BAKU, Azerbaijan, October 17. Last week it became known that BAKOTECH, an international group of companies, cooperates in Azerbaijan with such organizations as the Central Bank, Azerbaijan Railways CJSC, Kapital Bank and Veyseloglu, CEO at BAKOTECH Eugene Badakh told Trend.
Bakotech also cooperates with players in the areas of health care (Mandatory Health Insurance) and telecommunications (Azintelecom).
Cybersecurity in Azerbaijan is one of the priority areas of development and the financial sector was the first to allocate budgets for security and recruit the best specialists. Azerbaijani companies receive state-level support, and budgets are allocated for critical projects. After the Second Karabakh War, the issue of protecting the public sector became the most relevant, and very strong development of personnel and budgets in this area is seen today.
In addition, Azerbaijan sees strong demand for data access auditing, and access and user management solutions. Bakotech offers solutions in the field of cybersecurity, monitoring, building and optimizing the operation of infrastructure. Together with partners, the company is one of the main players in the cybersecurity market of Azerbaijan, focusing on developing expertise and implementing various projects in the country, including the first EDR (Endpoint Detection and Response) solutions (for detecting and responding to malicious activity at endpoints), the first SOAR (Security Organization, Automation and Response) solutions, the largest infrastructure and DLP (Data Loss Prevention) projects. The latter’s clients were Azerbaijan Railways CJSC and Kapital Bank.
Last week AzerTelecom and Türk Telecom International (TTI), the leading telecommunications companies of Azerbaijan and Türkiye, signed a contract to purchase an initial 200 Gbps of transit capacity establishing a foundation of the digital superhighway from Azerbaijan to Europe via Türkiye. The parties have already established cooperation in various communication service exchanges, including connectivity with the Nakhchivan region of Azerbaijan via Türkiye for the provision of the Nakhchivan region with stable, seamless, and secure communications services, including data and voice transmission. The new capacity building and connectivity route is a part of the strategic and large-scale 'Digital Silk Way' project of AzerTelecom that aims at building an East-West digital telecommunication corridor through Azerbaijan.
Moreover, the Russian Cognitive Pilot company plans to occupy a quarter of the autopilot systems market in Azerbaijan in the next two or three years. The company plans to introduce a version of Cognitive Agro Pilot for tractors to the Azerbaijani market by the end of 2022, which will allow increasing the volume of sales in this region several times. Moreover, the company wants to supply up to 100 sets of Cognitive Agro Pilot for tractors to Azerbaijan in 2023.