Sattrix Information Security Limited (BSE: SATTRIX), a global IT and cybersecurity leader, has entered into a strategic partnership with Malaysia-based Cloud IOT, now operating as Nimbus Cloud Sdn. Bhd. This Memorandum of Understanding (MOU) lays the foundation for a joint venture to address the growing demand for advanced cybersecurity and IT transformation solutions in Southeast Asia (SEA).
The collaboration merges Sattrix’s expertise in cybersecurity with Nimbus Cloud’s regional market presence and specialization in cloud infrastructure, security, and management. The joint venture aims to empower SEA businesses with robust, scalable, and secure solutions tailored to their unique needs.
Key Objectives of the Joint Venture
- Advanced Cybersecurity Solutions:
- Managed Security Services
- Risk Consulting
- Compliance Auditing
- Threat Mitigation
- IT Transformation Initiatives:
- Strengthening Security Infrastructure
- Advanced Application Development
- Scalable Product Solutions
- Digital Transformation Support:
- Cloud Infrastructure & Migration
- Enhanced Cloud Security & Management
- Industry-Specific IT Innovations
Kumaran Singaram, Founder of Cloud IOT, highlighted the collaboration’s transformative potential: “This partnership marks a pivotal moment, allowing us to expand our service offerings and solidify our leadership in cybersecurity and digital transformation across Southeast Asia. By leveraging Sattrix’s technical expertise alongside our regional market knowledge, we’re positioned to deliver sophisticated, scalable cybersecurity solutions tailored to the region’s specific needs.”
Sachhin Gajjaer, Managing Director of Sattrix Information Security Limited, emphasized adaptability and resilience: “We see tremendous potential in SEA market for cybersecurity solutions that are robust and adaptable to each market’s unique requirements. This joint venture reflects our commitment to delivering that adaptability, backed by expertise and technological strength. Together, we’ll provide SEA businesses with the resilience they need to thrive in a digital-first world.”
Market Context and Potential
With SEA undergoing rapid digital transformation, the region faces increasing cybersecurity threats and demands for IT modernization. The joint venture is positioned to provide end-to-end solutions that ensure businesses can innovate securely and maintain operational resilience.
Since its inception in 2013, Sattrix has established itself as a trusted cybersecurity provider across India, the USA, and the Middle East, and its recent BSE SME platform listing at a 24% premium underscores its market credibility.
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