The inauguration was held under the patronage of the Vice Minister of Communications and Information Technology, Eng. Haytham Abdulrahman Abdullah AlOhali, and featured the participation of numerous government entities and key international companies in the industry.

“This milestone represents the embodiment of government-driven efforts to foster a local technology and research environment. We aim to inspire Saudi businesses to incorporate and innovate with advanced technologies. This initiative also promotes the competition among local enterprises in assimilating contemporary technological advancements,” Eng. Haytham AlOhali said during his address.

Al-Ohali emphasized that the Kingdom would not have achieved this high level of advanced competitiveness in the technology sector without the steadfast support of the wise leadership. He highlighted the pivotal role research centers play in establishing a robust technological infrastructure. Such infrastructure, he noted, has the potential to create numerous job opportunities in various technology sectors for both Saudi men and women.

Commenting on the launch, Eng. Essam bin Abdulaziz Al Shiha, CEO of SBM, said: "TECHXAGON's inauguration symbolizes a strategic achievement for SBM, exemplifying our focus on innovation, research, and development. The center is poised to set a precedent in the Kingdom as a pioneering research and development hub, adhering to national standards while maintaining alignment with global technological trends. The primary aim of TECHXAGON is to empower local talent, foster technology localization, and develop a world-class Saudi technology solution with global competitiveness.”

Al Shiha also emphasized that this significant advancement aligns with the goals of Saudi Vision 2030. He stressed that the initiative would enhance local content in cutting-edge technologies, foster an environment conducive to innovation and creativity, expand employment opportunities for the younger generations, and increase the contribution of the technology sector to the country's Gross Domestic Product (GDP).

“The state-of-the-art TECHXAGON facility is situated in SBM's building in Riyadh's Digital City. Built to meet the highest international standards in information technology, it features a wealth of advanced technical facilities that showcase the latest developments in the field. The center boasts numerous international certifications in data centers, cloud computing, cybersecurity, and interior design, illustrating the center’s commitment to global best practices in technology.” Al Shiha added.