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NextEra Partners with MegazoneCloud to Contribute to the Kingdom’s Digital Transformation Through Scalable Multi-Cloud Innovation

June 30, 2025

NextEra Partners with MegazoneCloud to Contribute to the Kingdom’s Digital Transformation Through Scalable Multi-Cloud Innovation Vision 2030

Riyadh, Kingdom of Saudi Arabia – June 30, 2025 – NextEra , a digital services company established as a joint venture between Aramco Digital, the tech subsidiary of Aramco, and LTIMindtree, a global technology consulting firm, has signed a Master Service Agreement (MSA) with MegazoneCloud, a leading Korean AI and cloud technology provider. The MSA seeks to engage MegazoneCloud to provide NextEra with a powerful, enterprise-grade cloud management and data orchestration platform tailored for the Kingdom’s digital transformation journey.

The signing ceremony took place during a visit by Dina Aboonoq, CEO and Board Member of NextEra, to MegazoneCloud’s headquarters in Gwachon, Korea. The visit included an executive tour of Megazone Industry-Academia-Research Center in Gwacheon, followed by the signing of the MSA in the presence of MegazoneCloud Chairman, Max Joo-Wan Lee, Korea Artificial Intelligence Software Industry Association (KOSA) Chairman, Joon Hee Joh, and Aramco Digital CEO and NextEra Chairman, Nabil Al-Nuaim.

NextEra, which brings together LTIMindtree’s world-class technology expertise and Aramco Digital’s deep local insight, has selected MegazoneCloud’s cloud management platform, SpaceOne, aims to establish a cloud-agnostic, modular platform that simplifies, secures, and scales multi-cloud operations for enterprises in the region. The solution will enable centralized governance, automated resource orchestration, real-time observability, and regulatory compliance – all within a unified control plane.

Beyond the MSA, both companies aim to establish a cooperation framework to support Korean technology companies' entry into Middle Eastern markets. MegazoneCloud plans to provide practical support for Korean companies, including SaaS and AI companies, through its local partner NextEra. The companies also plan to pursue multifaceted cooperation including education and talent development programs to enhance Saudi Arabia's digital capabilities.

This initiative aligns with Saudi Arabia’s Vision 2030, contributing to a homegrown digital ecosystem that empowers enterprises to reduce complexity, drive innovation, and adopt emerging technologies such as AI and IoT. It also addresses local needs around data sovereignty, security compliance, and performance optimization, helping Saudi enterprises modernize at scale.

“At NextEra, we believe that cloud is a catalyst for transformation,” said Dina Aboonoq, CEO and Board Member of NextEra. “In engaging MegazoneCloud we aim to deliver a future-ready platform that gives Saudi enterprises full control over their operations, no matter how complex their IT environments. This is a strategic step toward realizing the Kingdom’s ambitions for global digital leadership and making Saudi Arabia a global AI powerhouse.”

"This agreement goes beyond simple solution implementation – it significantly demonstrates that MegazoneCloud's core competencies and customer-tailored value have gained recognition in the global market, " said Max Lee, Chairman of MegazoneCloud. "The journey that began with KOSA cooperation has allowed us to foster a relationship with NextEra and Aramco Digital, and we aim to continue to establish a solid bridgehead to facilitate Korean technology companies' expansion into the Middle East."

About NextEra: NextEra is a next-generation technology company based in Saudi Arabia, established as a joint venture between Aramco Digital—the digital and technology subsidiary of Aramco—and LTIMindtree, a global leader in technology consulting and digital solutions. We deliver localized IT services and drive innovation across AI, cloud, Industry 4.0, and sustainable technologies, in alignment with Saudi Vision 2030. Uniquely positioned to blend local insight with global expertise, NextEra provides tailored solutions for the evolving needs of regional and international markets. By optimizing operations and fostering innovation across critical sectors, we aim to be a cornerstone of Saudi Arabia’s digitally driven future

About MegazoneCloud: MegazoneCloud is a leading AI and cloud-native company, home to over 2,000 cloud and AI technology experts. As a trusted digital transformation (DX) partner to more than 7,000 clients worldwide, MegazoneCloud empowers innovation and growth through strategic alliances with major global and domestic cloud service providers (CSPs). The company also collaborates with over 140 independent software vendors (ISVs) and offers a suite of proprietary cloud, AI, and security solutions. Under its vision of "Transform Tomorrow, Together", MegazoneCloud is committed to building future-ready competitiveness for its customers—powered by cutting-edge technology, data, and the passion of its people. With local operations in nine countries, including Korea, North America, Japan, Southeast Asia, and Oceania, the company continues to grow alongside its global partners and clients.


Media Contacts
MegazoneCloud: sooha@mz.co.kr
May 28, 2025

Pioneering Digital Innovation to Drive Vision 2030

Riyadh, Kingdom of Saudi Arabia / Mumbai, India - May 28, 2025 - Aramco Digital, the digital and technology subsidiary of Aramco, and LTIMindtree [NSE: LTIM, BSE: 540005],a global technology consulting and digital solutions company, today announced the official launch of NextEra, a next-generation IT services company headquartered in the Kingdom of Saudi Arabia.

A strategic joint venture, between LTIMindtree and Aramco Digital named 'LTIM Aramco Digital Solutions for Information Technology Company' - 'NextEra' is designed to accelerate Saudi Arabia's digital transformation in alignment with the Kingdom's ambitious Vision 2030. The initiative reflects a shared commitment to building a robust, homegrown digital ecosystem that fuels innovation, economic diversification, and sustainable growth. Powered by advanced and emerging technologies NextEra aims to offer organizations future-ready solutions that enhance operational efficiency, enable intelligent decision-making, and deliver seamless customer experiences.

NextEra's foundation is built upon six core pillars- emerging technologies and automation, scalable cloud services, deep industry expertise, digital engineering, sustainability, and customer centricity.

“The launch of NextEra marks a pivotal milestone in our efforts to localize IT services and contribute to advancing the Kingdom's digital landscape. We are glad to partner with LTIMindtree in establishing this joint venture, which brings together world-class technology expertise and deep local insight. Through NextEra, we aim to build a future-ready digital ecosystem that drives innovation, enhances national competitiveness, and contributes to the Kingdom's digital transformation journey under Vision 2030. This collaboration also reinforces Aramco Digital's commitment to accelerating digital progress across industrial and other strategic sectors, delivering sustainable impact, long-term value, and alignment with national priorities.”— Nabil Al-Nuaim, Chairman of NextEra and CEO of Aramco Digital

"Partnering with Aramco Digital to establish NextEra is a significant milestone in LTIMindtree's global expansion strategy. We are excited to bring our deep technical capabilities and cross-industry experience to support Saudi businesses in their digital journeys." said Venu Lambu, Vice Chairman, NextEra; Chief Executive Officer (Designate) and Whole-Time Director, LTIMindtree.

“This joint venture is a key step toward Saudi Arabia's Vision 2030, as we build a national platform for innovation and sustainable digital growth,” said Dina Aboonoq, CEO and Board Member, NextEra; Executive VP, LTIMindtree. “Through advanced delivery centers and partnerships with local universities, we're accelerating digital transformation, empowering local talent, and supporting SMEs and major industries with tailored managed services that ensure excellence and compliance.”

About NextEra
NextEra is a next-generation technology company based in Saudi Arabia, established as a joint venture between Aramco Digital—the digital and technology subsidiary of Aramco—and LTIMindtree, a global leader in technology consulting and digital solutions. We deliver localized IT services and drive innovation across AI, cloud, Industry 4.0, and sustainable technologies, in alignment with Saudi Vision 2030. Uniquely positioned to blend local insight with global expertise, NextEra provides tailored solutions for the evolving needs of regional and international markets. By optimizing operations and fostering innovation across critical sectors, we aim to be a cornerstone of Saudi Arabia’s digitally driven future.

About LTIMindtree
LTIMindtree is a global technology consulting and digital solutions company that helps enterprises reimagine business models and accelerate innovation. With a client base of over 700 companies and a team of 84,000+ professionals across 30+ countries, LTIMindtree delivers transformative outcomes across industries. A part of the Larsen & Toubro Group, LTIMindtree is at the forefront of delivering large-scale digital transformation programs worldwide. Learn more at https://www.ltimindtree.com

Media Contacts
NextEra: Marwa.chreif@nexteratech.com
LTIMindtree: michelle.nalinikumar@ltimindtree.com
Aramco Digital: media.inquiries@aramcodigital.com
June 11, 2024

LTIMindtree strengthens presence in Saudi Arabia

Opens its Regional Headquarters in Riyadh

Riyadh, Saudi Arabia & Mumbai, India - June 11, 2024: LTIMindtree [NSE: LTIM, BSE: 540005], a global technology consulting and digital solutions company, announces the inauguration of its regional headquarters in Saudi Arabia's capital, Riyadh, as part of the expansion in KSA and the Middle East.

The opening of this office is in line with the KSA government's Regional Headquarters Program and a key milestone enabling LTIMindtree to support, manage, and direct its strategic business initiatives in the region. This also aligns with KSA's wider vision for 2030, strategy for economic diversification, development, and growth.

This new office, situated in Riyadh's iconic business district and lifestyle destination, King Fahd Road, was inaugurated on June 11, 2024, in the presence of Dr. Suhel Ajaz Khan, the Ambassador of India to the Kingdom of Saudi Arabia; Tareq Amin, CEO, Aramco Digital; and Debashis Chatterjee, CEO & MD, LTIMindtree.

Debashis Chatterjee, CEO & MD, LTIMindtree, said, “Saudi Arabia is a key market for the future of IT, and our expansion upholds our commitment to bringing innovation here. We believe Saudi Arabia's ambitious Vision 2030 provides an ideal framework for us to leverage our extensive technology expertise and help empower the Kingdom's talent and technological landscape. The opening of this office is a key milestone, enabling us to support, manage, and direct our business in the MENA region.”

Tareq Amin, CEO, Aramco Digital, “The new office marks a significant step forward in our shared journey towards progress. This collaboration is a testament to the growing global interest in Saudi Arabia as a hub for cutting-edge technology and talent. We look forward to this partnership's positive impact on our economy and the opportunities it will create for our people.”

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