The Kingdom’s Total Value Add Program (IKTVA) is a major initiative aimed at driving economic growth and development in Saudi Arabia and Saudi Xerox plays a major role in this initiative
Saudi Xerox offers tools and techniques to companies in Saudi Arabia to embrace digital transformation. These solutions which include artificial intelligence help businesses automate routine tasks and free up employees to focus on higher-value work and improve company’s competitiveness. The essence of this strategy is in line with the Kingdom’s Total Value Add Program (IKTVA). That is why Saudi Xerox is considered a natural partner for IKTVA and plays a major role in this initiative.
Launched by the government in 2021, IKTVA is designed to create a more efficient and productive economy by improving the competitiveness of local businesses and increasing the value added by domestic industries. The key elements of the Kingdom’s Total Value Add Program and how it is driving economic growth in the country are as follows:
Improving Competitiveness: One of the main goals of the Kingdom’s Total Value Add Program is to improve the competitiveness of local businesses. This is being achieved through a range of initiatives aimed at increasing the efficiency and productivity of these companies. For example, the government is providing support for businesses looking to adopt new technologies and is working to create a more business-friendly environment by reducing bureaucracy and streamlining regulations.
Increasing Value-Added: Another key aspect of the Kingdom’s Total Value Add Program is to increase the value-added by domestic industries. This is being achieved through a range of initiatives aimed at promoting innovation and entrepreneurship, and by encouraging businesses to focus on high-value products and services. The government is also investing in education and training, to ensure that the country’s workforce is equipped with the skills and knowledge needed to compete in the global economy.
Promoting Sustainable Development: In addition to driving economic growth, the Kingdom’s Total Value Add Program is also aimed at promoting sustainable development. The government is investing in renewable energy and is promoting sustainable practices in agriculture, tourism, and other industries. This is not only good for the environment, but it also creates new business opportunities and supports the country’s long-term economic growth.
“ One important aspect of Saudi Xerox’s strategy is to create seamless workflows that help businesses to streamline processes and improve productivity while at the same time focusing on fostering collaboration and teamwork. The company is developing solutions that allow people to work together more effectively. These are essential ingredients embedded the Kingdom’s Total Value Add Program.” Says Mehmet Sezer, General Manager of Saudi Xerox
About Saudi Xerox
Saudi Xerox is the representation of Xerox in Saudi Arabia and one of Olayan Group companies. It was established in 1986, with business lines that include providing solutions to improve business processes, automation and printing technology through an innovative vision of maximizing productivity and efficiency to create a better work environment.