Credits By: Global Space
Saudi Arabia’s ambitious Vision 2030, aimed at diversifying the nation’s economy and reducing its reliance on oil, presents a wealth of opportunities for information technology-based companies. Asif Peer, the CEO of Pakistan’s pioneering IT company, Systems Limited, emphasized the importance of diversification and specialization to capitalize on these prospects.
Under Vision 2030, Saudi Arabia is modernizing its economy, focusing on key sectors such as health, education, infrastructure, recreation, and tourism. As a result, the country is increasingly investing in technology, making it a significant market for players across various sectors, especially the IT industry.
Peer highlighted the importance of awareness among Pakistani companies regarding the opportunities offered by Vision 2030. He emphasized that technology, business, digital transformation, and gender diversity will play crucial roles in various aspects of the vision’s implementation, creating a demand for technological solutions.
Systems Limited, with an extensive presence in North America, Europe, the Middle East, Africa, and other countries, has recognized the potential in the Saudi market and established Systems Arabia to secure sizeable contracts in the Kingdom and Bahrain. Peer mentioned that being registered with large consulting partners and closely monitoring upcoming projects will help position their company effectively.
The CEO also emphasized the significance of Egypt as a strategic supply center and a market for their services, supporting GCC clients due to the shared language and cultural understanding. Leveraging this presence, Peer’s firm aims to explore more regional markets and acquire companies relevant to their domains to foster organic and inorganic growth.
Peer expressed confidence in his company’s hypergrowth mode, with a strong focus on scaling robustly through hiring and comprehensive training programs. Recently, Systems Limited received recognition for its outstanding Microsoft-based applications, services, and devices, winning the prestigious ‘Microsoft Partner of the Year award.
In conclusion, Saudi Arabia’s Vision 2030 provides a vast playground for IT companies, and Systems Limited is actively positioning itself to benefit from the numerous opportunities presented by the Kingdom’s ambitious economic transformation.