Riyadh, 13519,
Saudi Arabia
Tourism Development Fund Technographics
Tourism Development Fund Technographics, Software Purchases, AI and Digital Transformation Initiatives
Discover the latest software purchases and digital transformation initiatives being undertaken by Tourism Development Fund and its business and technology executives. Each quarter our research team identifies on-prem and cloud applications that are being used by the 350 Tourism Development Fund employees from the public (Press Releases, Customer References, Testimonials, Case Studies and Success Stories) and proprietary sources.
During our research, we have identified that Tourism Development Fund has purchased the following applications: Oracle Cloud ERP for ERP Financial in 2021, Oracle Cloud HCM for Core HR in 2021, Temenos Infinity for Digital Banking in 2021 and the related IT decision-makers and key stakeholders.
Our database provides customer insight and contextual information on which enterprise applications and software systems Tourism Development Fund is running and its propensity to invest more and deepen its relationship with Oracle , Temenos , Mozn 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 Tourism Development Fund revenues, which have grown to $55.0 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 Tourism Development Fund 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.
Tourism Development Fund Tech Stack and Enterprise Applications
Tourism Development Fund ERP
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| Oracle | Legacy | Oracle Cloud ERP | ERP Financial | ERP | n/a | 2021 | 2022 |
In 2021, Tourism Development Fund implemented Oracle Cloud ERP as its ERP Financial platform to centralize finance and related back office functions across the organization. The implementation is part of a broader Oracle Cloud deployment spanning Software as a Service, Platform as a Service and Infrastructure as a Service and includes the migration of core IT systems to Oracle Cloud Infrastructure to support the Fund’s mandate to enable investors in Saudi Arabia’s tourism sector.
The deployment includes Oracle Fusion Cloud Enterprise Resource Planning, Oracle Fusion Cloud Enterprise Performance Management, Oracle Fusion Cloud Human Capital Management and Oracle Fusion Cloud Customer Experience, with Oracle Integration Cloud used to orchestrate data flows and process automation. Functional coverage concentrates on core banking related workflows, finance, procurement and human resources, and the Oracle Cloud ERP was configured to support unified financial ledgers, budgeting and performance management capabilities consistent with ERP Financial requirements.
Operationally the rollout follows a Cloud First strategy centered in Riyadh with Oracle cloud region residency in Jeddah, and the implementation is aligned with Saudi regulatory frameworks, including Communications and Information Technology Commission Level 1 certification, the Cloud Computing Regulatory Framework and National Cybersecurity Authority security models. Integration architecture leverages Oracle Integration Cloud to connect SaaS modules and migrate on-premise systems to Oracle Cloud Infrastructure, enabling real time data integration and unified process orchestration across departments.
Governance changes emphasized data integration, standardized business processes and real time performance monitoring to scale operations and support investor services. Explicit outcomes reported include increased productivity, reduced costs, improved controls, lower total cost of ownership, improved agility and secure performance, and a pilot project was initiated to incorporate Artificial Intelligence capabilities to further enhance customer and employee experience.
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Tourism Development Fund HCM
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| Oracle | Legacy | Oracle Cloud HCM | Core HR | HCM | n/a | 2021 | 2022 |
In 2021, Tourism Development Fund implemented Oracle Cloud HCM as part of a broader Oracle Cloud First program to modernize its Core HR capabilities and unify core business processes. The Oracle Cloud HCM implementation sits within an end-to-end Oracle Cloud deployment that spans Software as a Service, Platform as a Service, and Infrastructure as a Service, and is explicitly aligned to the organization’s mandate to enable investors in Saudi Arabia’s tourism sector.
The deployment included Oracle Fusion Cloud Human Capital Management, Oracle Fusion Cloud Enterprise Resource Planning, Oracle Fusion Cloud Enterprise Performance Management, Oracle Fusion Cloud Customer Experience, and Oracle Integration Cloud, all provisioned on Oracle Cloud Infrastructure. Functional modules implemented focused on core banking adjacent workflows, finance, human resources, and procurement, with configuration for automated business processes, unified data models, and cross-functional orchestration to support fund operations.
Integration architecture emphasized Oracle Integration Cloud to achieve data integration and connected workflows across ERP, HCM, EPM, CX, and the organization’s core financial support processes. The implementation is hosted in Oracle’s Saudi cloud region, with services aligned to the Kingdom’s Cloud Computing Regulatory Framework and compliant with National Cybersecurity Authority security models, supporting operations based in Riyadh while leveraging in-country cloud residency in Jeddah.
Governance and operational objectives included centralized process controls, real-time fund performance monitoring, and the ability to scale operations to support tourism sector SMEs. TDF is also running a pilot project to incorporate Artificial Intelligence capabilities to enhance customer and employee experience, and explicit outcomes called out by the organization include increased productivity, reduced costs, improved controls, and streamlined connectivity across core functions.
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Tourism Development Fund ERP Services and Operations
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| Temenos | Legacy | Temenos Infinity | Digital Banking | ERP Services and Operations | Systems Limited | 2021 | 2022 |
In 2021 Tourism Development Fund implemented Temenos Infinity as a Digital Banking platform to support a Corporate Loan Origination System. Systems Limited led the implementation with contributor NdcTech, targeting Tourism and Development Fund operations in Saudi Arabia.
Development delivered a CLOS web application built on Temenos Infinity visualizer and fabric, with configuration for corporate loan lifecycle orchestration. Functional modules implemented included loan request handling, a collateral feature, and mapped transact to align transaction flows with origination processes.
The loan request workflow was integrated with Temenos T24 to enable data exchange between origination and core banking, ensuring end to end processing from request intake to core posting. The implementation focused on corporate credit origination, collateral administration, and credit processing workflows, aligning application components to lending and credit operations.
Workstreams ran from Jan 2021 to Feb 2022 for initial delivery and extended through Aug 2021 to Nov 2022 for CLOS refinement, and the application entered User Acceptance Testing. Governance established implementation ownership with Systems Limited and contributor coordination with NdcTech, and the project was recorded as in UAT at the time of reporting.
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Tourism Development Fund CRM
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
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Customer Experience | CRM |
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2021 | 2021 |
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Tourism Development Fund EPM
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
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EPM | EPM |
|
2021 | 2022 |
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Tourism Development Fund TRM
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
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AML, Fraud and Compliance | TRM |
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2020 | 2020 |
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Tourism Development Fund 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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2021 | 2021 |
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Content Delivery Network | IaaS |
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2021 | 2021 |
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Content Delivery Network | IaaS |
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2021 | 2021 |
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IT Decision Makers and Key Stakeholders at Tourism Development Fund
| First Name | Last Name | Title | Function | Department | Phone | |
|---|---|---|---|---|---|---|
| No data found | ||||||
Apps Being Evaluated by Tourism Development Fund Executives
| Date | Company | Status | Vendor | Product | Category | Market |
|---|---|---|---|---|---|---|
| 2026-08-23 | Tourism Development Fund | Evaluated | SAP | SAP Joule AI Agents | Generative AI Platforms | AI Development |