RIYADH, Saudi Arabia,
Aug. 12, 2024 /PRNewswire/ -- Giza
Arabia, a subsidiary of Giza Systems and owned by solutions
by stc, the leading enabler of digital transformation in
Saudi Arabia, announces its
successful acquisition of a majority stake in LABS (Logical
Applications for Business Applications Co.), the preeminent SAP
Gold Partner in the Middle East.
This strategic move represents a significant leap forward in Giza
Arabia's growth strategy and solutions.
Renowned for its expertise in delivering SAP solutions to
organizations of all sizes across diverse industries, LABS will now
operate as an integral part of Giza Arabia's expanding operations.
This acquisition strengthens Giza Arabia's position as a digital
transformation enabler, enhancing its ability to cater to the
evolving needs of clients seeking seamless digital transformation
journeys while showcasing its commitment to innovation and market
expansion.
Osama Sorour, CEO of Giza
Systems, stated, "We are thrilled to welcome LABS into the Giza
Systems family. Their distinguished track record as a SAP Gold
Partner perfectly aligns with our commitment to delivering
innovative and impactful solutions to our clients. This acquisition
expands our market presence in key regions such as KSA and
Egypt, complements our offerings,
and ensures that we continue to support our clients' digital
transformation journeys."
Mahmoud Deyab, CEO at LABS, said,
"Collaborating with Giza Arabia opens up exciting prospects for
LABS and our clients. We are confident that this strategic alliance
will empower us to deliver even greater value and innovation to our
customers, leveraging our combined strengths in SAP solutions and
digital transformation."
Headquartered in Jeddah and
operating across KSA, Egypt,
Bahrain and UAE, LABS brings over
10 years of experience in assisting organizations in
identifying, acquiring, implementing, servicing, supporting, and
optimizing SAP solutions tailored to their specific needs. With a
comprehensive suite of SAP Business Management Applications,
Business Profitability & Growth Analytics, Enterprise Mobility,
and Database & Technology-related services, LABS contributes
significantly to enhancing Giza Arabia's capabilities to better
support clients and expand its market reach.
The partnership with LABS opens doors for exploring new sectors
and customer segments, particularly in the government sector in
KSA, while enabling Giza Arabia to leverage their combined
expertise to provide customers with comprehensive 360 degrees
solutions encompassing SAP and cloud technologies. Through the
implementation of the renowned SAP Analytics Cloud across all
clients' SAP and non-SAP systems, Giza Arabia aims to deliver
real-time insights, empowering clients to make data-driven
decisions and drive greater efficiency and growth.
This strategic partnership not only underscores Giza Arabia's
commitment to innovation and market expansion but also highlights
solutions by stc's pivotal role as a driving force in the digital
transformation landscape in Saudi
Arabia.
About Logical Applications for Business Solutions –
LABS
Logical Applications for Business Solutions (LABS) is a leading
SAP Partner and a certified SAP Partner Center of Expertise (PCOE)
specializing in providing innovative digital transformation
solutions to businesses across the MENA region. With a team of over
100 highly skilled SAP consultants across the entire suite of SAP
solutions. Their unwavering commitment to excellence has earned
them numerous awards and glowing client testimonials and a proven
track record of success, LABS is dedicated to helping clients
achieve their business goals through the power of technology.
For more information, please visit:
https://www.labs-is.com/home/en.
About Giza Arabia
Giza Arabia is a subsidiary of Giza Systems, the leading digital
transformation enabler and systems integrator in the MEA region. It
designs and deploys industry-specific technology solutions
for asset-intensive industries such as the Telecoms,
Utilities, Oil & Gas, Smart Mobility and other market sectors.
Giza Arabia helps its clients streamline their operations and
businesses through their portfolio of solutions, managed services,
and consultancy practice. Giza Arabia's team of over 600
professionals present in the KSA, and serving over 3 countries, is
part of Giza Systems team of 2,400 professionals spread throughout
the MEA region with anchor offices in Cairo, Riyadh, Dubai, Doha,
Nairobi, Dar es Salaam,
Kampala and New Jersey, allowing the Company to service an
ever-increasing client base in over 25 countries.
In 2022, Giza Systems Group was acquired by solutions by
stc.
For more information, please visit: https://gizaarabia.com.
About solutions by stc
solutions by stc is the Kingdom's leading enabler of digital
transformation and the number one IT service provider in
the Kingdom, enabling the public and private sectors to transform,
reach and scale into a new digital age.
solutions by stc provides clients integrated technology
solutions through a broad portfolio that enhances their day-to-day
operations. Its core ICT services are designed to
enable, manage and scale businesses.
Solutions launched its operations over decades ago and to date
has serviced almost 24,000 clients across 35 cities in Saudi
Arabia and in key sectors, including financial
services, healthcare and education. solutions
by stc has approximately 1,500 employees with over 1,000 certified
on key technologies and business domains.
For more information, please visit:
https://solutions.com.sa.
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