As the foremost enabler for digital transformation in the Kingdom of Saudi Arabia, solutions by stc marked 2023 as a pivotal year in remodeling the nation’s technology landscape. We spearheaded the critical progress of businesses and organizations across multiple sectors, revolutionizing their operations and productivity, while aligning seamlessly with the Kingdom’s Vision 2030.

Our multiple successes included crucial new partnerships and acquisitions, additional government sector services, and innovative progress in our internal operations. For shareholders and investors, our digital transformation achievements have been outstanding, which were reflected in a 25.4% increase in our revenue.

Increase in revenue
from digital services

4.7%

(YoY)

Expanding Partner Network

In 2023, solutions by stc significantly expanded its internal professional services capabilities to cover services for leading vendor’s products and solutions such as Infoblox, VMware, Dell Technologies, Imagicle, PaloAlto Networks, Microsoft, and SAP. These partnerships and capabilities have allowed for an enhanced range of product offerings and improved cloud services, aligning with solutions by stc’s commitment to diversity and expertise. Moreover, these alliances have fostered market and territorial advancements, particularly with Samsung, who is developing new digital solutions for the Saudi market.

In terms of investment, our acquisition of Giza Systems, a leading integrator in the region, enabled a new phase of expansion and consolidation, strengthening our presence in key growth areas.

Our partnership with Devoteam SAS to acquire 40% of Devoteam Middle East expands our consultancy capabilities, and the full acquisition of Contact Center Company (ccc) will drive further growth for the newly created ccc by stc, particularly with our presence in regional markets.

solutions by stc always has Saudi Vision 2030 front of mind in everything we do. Our aim is to be one of the major contributors to nationwide digital transformation and we take enormous pride in the roles we have been given in some of the most prestigious projects in the Kingdom. Over the past 4 years, Saudi Arabia has risen faster than any other nation in the Global Innovation Index as we fulfill our destiny as one of the great knowledge-based economies.

Customer name and value delivered

The Smart City infrastructure project aims to provide a comprehensive E2E solution for 5 use cases, including smart lighting, smart irrigation, smart EV charging, smart digital signage, and smart waste. The architecture will consolidate these 5 use cases into a single platform, facilitating direct access for monitoring, fault management, and control. Data sharing across services will be seamless and in strict adherence to data policies. The project will deliver a horizontal IoT platform that can potentially be used across RSG projects, offering leading vertical solutions for EV charging, waste management, signage, lighting, and water management. The solution should seamlessly integrate with the RSG master data platform, incorporating advanced applications, reporting, and machine learning capabilities, thereby reducing time to market and simplifying the development, validation, and deployment of these 5 services.
The Mohammed Bin Salman non-proft City project, where solutions by stc serves as the Master System Integrator, has achieved significant milestones. The foundation of the Smart City project has been established, including the development of the Smart City Platform, a data center, an integrated command and control center, and other multiple smart use cases.
The project encompassed diverse managed services, including Network, Data Canter, Security, Wireless, Telecom, Design, Governance, and Special/On-Demand Professional projects, spread across multiple locations. Success metrics include a major upgrade reducing RTO, optimizing network performance, achieving compliance in NCA controls, and successfully implementing design projects. The impact of managed services on critical applications and services in NCGR contributes significantly to the backbone of the KSA’s economy and the 2030 Vision.
One-of-a-kind supercomputing projects to be delivered to SDAIA customers supporting them in running multiple use cases requiring high performance and compute machines. The project will be delivered in partnership with NVIDIA, the leading HPC worldwide provider.
The project will support Saudi Aramco’s Digital Transformation over five years by providing supercomputer infrastructure in addition to, hosting, maintenance, support and related services.