CST & Software AG signed a memorandum of understanding to promote the digital skills of the youth
Memorandum of Understanding to Enhance Digital Skills for a Digitally Empowered Future Workforce with Software AG’s Annual Future Disruptors Program
Recruiting innovators to intern at Software AG’s IoT centers in Saudi Arabia and Germany
Saudi Arabia: December 5, 2022: The Communications, Space and Technology (CST) Commission, the Kingdom of Saudi Arabia’s ICT regulator, and global technology company Software AG (Frankfurt MDAX: SOW) have signed a memorandum of understanding to support Software AG. the second edition of its annual Future Disruptors Program in the Kingdom in 2023. In line with the talent development goals of Saudi Vision 2030, CST will provide its support to a youth program that will encourage industry-academia collaboration and foster effective knowledge and digital skills creation to strengthen country’s digital economy and thrive in a changing world.
The partnership aims to support technological breakthroughs and the adoption of advanced technologies. The two entities will work together in various areas of cooperation, including the inclusion of youth from universities and institutions and the stimulation of smart implementations of IoT, AI and machine learning. Students will gain the knowledge and skills to build and lead real-world corporate business cases and IoT transformations as they compete to create smart, sustainable solutions for the cities of the future. The program fosters critical thinking and creativity among students, helps them reshape future cities and fosters core competencies among students that will shape the future world of well-being while anchored in sustainable goals.
Under this year’s theme Transform, Evolve and Simplify, students are challenged to assess the real impact of conceptual ideas in creating new value and developing viable solutions for industry and sustainable smart cities. Participants must present these real-world contexts through models based on the Internet of Things, artificial intelligence and machine learning. Prototypes are assessed and judged by an independent panel of renowned representatives of government and non-governmental organizations. Shortlists and winners are determined based on a points system and include innovation, transformation, evolution and simplicity as some of its parameters. With several elimination rounds due to the overwhelming participation from more than 9 universities, only the last three shortlisted projects will present their solutions at LEAP 2023. The winning team will receive internships with Software AG in Saudi Arabia and Germany, providing hands-on experience implementing Software AG solutions in addition to future career opportunities.
Raed Al-Fayez, Deputy Governor for IT and New Technologies, CST said: “The rise of digitization across economies is profoundly influencing the future world of work; in which youth play a significant role. At CST, we remain committed to supporting the development of the digital skills of the Saudi youth to not only make them employable but also to secure their future careers. The Future Disruptors Program provides the necessary practical skills and knowledge through new and emerging technologies. We are delighted that Software AG is taking a keen interest in building and improving the country’s youth and a more digitally-focused work environment, and we wholeheartedly complement their efforts that lead to an entrepreneurial spirit.
“Digital skills remain a unanimous focus. As Saudi Arabia promotes Saudization in technology, platforms such as these aim to nurture the Kingdom’s new talent, empowering them for 21st century learning by harnessing the power of IT to transform education and become the workforce of the future,”
said Mamdouh Al Olayan, Country Manager. , Saudi Arabia, Software AG. “Our technical skills and expertise offered during this period encourage students to imagine and redesign innovations for developments such as the soon-to-be-metaverse world, creating young inventors. We are excited about the 2023 teams and their innovative prototypes.
The six-month program features extensive resources and in-depth training on Software AG’s industry-leading Cumulocity IoT platform, led by the company’s technical team, in addition to advocates, guest trainers and mentors from leading regional organizations. Some of the external names from previous seasons of the program include – CST, 2P, TCC. Once completed, Software AG will continue to support these young student innovators through strategic collaborations for growth opportunities such as government interactions, the start-up ecosystem and other early-stage startup supporters such as incubators, angel investors and venture capital investors.
Entries for the program are now open in Saudi Arabia until November 30, 2022.
For more details or to register, https://info.softwareag.com/Future-Disruptors-Award-LEAP-2023-Hub.html
About Software AG
Software AG simplifies the connected world. Founded in 1969, the company helps deliver the experiences that employees, partners and customers now expect. Its technology creates a digital backbone that integrates applications, devices, data and clouds; enables efficient processes; and connects “things” such as sensors, devices and machines. It helps more than 10,000 organizations become a truly connected enterprise and make smarter decisions faster. The company has more than 5,000 employees in more than 70 countries and annual sales in excess of EUR 830 million. Its ambition is to exceed 1 billion euros in organic revenue in 2023.
About CST:
The Communications, Space and Technology Commission (CST) is the independent telecommunications, space and IT regulator in Saudi Arabia. The kingdom’s digital regulator seeks to enable innovative communications infrastructure while ensuring that services provided within the kingdom meet standards of availability, performance, equity and value.
About CST:
About the Future Disruptors program
The Future Disruptors Program is a one-year program launched in 2020 for undergraduate students with branches in the UAE and Saudi Arabia. The program aims to foster innovation by bridging the gap between current developments in the corporate world and the increasing expectations of the “digitally native” workforce and citizens of tomorrow. Participants are challenged to solve real-world challenges through new and emerging technologies such as IoT, AI and innovative models based on machine learning. The program promotes advocates from the region’s leading organizations as jury members who lead a rigorous evaluation process to honor the most deserving idea as part of the city’s innovation agenda.
