Jeddah, 21432,
Saudi Arabia
Wataniya Insurance Technographics
Wataniya Insurance Technographics, Software Purchases, AI and Digital Transformation Initiatives
Discover the latest software purchases and digital transformation initiatives being undertaken by Wataniya Insurance and its business and technology executives. Each quarter our research team identifies on-prem and cloud applications that are being used by the 400 Wataniya Insurance employees from the public (Press Releases, Customer References, Testimonials, Case Studies and Success Stories) and proprietary sources.
During our research, we have identified that Wataniya Insurance has purchased the following applications: Oracle Cloud ERP for ERP Financial in 2017, Oracle Cloud HCM for Core HR in 2018, Microsoft 365 for Collaboration in 2016 and the related IT decision-makers and key stakeholders.
Our database provides customer insight and contextual information on which enterprise applications and software systems Wataniya Insurance is running and its propensity to invest more and deepen its relationship with Oracle , Microsoft , OVHcloud 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 Wataniya Insurance revenues, which have grown to $152.0 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 Wataniya Insurance 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.
Wataniya Insurance Tech Stack and Enterprise Applications
Wataniya Insurance ERP
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| Oracle | Legacy | Oracle Cloud ERP | ERP Financial | ERP | EvoSys | 2017 | 2017 |
In 2017, Wataniya Insurance implemented Oracle Cloud ERP. The project targeted Oracle Cloud Financials within the ERP Financial category to centralize finance and accounting for Wataniya Insurance, a Saudi Arabia based insurer with approximately 400 employees and reported revenue of 152000000.
The implementation focused on core financial modules, including General Ledger, Accounts Payable, Accounts Receivable, Fixed Assets, Cash Management, and financial reporting capabilities available in Oracle Cloud Financials. Configuration work emphasized a consolidated chart of accounts, automated period close workflows, and role based access controls to support centralized accounting processes and auditability.
EvoSys served as the system integrator managing configuration, testing, and the phased go live across finance and treasury functions in Saudi Arabia. The deployment was structured as a centralized cloud tenancy running Oracle Cloud ERP, with implementation activities organized around module based cutovers and validation of statutory reporting outputs relevant to the insurer.
Governance changes accompanied the technical rollout, with formalized month end close procedures, segregation of duties controls implemented through Oracle Cloud Financials, and operational handoff to internal finance teams for ongoing application administration. The narrative centers on Wataniya Insurance Oracle Cloud ERP implementation in 2017, reflecting an ERP Financial modernization of core accounting and treasury operations.
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Wataniya Insurance HCM
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| Oracle | Legacy | Oracle Cloud HCM | Core HR | HCM | Evosys | 2018 | 2019 |
In 2018, Wataniya Insurance implemented Oracle Cloud HCM, deploying Oracle Fusion Cloud HCM to support Core HR capabilities under Saudi Arabia legislation. The program targeted HR core recordkeeping, payroll and absence management for a mid-market insurer with approximately 400 employees.
The deployment encompassed Oracle Fusion Global Human Resource, Oracle Fusion Global Payroll, and Oracle Fusion Absence Management modules, with Evosys engaged as the system integrator. Key implementation activities included payroll configuration conducted onsite, a coordinated onsite go-live, and onsite payroll to general ledger reconciliation.
Payroll to GL reconciliation established a transactional integration point between payroll processing and the company general ledger, aligning payroll accounting with Finance workflows. Operational coverage included HR, payroll and finance functions across Wataniya Insurance operations in Saudi Arabia, handling payroll processing, absence workflows and core HR administration.
Support was delivered through a combined onsite and offshore model to stabilize post-go-live operations and to manage payroll and reconciliation processes. Governance emphasis centered on cross-functional controls between HR and Finance and documented configuration and reconciliation procedures to comply with Saudi statutory payroll requirements.
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Wataniya Insurance Collaboration
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| Microsoft | Legacy | Microsoft 365 | Collaboration | Collaboration | n/a | 2016 | 2016 |
In 2016, Wataniya Insurance implemented Microsoft 365 to establish enterprise Collaboration across its organization. The Microsoft 365 deployment targeted core office productivity and collaboration needs for a roughly 400 person insurer headquartered in Saudi Arabia. The implementation is visible in the company web presence, indicating active Microsoft 365 usage on the public site.
The deployment leveraged standard Microsoft 365 services including Exchange Online for corporate email, SharePoint Online for intranet and document management, OneDrive for personal file synchronization and Microsoft Teams for real time chat and meetings. Configuration work focused on tenant provisioning and Office application licensing, with cloud delivered collaboration services configured to support document collaboration, meeting workflows and shared content libraries. Microsoft 365 for Collaboration was provisioned to enable centralized content governance and team collaboration patterns.
Operational coverage extended across central functions such as underwriting, claims operations, finance and HR, enabling centralized content management and synchronous communication channels. Identity and access management was aligned with Microsoft 365 native identity services, using Azure Active Directory for single sign on and role based access control to manage user profiles and group permissions. The implementation supported departmental collaboration and knowledge sharing across the organization.
Governance for the Microsoft 365 tenant emphasized administrative role separation, data classification and compliance controls consistent with an insurance environment operating in Saudi Arabia. Rollout was organization wide, with Microsoft 365 integrated into corporate communication channels and the public web presence. Ongoing administration and tenant governance were managed within the corporate IT organization.
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Wataniya Insurance 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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2017 | 2017 |
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Wataniya Insurance CyberSecurity
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
|
|
|
|
Secure Email Gateways (SEGs) | CyberSecurity |
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2020 | 2020 |
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Secure Email Gateways (SEGs) | CyberSecurity |
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2020 | 2020 |
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Secure Web Gateways (SWG) | CyberSecurity |
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2019 | 2019 |
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IT Decision Makers and Key Stakeholders at Wataniya Insurance
| First Name | Last Name | Title | Function | Department | Phone | |
|---|---|---|---|---|---|---|
| Head of Human Capital / Head of HR / HR Director | Director | HR |
Apps Being Evaluated by Wataniya Insurance Executives
| Date | Company | Status | Vendor | Product | Category | Market |
|---|---|---|---|---|---|---|
| No data found | ||||||