Data & analytics firm will have its headquarters in Dubai.
Global data & analytics Kagool is expanding into MENA with the opening of its regional headquarters in Dubai, spurred by projections indicating that the data analytics, artificial intelligence, and cyber security business in the region will grow by 20.4% to $28.36 billion by 2026.
As new data opportunities are opening up, including in different verticals such as financial services, manufacturing, retail, and energy, Kagool aims to leverage its trademark products Velocity and Pulse, as well as its understanding of leading technologies in the market such as SAP, Oracle, and Microsoft.
Pulse is an end-to-end data tool that supports companies struggling to acquire insightful and validated data. It supports complex datasets, runs validations across all functional areas and platforms, provides ongoing data governance to support insightful data analytics, and helps in data migration.
Velocity can be integrated with SAP, Oracle, DB2, and Salesforce, to ingest real-time data into Microsoft Azure to run analytics and prediction in real time. This tool handles large data volumes without impacting source performance.
Kagool is now operating in the UK, USA, India, Mexico, Kuala Lumpur, Netherlands, Qatar, and the UAE, and is planning to expand further to Saudi Arabia.
Mohamad Fayez, Managing Director of Kagool MEA, said in a statement, "While data is necessary, sifting through the noise to focus on the required information is essential. It is becoming easier to feel overwhelmed by the increasing volume of data that is accessible. Understanding what is critical to the business helps decision-makers evaluate what data counts or should be counted. Kagool’s successful data analytics isolates what matters to the organization, with a team of industry experts and disciplined tools that pinpoint critical and valuable insights."
Dan Barlow, CEO of Kagool, added, “We are very excited to expand into this region as we see great potential across the whole MEA. This region is strategically important as part of our global expansion initiatives, which is why we’re investing $8,000,000 over the next two years to accelerate our market penetration here. We’re clearly at an inflection point regarding cloud adoption in this region. As experts in data modernization, the timing is perfect for us to establish our presence here. The UAE is already a global leader in AI adoption and thought leadership, and coupled with Microsoft Data and AI capabilities; we see enormous potential to create world-class innovative solutions.”