Its private cloud infrastructure will support UAE’s Data Localization Guidelines and provide enhanced security to businesses
Mumbai, July 2, 2024: SaaS company Qila will be expanding to the Middle East to cater to the region’s data localisation guidelines and strengthen Web3 adoption among enterprises. Through Qila’s private cloud infrastructure, the region will be able to enhance Web3 adoption with localised cloud solutions and innovative data analytics tools.
The expansion is aimed to provide multiple advantages for enterprises operating in the UAE, which includes enhanced data security, compliance with local regulations, and streamlined integration of blockchain technology. Qila’s new innovative cloud data analytics solution TreePye, is designed to optimise cloud usage from both efficiency and cost perspectives.
Through this strategic expansion, Qila aims to bring about compliance with data localisation regulations, leverage its private cloud infrastructure to provide state-of-the-art security protocols and safeguard enterprise data. Qila is also looking to simplify adoption of blockchain and tokenization technologies across various sectors through easy API integrations.
The UAE presents a robust market for Web3 solutions due to its progressive stance on technology adoption and regulatory support for blockchain initiatives. The UAE’s proactive approach to technology and innovation aligns perfectly with Qila’s offerings, making it an ideal environment for growth.The UAE government’s supportive regulations for blockchain and data localization further facilitate the seamless integration of Qila’s solutions.
Sid Ugrankar, CEO & Co-Founder of Qila, said, “Our expansion into the UAE is a significant milestone for Qila. By establishing a private cloud infrastructure, we not only adhere to local data regulations but also provide enterprises with secure and efficient Web3 solutions. The introduction of ARK, ARK+, PrivaSea, and TreePye exemplifies our commitment to innovation and helping businesses optimise their operations.”
The sector-agnostic nature of Qila’s platform also allows it to serve various industries, including healthcare, education, finance, real estate, automobile, and luxury goods.
Vishal Malhotra, CFO & Co-Founder of Qila, said, “We see immense potential in the UAE market, which is at the forefront of embracing new technologies. Our goal is to support enterprises in their Web3 journey by offering sector-agnostic solutions and innovative tools like ARK, ARK+, PrivaSea, and TreePye. This expansion is a testament to our growth strategy and our dedication to serving diverse markets with tailored solutions.”
About Qila
Qila is a pioneering SaaS company offering infrastructure solutions for Web3 adoption, specializing in blockchain and tokenization. With offices in Mumbai, Dubai, and Chicago, Qila empowers enterprises with easy API integration platforms and innovative tools like ARK, ARK+, PrivaSea, and TreePye, driving efficiency and cost savings in cloud usage.
