings with him over 20 years of experience in the ICT industry , especially around leadership , strategic sales and development . He comes to Lenovo ISG from Honeywell , where he was the Country Sales Leader for the Productivity Solutions and Services ( PSS ) sales team .
He also focused on end-user relationship through channel parties across the Kingdom , while also developing country growth strategic plans . Prior to that , he worked with global ICT brands like Huawei , Cisco Systems and Cerner . During his tenure at previous ICT firms , he won awards for performance , sales and strategy , while also being one of the first Saudi nationals to be certified as an ICF coach .
Alaa Bawab , Lenovo General Manager Middle East and Africa , said : “ Abdullah brings with him years of senior experience in the ICT industry and has worked with some of the biggest names . His knowledge , talent and skill make him a vital part of our expansion into the Kingdom .” •
Abdullah Bahanshal , Country Manager , Saudi Arabia , Lenovo Infrastructure Solutions Group ( ISG )