In a significant development, European software company Ice Warp has announced a multimillion-dollar investment in Pakistan's technology sector.
The company has partnered with Pakistani software firm HexaLys to establish a state-of-the-art data warehouse in Karachi.
During a joint press conference held in Karachi, representatives from both companies expressed their commitment to commence operations in Pakistan imminently.
This strategic initiative marks Ice Warp's expansion into the Pakistani market, following its provision of data center facilities in countries like India, Sri Lanka, and Bangladesh.
The establishment of a local data warehouse will enable Pakistani corporate customers to securely store their data, including email communications, within the country itself—a significant milestone for data sovereignty and privacy.
According to Syed Saad Ali, CEO of HexaLys, this initiative will provide Pakistani companies with access to state-of-the-art data services at a competitive cost compared to global giants like Google and Microsoft.
Moreover, the collaboration between HexaLys and Ice Warp is expected to generate substantial savings in foreign exchange expenditure, as the companies aim to offer cost-effective data center solutions tailored to the needs of Pakistani businesses.
The introduction of advanced corporate email solutions through this partnership will empower hundreds of Pakistani companies with access to cutting-edge technology, fostering digital transformation and innovation across various industries.
Looking ahead, both HexaLys and Ice Warp have ambitious plans to expand their presence beyond Pakistan, with the establishment of data centers in key markets such as Saudi Arabia and the UAE.
