ARRAY Innovation Company Profile

Background

Founded in 2024, ARRAY Innovation is a Bahrain-based AI and cloud-native digital solutions firm dedicated to advancing the world through ingenuity and making a lasting positive impact on society. The company's mission is to have the best people, solutions, and practices, positioning itself as the preferred global technology partner for its clients.

Key Strategic Focus

ARRAY Innovation specializes in enterprise software development, offering consulting, professional and managed services, and strategic resourcing partnerships. The company emphasizes engineering excellence, utilizing the latest tools and best practices to deliver solutions that meet client objectives. Its primary focus areas include digital transformation, modernization, artificial intelligence integration, cloud migration, and innovation.

Financials and Funding

ARRAY Innovation is privately held and backed by Bahrain Mumtalakat Holding Company, the sovereign wealth fund of the Kingdom of Bahrain. This partnership ensures adherence to the highest levels of corporate governance and provides the company with the financial stability to deliver on its commitments.

Technological Platform and Innovation

As an AI-native digital solutions provider, ARRAY Innovation leverages advanced technologies to boost client productivity. The company's services encompass:

Quality Engineering & Assurance (AQE&A): End-to-end QA capabilities to modernize and secure legacy environments.

Consulting & Advisory: Industry expertise in enterprise processes, technology, and transformation to help clients reimagine their organizations.

Software Development: Intuitive operating models that adapt to evolving customer needs, delivering new value and superior experiences.

Application Modernization: Accelerated modernization with software and platform-driven solutions to achieve agility in a digital world.

Cloud Solutions: Expertise in cloud migration and modernization services designed to streamline operations and drive lasting success.

Cybersecurity Services: Security and compliance audits, vulnerability assessment, and threat monitoring to safeguard organizations from evolving cyber threats.

Data & Analytics: Comprehensive data management and advanced analytics to empower informed decision-making.

DevOps Solutions: Integration of development and operations to deliver high-quality software at speed.

Digital Transformation: Strategic consulting and transformation roadmaps to guide organizations through industry-specific digital strategies.

Intelligent Process Optimization: Business process analysis and workflow automation to enhance efficiency.

Research & Development: Technology exploration and rapid prototyping to foster a culture of continuous improvement.

Leadership Team

Alaa Saeed, Chief Executive Officer & Founder: With over 16 years at Citi, Alaa led global platforms, data, and sales teams for the Foreign Exchange business. He holds a BSc in Philosophy and Economics from the London School of Economics and Political Science.

Rajesh Kolapakkam, Chief Technology Officer: Over 20 years in software architecture and development, with leadership roles at Citibank and Credit Suisse focusing on front office trading systems and workflow automation.

Wayne Siew, Chief Operating Officer: Two decades of experience driving sales and innovation across global businesses, with roles at P&G, HP, BT, IBM, Oracle, and Microsoft.

Hussain Merza, Chief Financial Officer: Over 22 years in banking, finance, accounting, auditing, and financial analysis, previously CFO of Danat and head of financial control for LMC.

Jasser El Mohor, Chief Operating Officer: Over 25 years in global IT operations within the financial services industry, previously Director of Digital Workplace Software Services at Citi.

Hussain Almusaad, Head of Quantitative Development: 18 years of global financial markets engineering experience, with roles at BlackRock and Goldman Sachs.

Nacira Ferdjoukh, Head of Human Resources: Over 20 years of HR and recruiting experience across Europe and the Middle East, previously Citi's country HR Head for Bahrain and Qatar.

Leadership Changes

As a recently established company in 2024, ARRAY Innovation has built its leadership team with seasoned professionals from various industries, ensuring a strong foundation for its operations.

Competitor Profile

Market Insights and Dynamics

The IT consulting and outsourcing industry is experiencing significant growth, driven by the increasing demand for digital transformation, cloud migration, and AI integration. Companies are seeking partners that can provide comprehensive solutions to modernize their operations and stay competitive in the digital era.

Competitor Analysis

ARRAY Innovation faces competition from established IT service providers such as Thought-Sol Infotech, Iris Software, Pegasus Infocorp, and Inove. These companies offer a range of IT solutions, including software development, cloud services, and consulting. However, ARRAY's focus on AI-native solutions and its strategic partnerships position it uniquely in the market.

Strategic Collaborations and Partnerships

In 2024, ARRAY Innovation secured strategic agreements with leading Bahraini organizations:

Aluminium Bahrain B.S.C. (Alba): Developing and deploying advanced AI, data analytics, and automation solutions to drive operational excellence and cost reduction.

National Bank of Bahrain (NBB): Enhancing NBB’s technology infrastructure with advanced Natural Language Processing and Generative AI to optimize operations and improve customer experience.