Kuwait City, 13095,
Kuwait
Markaz Technographics
Markaz Technographics, Software Purchases, AI and Digital Transformation Initiatives
Discover the latest software purchases and digital transformation initiatives being undertaken by Markaz and its business and technology executives. Each quarter our research team identifies on-prem and cloud applications that are being used by the 150 Markaz employees from the public (Press Releases, Customer References, Testimonials, Case Studies and Success Stories) and proprietary sources.
During our research, we have identified that Markaz has purchased the following applications: KnowBe4 HRM+ for Learning and Development in 2021, Objectway Platform for Core Banking in 2025, Cisco Webex Meetings for Audio Video and Web Conferencing in 2020 and the related IT decision-makers and key stakeholders.
Our database provides customer insight and contextual information on which enterprise applications and software systems Markaz is running and its propensity to invest more and deepen its relationship with KnowBe4 , Objectway , Yardi 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 Markaz revenues, which have grown to $67.0 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 Markaz 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.
Markaz Tech Stack and Enterprise Applications
Markaz HCM
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| KnowBe4 | Legacy | KnowBe4 HRM+ | Learning and Development | HCM | n/a | 2021 | 2021 |
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Markaz ERP Services and Operations
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| Objectway | Legacy | Objectway Platform | Core Banking | ERP Services and Operations | n/a | 2025 | 2025 |
In 2025 Kuwait Financial Centre Markaz deployed the Objectway Platform, a Core Banking modular platform, to improve client experience, automate processes, and streamline client journeys for its asset management and investment banking operations. The engagement is positioned as a MENA region deployment of Objectway Platform capabilities targeting client facing and investment operations rather than a single named core banking module.
The implementation centers on modular Core Banking functionality within Objectway Platform, configured to support client onboarding, client lifecycle management, portfolio administration, investment order processing, client reporting, and workflow automation. The architecture emphasizes modular services and configurable business rules to orchestrate end to end client journeys, with the Objectway Platform used to standardize data models and instrument process automation across custody, reporting, and advisory workflows.
Operational scope covers Markaz business functions in asset management and investment banking across the MENA region, with a phased modular rollout to align configuration with discrete business lines and compliance controls. Governance includes centralized data stewardship, role based access controls, and workflow governance to rationalize client servicing processes, and the stated objectives for the Objectway Platform implementation are explicit improvements to client experience, process automation, and streamlined client journeys.
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Real Estate Property Management | ERP Services and Operations |
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2020 | 2020 |
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Markaz 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 | 2020 | 2020 |
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Collaboration | Collaboration |
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2017 | 2017 |
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Collaboration | Collaboration |
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2022 | 2022 |
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Markaz Content Management
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
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Web Content Management | Content Management |
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2015 | 2015 |
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Markaz CRM
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
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Tag Management | CRM |
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2016 | 2016 |
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Markaz PaaS
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
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Apps Development | PaaS |
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2021 | 2021 |
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Transactional Email | PaaS |
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2019 | 2019 |
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Markaz IaaS
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
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Content Delivery Network | IaaS |
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2025 | 2025 |
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Content Delivery Network | IaaS |
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2012 | 2012 |
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Content Delivery Network | IaaS |
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2023 | 2023 |
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Domain Name System (DNS) | IaaS |
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2014 | 2014 |
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Domain Name System (DNS) | IaaS |
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2020 | 2020 |
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Markaz CyberSecurity
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
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Identity and Access Management (IAM) | CyberSecurity |
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2023 | 2023 |
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Secure Sockets Layer (SSL) | CyberSecurity |
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2013 | 2013 |
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Web Application Firewalls (WAF), Phishing Protection | CyberSecurity |
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2025 | 2025 |
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IT Decision Makers and Key Stakeholders at Markaz
| First Name | Last Name | Title | Function | Department | Phone | |
|---|---|---|---|---|---|---|
| No data found | ||||||
Apps Being Evaluated by Markaz Executives
| Date | Company | Status | Vendor | Product | Category | Market |
|---|---|---|---|---|---|---|
| No data found | ||||||