NextEra.
Section 1 · At a glance
NextEra.

A Saudi company on a mission to drive Vision 2030 through innovative digital engineering and IT services.

Joint ventureAramco Digital & LTM (formerly LTIMindtree)
Established2025
What sets it apartNext-gen technology · Partner synergies · Saudi talent first
Services · in NextEra's own words
01
Cloud & Infrastructure
Designing, implementing and managing IT infrastructure and cloud resources.
02
Data & Analytics
Leveraging data assets to derive insights and drive decision-making.
03
Application Development
The full software lifecycle: design, coding, testing and deployment.
04
Managed Services
Outsourcing IT functions to a provider who runs them.
05
IT System Integration
Integrating disparate systems and technologies to work as one.
06
IT Consulting
Strategic guidance and advisory on IT challenges.
Industries served

Energy, Oil & Gas

Including utilities. Aramco-backed home ground.

Government & Giga Projects

Public sector and Vision 2030 giga-projects.

Banking, Financial & Insurance

Fast-digitizing finance sector.

Platforms & partners
Platforms: INFINITY (multi-cloud migration) · Canvas.ai (enterprise GenAI)  ·  via LTM (formerly LTIMindtree)
AWSMicrosoftGoogle CloudOracleSAPServiceNowIBMCiscoDellHPESalesforcePegaArisMegazone
Section 2 · Market Opportunity
Saudi digital economy
$0bn
≈15% of GDP  ·  expected to reach 19.9% by 2030
Source · Arab News ↗ · MCIT ↗
From 2025
$20bn
By 2030
$46bn
Saudi IT services market doubles · +17.9% a year · Mordor ↗
By industryBy service line
By industry
Government & Giga Projects
25.9%
The Kingdom's largest IT buyer.
Est. size~$5–12bn by 2030 (25.9% of the market).
MomentumGovernment IT modernization hit SAR 15bn in 2024, up 340%.
Banking, Financial & Insurance
89% on cloud
The deepest cloud adopter of any sector.
Payments~$30bn market, 70% cashless target by 2030.
SecurityA major and growing source of cybersecurity demand.
Energy, Oil & Gas
$1.7bn
Saudi digital-oilfield market by 2030.
UpstreamIoT sensors cut maintenance cost ~30% at Khurais.
DownstreamAn AspenTech plant digital twin modelled +100,000 bpd of capacity.
By service line
Consulting & Implementation
35.9%
The largest service segment.
Est. size~$7–16bn by 2030 (35.9% of the market).
ScopeStrategy, integration and app development for Vision 2030 programs.
Cloud & Platform
19.5%/yr
The fastest-growing service line.
DriverSovereign-cloud rules landing; AWS, STC and Mobily scaling local capacity.
Managed & Security
+34%
Security spend is surging.
DriverThe Essential Cybersecurity Controls became mandatory in 2024.
Data & AI
$0.5→2.8bn
Saudi big data & AI market, 2025 to 2031.
GrowthThe fastest-growing tech segment, ~33% a year.
© 2026 Abeer Al-Qadi. All rights reserved.
This document and its content were created by Abeer Al-Qadi and are the exclusive property of the author. No reproduction, distribution, or adaptation is permitted without prior written consent.