In a significant development for the Middle East’s digital sector, Panamax Technology, a leader in global digital services, has announced a strategic partnership with Hilal Technology, the technological division of Bahrain’s Al Hilal Group. This collaboration is set to enhance digital initiatives across Bahrain and Saudi Arabia, leveraging Panamax’s 22 years of expertise in business modernization solutions including ERP, cloud services, managed services, Governance, Risk Management, and Compliance (GRC), Digital Banking and Payments, and Telecom.
Through this partnership, Panamax secures a robust foothold in the Middle East, benefiting from Hilal’s extensive network within Bahrain and Saudi Arabia. The alliance aims to introduce cutting-edge technologies to regional businesses, enhancing their operational efficiency and growth. Focus areas will include application modernization, sustainability efforts, data analytics, artificial intelligence, robotic process automation, security, and human capital management.
Hilal Technology, a pioneering tech entity in the Middle East, will significantly broaden its solution offerings by integrating Panamax’s global partnerships with industry giants like IBM, Microsoft, Epicor, Adrenalin, Oracle, and SAP. This will enable Hilal Technology to deliver a diversified suite of services tailored to meet the dynamic needs of Middle Eastern enterprises.
The partnership was officially inaugurated at a signing ceremony attended by prominent figures including Ronnie Middleton, Managing Director of Al Hilal Group; Mahmoud Abbas, COO of Al Hilal Group; Raju M V, Executive Vice President of Panamax; Shikha Girotra, General Manager- Sales at Panamax; Deepak Magar, Senior Manager-Enterprise Software at Hilal Technology, among other executives.
A recent success story cited includes Hilal Technology facilitating a major deal with the region’s largest aluminum manufacturer to upgrade their outdated ERP system to the latest Epicor ERP solution, thereby enhancing the manufacturer’s operational visibility and market responsiveness.
As Panamax and Hilal Technology embark on their collaborative journey, they are poised to empower more regional businesses with advanced solutions that leverage emerging technologies, striving for operational excellence and substantial growth in the Middle East, particularly in Bahrain and Saudi Arabia.
“This partnership marks a significant milestone and the beginning of a transformative era for Middle East enterprises, poised to revolutionize business operations and elevate them to unprecedented heights,” the statement concluded.
