72. solutions by stc

Country: Saudi Arabia
Sector: Technology
CEO: Omer Abdullah Alnomany
Market Value: $11 billion
Sales: $2.9 billion
Profits: $319 million
Assets: $3.1 billion

solutions by stc provides services such as system Integration, connectivity, business outsourcing, cloud services, cybersecurity integration, and IoT digital services. It serves several sectors, including education, government, real estate, financial services, manufacturing, retail, oil and gas, telecommunications, healthcare, and transportation. In February 2024, it completed its acquisition of 40% of Devoteam Middle East, a subsidiary of Devoteam Group valued at $197.8 million. In April 2023, it acquired the Contact Center Company, with an enterprise value of around $120 million.