Naseej for Technology inks nearly SAR 15m deal with TVTC

Riyadh – Mubasher: Naseej for Technology Company and Technical and Vocational Training Corporation (TVTC) sealed a SAR 14.85 million agreement on 15 December 2022, according to a bourse filing.

The project aims to transfer the basic educational platforms, such as the student information system (SIS) and the admission portal, from the TVTC data centre to a local cloud in Saudi Arabia.

It also seeks to provide high security, flexibility, and scalability, besides benefiting from these platforms' managed services for three years.

Naseej for Technology will implement an analytics platform for the reports, deployed with an advising system and the Medad Institutional Effectiveness Platform (IEP).

The Tadawul-listed firm expected that the deal will reflect positively on its income statements during the period between 2023 and 2025. The company was awarded the project contract on 25 July 2022, while the related documents were concluded by 19 December.

Last November, Naseej for Technology unveiled a SAR 17.24 million project with the Saudi Company for Artificial Intelligence (SCAI).

Mubasher Contribution Time: 20-Dec-2022 13:52 (GMT)
Mubasher Last Update Time: 20-Dec-2022 13:53 (GMT)