In a recent development within the business media sector, solutions by stc has publicized the establishment of a strategic understanding with Devoteam Global Group, a prominent player in IT consultancy. This memorandum of understanding is poised to strengthen global investment and nurture collaborative prospects within technology and related fields.
Following the acquisition of a 40% interest in Devoteam Middle East by solutions last week, this agreement is a continuation of efforts initiated during a state visit to France by HRH the Crown Prince, where discussions centered around economic cooperation and investment possibilities.
The memorandum outlines a joint commitment to “explore and capitalize on common markets and assess cooperation and investment prospects within the dynamic ICT landscape across the region and globally
“, as indicated by the press statement. The collaboration is also designed to merge the expertise and resources of both entities for reciprocal advantages.
The alliance was officially cemented with the signatures of Omer Alnomany, CEO of solutions by stc, and Stanislas de Bentzmann, CEO of Devoteam Group. The strategic partnership promises to utilize the vast digital transformation and technology knowledge of both parties, integrating it with worldwide insights, consultancy, and investment opportunities.