{"id":39780,"date":"2021-10-19T13:25:27","date_gmt":"2021-10-19T10:25:27","guid":{"rendered":"http:\/\/www.indexeconomic.com\/?p=39780"},"modified":"2021-10-19T13:25:57","modified_gmt":"2021-10-19T10:25:57","slug":"39780","status":"publish","type":"post","link":"https:\/\/indexeconomic.com\/?p=39780","title":{"rendered":"Saudi entrepreneur invests in Oivan, the rapidly expanding digital transformation and cybersecurity company behind NHC\u2019s Sakani service"},"content":{"rendered":"\n<p class=\"has-text-align-left\"><\/p>\n\n\n\n<p><\/p>\n\n\n\n<p class=\"has-text-align-left\"><strong>The digital transformation and cybersecurity consultancy Oivan announced a 9 million SAR growth funding round by the Saudi businessperson Mr. Bader Othman Alabduljabbar, Finnish tech investor TCG, and several Oivan employees participating. <\/strong><\/p>\n\n\n\n<p class=\"has-text-align-left\">Oivan expects its team to grow from 160 experts in 2021 to\nover 250 experts in 2022. The company\u2019s service catalog ranges from design,\nweb, and mobile development to cybersecurity consultation and mission-critical\noperations teams. For example, since 1998, Oivan&#8217;s operations team has managed\ncritical components of the internet infrastructure in Saudi Arabia. <\/p>\n\n\n\n<p class=\"has-text-align-left\">Oivan has strong Nordic roots and regional offices in Saudi\nArabia, UAE, Finland, Thailand and Vietnam. Oivan operates with its proprietary\nEnhanced Distributed Teams, in short, the EDT model. Oivan\u2019s CEO, Mr. Rami\nKorhonen, explains:&nbsp; <\/p>\n\n\n\n<p class=\"has-text-align-left\">\u201cWe started Oivan with the idea that by bringing together\ntechnology and design talent from around the world, we can solve some of our\nclient\u2019s biggest challenges and to become the digital force for good.\u201d&nbsp; <\/p>\n\n\n\n<p class=\"has-text-align-left\">\u201cWe created the EDT model to combine the best aspects of\nexpert onsite consultation and internationally distributed development work.\nToday, our clients, such as the National Housing Company in Saudi Arabia, use\nOivan to develop national e-services with the EDT model. 10-15% of our senior\nexperts work onsite at the client, while 85-90% of our production experts work\nat our international offices. The Sakani platform we developed in cooperation\nwith NHC has helped over 400 000 families find and buy government-subsidized\nhomes in the past four years. Furthermore, the EJAR rental agreements platform\nwe develop in partnership with NHC has digitally processed millions of rental\nagreements.\u201d, he continues. <\/p>\n\n\n\n<p class=\"has-text-align-left\">Despite the travel restrictions imposed by Covid and\nbenefiting from the EDT model, the company is expanding rapidly and has enabled\nits Saudi clients to maintain compelling development momentum.<\/p>\n\n\n\n<p class=\"has-text-align-left\">\u201cBeing able to grow profitably throughout 2020-2021 is a\ntestament to the tremendous talent and drive we have at Oivan. Getting the\ninvestment from our trusted business partner Bader allows us to take on even\nlarger opportunities for our clientele\u2019s benefit. Furthermore, the investments\nfrom Finnish tech investor TCG, and our valued team members, shows the strength\nof the story we are building\u201d, comments Mr. Rasmus Roiha, the Chairman of the\nBoard of Oivan. <\/p>\n\n\n\n<p class=\"has-text-align-left\">The company expects its revenue to grow over 30% annually in\n2022 and is actively hiring new talent to join its international team of over\n20 nationalities. <\/p>\n\n\n\n<p class=\"has-text-align-left\">\u201cI have cooperated with Oivan since 2020 and been amazed by\nthe skill and commitment the company has shown in serving its clients National\nHousing Company, Communications and Information Technology Commission, and Digital\nGovernance Authority. The opportunity to bring Nordic quality digital\ntransformation and cybersecurity expertise to Saudi Arabia is enormous, and I\nam delighted to be a shareholder, and a close partner, in the company\u2019s future\ngrowth\u201d comments Mr. Bader Othman Alabduljabbar.&nbsp; <\/p>\n\n\n\n<p class=\"has-text-align-left\">Oivan\u2019s CEO Rami concludes: \u201cWe are proud of having continuously\nplayed a part in Saudi Arabia\u2019s digital transformation journey since the launch\nof public internet in the Kingdom in 1998. This year we opened our Riyadh\noffice and hired many highly skilled Saudi men and women to expand our local\ncapabilities. We look forward to being the trusted digital transformation and\ncybersecurity partner for both public sector and private sector organizations\nin Saudi Arabia on their journey to reach the Kingdom\u2019s Vision 2030\ngoals.\u201d&nbsp; <\/p>\n","protected":false},"excerpt":{"rendered":"<p>The digital transformation and cybersecurity consultancy Oivan announced a 9 million SAR growth funding round by the Saudi businessperson Mr. Bader Othman Alabduljabbar, Finnish tech investor TCG, and several Oivan employees participating. Oivan expects its team to grow from 160 experts in 2021 to over 250 experts in 2022. The company\u2019s service catalog ranges from &hellip;<\/p>\n","protected":false},"author":2,"featured_media":39778,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[439],"tags":[],"class_list":["post-39780","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-english-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Saudi entrepreneur invests in Oivan, the rapidly expanding digital transformation and cybersecurity company behind NHC\u2019s Sakani service - \u0635\u062d\u064a\u0641\u0629 \u0627\u0644\u0645\u0624\u0634\u0631 \u0627\u0644\u0625\u0642\u062a\u0635\u0627\u062f\u064a<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/indexeconomic.com\/?p=39780\" \/>\n<meta property=\"og:locale\" content=\"ar_AR\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Saudi entrepreneur invests in Oivan, the rapidly expanding digital transformation and cybersecurity company behind NHC\u2019s Sakani service - \u0635\u062d\u064a\u0641\u0629 \u0627\u0644\u0645\u0624\u0634\u0631 \u0627\u0644\u0625\u0642\u062a\u0635\u0627\u062f\u064a\" \/>\n<meta property=\"og:description\" content=\"The digital transformation and cybersecurity consultancy Oivan announced a 9 million SAR growth funding round by the Saudi businessperson Mr. Bader Othman Alabduljabbar, Finnish tech investor TCG, and several Oivan employees participating. Oivan expects its team to grow from 160 experts in 2021 to over 250 experts in 2022. 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