Page 59 - SAMENA Trends - June-July 2020

REGIONAL & MEMBERS UPDATES SAMENA TRENDS

Today our customers view Cybersecurity Coronavirus. With the increased adoption enable organizations to monitor change
as not only an essential security tool, but of digital technologies, and the new normal in real-time in their digital risk posture
rather a part of board room discussions, of working from home, businesses are and make cyber risk an informed business
as it has emerged as a key differentiator susceptible to cyber-attacks now, more decision” CP Gurnani, Managing Director
impacting both topline and bottom-line. than ever. Saket Modi, Co-founder & CEO, and Chief Executive Officer, Tech Mahindra
Through this important strategic initiative, Lucideus, said, “Cybersecurity today is with John Chambers, Ex-Chairman, CISCO
Tech Mahindra endeavors to reiterate its the number one worry for CEOs globally formally announced the launch of the
position as the Cybersecurity partner of and today businesses are dealing with MACE program on 22nd June, 2020 during
choice by helping our clients be future ready multiple types of cybercriminals such as a virtual event on how enterprises are
and secure their digital assets through data extortionist,, digital robbers, insiders accelerating the digital transformation
proactive sharing of trends and analytics (own employees), terrorists, hactivitists post COVID-19. This collaboration aligns
to mitigate future threats.” Markets and and state actors. There has been a huge with Tech Mahindra’s TechMNxt charter
Markets forecasts the Cybersecurity rise in the sophistication of Cyberattacks to deliver innovative and cutting-edge
Market to grow from USD 152.71 billion and businesses will need to adopt a more technologies in cyber security and risk
in 2018 to USD 248.6 billion by 2023 at a proactive and objective approach, in management to customers globally.
CAGR of 10.2%, and this growth will only viewing their Cybersecurity risk posture.
amplify due to the outbreak of the novel Our partnership with Tech Mahindra will

Tech Mahindra Appoints Ram Ramachandran as Senior Vice President and
Head for Middle East & Africa

Tech Mahindra Ltd., a leading provider Mahindra. Ram is recognized by Forbes General Manager and Head (Enterprise
of digital transformation, consulting and as a Top 100 Global Leader in Middle East Division) for Middle East & Africa. Tech
business reengineering services and and also in Top 50 Indian Executives in Mahindra has been present in Middle East
solutions has announced the appointment the Arab World. Under his leadership the & Africa for over 20 years and has 125,200+
of Ram Ramachandran as Senior Vice MEA region has shown exceptional growth professionals across 90 countries, helping
President and Head for Middle East & Africa and today Tech Mahindra ranks amongst 973 global customers including Fortune
region. This includes the entire portfolio the largest IT service providers in the 500 companies.
of Enterprise, Communications, Media & region. He is a member of Tech Mahindra’s
Entertainment lines of business of Tech (TechM) Leadership Council and was the

Viu Ranks First by Number of Users Amongst
Major Video Streaming Platforms in Southeast

Asia Per Media Partners Asia’s AMPD Research

Viu, a leading pan-regional OTT video Indonesia, Thailand, Singapore and the of international formats such as Pretty
service from PCCW Media Group with more Philippines, excluding YouTube. Little Liars, My Bubble Tea and The Bridge.
than 41 million monthly active users*, is Ms. Janice Lee, Managing Director of In addition to serving viewers with great
pleased to announce encouraging findings PCCW Media Group, said, “From the content, we have built traction by offering
from a report covering Q1 2020 from AMPD beginning, our focus has been to build high quality localization in languages
Research, a subsidiary of Media Partners the leading OTT streaming platform for and user experience in our markets. All
Asia (MPA). today’s viewers with a sustainable and this has helped us serve our users better
Key highlights of the report: robust business model. With our dual and thereby achieve these rankings from
• Viu ranks first by number of users revenue stream for monetization and our AMPD Research.” The report, entitled
amongst major video streaming local offerings that are highly relevant “Southeast Asia Online Video Consumer
platforms, excluding YouTube, in in each country of operations, we have Insights & Analytics: A Definitive Study”,
Southeast Asia**. been the service of choice for our viewers leverages MPA’s proprietary AMPD
• Viu ranks second by streaming minutes across many markets. Our investments Research platform, which evaluates
amongst major streaming platforms, in content span the top pan-regional consumer behavior and usage patterns
excluding YouTube, in Southeast Asia**. content, such as Parasite and A World of across the digital economy, including
• In terms of time spent per week Married Couple to celebrated Viu Original online video and gaming. Using a unique
among users, Viu ranks in the Top 4 in productions including Asian adaptations solution that fuses passively observed

59 JUNE-JULY 2020