In a landmark move that promises to revolutionize the digital landscape of Saudi Arabia, stc Group has announced a strategic partnership with global technology giant Microsoft. This collaboration is set to usher in a new era of digital transformation across various industries, significantly enhancing the growth potential of small businesses in the burgeoning digital economy.
The synergy between stc Group and Microsoft is focused on enabling stc’s subsidiaries to expand into novel markets, curate disruptive business models, and introduce groundbreaking products and services. The partnership is characterized by a shared commitment to drive innovation by leveraging advanced technologies, aiming to provide high-quality, secure, and safe digital experiences for businesses throughout the Kingdom.
Olayan AlWetaid, Group CEO of stc, emphasized the transformative nature of the alliance, saying, “Our strategic partnership with Microsoft marks a defining moment in the history of digital transformation for both stc group and the Kingdom of Saudi Arabia. This collaboration isn’t just about technology; it’s about promoting a future where Saudi Arabia is at the forefront of global innovation, setting the standard for what’s possible in the digital age. Together with Microsoft, we will work to bring the latest technologies to Saudi Arabia and help businesses of all sizes to embrace digital transformation, advance economic diversification, and create a more vibrant and prosperous future for our country.”
Expressing his enthusiasm, Mr. Ralph Haupter, President of Microsoft EMEA, stated, “We are excited about this next phase in our journey with stc. Our aim is to empower businesses of all sizes and industries with tailored digital solutions that enable them to innovate and solve their unique challenges to drive equitable business growth.”
As an innovation catalyst, the alliance is expected to have a ripple effect, accelerating the digital transformation of industries not just within the Kingdom but also on a global scale. The partnership plans to integrate stc group’s local and regional channels with Microsoft’s extensive partner and developer ecosystem. This integration will form a virtuous cycle that deploys new baseline services to stimulate partner-led innovation, thereby generating demand. Furthermore, the alliance is dedicated to skill development and digitizing sectors that have yet to fully embrace digital technology, with an overarching goal of making the fruits of innovation inclusive and sustainable.
This partnership between stc Group and Microsoft is more than a mere collaboration; it represents a strategic pivot towards a digital-first future that promises to bolster the Kingdom’s position as a leader in technology and innovation on the world stage.