Dubai-based Forward Investments announced it has invested in Nozomi Networks, a global market leader in Operational Technology (OT) and Internet of Things (IoT) security, headquartered in San Francisco, USA. This investment represents the strong relationship forged between the two entities and plays a role in fueling innovation in the delivery of Information Technology (IT), OT and IoT cybersecurity services to enterprises across the public and private sectors in the UAE and broader Middle East and North Africa (MENA) region. 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. "Given escalating cyber risks to ICS and control networks, advanced monitoring and threat detection systems play an increasingly critical role. It seems fitting that the pioneering investment for Forward Investments is with Nozomi Networks, itself a pioneer in securing the modernization of critical industrial infrastructure in the region and around the globe."

Nozomi Networks Inc., the leader in OT and IoT security, announced its products are now available on the Schneider Electric Exchange, making it faster and easier for Schneider Electric customers to integrate Nozomi Networks solutions into their existing EcoStruxure product architecture and other Schneider Electric energy and automation software, devices and services. The Schneider Electric Exchange connects the company's ecosystem of digital partners to accelerate and scale innovation – and provide customers with easier access to the tools they need to operationalize artificial intelligence (AI) and machine learning (ML) for real-world problems. As a valued Master Technology Partner, Nozomi Networks delivers real-world OT and IoT cybersecurity expertise that's in high demand and the industrial-strength monitoring and threat detection that Schneider Electric's customers require. Advanced options like multi-site monitoring in the cloud and new innovations in IoT anomaly detection are available from Nozomi Networks to meet the most advanced cybersecurity requirements. "Digital transformation is improving our customers' business performance in ways they never imagined. Connectivity now spans IT, OT, and IoT operations and is used to extract, contextualize and apply new levels of rich data," said Jay Abdallah, Vice President, Cybersecurity Services, Schneider Electric.