Sep 26, 2016
STC Solutions Ranks 1st in IT Services provision market
STC Solutions ranked first as the largest IT services provider of 2015, according to results from a recent report published by IDC, the premier global provider of market intelligence, advisory services, and events for the information technology, telecommunications and consumer technology markets. The report titled ‘Competitive Profiles and Analysis of Leading IT Service Players in Saudi Arabia’, based on a study of the performance of the top local and international 96 IT services providers in the Kingdom, covers performance across 13 key IT service provision categories. At the end of 2015, the IT service provision market was worth over SAR 11 billion of which STC Solutions commanded close to 13%, ranking the company 1st place. Feeding into that ranking are double digit growth over the past few years, driven by the expansion of the STC Solutions information communication technology (ICT) capabilities portfolio. “Our market share position is a direct result of our unwavering commitment to customer satisfaction, the dedication and hard work of our talents and our continued efforts in acquiring and building local in-house capabilities in areas such as systems integration, advanced systems and networking, virtualization and managed services,” said Dr. Sultan Binsaeed, CEO of STC Solutions. “Our aim, which is to continue growing our offering and drive our competitiveness with a focus on the latest state-of-the-art ICT solutions and services such as IoT/M2M technologies, Big Data and Cloud solutions, is very much aligned with the vision of the senior leadership of our parent company STC,” he added. Matching their local talent with technologies from global players, STC Solutions is focused on reshaping the ICT market with forays into big data and cloud focused services, and bleeding edge IoT and M2M based services and solutions. STC Solutions is a subsidiary of the national operator STC and is focused on developing and managing state-of-the-art information communication technology (ICT) services, as well as providing bleeding edge ICT solutions to the government, and clients in the defense, utilities, healthcare and private sectors. STC Solutions has developed strategic alliances and partnerships with leading global technology players and is considered a formidable player in the fields of IT system integration, network consulting and integration, and managed services.
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