QuantumNexis, Golden Code Holdings to accelerate AI in healthcare in Saudi Arabia

Saudi Arabia is turning a corner in healthcare, and tech players from both sides of the world are taking note. On February 5, 2026, Healthcare Triangle's digital health arm, QuantumNexis, announced a strategic joint venture with local powerhouse Golden Code Holdings to turbocharge AI-driven digital transformation across the Kingdom's sprawling healthcare system. The goal is as ambitious as it sounds: to tap into a healthcare market expected to reach $70 billion by 2030 while aligning with national priorities around quality, efficiency, and patient outcomes.

This partnership brings cutting-edge intelligence and cloud platforms together with deep regional know-how. It's more than a deal. It's a statement about how health systems will be built and run in the Middle East in the years ahead.

How will it work?

At its core, the joint venture is a blending of brains and boots on the ground:

• QuantumNexis brings global expertise in AI platforms and healthcare data standards.
• Golden Code Holdings delivers local market insight, investment muscle, and the ability to scale solutions inside Saudi Arabia.

Together, the JV plans to roll out a suite of healthcare software solutions designed to modernize operations and unlock real-time insights for providers:

• Ezovion is a next-generation platform for hospital and clinical operations.
• Ziloy.ai provides AI-enhanced clinical and operational intelligence.
• Readabl.ai automating documentation and care team workflows.
• openEHR-based tools supporting interoperability through partners like Better.care and Microsoft.

These aren't pie-in-the-sky products. They are platforms designed to help hospitals, clinics, and large health systems break down data silos, speed decision-making, and improve care coordination. The JV also wants to build local talent through training programs and create a regional hub that supports innovation, research, and workforce development.

Why does it matter?

This isn't just another tech partnership. It hits several strategic nerves at once:

• Healthcare modernization at scale: Saudi Arabia is investing heavily to digitize its healthcare system as part of its Vision 2030 reforms, shifting focus from volume to value-based care.
• AI and interoperability: These two capabilities are the backbone of tomorrow's health infrastructure. Without them, data remains trapped, workflows stay sluggish, and clinicians spend more time on paperwork than on patients.
• Local capacity building: The deal isn't about importing tools. It's about building local digital health talent and capabilities that can sustain and evolve an ecosystem over decades.

As Kathir K., President and Chief Growth Officer at QuantumNexis, put it "Our joint venture with Golden Code Holdings marks a defining moment in our global expansion." He made it clear that Saudi Arabia is not just a destination for sales but a stage for shaping how healthcare tech works in the 21st century.

David Ayanoglou, CFO of Healthcare Triangle, echoed that sentiment. He said the partnership "will aim to have large impacts on patient outcomes and will proliferate the deployment of our offerings in the region."

The context

Saudi Arabia's Vision 2030 plan is a national blueprint for economic diversification and service modernization. Healthcare sits front and center, with targets around digital transformation, data-driven care, and better clinical outcomes. The Ministry of Health has already published digital strategies to push the sector forward, and this joint venture fits neatly within that larger roadmap.

This deal also comes at a time when QuantumNexis itself is on the move globally. The company was launched in 2025 to drive AI-powered healthcare solutions across markets from Asia to the Middle East. Its platforms have been gaining traction with hospitals and clinics and have even processed tens of millions of dollars in consumption-based revenue.

For Golden Code Holdings, teaming with an established global player brings credibility and depth to its tech ambitions. The firm's deep roots in Saudi enterprise solutions and digital programs give the JV the muscle it needs to push into large public and private health markets.

In sum, this isn't a small partnership. It's a designed pivot toward a future where AI and smart data rule healthcare, where systems talk to each other, and where digital savvy becomes as important as clinical skill in improving how people get care.