VASCO opens Bahrain office
Security vendor has three-step plan for making a strong name for itself in the Middle East market
Software security outfit VASCO Data Security is opening an office in the Kingdom of Bahrain to firmly establish its presence in the Middle East market.
The company, which specialises in network authentication products, says that the move is part of its ‘three-step' strategy to build a solid name for itself in this region.
According to the vendor, the three-step plan consists of firstly building local market presence in the banking sector by winning a number of large customers. Then the firm has designs on entering the enterprise security market with solutions for securing remote access and application security. Following that the culmination of the plan will involve hiring local employees establishing further partnerships with local distributors and opening a local headquarters.
"VASCO already has several customers in the Middle East, among others Arab Bank in the United Arab Emirates and Riyad Bank in the Kingdom of Saudi Arabia. We already work together with local distributors, amongst others, FVC in Dubai and we are convinced that our local presence will provide us with further growth opportunities," said Jan Valcke, President and COO at VASCO Data Security.
The new office in Bahrain will be responsible for sales and support in the Middle East.