NEWS
LogRhythm | Exabeam expands presence in KSA
LogRhythm | Exabeam, a global leader in intelligence and automation that powers security operations, has expanded its presence in Saudi Arabia by partnering with Al Moammar Information Systems Co.( MIS), one of the Kingdom’ s leading IT solution providers and launching its Customer Innovation Center in Riyadh.
These commitments reinforce the Kingdom’ s cybersecurity foundation and advance the strategic objectives of Saudi Vision 2030.
Under the expanded agreement, MIS and LogRhythm | Exabeam will jointly offer LogRhythm SIEM and the Exabeam New-Scale Security Operations Platform to Saudi-based organisations.
The partnership will harden local defences against digital risk through AI-driven threat detection, improved incident response automation and proactive threat mitigation. This comes as LogRhythm | Exabeam witnesses strong business growth in the Kingdom, achieving 21 % revenue growth from 2024 to 2025 with the goal to maintain high double-digit growth in 2026.
“ Our strategic alliance marks a critical milestone in our mission to elevate the KSA’ s cyber-resilience and align with the goals of Saudi Vision 2030. Through our collaboration with MIS, we are hardening the Kingdom against ever-evolving threats,” said Mazen Adnan Dohaji, VP & GM, IMETA at LogRhythm | Exabeam.
“ We believe that true innovation comes from collaboration. Working with MIS enables us to proactively drive local security support and empower organisations to defend their digital ecosystems with AI intelligence.”
South Africa’ s finance leaders accelerate cloud shift as Digital Transformation pressures mount
According to Sage Platinum partner
ALNET Technologies, South Africa’ s finance professionals are under increasing pressure to modernise, move to the cloud, automate processes and reduce costs while improving profitability.
Netesh Maharajh, Director at ALNET Technologies, says rising cloud adoption reflects this shift.“ A Statista survey shows that more than 40 % of South African organisations have migrated over half of their workloads, initially using hybrid models with a strong focus on Infrastructure-as-a-Service. This has since expanded to Platform-as-a- Service and Software-as-a-Service,” he said.
Statista forecasts significant growth in South Africa’ s public cloud market, with revenue expected to reach US $ 6.04 billion in 2025 and US $ 17.42 billion by 2030, driven by a 23.59 % annual growth rate.“ These figures highlight the country’ s strong momentum towards Digital Transformation,” Maharajh adds.
Today’ s finance leaders, he notes, must go beyond reporting historical data to shaping future strategy. Streamlining and optimising finance processes is critical to long-term sustainability in a highly competitive market.
Netesh Maharajh, Director at ALNET Technologies
Maharajh says Sage Intacct has emerged as a market leader, with many organisations viewing it as the financial backbone for growth. Customers report an average return on investment of 250 % within six months.
By automating tasks such as bank reconciliations, vendor payments and purchase-order workflows, finance teams gain more time for strategic initiatives. Sage Intacct also simplifies project accounting and provides real-time budget-versus-actual insights and detailed financial reporting.
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