Ranked number nine in market cap among the top 25 telecommunications companies by revenue, stc has its sights on climbing the ranks.
To stay ahead and continue focus on innovation and evolution, stc set forth on a new corporate strategy in 2019, DARE, to expand their topline, create value with greater efficiencies, and prepare the company for the future. stc realized big data and analytics are key enablers that will support distinguished services and deliver growth. The DARE strategy is to:
Digitize stc: transforming into a data-driven organization to improve experience, enhance performance and drive efficiencies,
Accelerate core asset performance: by extracting more value from core assets and traditional segments,
Reinvent customer experience at world-class standards: by redefining customer experience through personalization of every interaction, and
Expand aggressively scale and scope: by pursuing concrete opportunities for growth via adjacent services, applications, platforms, connectivity, and infrastructure.