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The expansion is aimed to provide multiple advantages for enterprises operating in the UAE, which includes data security, compliance with local regulations, and streamlined integration of blockchain technology. Qila’s new 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.
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 and Co-Founder of Qila, said its goal is to support enterprises in their Web3 journey by offering sector-agnostic solutions and innovative tools and this expansion is a testament to its growth strategy and our dedication to serving diverse markets with tailored solutions.
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