The National Security Services Company (SAFE) and “iot squared” have signed a memorandum of understanding (MoU) to collaborate on delivering secure internet-of-things (IoT) solutions in Saudi Arabia. This partnership combines the strengths of both companies in information and communications technology (ICT) and national security to develop advanced security services.
The MoU outlines several key initiatives, including cross-selling services, developing new IoT security solutions, and addressing market gaps. The collaboration will leverage SAFE’s security expertise and iot squared’s technological capabilities to create a foundation for future partnerships, scalable services, and co-branded initiatives.
Both companies will expand into the security industry by developing innovative security technology applications, including a Security-as-a-Service (SaaS) offering tailored for key clients. They will also market integrated solutions such as Physical Security Information Management (PSIM) software, video surveillance as a service (VSaaS), closed-circuit television (CCTV), unmanned systems, and other security technologies. The partnership aims to contribute to the development of secure IoT infrastructure and support the growth of the technology and security sectors in Saudi Arabia.
