April 19, 2024
PRESS RELEASES

Elm to Expand into East Asian Markets

Elm,a pioneer in digital solutions, seeks to expand its footprint into East Asian markets in line with its efforts to boost its potential in developing products and solutions that are capable of meeting evolving demands and reinforcing its presence across the global market. The move aligns with Elm’s objective to exhibit its expertise in these markets by delivering innovative products and services that facilitate individuals’ lives, enhance institutional operations, and keep up with global developments in digital transformation.

Elm’s expansion into global markets is vital to the company’s success, as it enables engagement with new customers and broaden its scope of work. The company highlighted that entering Asian markets in particular depends mainly on partnerships with the private sector. Furthermore, the company intends to collaborate with the private sector in East Asia to leverage the opportunities available within the digital sector, especially in creating digital identity in several Asian countries and creating a digital identity signature to identify all individuals with a distinctive identity, in addition to transferring its expertise to these markets in the field of change management solutions, which is considered one of the challenges in the region. Additionally, the company further aims to enhance its reputation in the Asian market in light of the legislation issued in those markets that mandates government agencies to develop their services and foster digital transformation.

Moreover, with the rapid developments in the field of digital transformation in East Asia, Elm recognises the need to redesign existing business models using the latest technological innovations and provide core business services in new ways, using different channels to increase revenue growth and access to a wider customer base. Therefore, the company attaches great significance to expanding into new and promising markets, such as East Asian markets, with the aim of obtaining an important share through the opportunities provided to companies specialising in digital transformation. Elm has been actively working on developing new solutions and products to meet the needs of a diverse range of customers. The company is also keen to building long-term relationships with key customers and partners in the region by leveraging its expertise, which positions it to succeed in the East Asian markets and contribute to the growth of these markets in the field of digital transformation.

In line with its goal to increase visibility across regional and international markets, Elm has been regularly participating in international events centred around technology and digital services. Earlier, the company participated in a wide range of investment forums in East Asia, including the Saudi-India Investment Forum, the Saudi-Pakistan Investment Forum, the Saudi-Kazakhstan Investment Forum, the Saudi-China Investment Forum, and the Saudi-Korea Investment Forum. 

For over three decades, Elm has taken vital role in digital transformation in both the public and private sectors, solidifying its position as a preferred digital partner for a diverse range of individual and institutional customers. With more than 30 million users and almost 700,000 commercial clients in the private sector, the company operates with a vision to create a knowledgeable society that stays updated with the demands of the digital age. In addition, the company employs a localisation strategy, facilitates more adaptable and inclusive business models, and oversees over 50 brands across multiple industries. Moreover, it manages over 170 projects and processes more than two billion transactions annually.

Last Updated on 6 months by Middle East News 247

    Middle East News 247

    Middle East News 247

    Middle East News 247 delivers the latest business and lifestyle news and essential infotainment for, and from the Middle East region, with key focus on the GCC nations: United Arab Emirates (UAE), Saudi Arabia, Qatar, Bahrain, Kuwait, and Oman.
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