About Future Technology Systems
Future Technology Systems is a company based in Kuwait City (Kuwait) founded in 2005 by Feras Al-Oqlah.. Future Technology Systems has completed 3 acquisitions, including Boston Calling, Counter Logic Gaming and Obscura Digital. Future Technology Systems offers products and services including Cyber Security Solutions, Datacenter Modernization, Business Continuity Services, AI and Data Innovation, and Digital Transformation. Future Technology Systems operates in a competitive market with competitors including UST, Genpact, 1&1 IONOS, Happiest Minds and Accenture, among others.
- Headquarter Kuwait City, Kuwait
- Founders Feras Al-Oqlah
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Sectors
Technology
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Email
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Phone
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Website
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Social
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- Legal Name Future Technology Systems Company
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
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Employee Count
Employee Count
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Investments & Acquisitions
Boston Calling
& 2 more
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Products & Services of Future Technology Systems
Future Technology Systems offers a comprehensive portfolio of products and services, including Cyber Security Solutions, Datacenter Modernization, Business Continuity Services, AI and Data Innovation, and Digital Transformation. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Offers protection against cyber threats for enterprises.
Modernizes datacenters for improved efficiency and scalability.
Ensures uninterrupted operations during disruptions.
Provides AI-driven data solutions for business innovation.
Guides organizations through digital upgrades and processes.
Delivers cloud infrastructure for secure data management.
Manages ongoing security needs for clients.
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Funding Insights of Future Technology Systems
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Future Technology Systems
Future Technology Systems has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Boston Calling, Counter Logic Gaming and Obscura Digital. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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eSports teams are managed, trained, and sent to tournaments.
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2010 | ||||
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Operator of movie theatre and music hall
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2000 | ||||
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Music festivals are operated annually in Boston by the company.
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1963 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Future Technology Systems
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Future Technology Systems Comparisons
Competitors of Future Technology Systems
Future Technology Systems operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as UST, Genpact, 1&1 IONOS, Happiest Minds and Accenture, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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High-quality office furniture is provided by UST for various needs.
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Provider of end-to-end business process outsourcing services
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| domain | founded_year | HQ Location |
Cloud infrastructure and hosting services are provided by 1&1 IONOS.
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| domain | founded_year | HQ Location |
IT outsourcing services are delivered across multiple business lines.
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| domain | founded_year | HQ Location |
IT and management consultancy services are provided globally.
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| domain | founded_year | HQ Location |
Application development, cloud, cybersecurity, and business intelligence services are provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Future Technology Systems
When was Future Technology Systems founded?
Future Technology Systems was founded in 2005.
Where is Future Technology Systems located?
Future Technology Systems is headquartered in Kuwait City, Kuwait.
Who is the current CEO of Future Technology Systems?
Feras Al-Oqlah is the current CEO of Future Technology Systems. They have also founded this company.
What does Future Technology Systems do?
Future Technology Systems was founded in 2005 and is headquartered in Kuwait City, Kuwait. Operations focus on the IT services sector, where managed services, cloud solutions, support, and outsourcing are delivered. Key offerings encompass information security, datacenter optimization, and infrastructure management tailored for small and medium-sized enterprises as well as larger organizations. Partnerships are maintained with entities such as VMware, Microsoft, Splunk, Automic, and Lenovo.
Who are the top competitors of Future Technology Systems?
Future Technology Systems's top competitors include Happiest Minds, Mavenir and GirnarSOFT.
What products or services does Future Technology Systems offer?
Future Technology Systems offers Cyber Security Solutions, Datacenter Modernization, Business Continuity Services, AI and Data Innovation, and 3 more products and services.
How many acquisitions has Future Technology Systems made?
Future Technology Systems has made 3 acquisitions, including Boston Calling, Counter Logic Gaming, and Obscura Digital.
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