Safe-T Group Ltd has announced that its ongoing investments into its enterprise privacy business in support of its penetration into the Asia-Pacific (APAC) region in the fourth quarter of 2021 have driven significant new enterprises additions.
The company in October 2021 expanded and upgraded the capabilities of its enterprise privacy solution in support of its planned entry into the APAC markets, supported by dedicated staffing, content localization, user interface translations, and the addition of digital payment services.
During its 4Q, Safe-T said it added more than 75 paying organizations in the APAC region. The New APAC customers are from the fields of e-commerce, travel-tech, and data collection of NFTs (Non-Fungible Tokens).
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“Safe-T continues to execute on its plan to expand its capabilities and global reach in large cybersecurity and privacy markets, and we are pleased with the early success and excellent results we are seeing in APAC, our newest market,” said Safe-T CEO Shachar Daniel in a statement.
“Thanks to our local, dedicated team, business in APAC is accelerating and is expected to contribute to our strong revenue growth in 2022. It is our intention to capture a considerable share of new, large, high growth global sectors including e-Commerce and NFT data collection, especially in the APAC region where the value of our enterprises privacy solutions is now being recognized by a growing list of customers."
Safe-T’s enterprise privacy solution allows easier, faster, and more accurate data collection from public online sources for customers seeking data for business analytics and enterprise-level decision-making. Its enterprise privacy solution is one of the world’s fastest and most advanced networks.
The company noted that the significant growth of its business in APAC demonstrates its ability to effectively penetrate new markets through the design and execution of market-specific strategies including upgraded infrastructure, product enhancements, localization of user interfaces, and dedicated marketing support.
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