Mindware, a regional leader in Value Added Distribution, today announced that it has signed a partnership in the GCC region with Circularo, a provider of a truly unique, award-winning, next generation Digital Transformation Platform. The solution is hosted in Microsoft Azure Cloud and comes in different flavours to meet the particular needs of small to medium and large enterprise clients alike.
Commenting on the partnership, Silmi Khanfir, Director of Cloud & XaaS at Mindware said, “The eSignature market is one of the fastest-growing across the world. It is a major element in the overall global digital evolution and is a part of business-critical infrastructure. The GCC is following this trend.”
“By adding Circularo to our portfolio, Mindware offers enterprises a truly arabised and internationally recognized eSigning solution hosted locally in the region. It also allows our partners to increase their business around Microsoft 365 with a minimum of investment,” he added.
According to a recent report by research firm MarketsandMarkets, the global digital signature market is projected to grow from US$ 2.8 billion in 2020 to US$ 14.1 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 31.0% during the forecast period.
Circularo eSigning & Agreement Management Platform is quickly becoming a critical part of business continuity and remote work initiatives as many companies recognize the importance of signing contracts and other business documents securely online, both within and outside their organization network. The platform fits very well into many digital transformation and paperless initiatives as it enables the organizations to prepare, sign, track and organise agreements online in hours, not days. Circularo Digital Signatures are compliant with world-class standards of security, privacy, data-protection and electronic signature industry regulations. It is one of very few international vendors being both certified by the Telecommunications Regulatory Authority (TRA) in the UAE, and at the same time, meeting the local data residency laws. The solution is fully arabised, providing great both right-to-left user experience for Arabic users and left-to-right for the English speaking users.
Circularo provides the technology platform and Software-as-a-Service (SaaS) fully managed in Microsoft Azure. Its seamless Microsoft 365 online integration and built-in document management capabilities make a real difference. Mindware will provide 24x7 system monitoring and technical support. For enterprise customers, the company guarantees 99.95% uptime availability of the platform. The solution brings additional benefits to Microsoft customers who can leverage their existing investments.
Circularo is well established and trusted by many leading organizations in the GCC region, from developers, banks, investment funds to federal and local governments. As every business ‘runs on agreements’, Circularo is a horizontally applicable eSigning solution, that virtually any kind of business environment can benefit from. Although there are many different use cases and best practices, the core nature stays the same: The need to prepare actionable and signable documents and to have them signed online.
“We see tremendous potential in the underpenetrated eSignature market in the GCC. And as one of the leading eSignature providers in the region, we believe that with Mindware's strong presence and reseller network we can further accelerate our international expansion. Our goal is to provide innovative and easy to use eSignature solutions that everybody would be happy to agree on,” concluded Dr. Josef Neumann, CEO, Circularo.