ISLAMABAD: InfoTech Group, a Pakistani information technology (IT) firm, and US-based Valyrian Systems Inc. have partnered with Saudi Arabia’s Obeikan Investment Group to “revolutionize” global health care delivery, InfoTech Group said on Friday.
Established in 1995, InfoTech Group specializes in capital markets, banking solutions, government technology, Microsoft technology, infrastructure and professional services, and has over three decades of IT experience.
Obeikan Investment Group is one of Saudi Arabia’s 100 largest companies and a leader in packaging, education and health, with more than 3,000 employees and operations in 16 countries.
The trilateral agreement was signed during the LEAP 2024 tech conference and exhibition which ran in Riyadh from March 4 till March 7.
“During the [LEAP] event, InfoTech Group and Valyrian Systems Inc. signed a significant Memorandum of Understanding (MoU) with Obeikan Investment Group, marking a pivotal step toward the global expansion of OD (Obeikan Digital) Health Platforms,” InfoTech Group said in a statement.
“The trilateral alliance leverages InfoTech’s IT expertise, Valyrian’s pioneering technology solutions, and Obeikan’s market reach to revolutionize health care delivery.”
The partnership aims for rapid roll-out and seamless integration of OD health platforms, signaling a commitment to global health care advancement and heralding a new era in innovation, according to the Pakistani IT firm.
“This partnership marks a pivotal moment for us. Joining forces with Valyrian Systems Inc. and Obeikan Investment Group signifies not just a strategic move, but a shared vision for transformative health care solutions,” said Naseer A. Akhtar, chief executive officer (CEO) of InfoTech Group.
“Together, we’re not only breaking boundaries but shaping a healthier future.”
The annual LEAP exhibition, which showcases cutting-edge technology, artificial intelligence (AI) initiatives and innovations, this year featured over 1,800 local and international exhibitors, around 1,000 technical experts, and 600 startups.
This year, more than 70 Pakistani software and IT companies and 800 delegates showcased their products at the exhibition, according to Muhammad Zohaib Khan, chairman of Pakistan Software Houses Association (P@SHA).
These Pakistani companies signed several deals with leading firms in Saudi Arabia and other countries.
“During this mega event, P@SHA has signed its largest MoU to date, focusing on cooperation and enhancing business-to-business engagement with the IT association of Bahrain,” Khan said this week.
“Pakistani Abacus Consulting has signed an MoU for mutual cooperation with Saudi digital solution provider company, Elm. Furthermore, Inbox Technologies has entered into a partnership deal with Saudi Arabia’s GISSAN.”
Last year, LEAP 2023 generated a whopping $9 billion in IT business and Pakistani companies generated leads worth upwards of $100 million during B2B [business-to-business] match-making on the sidelines of the tech exhibition, according to Khan.
