Abacus Group's New Venture in Dubai
Abacus Group is excited to announce its recent establishment in Dubai, marking a pivotal expansion into the UAE market. This venture aims to deliver top-notch IT and cybersecurity services to clients in the region, reflecting the company's commitment to local expertise.
Setting Up Strategic Operations
The decision to open an office in Dubai represents a strategic move for Abacus. By situating itself within the Dubai International Financial Centre (DIFC), the firm places itself at the very heart of a bustling business environment. DIFC is known as a premier financial hub not only in the Middle East but also in Africa and South Asia, making it ideal for Abacus's goals.
Abacus has seen significant growth in its clientele within the UAE. In just 18 months, the company has doubled the number of clients operating in the region, indicating the burgeoning demand for specialized managed IT and cybersecurity services.
Addressing Rising Demand
The increasing need for expert cybersecurity solutions and efficient IT management arises from a rapidly evolving regulatory landscape in the UAE. Businesses in Dubai are drawn to its progressive rules around technology and finance, creating a fertile ground for firms that require robust IT infrastructure. Abacus aims to meet this demand head-on, providing services tailored for financial institutions and other regulated industries.
Leadership Perspectives on the Expansion
Tom Cole, Managing Director of EMEA at Abacus Group, expressed enthusiasm regarding Dubai’s potential as a business hub. He noted that the city is attracting some of the world’s foremost alternative investment managers, all keen on establishing a foothold in a dynamic marketplace supported by experienced providers. This presents an excellent opportunity for Abacus to leverage its expertise, especially in delivering high-grade IT support tailored to smaller firms.
Salmaan Jaffery, Chief Business Development Officer at DIFC Authority, echoed the sentiment surrounding Abacus's decision. Welcoming the company to DIFC, he emphasized that their presence reinforces Dubai’s status as an innovation leader and a critical player for financial institutions seeking IT and cyber support.
Services Offered by Abacus
With this new office, Abacus is set to roll out its complete spectrum of managed IT services. This includes offerings such as the abacusFlex platform, emergency incident response services, and red team capabilities designed to secure their clients comprehensively. By enhancing compliance, these services are crucial for businesses navigating the DIFC’s regulatory requirements.
Enhancing Local Talent Pool
Establishing operations on the ground in Dubai signals a commitment not only to clients but also to fostering local talent. Abacus aims to create new job opportunities for professionals in IT and cybersecurity, enriching the local workforce by tapping into graduates and skilled individuals from the city’s educational institutions. Tom Cole mentioned their efforts to blend local talent with seasoned professionals from their global team to bolster the company’s effectiveness in the region.
Additionally, the firm will create an environment that nurtures new talent. By embedding their operations within the city, Abacus aims to harvest innovation from the local ecosystem, benefiting both the company and its clients.
About Abacus Group
Abacus Group is a leading global IT and cybersecurity managed services provider, dedicated to serving key industries like finance and healthcare. Their wide array of services includes managed IT, disaster recovery solutions, and help desk support, all streamlined through an integrated platform.
About Dubai International Financial Centre
Established as a key financial district, the Dubai International Financial Centre (DIFC) fosters trade and investment across multiple regions. It is renowned for its advanced regulatory framework and vibrant financial ecosystem, supported by a robust pool of talent and innovative companies ready to engage with global markets.
Frequently Asked Questions
What did Abacus Group announce regarding its expansion?
Abacus Group announced the opening of a new office in Dubai, aiming to enhance its IT and cybersecurity services.
Where is Abacus Group's new office located?
The new office is situated in Dubai International Financial Centre (DIFC), a key financial hub in the region.
What services will Abacus Group offer from its Dubai office?
Abacus will provide a full suite of managed IT services, including the abacusFlex platform and cybersecurity solutions compliant with local regulations.
Why is Dubai a significant location for Abacus Group?
Dubai is emerging as a global hub for investment managers and is recognized for its supportive regulatory environment, making it ideal for Abacus's operations.
How does Abacus Group plan to impact local employment?
Abacus aims to create job opportunities for IT and cybersecurity professionals in Dubai, enhancing the local talent pool by integrating global best practices with local expertise.
