Introduction
Our Year at a Glance
Key highlights
Rated number 1 IT services provider in Saudi Arabia by the International Data Corporation (IDC) for the sixth consecutive year
With our IPO we have reached a noteworthy milestone as it was one of the most successful local offerings.
130x
oversubscriptions from Institutions
SAR 471 billion
institutional demand
2,365.0%
coverage rate
1,042,090
subscribers reached by individual investors
Financial highlights
SAR 7,816 million
revenue generated at the end of the financial year – a 13.4% growth since the previous year
SAR 833 million
net profit generated - an increase of 18.7%
SAR 1,107 million
EBITDA – an increase of 28.4% compared to the previous year
SAR 6.96
earnings per share
Partnerships
150+
partners including Microsoft, IBM, SAP and Oracle.
10
partners signed under VAP scalable rogram to penetrate the SME segment
SAR 3 billion
PO value
8 new
niche digital and emerging tech partners
Industries
As the Kingdom’s digital transformation enabler, we are contributing towards Vision 2030’s goal of transforming the KSA into a digital hub. This year we completed 400+ projects in multiple sectors including:
Empowering employees
Introduced the Unified Employees Platform. Key features of the Platform include
Products and services highlights
18 product launches;
across Digital, Managed,and Cloud Services
Voice Recognition, AI Thermal Feature (RAQIB Ext.), MSP PoS, VSS Evolution (Cloud Direct)
Unified Endpoint Management Service (UEMS) and ITAM, E2E Operation Managed Services, Smart Office in a Box
DNS registry service, Backup as a Service Revamp, Firewall as a Service, GPU as a service
Ventured into BPO business line with a robust roadmap
Awards, recognition, and certifications
Implementation Conformance Certificate Award eTOM 20.5 from mforum
Blue Ocean Award for supply chain management from IPSC
Procurement Digital Transformation Award from Procurement Middle East
Two Stevie Awards: Gold and Bronze
solutions’ CFO awarded CFO of the Year 2021 (Public Sector) by Saudi Trade Finance
Best Work Environment for Women Award
IT and Customer Services Digitization Award from servicenow
CISO 50 and Future Security Awards 2021 based on efforts in security transformation from Tahawultech.com
Certified Great Place to Work for high-trust, high-performing workplace cutlure
Certified Dammam7 DC Gold by Uptime Institute
First place for quarterly performance in most video games from GAME MODE
Outstanding Change Management Strategy Award from the GCC GOV HR Awards
Top 3 nominees for project of the year from the Project Management Institute
Appointed as Corporate Members of the IAOP
CITC Recognition
Highly Commended Honour at GLOTEL AWARDS 2021
ISO certifications
Key awards from partners
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Best Business Process Outsourcing Provider from SAP |
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VMware Master Services Competency for Data Center Virtualization |
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Excellence in VMware/Transformational Sales Award |
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Partner Excellence Award – Cyber & Cloud Vision 2021 from StarLink |
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System Integrator Partner of the year 2021 from F5 |
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Partner of the Year 2021 from HPE |
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Partner of the Year 2021 from Palo Alto Networks |
Corporate social responsibility
Office Furniture Donation to:
