MEEZA QSTP (Arabic: ميزة كيو اس تس بي) is an IT provider founded in Qatar Science & Technology Park (QSTP).[1][2]
The company has five Tier III certified data centres known as M-VAULTs, offering a guaranteed uptime of 99.98% built to comply with the international standards.[3][4]
MEEZA's provides Data Centre Services, Managed IT services, Cloud Services, and IT Security Services, as well as Smart Cities Solutions[clarification needed] and Artificial Intelligence (AI).[5]
MEEZA is a publicly quoted company on Qatar Stock Exchange main market.[6][7]
History
MEEZA was founded in 2008 as Qatar Foundation joint venture providing Information Technology (IT) services.[8] The name MEEZA was derived from the Arabic word “Advantage”.[9]
MEEZA opened its first data centre M-VAULT in 2009, offering 99.98% availability.[10] In 2012, MEEZA has opened M-VAULT 3 data centre in the second quarter and M-VAULT 2 data centre in the third quarter.[11] The data centres have been designed to Uptime Institute Tier 3 standards, with 99.98% guaranteed availability.[12][13] In addition, MEEZA was the first company in Qatar to have Security Operations Centre (SOC), enabling to mitigate digital and cybersecurity threats.[14][15]
In 2021, MEEZA launched its fourth data centre, M-VAULT 4 hosting Microsoft cloud data centre.[16][17] Later in 2022, MEEZA announced the launch of M-VAULT 5 data centre less than one year after the launch of M-VAULT 4 data centre to meet the increasing demand for data centres and cloud services.[18]
As of 2023, MEEZA is the first company to use the book building exercise for the Initial Public Offering (IPO) in Qatar.[19][20] MEEZA shares were listed on the Qatar Stock Exchange main market from 23 August 2023.[21][22]
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