Intelligent SME.tech Issue 34 | Page 9

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Qureos launches an AI recruitment game-changer in the MENA region

candidate sourcing , evaluation and matching the requirements by harnessing the benefits of advanced AI and ML algorithms .

Less than half of SMBs deploy privileged access management

Most successful breaches involve stolen or compromised credentials that are used to escalate privileges and move laterally across a network , something which privileged access management ( PAM ) offerings are ideally suited to protect against .

Qureos , a UAE-based startup dedicated to advancing careers in the MENA region , has announced the launch of Iris , a game-changing AI recruitment platform , set to reshape the talent acquisition landscape in the region . Designed to empower employers with unparalleled efficiency , Iris delivers an entirely new approach to

Streamlining the entire process , Iris can present an average of 47 relevant candidates per search in just 26 seconds . This platform holds the potential to reduce time-to-hire and slash recruitment costs by up to 43 %.

Iris conducts rapid and comprehensive evaluations of candidates , pinpointing ideal matches with remarkable precision . Iris will also play a pivotal role in helping employers to address the prolonged time to employment in the region , which currently is up to 18 months for early-incareer talent , narrow the skills gap and tackle the pressing issue of job creation .

Keeper Security highlights S & P Market Intelligence data showing that just 43 % of SMBs have deployed PAM , compared to other leading security technologies like network , email and endpoint security and SIEM tools , which are all above 75 % deployment . PAM products have typically been extremely complex , expensive to deploy and maintain and extremely difficult to use , while also requiring substantial dedicated staff to operate – putting them out of reach for most smaller businesses .

“ With the expansion of the attack surface due to remote and hybrid working , PAM is becoming increasingly critical . At the same time , the definition of a ‘ privileged user ’ needs to widen to address a broader range of employees ,” said Darren Guccione , CEO and Cofounder at Keeper Security .

Quantexa commits to £ 200 million in AI investment by 2027

Quantexa , a global leader in Decision Intelligence ( DI ) solutions for the public and private sectors , has announced that it will invest an additional £ 125 million in the global Artificial Intelligence ( AI ) industry over the next three years to help clients advance the use of AI to protect , optimise and grow their organisations . By 2027 , Quantexa ’ s total global investment in AI will reach more than £ 200 million .

The investment marks Quantexa ’ s continued advancements in AI with the preview of its generative AI technology , Q Assist . Quantexa also furthered its commitment to advancing the company ’ s existing AI Stack to enable its growing global ecosystem of clients and partners to unlock new industry-specific use cases for financial services , insurance , telecommunications , healthcare and in the public sector . Quantexa ’ s DI platform and suite of solutions for data management , customer intelligence , KYC , risk , fraud and financial crime have been deployed in over 70 countries .