Erick Baduy,CEO ofEdarat Communication and Information Technology Co.
Edarat Communication and Information Technology Co.’s total backlog stand at nearly SAR 200 million for 2025 and 2026, CEO Erick Baduy told Argaam in a phone call. 
He explained that the contracts are related to services launched at the end of 2024, with limited impact in the past year due to the stage of preparation.
Baduy expected that the impact of these contracts will materialize on revenues this year, especially in the areas of hosting databases and providing artificial intelligence solutions to customers.
He pointed out that the company is currently focusing on attracting international firms wishing to enter the Saudi market, particularly in the data centers sector, in addition to targeting the financial and government sectors that need advanced digital infrastructure.
On the financial results for the second half of 2024, he noted that profit came inline with forecasts driven by the expansion plan that the company started during the past two years, as it focused on adding new services in the cloud computing segment, which contributed to achieving the expected growth.
The CEO further explained that the main segments that contributed to revenue growth are data centers and cloud computing, where the cloud computing services had the largest impact, rising by 61%.
Additionally, the expansion plans and targets of the Kingdom’s Vision 2030 have strengthened the company’s opportunities in the market and contributed to increasing the number of its customers, he added.
Meanwhile, the executive expected the continued growth of the demand for databases in 2025 as a result of continuous expansion and increasing demand for these services, in addition to introducing new services within these centers, and the direct impact of artificial intelligence on the revenues of cloud services.
Erick Baduy,CEO ofEdarat Communication and Information Technology Co.
Edarat Communication and Information Technology Co.’s total backlog stand at nearly SAR 200 million for 2025 and 2026, CEO Erick Baduy told Argaam in a phone call.
He explained that the contracts are related to services launched at the end of 2024, with limited impact in the past year due to the stage of preparation.
Baduy expected that the impact of these contracts will materialize on revenues this year, especially in the areas of hosting databases and providing artificial intelligence solutions to customers.
He pointed out that the company is currently focusing on attracting international firms wishing to enter the Saudi market, particularly in the data centers sector, in addition to targeting the financial and government sectors that need advanced digital infrastructure.
On the financial results for the second half of 2024, he noted that profit came inline with forecasts driven by the expansion plan that the company started during the past two years, as it focused on adding new services in the cloud computing segment, which contributed to achieving the expected growth.
The CEO further explained that the main segments that contributed to revenue growth are data centers and cloud computing, where the cloud computing services had the largest impact, rising by 61%.
Additionally, the expansion plans and targets of the Kingdom’s Vision 2030 have strengthened the company’s opportunities in the market and contributed to increasing the number of its customers, he added.
Meanwhile, the executive expected the continued growth of the demand for databases in 2025 as a result of continuous expansion and increasing demand for these services, in addition to introducing new services within these centers, and the direct impact of artificial intelligence on the revenues of cloud services.
