Kuwait City, 13153,
Kuwait
KNET Technographics
Discover the latest software purchases and digital transformation initiatives being undertaken by KNET and its business and technology executives. Each quarter our research team identifies on-prem and cloud applications that are being used by the 250 KNET employees from the public (Press Releases, Customer References, Testimonials, Case Studies and Success Stories) and proprietary sources.
During our research, we have identified that KNET has purchased the following applications: ACI Digital Central for Payment Processing in 2023, Cisco Webex Meetings for Audio Video and Web Conferencing in 2019, WooCommerce for eCommerce in 2022 and the related IT decision-makers and key stakeholders.
Our database provides customer insight and contextual information on which enterprise applications and software systems KNET is running and its propensity to invest more and deepen its relationship with ACI Worldwide , Cisco Systems , Microsoft or identify new suppliers as part of their overall Digital and IT transformation projects to stay competitive, fend off threats from disruptive forces, or comply with internal mandates to improve overall enterprise efficiency.
We have been analyzing KNET revenues, which have grown to $40.0 million in 2024, plus its IT budget and roadmap, cloud software purchases, aggregating massive amounts of data points that form the basis of our forecast assumptions for KNET intention to invest in emerging technologies such as AI, Machine Learning, IoT, Blockchain, Autonomous Database or in cloud-based ERP, HCM, CRM, EPM, Procurement or Treasury applications.
ERP Financial Management
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| ACI Worldwide | Legacy | ACI Digital Central | Payment Processing | ERP Financial Management | n/a | 2023 | 2024 |
In 2023, KNET implemented ACI Digital Central to build WAMD, Kuwait's national real-time account to account payments scheme. KNET leveraged ACI's Digital Central Infrastructure to scope and deliver the national scheme, completing the core implementation in under 15 months.
The deployment centered on ACI Digital Central and typical real-time payments functional modules, including real-time clearing and settlement orchestration, participant onboarding workflows, rule engine configuration, and API connectivity for bank and PSP adapters. Configuration activities emphasized scheme rules, instant funds availability controls, and operational monitoring to support 24 by 7 real-time processing.
The solution went live in June 2024 and has been operated as a national scheme across Kuwait, integrating with participating banks and payment service providers to enable account to account transfers. Operational coverage included scheme operations, participant bank operations, and retail payments processing, aligning central infrastructure with bank adapters and participant onboarding processes.
Governance focused on scheme onboarding, participant certification, and operational rules to manage clearing and settlement. The rollout onboarded over one million accounts in its first year after go-live, rapidly increasing real-time payments adoption across Kuwait, illustrating ACI Digital Central Infrastructure driving national payments scheme orchestration and participant scale.
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Collaboration
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| Cisco Systems | Legacy | Cisco Webex Meetings | Audio Video and Web Conferencing | Collaboration | n/a | 2019 | 2019 |
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Collaboration | Collaboration |
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2021 | 2021 |
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eCommerce
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| Automattic | Legacy | WooCommerce | eCommerce | eCommerce | n/a | 2022 | 2022 |
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CRM
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
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CRM | CRM |
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2019 | 2019 |
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Tag Management | CRM |
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2019 | 2019 |
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ITSM
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
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IT Service Management | ITSM |
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2024 | 2024 |
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IaaS
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
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Application Hosting and Computing Services | IaaS |
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2020 | 2020 |
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Content Delivery Network | IaaS |
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2024 | 2024 |
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Servers, Storage and Networking | IaaS |
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2015 | 2015 |
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CyberSecurity
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
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Secure Web Gateways (SWG) | CyberSecurity |
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2013 | 2013 |
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Web Application Firewalls (WAF), Phishing Protection | CyberSecurity |
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2024 | 2024 |
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