solutions by stc has signed a new contract valued at SAR 48.47 million with the Saudi Electricity Company (SEC), further strengthening its position as a key provider of digital transformation and ICT services in Saudi Arabia.
According to a disclosure published on the Saudi Exchange (Tadawul), the agreement covers the provision of managed services and technical support solutions for the Saudi Electricity Company’s operational requirements. The contract is expected to contribute positively to solutions by stc’s financial performance over the duration of the project.
The deal underscores the growing demand for advanced digital infrastructure and managed technology services among major public utilities as organizations accelerate modernization efforts and adopt more sophisticated digital operating models.
solutions by stc has continued to expand its footprint across government, enterprise, and critical infrastructure sectors by delivering cloud services, cybersecurity solutions, managed ICT services, digital integration platforms, and emerging technology capabilities. The company remains one of Saudi Arabia’s leading digital transformation enablers, supporting organizations as they modernize operations and improve service delivery.
For the Saudi Electricity Company, technology investments remain central to improving operational efficiency, enhancing network management capabilities, and supporting the Kingdom’s broader energy transition and digital transformation objectives. Utilities globally are increasingly leveraging advanced digital platforms, data analytics, automation, and intelligent infrastructure management tools to optimize performance and improve customer experiences.
The contract also aligns with Saudi Arabia’s Vision 2030 agenda, which continues to drive investments in digital infrastructure across strategic sectors including energy, utilities, transportation, healthcare, and government services.
As digitalization becomes increasingly embedded within critical infrastructure operations, partnerships between technology providers and utility operators are expected to play a growing role in enabling smarter, more resilient, and data-driven service environments.
Editor’s Note
The significance of this contract extends beyond its monetary value. Utilities are becoming some of the largest consumers of advanced ICT services as they modernize operations and integrate digital technologies into critical infrastructure management. For solutions by stc, continued wins in sectors such as energy reinforce its evolution from a traditional ICT provider into a strategic digital transformation partner. As Saudi Arabia accelerates investments in smart infrastructure under Vision 2030, technology providers capable of delivering managed services, cybersecurity, cloud, and operational intelligence solutions are likely to see sustained growth opportunities across the Kingdom’s critical sectors.
