Establish a centralized Free Open Source Software (FOSS) as a Digital Factory that can develop and deploy software applications and handle the Software Development Lifecycle for other government entities. This centralized unit will enable entities to leverage shared & FOSS platforms through central repository in order to quickly deploy applications, re-use existing code, and adopt leading industry frameworks for software development such as Agile and DevOps. Consolidation of System Development will also include the development of a unified framework and policies, as well as processes for entities to request software development
Sector
Information and Communication Technology
Download Opportunity
Investment Highlights
- The market size consists of a government accumulative demand of SAR 2.15 Bn until 2028
- The global business software and services market size was valued at USD 429.59 billion in 2021 and is expected to expand at a (CAGR) of 11.7% from 2022 to 2030
- To meet the projected demand, SAR 300 Mn of Capex is required
- EBITDA of 27% is expected
- IRR is expected to be 25%