Nokia and stc this week announced a joint collaboration to operate stc’s Technology Innovation Center in Riyadh.
The five-year project will see Nokia carry out several programs to help stc develop at least four truly innovative use cases every year to support stc’s business goals.
Nokia will also support stc with the development of innovative use cases for new upcoming technologies. stc will also join Nokia’s Open Ecosystem Network, a digital collaboration platform which brings companies together to help them innovate and develop new ideas. This is where the center’s digital community will be hosted.
Under the partnership, Nokia will also raise stc engineers’ capabilities to develop an entrepreneurial mindset that will help them build use cases in line with unique requirements of Saudi Arabia. Nokia will conduct several competitions to stimulate new ideas and use cases. A winner will be selected at the end of every challenge, contest or hackathon, based on the concept or business viability. This will help STC develop new revenue generation streams.
The innovation center will be equipped with the latest technologies and will leverage Nokia's Open Ecosystem Network. It will provide an opportunity for STC employees to interact and benefit from Nokia's international partner network. The exchange of ideas and interaction with global subject matter experts will help develop innovative services and products.
Abdullah Alowini, VP, Technology Strategy and Architecture at stc
The innovation center will develop path-breaking use cases that will improve the lives of the people and contribute to the economic and social development of Saudi Arabia in line with Saudi Vision 2030.
Khalid Hussain, Saudi Country Senior Officer at Nokia
We are excited to work with stc on this unique initiative to develop unique ideas. We look forward to leveraging our global perspective, insights and technology expertise to help conceptualize new ideas to enhance the quality of life of the citizens.
