Page 15 - SAMENA Trends - November-December 2022

FEATURED SAMENA TRENDS

stc's Contributions to Fulfilment of ICT Visions in Kuwait and Bahrain
The year 2019, witnessed the launch Based on the company's strategy and the range of information and communication
of the unified brand in Kuwait, Saudi promising projections of the institutional technology products, including
Arabia and Bahrain. stc group also sector in Kuwait, the company undertook cybersecurity, asset tracking, data
launched an updated corporate identify a major transformation process to meet hosting, and cloud services to serve this
and developed a strategy befitting the the needs of customers and enrich sector. To support service providers, the
company's basic objectives during the their experiences in the information stc group has succeeded in consolidating
subsequent years in 2019 to enhance and communication technology field, its position as an empowered enabler,
the process of enabling the company's which was highlighted in the company's providing services to more than 400
digital transformation in line with the "AHEAD" strategy. The company was national and international companies.
national visions in each country. keen to improve its efficiency and The company also enhanced the
In Kuwait, the Kuwait Strategic Vision internal capabilities in this sector customer service experience across all
2035 seeks digital transformation among through its acquisition on the entire points of contact, as it always aimed
the many goals set by the state, to keep capital of the Electronic Gate Holding to continue advancing the digital
pace with the internet services at all Company in April 2022, to keep pace transformation in the Kingdom of Bahrain
levels. stc group has had a fundamental with the latest rapid global developments to become a digitally enabled societ.In
role in accelerating the transformation in the field of communications and Bahrain alone, stc group has invested
process, as the company’s acquisition information technology, and to provide
of Quality-net and its transformation into the best integrated technical solutions
“solutions by stc” had a prominent role to to its individual and institutional clients. To support service
be the active technical arm in enabling stc group successfully completed its providers, the stc
the business sector and supporting local capital increase during 2022 to reach KD
projects. It announced the establishment 99.9 million by distributing 100% bonus group has succeed-
of the 5G Innovation Center in 2019, shares to its shareholders. During the ed in consolidating its
with the aim of exploring, developing third quarter of 2022, stc's market share
and launching the uses of advanced 5G reached 39.8% of the telecom sector's position as an empow-
technologies. Moreover, it provided a revenues in Kuwait, for the first time ered enabler, providing
range of digital solutions for companies since the company's establishment, to
that include data centers, infrastructure be at the forefront of the telecom sector services to more than
support and applications for companies. in terms of revenue. 400 national and inter-
In addition, stc group introduced an IoT
strategy that allowed companies to In Bahrain, stc Group contributed to national companies.
manage their resources more efficiently supporting Bahrain's Economic Vision
and make the most of their business 2030. For the enterprise sector, the more than $2 billion in developing
models. company developed a comprehensive digital infrastructure. The company has
remained at the forefront of launching
innovative services in Bahrain, even
becoming the first operator to launch
5G technology across the Kingdom. stc
Bahrain has also worked to develop its
innovation center and its platform for
developing modern technologies for
various sectors, and has also launched
many digital services, including self-
service machines (SSM), smart queue
management service, and many other
services, which contributed to providing
an improved experience for customers
by providing them with the opportunity
to complete their transactions in a few
seconds and in any time and place.
The company launched a cyber security
training academy, with the aim of raising
awareness about potential cyber threats
through its leading solutions in this field.

15 NOVEMBER- DECEMBER 2022