Saudi Arabia’s Ministry of Investment (MISA) has inked a Memorandum of Understanding (MoU) with Endava, a renowned technology services company, marking a significant stride in propelling the digital transformation agenda of the Kingdom in tandem with Saudi Vision 2030.
The collaboration between MISA and Endava aims to expedite digital advancement within Saudi Arabia by leveraging Endava’s extensive expertise in engineering, industry knowledge, and a people-centric approach. Endava’s proven track record with global enterprises positions it as a strategic partner in facilitating impactful digital transformation initiatives for Saudi organizations.
Endava’s sustained investments over the past two years to strengthen its presence in Saudi Arabia have been pivotal in engaging with key sectors such as Government, Banking and Finance, Energy, Telecom, and Retail. The ‘close-to-customer’ ethos of Endava resonates with the Saudi government’s vision of attracting leading global firms to invest in the Kingdom, thereby enhancing the local market.
As a publicly listed entity on the New York Stock Exchange (NYSE: DAVA) with a market capitalization exceeding US$2 billion, Endava boasts a global workforce exceeding 11,500 professionals. The company’s forte lies in delivering people-centric innovation through advanced digital solutions, particularly in payment solutions, logistics, and retail, aligning seamlessly with the strategic objectives outlined in Saudi Vision 2030.
Endava’s collaboration with MISA will focus on three pivotal areas to support the Kingdom’s economic vision: expediting the digital transformation of government entities and leading private sector enterprises, introducing global best practices and standards, and providing advisory services to enhance regulatory maturity and effectiveness. Additionally, the partnership aims to nurture Saudi Arabia’s pool of skilled technology professionals.
David Boast, Managing Director – MENA, Endava, commended the Ministry’s efforts in fostering an environment conducive for global technology firms like Endava to actively contribute to Saudi Arabia’s digital evolution. The partnership underscores Endava’s steadfast commitment to the Kingdom and its inhabitants, aligning with its mission to make a positive and enduring impact on societies and economies worldwide.
