Mark Fitz
Asian startups are on the rise and are making waves in various industries right around the globe. One such industry seeing significant growth is the realm of analytics. Analyzing vast amounts of data to make informed decisions is top of the agenda for businesses of all sizes – sparking a surge of startups providing these crucial services. In this article, we will put a spotlight on some of the impressive startup players in the analytics field that are leading the sector within Saudi Arabia. These companies, all whose inception was in 2020 or later, are showing promising potential and seem set to revolutionize the analytics industry.
These startups are spread across various sectors, from fintech and software, to logistics and last-mile delivery, to corporate training and human resources. Their core commonality is the optimized use of analytics to improve their services and increase business efficiency. They are all leveraging innovative technologies to provide data-based solutions and insights to meet business challenges head on.
In this list, you will see startups solving a plethora of problems – from providing payment solutions targeting micro-merchant transactions, to offering a one-stop-shop for Saudi youth to enter the job market, to facilitating rounded-up transactions & recurring deposits for an enhanced saving experience. Despite their disparate applications, these companies share an innovative spirit and a commitment to leveraging data to make business better. Read on to find out more about these 11 promising analytics startups in Saudi Arabia.
Nearpay
Located in Riyadh, Nearpay serves the FinTech, mobile payments and predictive analytics sectors. Founders Hamza AlFarhan and Muhammad Al-Aiban sparked the innovation of Nearpay, which provides payment acceptance solutions targeting micro-merchant transactions, providing flexibility to mobile merchants. Their LinkedIn profile can be found here.
WeDeliver
WeDeliver operates in Riyadh, offering B2B and predictive analytics services in the realm of delivery services. Ahmad Ramahi and Mohammad Abu Kwaik are the founders of this enterprise. They are leading the company on its mission of providing B2B logistics and last-mile delivery services. Check out their LinkedIn profile here or visit them on Facebook here.
Mala’a Technologies
Mala’a Technologies is based in Riyadh and provides financial services, FinTech, mobile app, and predictive analytics services. Founded by Ali Alorainy and Faisal Alqarni, the startup aims to enable people to make more informed financial decisions by allowing them to manage all their financial matters from various bank accounts in one location. They are available on LinkedIn here.
Dawul
Operating from Riyadh, Dawul provides financial services in the FinTech and predictive analytics space. Dawul provides a platform that enables investors to share details of the financial status of their portfolios with other investors. This promising startup was founded by Mansour Al-Harbi. Follow them on LinkedIn here.
Scalers
Scalers hails from Riyadh and operates in the corporate training, e-learning, human resources, and text analytics industries. Scalers is a one-stop shop for Saudi youth to enter the job market, through enhancing their skills for modern employment, as well as connecting them to employers both within and outside its network. Founders include Faysal Alghethber and Mohammed Mohammed Alsaeed. You can connect with them on LinkedIn here.
THEMAR
THEMAR was founded by Amer Siddiki and Yousef AlDabbagh. Based in Jeddah, they specialize in FinTech and predictive analytics. They are on LinkedIn here.
QVM Software
Founded by Abdullah Al-Zain, Fareed Rezaei, and Tariq Rezaei, QVM Software is a B2B SaaS Enabled Marketplace (SEM) solution that connects Vehicles Parts vendors around the world to facilitate their daily operation. The company operates from Riyadh, and are available on LinkedIn here.
DIGGIPACKS
DIGGIPACKS, based in Riyadh, specializes in various industries including delivery services, e-commerce, supply chain management, and predictive analytics. Founders Amin Alatrash and Hasan Jabarti have set out to ensure that your fulfillment and storage requirements are optimally met. They integrate best technology with your platform so that all orders are automatically handled with full optimization. They serve over 13 locations in Saudi Arabia and are integrated with multi-vendors in the delivery business. Their LinkedIn profile is here and Facebook page is here.
Tikna
Tikna is a Riyadh-based company specializing in big data, AI, machine learning, and predictive analytics. Founded by Abdulaziz Alabdullatif and Mohammed Alhulayyil, Tikna is focused on big data analytics and artificial intelligence. Connect with them on LinkedIn here.
Artificial Intelligence Systems Company (AISC)
Artificial Intelligence Systems Company (AISC), based in Al Khobar, operates in various industries including artificial intelligence, oil and gas, and predictive analytics. They work with organizations to help them realize their business potentials and deliver on their customers’ promises.
Mthmr
Mthmr, based in Jeddah, operates in the FinTech and predictive analytics sphere. Founded by Abdulrahman Bin Nujayfan and Abdulrahman Qumsani, Mthmr simplifies savings by enabling rounding-up transactions, recurring and direct deposits, as well as cashback from partner retailers, which are automatically added to your savings account. They also offer a powerful spend analysis tool to keep users on top of their financials. Connect with them on Twitter @Mthmr_SA, Facebook here, and LinkedIn here.
These are just a few examples of startups in Saudi Arabia that are making an impact in the analytics industry. With unique solutions and innovative technologies, these companies are transforming the way businesses operate and adding a new dimension to analytics. We hope this roundup gives you an insight into the exciting growth happening in the analytics sector in Saudi Arabia.
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