Octopus, Cisco Technologies sign MoU to extend reach in IoT Cybersecurity space

July 26, 2022 (MLN): Octopus Digital Limited, a subsidiary of Avanceon Limited, and Cisco Technologies have signed a Memorandum of Understanding (MoU) to accelerate awareness, sales, and market share of Cisco Technology products within the IoT Cybersecurity space, a notice issued to Exchange said today.

The collaboration will see the two organizations share resources and expertise with the objective of providing Avanceon customers state-of-the-art Cisco Technologies solutions, the notice said.

The key aspects of the MoU between Octopus Digital and Cisco Technologies include market awareness, providing product access, and driving sales through IoT Cybersecurity customers.

On the occasion, Adeel Khalid, Director, while expressing his views said that Octopus Digital has always ensured the integrity and security of her customer’s plant floor assets.

“With the looming threat of infiltration, Octopus Digital is pleased to have a global leader like CISCO in our corner. This MoU will truly be a significant
collaboration, where Octopus Digital will provide customers with a state-of-the-art  IoT Cybersecurity solution and CISCO, will be able to extend its reach in this developing region.”

Meanwhile, David O’ Hara, leader of IoT RTM EMEAR, said, “Cisco are delighted to enter into a partnership with Octopus Digital and focus on building a best-in-class IoT Cyber security value proposition for the MEA region.

This collaboration will help Cisco further extend its leadership position in IoT Cyber Security, and together with Octopus Digital successfully address the security needs of clients in this fast-growing region, we are proud to count on Octopus Digital as a key partner.

The strategic objective of the MoU between the two companies is to provide Octopus Digital customers with high-end OT Cybersecurity solutions and products and is part of Cisco’s Cyber Vision Partner Initiative, the notice said.

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