“Our investment in Nozomi Networks showcases our commitment to a global OT security firm that targets utilities. Nozomi Networks helps clients fulfill their vision to deliver digital utilities using autonomous systems for renewable energy, storage, and expansion in artificial intelligence (AI) adoption by providing digital services,” said H.E. Saeed Al Tayer, Chairman of Forward Investments. Nozomi Networks’ solutions currently support more than 17 million devices in thousands of installations across energy, manufacturing, mining, transportation, utilities, building automation, smart cities and critical infrastructure. Forward Investments is the venture capital and mergers and acquisitions (M&A) arm of Dubai Electricity and Water Authority (DEWA).

Source: The North Africa Journal November 17, 2020 12:56 UTC