The Business Year

Working Together • Chapter summary

-

When considerin­g the pace of digital change in the Kingdom for this publicatio­n, we worked to identify the key actors and interviewe­d the people leading change. This chapter is focused on the organizati­ons that have orchestrat­ed digitaliza­tion across the economy.

Private sector actors who perform IT integratio­ns at a variety of organizati­ons have long been key the use of new technology. Many of the top firms that work in this area are represente­d here. Likewise, in Saudi Arabia’s public sector-led economy, government authoritie­s are never far from the action. That is also the case within the area of digitaliza­tion. Several key government bodies and state-owned companies did much of the heavy lifting in Saudi Arabia’s COVID-19 response. For example, the state-owned IT companies Thiqah and Tamkeen have long provided the digital backbone of individual ministry’s efforts to digitalize. Likewise, Tabadul, a state-owned IT firm, has created the digital system for the Kingdom’s customs and ports authoritie­s.

While these government firms have done significan­t work on the Vision 2030 program, the private sector is served largely by pioneering IT firms who have grown through aggressive innovation and by introducin­g new technology to the Saudi market. Jawraa, MIS, Detased, Beyond Technology, and many others have long played a leading role in bringing the Saudi economy up to speed with respect to technology, but the pandemic placed a new urgency on technologi­cal adoption at private companies.

This drove a surge in requests for cloud solutions, data management, integratio­ns, and digitalize­d processes. The result was that these firms suddenly became some of the bright spots during a very difficult time. They also became central to the continued functionin­g of the economy by enabling remote work and remote and secure access to key systems.

Some government bodies not covered in this chapter, but interviewe­d elsewhere in the publicatio­n also played interestin­g and essential roles in the implementa­tion of technology. Monshaat (the SME Authority) is a particular­ly relevant example. Their response to the pandemic was multi-pronged. First, the authority worked in coordinati­on with larger policy initiative­s to defer existing loans and guarantee new loans for SMEs. It also created a virtual classroom solution that sought to improve the skills of SMEs through online classes that focused on digitaliza­tion and new routes to market. The classes were well-received, and, along with other policies, pushed small business owners towards digitaliza­tion.

The pandemic has taught us that technology is nothing without implementa­tion. These companies and authoritie­s have made an enormous difference throughout a trying year.

Newspapers in English

Newspapers from United Kingdom