Mastek wins deal from Saudi Arabia company

(20 second reading) Mastek, a digital engineering and cloud transformation company has won a multi-tower deal from Saudi Arabia-based Yanbu Cement Company to optimise the efficiency of the latter’s production line.
Yanbu Cement Company (YCC) brought Mastek on board in 2022 for its digital and cloud transformation, aligning with Saudi Arabia’s Vision 2030 and Smart Industry 4.0 initiatives.Mastek will kick-off the second phase, focusing on automating YCC’s front office operations and streamlining the lead-to-cash cycle.
Its shares gained nearly 5.5% after the announcement.