Bell Canada is leveraging current market conditions to unveil a Security-as-a-Service (SECaaS) offering that is both timely and opportunistic. This launch positions Bell Canada to seize on Canada’s recent wave of national pride due to strained US relations. Their SECaaS promises real-time threat response, scalability, and compliance with local data regulations, ensuring Canadian data stays within its borders.
The service is anchored by the Bell Business Enterprise Cyber Intelligence Centre in Canada. The centre, open around the clock, is staffed by analysts with Canadian Industrial Security Directorate clearance. “With the increasing threat of cyber attacks, it’s crucial for businesses to have access to reliable and advanced security solutions,” said John Menezes, CEO of BCE’s cyber security arm, Stratejm.
The emphasis on localism extends to Telus, a regional competitor that plans to introduce Canada’s leading AI facility. This facility aims to promote domestic AI developments and maintain competitiveness without relying on US support. Hesham Fahmy, Telus’ CIO, highlighted their focus on prioritizing Canadian talent and innovation.
Similarly, tech companies elsewhere are prioritizing regional solutions. In Europe, there’s a call to action for tech sovereignty amid mixed transatlantic relations. For instance, Norwegian giant Telenor plans to create a European alternative to Google Drive through a partnership with Jotta.
Despite the nationalistic advertising, the core driver remains the growing demand for SECaaS. With global cyber threats intensifying and a shortage of skilled security professionals, companies are seeking flexible, service-based security solutions. Research by IDC predicts a 12.2% increase in cybersecurity spending this year, expecting it to reach $377 billion by 2028.
