Solutions by STC

What Solutions by STC does

Solutions by STC (legally Arabian Internet and Communications Services Company) is a Riyadh-headquartered, publicly listed IT services provider on the Saudi Exchange (Tadawul: 7202), operating as the majority-owned technology arm of stc Group. The company delivers end-to-end ICT solutions across the digital value chain, organized into three pillars: Enable (System Integration, Connectivity Services), Manage (Business Outsourcing, Managed Services), and Scale (Cloud Services, IoT Digital Services, Cybersecurity Integration). It serves enterprise and government customers primarily in Saudi Arabia, with active expansion into Kuwait, Iraq, and broader MEA markets, targeting verticals including government, oil & gas, telecom, healthcare, banking, real estate, education, and utilities/municipal.

The technology stack combines multi-vendor integration across 150+ global technology partners (Cisco, Microsoft, SAP, IBM, Huawei, Cloudera, Nokia, Ericsson, Samsung Networks, Intel, HP, Splunk) with proprietary deployment capabilities including private 5G/5.5G networks demonstrated at major Saudi ports and AI-powered solutions across health, finance, ports, and utilities. Sub-brands include 'pulse by solutions' (digital ecosystem identity launched May 2026) and 'upsource by solutions' (BPO). The company holds ISO/IEC 27001 and ISO/IEC 27701 certifications and a Digital Government Business License (GB24121502). Revenue is generated through enterprise project-based contracts, multi-year service agreements, and managed services engagements with large anchors including Saudi Aramco, National Water Company, JEDCO, Remat Al-Riyadh Development, and Digital Data Centers Company (Center3).

Revenue mechanics are dominated by long-cycle, project-based enterprise contracts and recurring managed services. Reported financials show FY2025 revenue of SAR 12,730M (+5.5% YoY), FY2024 revenue of SAR 12,064M (+9.3% YoY), and H1 2026 revenue of SAR 6.24B (+9% YoY) with EBITDA of SAR 1.09B at a 17.4% margin. Core ICT services revenue grew 20% in H1 2026, accelerating ahead of headline growth. The company has pursued inorganic expansion through the acquisition of Giza Systems (2022, USD 158M), a 40% stake in Devoteam Middle East (2024, SAR 741.7M), and a joint venture with US-based Nile for enterprise Network as a Service (2024).

Name

Solutions by STC

Legal name

Arabian Internet and Communications Services Company

Website

https://solutions.com.sa

Company type

Public

Founded year

1999

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Solutions by STC (Arabian Internet and Communications Services Company) is a Riyadh-headquartered, stc Group-owned IT services firm delivering end-to-end ICT solutions — system integration, managed services, cloud, IoT, and cybersecurity — to enterprise and government customers across Saudi Arabia and the MEA region.

Ownership category

akta.pro rank

Headquarters

HQ city

Riyadh

HQ country

Saudi Arabia

HQ region

Middle East

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Technology or R&D, Infrastructure, Operations, Marketing or Sales

Revenue model

1. ICT Services and Solutions: Core revenue from providing integrated ICT solutions including system integration, managed services, cloud, IoT, and cybersecurity to enterprise and government customers across Saudi Arabia and the MEA region. Revenue is generated through project-based contracts and ongoing service agreements.
2. Data Center Infrastructure: Revenue from constructing and delivering data center infrastructure projects. The company secured SAR 364 million contract for Dammam data centre construction and has ongoing data center projects with Aramco.
3. High-Performance Computing (HPC): Revenue from HPC infrastructure deployment, software support, and managed services, including supercomputer projects for oil and gas exploration and reservoir modeling.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels5 records

Core offering

Solutions by STC provides end-to-end IT services across the entire digital value chain for enterprises and government entities in Saudi Arabia and the MEA region. Its portfolio spans system integration, managed services, cloud services, IoT digital services, cybersecurity integration, business outsourcing, and connectivity services, organized around three pillars: Enable, Manage, and Scale.

Product overview

solutions by stc operates as an IT services provider offering a comprehensive portfolio of integrated technology solutions organized around three pillars: Enable (System Integration, Connectivity Services), Manage (Business Outsourcing, Managed Services), and Scale (Cloud Services, IoT Digital Services, Cybersecurity Integration). The company serves multiple industry verticals including Healthcare, Real Estate, Education, Government, Oil & Gas, Banking, and Telecom. The portfolio also includes sub-brand 'pulse by solutions' representing the unified digital ecosystem identity.

Differentiator

Problem solved

Functional benefit

Brands

• pulse by solutions: Digital ecosystem brand identity launched by stc Group under solutions by stc, unifying operational capabilities across the Middle East and Africa.

Products and services

• System Integration End-to-end system integration services that unify and orchestrate complex IT infrastructure and business applications across enterprise environments for large organizations and government entities.
• Connectivity Services Network infrastructure, telecommunications links, and unified communications solutions that enable seamless enterprise operations and digital connectivity.
• Business Outsourcing Business process outsourcing services that help organizations optimize operations and reduce overhead through specialized external service delivery.
• Managed Services Comprehensive managed IT services including infrastructure management, monitoring, cybersecurity, and ongoing technical support for enterprise clients.
• Cloud Services Cloud computing solutions enabling organizations to migrate, deploy, and manage workloads across hybrid and multi-cloud environments.
• IoT Digital Services Internet of Things solutions and digital services for connected devices, enabling automation and data-driven insights across industrial and enterprise use cases.
• Cybersecurity Integration Cybersecurity integration services including threat detection, security infrastructure deployment, and protection of enterprise digital assets.
• pulse by solutions Brand identity and digital ecosystem unifying operational capabilities across the Middle East and Africa region under Solutions by STC's technology arm.

Quantifiable outcome

• Revenue of SAR 12.73 billion in FY 2025, representing 5.52% year-over-year growth
• +6 more outcomes

Named customers6 records

Segments8 records

Ideal customer profiles1 record

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature9 records

Partnerships

Eleven partnerships are on record, tiered strategic, core and minor.

• Devoteam Middle EaststrategicStrategic or Co-development Partner · 1 January 2024Acquisition of 40% stake in Devoteam Middle East for approximately SAR 741.7 million, expanding consulting and digital transformation capabilities.
• NilestrategicStrategic or Co-development Partner · 1 January 2024Joint venture with US-based Nile for enterprise Network as a Service solutions in Saudi Arabia and the MEA region.
• ClouderacoreTechnology or Integration · 1 January 2023Cloudera partnership for cloud migration, AI, and high-performance computing solutions. Solutions by STC won Cloudera EMEA Partner of the Year award for 2023.
• Giza SystemscoreStrategic or Co-development Partner · 1 January 2022First acquisition completed in 2022, valued at USD 158 million. Giza Systems acquisition enhanced digital transformation capabilities and expanded ICT solutions regionally in line with Saudi Vision 2030.
• MicrosoftcoreTechnology or IntegrationMicrosoft partnership involving USD 500 million cloud and AI partnership with Solutions by STC as part of Microsoft's expansion across the GCC region for hyperscale data centers and cloud infrastructure.
• HuaweicoreTechnology or IntegrationStrategic partnership with Huawei for 5G/5.5G adoption and technology deployment, particularly in Kuwait and regional markets.
• 150+ Technology VendorscoreTechnology or IntegrationDeep, long-standing relationships with over 150 global technology vendors and third-party providers including Cisco, Nokia, Ericsson, Huawei, Samsung Networks, Microsoft, IBM, SAP, Intel, HP, Splunk, and others.
• Jeddah Central Development Company (JEDCO)strategicStrategic or Co-development PartnerJoint venture with JEDCO to support digitalization of urban development in Jeddah as part of smart city initiatives.
• Remat Al-Riyadh Development CompanyminorStrategic or Co-development PartnerPartnership to operate the Riyadh Smart Parking Project covering more than 160,000 parking spaces under a Public-Private Partnership model.
• Saudi AramcocoreStrategic or Co-development PartnerLong-standing strategic partnership with Saudi Aramco including $372.5 million supercomputer project, five-year digital computing infrastructure framework agreement, and previous Dammam-7 supercomputer collaboration in 2021.
• stc GroupcoreStrategic or Co-development PartnerMajority-owned subsidiary of Saudi Telecom Company (stc Group). Leverages parent's infrastructure, relationships, and market position to deliver ICT solutions across Saudi Arabia and the MEA region.

Scale indicators12 records

Recent moves7 records

Expansion highlights5 records

Regional players

• e& enterprise: UAE-based telecom group with an enterprise ICT and digital services arm serving government and corporate customers across the Middle East. Direct regional comparable as a telecom-owned systems integrator targeting similar Vision 2030 / digital transformation demand in the GCC.

Direct peers

• Devoteam: Paris-headquartered digital transformation consulting and IT services firm. Solutions by STC acquired a 40% stake in Devoteam Middle East, and the broader Devoteam group operates as a peer in cloud, cybersecurity, and enterprise consulting across the same European/Middle Eastern customer base.
• Gulf Business Machines (GBM): KSA/UAE-headquartered systems integrator and managed services provider with deep Cisco/IBM ties. Direct competitor in enterprise IT services across Saudi Arabia and the broader Gulf with overlapping capabilities in infrastructure, cloud, and managed services.

Broad incumbents

• Capgemini Middle East: Global consulting, technology, and digital services firm with a regional practice covering KSA and the GCC. Competes for enterprise digital, cloud, and engineering transformation projects.
• Accenture Middle East: Global consulting and IT services leader with significant KSA/MEA presence focused on digital transformation, cloud, and managed services. A broad incumbent competitor pursuing the same Saudi enterprise and public sector mandates.
• IBM Consulting Middle East: Global hybrid cloud and AI consulting arm of IBM with established KSA operations. Competes with Solutions by STC in enterprise hybrid cloud, data, and managed infrastructure engagements.
• Tata Consultancy Services (TCS) Middle East: Global IT services major with established delivery centers in the Middle East. Competes in system integration, application services, and managed services for Saudi government and enterprise clients.
• Infosys Middle East: Global IT services firm with an expanding Saudi Arabia presence including local partnerships. Competes for enterprise digital transformation, cloud, and managed services contracts across the Kingdom.
• NTT DATA Middle East: Global IT services and systems integrator with an active Middle East practice covering consulting, cloud, and managed services. Competes for the same large enterprise and government RFPs in KSA and MEA as Solutions by STC.

Others

• Giza Systems: Egyptian-origin IT systems integrator now a wholly-owned subsidiary of Solutions by STC (acquired 2022). Included as a peer because it was the company's principal Middle East acquisition and continues to operate as an SI in adjacent geographies, with overlapping SI/managed service offerings.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/solutions_bystc

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Subsidiaries5 records

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Solutions by STC