SITE, Privafy Ink Partnership to Elevate Cybersecurity in Saudi Arabia
The Saudi Information Technology Company (SITE), a subsidiary of the Public Investment Fund (PIF), has forged a partnership with US-based Privafy Inc., under the brand “Metrass,” to launch a joint venture aimed at bolstering cybersecurity in Saudi Arabia. This announcement was made on the sidelines of the Future Investment Initiative 2023 in Riyadh.
Ushering Advanced Services
SITE unveiled this alliance as a step towards advancing cybersecurity services in the Kingdom, focusing on Extended Detection & Response (XDR) technologies.
Transferring and Localizing Technologies
The partnership is also geared towards the transfer and localization of technologies and knowledge, aligning with the objectives of the Public Investment Fund program (2021 – 2025) for establishing strategic economic partnerships. It leverages SITE’s leadership and local and regional market position to deliver a comprehensive range of technologically advanced, securely designed services spearheaded by national expertise.
Meeting Market Demands and Customer Needs
This collaboration aligns with SITE’s strategic initiatives to expand international partnerships, develop, and localize capabilities to meet market requirements and customer needs. Established in 2017, SITE, wholly owned by the Public Investment Fund, continues to strive for customer satisfaction.
Innovating Products and Services
SITE, through its national capabilities and collaborations with leading global companies, is at the forefront of developing reliable, innovative products, services, and solutions in cybersecurity, cloud computing, systems integration, software development, and human capital development.
Privafy, headquartered in Boston, USA, specializes in delivering cloud-based cybersecurity services. The company offers integrated security solutions for networks and endpoints, aiming to replace heterogeneous traditional solutions with unified, innovative ones.
