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Industry Summary Articles

Wednesday, February 12, 2025

IFS Strategic Agreement with SBM Highlights Commitment to Growth in Saudi Arabia

IFS, the leading provider of enterprise cloud and Industrial AI software, announced a strategic partnership with Saudi Business Machines (SBM), a leading provider of end-to-end enterprise information technology solutions in Saudi Arabia. Together, IFS and SBM are making significant investments into expanding the already existing market footprint of IFS solutions in the kingdom that will create jobs and opportunities for local talent and enable Saudi enterprises to compete on a global scale using the latest and most advanced Industrial AI technology, IFS.ai.

With SBM’s market experience in technology solutions across four decades and IFS’s industry depth and expertise in Industrial AI and enterprise software, the new partnership commits to uphold their shared values and commitment to delivering exceptional customer experiences and driving proven returns on investment. SBM will expand their IFS practice into Aerospace & Defense, Energy Utilities & Resources, Manufacturing, Construction & Engineering, Telecommunications, and Service industries and offer an array of services to IFS customers including business consulting and customized technical support offerings.

At the heart of the partnership is a joint investment in local Saudi talent covering areas such as sales upskilling training and IFS certification program for young graduates. This talent pool will help in contributing to the Kingdom’s digital modernization efforts and add value to the skilled workforce.

Simon Niesler, Chief Revenue Officer at IFS, said, “We see tremendous opportunity in Saudi Arabia and are focused on delivering our Industrial AI and enterprise cloud solutions to align with the Saudi Vision 2030. The country is making rapid progress in modernization and diversifying the economy through world leading digital transformation, infrastructure development and innovation. It is only fitting that we partner with the Kingdom’s leading technology solutions provider, Saudi Business Machines, to establish a dedicated Saudi-based IFS practice. This will enable us to leverage their local talent and strengths to accelerate growth in the region and gain a competitive edge.”

Fadhel Al-Shaikh, Vice President-Business Tech. Solutions at SBM, said, “This strategic partnership between Saudi Business Machines and IFS leverages SBM's 40+ years of IT technology expertise in the Saudi market alongside IFS's cutting-edge enterprise solutions.

We are fully aligned with the Kingdom's ambitious Vision 2030 goals, particularly in driving digital transformation and promoting innovation across all sectors. Together, we will empower Saudi organizations to reach unprecedented levels of operational efficiency and excellence.”

To view the original press release, please click here.

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