Leading Pakistani companies have signed multiple deals and partnership agreements with their global counterparts at the premier tech event, LEAP 2024, hosted by Riyadh, Saudi Arabia.
The third edition of the LEAP conference and exhibition, a beacon for cutting-edge technology, artificial intelligence (AI) initiatives and innovations, was being held from March 4 to 7. It boasted a gathering of over 1,800 local and international exhibitors, approximately 1,000 technical experts and 600 startups.
Among the standout achievements, Pakistan’s leading enterprise resource planning (ERP) company secured a transformative equity partnership with Saudi and Pakistani investors at the TechdestiNation Pakistan pavilion, a collaborative effort of Pakistan Software Export Board (PSEB) and the Trade Development Authority of Pakistan (TDAP).
“This investment not only signifies a pivotal moment for Pakistan’s IT industry but also underscores Saudi Arabia’s role as a global advocate for Pakistan’s technological capabilities,” remarked Pakistan’s Ambassador to Saudi Arabia Ahmed Farooq.
Further strengthening Pakistan’s presence on the global tech stage, a significant partnership was forged between mobile services provider Jazz and global consultancy TenX. This collaboration aims to revolutionise data management through the Enterprise Feature Store and Predictive AI Models.
Additionally, Abacus and ELM solidified their commitment to innovation by signing a memorandum of understanding (MoU) for laying the groundwork for future synergies.
Pakistan Software Houses Association (P@SHA) signed its biggest MoU to date during the mega event where focus would be on fostering cooperation and enhancing business-to-business engagement with the IT association in Bahrain.
Furthering the spirit of collaboration, Inbox Technologies entered into a partnership with Saudi Arabia’s Gissan, showcasing the strength of cross-border cooperation in driving technological advancement.
PSEB CEO Aisha Humera Moriani held pivotal meetings with high-ranking officials of Saudi Arabia to pave the way for future collaborations.
Source: https://tribune.com.pk/story/2458723/pakistan-inks-host-of-deals-at-tech-event