Manama, Mar. 12 (BNA): The Kingdom’s investment promotion agency, Technisi, a provider of technology solutions, is preparing to expand its operations in Bahrain with an investment of $3 million with the support of the Bahrain Economic Development Board (EDB).
Technacy aims to provide advanced technology solutions for communications and interactive multimedia in the Kingdom, including Internet Protocol Television (IPTV) services, pay TV services, OTT applications, on-demand viewing, and analytics.
The company targets strategic partnerships with telecom service providers, large-scale commercial and residential projects, real estate developers, and hospitality brands.
Technacy aims to simplify IPTV architecture innovation, product layout and design mechanism, making the process efficient for the customer and the ultimate viewing experience for the consumer.
“In line with the Kingdom’s economic recovery plan and as part of our strategy to create a more sustainable and diversified economy, we are committed to cementing Bahrain’s position as a hub for digital innovation,” said Musab Abdullah, Executive Director of Business Development for Information and Communication Technology at the Economic Development Board.
He commented, “We are pleased to support the expansion of Tecnasi, which will have a positive impact on its digital economy.”
“Bahrain has established itself as a leader in digital transformation in the region, with its world-class ICT infrastructure and growing pipeline of large-scale commercial and residential projects providing the ideal environment for us to expand our offering within the Kingdom,” business development and partnerships manager at Technacy Athul said. Thomas Benny.
“Our US software R&D and European hardware development partnerships will be at the center of our plans as we aim to revolutionize the TV viewing experience for our customers,” he added.
Headquartered in Bahrain, Technacy serves clients across the region, including Saudi Arabia, the United Arab Emirates, and Egypt.
In addition to its technology solutions for connectivity and interactive multimedia, Technacy offers a wide range of services, including software development, hardware customization, mixed reality applications, interactive design, and system integration services.
MI