FPT Software Inked MOU With Rqeem to Drive Digital Transformation in Saudi Arabia
Through this partnership, FPT Software is committed to delivering world-class digital solutions and IT services to power the Kingdom of Saudi Arabia’s digital transformation journey across various sectors, including smart manufacturing and smart cities.
Rqeem Company was founded by The Royal Commission for Jubail and Yanbu in mid-2021 as a technical arm and digital enabler to support and empower industrial investors to digitize and adopt applications of fourth industrial revolution technologies and support the transformation of factories’ standards of operational excellence and advanced technologies to convert to smart industries.
The MOU serves as a strategic framework to foster collaboration and explore mutually beneficial business opportunities in the realm of digital transformation, with a particular focus on enhancing services for various industries.
Frank Bignone, Vice President, Managing Director of Digital Transformation Division, FPT Software, expressed his enthusiasm regarding the collaboration, “FPT Software’s significant investment in the Middle East underscores our commitment to this high-growth region. FPT Software can contribute to Saudi Arabia’s 2030 vision by extending over 30,000 personnel across the world to the Kingdom and developing critical capabilities locally in parallel. We are confident that we can meet and exceed the strong demand in the Middle East, supporting ambitious digital transformation initiatives across various industries.”
With a strong foothold in the Middle East, FPT Software remains poised to drive transformative change, leveraging its global expertise and resources to support Saudi Arabia’s ambitious digital transformation initiatives across various sectors, including financial services, public sector, energy, aviation, tourism, smart manufacturing and smart cities.