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Modex has partnered with Digital Point Consulting, a technology company based in Saudi Arabia which develops digital solutions to improve businesses and increase revenue, with the aim to increase awareness and familiarize the market in the Middle Eastern region with blockchain technology and its advantages.

The evolving digital industry reveals transformation in business models and ever-changing customer needs. With a change in approach from tech-centric to a value-centric service, IT has digitally transformed all enterprise levels. 

To own complete digitization, enterprises must achieve organizational velocity, serve custom offering, and have precise cost control measures. This is where Digital Point helps its customers rethink and recreate business models to achieve success by offering services such as Intelligent Automation, Digital Transformation, Cyber Security, Cloud & DevOps Consulting, Open Source Consulting, IoT, Blockchain Technology, FinTech, Machine Learning, as well as Microservices and Container consulting. 

In addition, Digital Point Consulting also offers kiosks to give users access to information and to promote products and services for client companies. With a highly configurable hardware, High Definition (HD) panel, a variety of screen options and top grade technology, DPC’s indoor, outdoor and custom-made kiosks have a wide range of applications.

Although the partnership between Modex and Digital Point Consulting started officially this year, the first steps towards cooperation were done in Lisbon, at Web Summit 2019. Back then, the representatives of the two companies discovered they shared similar values and areas of interests. Therefore, a complementary cooperation started, a partnership where Digital Point brings its network and market assessment capabilities in the Middle East, with focus on the Kingdom of Saudi Arabia, while Modex’s innovative BCDB patented blockchain-database solution brings highly technical and business expertise.

Saudi Vision 2030

Digital Point Consulting’s focus on a future based on advanced technologies is no coincidence, being a part of a bigger picture: Saudi Vision 2030. This is a strategic framework meant to reduce Saudi Arabia’s dependence on oil, diversify its economy, and develop public service sectors such as health, education, infrastructure, recreation, and tourism. Saudi Vision 2030 aims to transform Saudi Arabia into a globally competitive ICT hub, with modern technologies and an empowered information society. The agenda of Vision 2030 is built on three pillars: a vibrant society, a thriving economy and an ambitious nation. Strong cooperation with international companies likes Modex – intermediated by local companies like Digital Point Consulting – can help digitize the core business process of companies in the Kingdom of Saudi Arabia, making this the foundation of their transformation plan. 

Digital Point has an excellent position to intermediate deals with companies in the Kingdom of Saudi Arabia that are very keen to invest in their digital transformation, which helped Modex gain access to some of the most reputable businesses in the Kingdom of Saudi Arabia and to enter a network of companies’ representatives directly responsible with implementing some of Saudi Vision 2030 initiatives. In return, Modex has proven that it can deliver on highly sophisticated projects and architecture, as well as on a comprehensive partner program.

Together for a blockchain-based future

Commenting on this partnership, Mihai Ivascu, Modex CEO and Co-founder, stated: “I am delighted to work alongside our friends from Digital Point Consulting to promote blockchain technology in the Kingdom of Saudi Arabia and, on a wider scale, in the Middle East, and to offer companies the right solutions to enhance their business. With both our companies focused on innovation and with a similar view on a tech-based future, I am confident that we will achieve great results together thanks to our teams of experts from various industries, professionals to the core.”

“The partnership with Modex is a next step to boost the adoption of blockchain technology in the region, and we believe that our newly formed partnership with Modex will add value to the services we currently provide to our clients”, said Khaled Al-Munif, CEO of Digital Point Consulting. “We look forward to working together to realize the full promise of a cost-effective solution to our clients in the region.”

About Digital Point Consulting

Riyadh-based Digital Point Consulting is a multinational company that has been serving its customers in different industries that include Finance, Telecom, Healthcare, Utilities, Postal, Government, Retail, and Hospitality. A technology company at its core, Digital Point Consulting’s solutions encompasses a mix of technology and communication prowess that enhances the way a company’s clients see that particular business. Simplifying, streamlining and developing processes that directly affect the bottom-line is part of DPC’s business DNA. Digital Point Consulting’s highly experienced professionals helm services that include Intelligent Automation, Digital Transformation, Cybersecurity services, Cloud Computing, Open Source Consulting and Microservice and Container Consulting. The team has a highly standard procedure which follows all the best practices, creating processes of high accuracy and a checklist of items that DPC’s lab has refined over the years in order to deliver significant results for the company’s clients.

About Modex

Modex is promoting the adoption of blockchain technology and strongly believes in a future built around blockchain. Modex offers fully integrated services designed to solve the last mile adoption problem of the blockchain and aims to make blockchain user-friendly for every single device or person. In over two years, using cutting-edge technologies and with a clear strategy, Modex has evolved from the world’s first app store for blockchain into a complex ecosystem designed for developers’ needs and enterprises looking for blockchain solutions. Our mission is to spread and facilitate the adoption of blockchain into society and to solve real-world problems using this revolutionary technology.