Mohammed Olwan, Co-Founder, Fastech.co
Forget the dusty blueprints and the humdrum of traditional industry. In a world where innovation feels like a turbocharged rollercoaster, Mohammed Olwan isn’t just riding along; he’s the engineer who built the track. As the Co-Founder of Fastech.co, Olwan has taken the often-overlooked realm of motion control and injected it with a jolt of genius, transforming it from a niche necessity into a global powerhouse. Since its 2021 launch, Fastech hasn’t just grown; it’s practically done a moonwalk across the industry, proving that when vision meets velocity, truly extraordinary things happen. This is the chronicle of a visionary who didn’t just predict the future; he actively sculpted its contours, meticulously crafting every mechanism to bring it to life, one precise, paradigm-shifting motion at a time.
The Genesis of an Innovator
For Olwan, the entrepreneurial journey was not a sudden leap but a natural evolution born from a deep-seated desire to create impact. “From an early stage in my career, I was driven by a desire to innovate and create impactful solutions,” he shares. His diverse background in construction and technology illuminated critical gaps within the industry, sparking the idea for Fastech. Co-founded in October 2021, Fastech’s mission was clear: to harness technology to streamline processes and deliver unparalleled value. This ambition laid the groundwork for a challenging yet profoundly rewarding venture, continuously pushing boundaries and driving positive change.
Forging Credibility in a Competitive Arena
The path to global recognition was not without its formidable obstacles. In its nascent stages, Fastech faced the daunting task of carving out a niche in a market dominated by long-established players. “Establishing credibility was one of the most significant challenges,” Olwan admits. Navigating the intricate demands of international markets and understanding diverse customer needs presented a steep learning curve.
Their strategy for overcoming these hurdles was multifaceted and rooted in excellence. Fastech is committed to rigorous technical research and continuous product development, ensuring their solutions consistently meet the highest benchmarks of performance and reliability. Simultaneously, they strategically invested in building a robust global distribution network, enabling them to provide prompt support and services worldwide. This unwavering dedication to customer satisfaction and a relentless pursuit of excellence gradually cemented Fastech’s reputation as a trusted leader in the motion control industry.
Powering Saudi Arabia’s Vision 2030
As Saudi Arabia embarks on an ambitious transformation to become a global hub for advanced technology and manufacturing under Vision 2030, Fastech is positioned as a pivotal enabler. Olwan highlights, “Our expertise in motion control systems—including closed-loop and open-loop stepping solutions, as well as field network integration—aligns seamlessly with the Kingdom’s push toward automation, smart factories, and industrial digitalization.”
With Saudi Arabia experiencing a significant surge in industrial investments, Fastech provides the essential technological backbone. By delivering scalable, high-precision automation solutions, they empower local manufacturers to dramatically enhance productivity, reduce operational costs, and meet stringent global quality standards. Beyond technology, Fastech is deeply committed to fostering local talent, implementing training programs and collaborations to equip the Saudi workforce with the skills crucial for the Fourth Industrial Revolution. Their vision extends beyond immediate support, aiming to lay a sustainable foundation for a technologically advanced future within the Kingdom.
The Relentless Pursuit of Innovation
At the heart of Fastech’s success lies its unwavering commitment to innovation. For Olwan, innovation is more than a buzzword; it’s “the relentless pursuit of improvement and the courage to challenge the status quo.” It’s about perceiving opportunities where others see obstacles and transforming abstract ideas into tangible, progress-driving solutions.
Fastech cultivates this spirit through an open and collaborative culture. They champion open communication and value diverse perspectives, believing that every team member contributes valuable insights. Regular brainstorming sessions and cross-functional collaborations ensure a free flow of ideas across all organizational levels. Furthermore, continuous learning and development are paramount, with the team gaining access to the latest tools and technologies. This environment, which embraces experimentation and learning from failures, empowers employees to take calculated risks and drive innovation forward, solidifying Fastech’s position as a leader in cutting-edge motion control solutions.
A Leader’s Evolving Blueprint
Olwan’s leadership style is deeply rooted in servant leadership—prioritizing the growth and well-being of his team and organization. In the early days of Fastech, I was deeply involved in every facet of the business, from product development to client relations. As the company expanded, I recognized the importance of transitioning from a hands-on approach to empowering others, fostering a culture of trust, accountability, and continuous learning.
To maintain focus and strategic clarity, Olwan adheres to a disciplined daily routine. Mornings are dedicated to personal reflection and goal-setting, ensuring his actions align with Fastech’s broader vision. He allocates specific time for deep work sessions, minimizing distractions to tackle high-priority tasks. Regular check-ins with his team ensure seamless communication and departmental alignment. His inspiration stems from continuous learning—whether through reading, attending industry events, or engaging with mentors. Through these habits, he strives to lead with clarity, adaptability, and purpose, effectively guiding Fastech through the ever-evolving landscape of technology and manufacturing.
Charting the Future
Looking ahead five to ten years, Olwan’s aspirations are grand. As an entrepreneur, he envisions Fastech at the absolute forefront of innovation in motion control and automation technologies, significantly expanding its global footprint, particularly in burgeoning emerging markets. Their expertise in closed-loop stepping systems and field network solutions will be leveraged to provide cutting-edge, reliable, and efficient solutions across diverse industries.
For Fastech, the goal is to become the leading provider of total motion control solutions, renowned for its unwavering commitment to quality, innovation, and customer satisfaction. This includes substantial investment in research and development to stay ahead of technological advancements and set new industry standards. Strategic partnerships and collaborations will be key to unlocking new markets and applications. In alignment with global trends towards smart manufacturing and Industry 4.0, Fastech is dedicated to transforming industries through intelligent automation, empowering businesses worldwide to achieve higher productivity, efficiency, and competitiveness.
The Power of Your Circle
For young entrepreneurs seeking guidance, Olwan offers a profound piece of advice: “Surround yourself with people who challenge you to grow.” He reflects on his early journey, where his focus was heavily on execution—building, selling, and delivering. But I underestimated how much the right mentors, collaborators, and even competitors can accelerate your development. The people you choose to learn from and build with will shape your mindset, your resilience, and your standards.
Entrepreneurship, he asserts, is not a solitary pursuit but a collective endeavor where your network becomes your sounding board, your safety net, and your source of inspiration. Whether it’s a mentor who offers tough love, a teammate who brings a fresh perspective, or a peer who shares your ambition, these relationships are invaluable. His message to aspiring entrepreneurs is clear: “Invest in relationships as much as you invest in your product. Seek out those who will push you to be better, and be open to learning from every interaction. In the long run, it’s the people around you who will help you navigate challenges and celebrate successes.”