Oracle Corp. Boosts Saudi Arabia’s Digital Infrastructure with New Cloud Region in Riyadh
Oracle Corp. has made a bold move by launching its second public cloud region in Riyadh, as part of a massive $1.5 billion investment in Saudi Arabia’s digital landscape.
Empowering Innovation and Modernization
The new Riyadh cloud region will provide a platform for both public and private sector organizations in the Kingdom to access Oracle Cloud Infrastructure, enabling them to revamp applications and drive innovation through data, analytics, and artificial intelligence.
Contributing to Saudi Arabia’s AI Economy
This strategic initiative is expected to play a significant role in boosting Saudi Arabia’s AI economy, which is forecasted to hit $135.2 billion by 2030.
Expanding Oracle’s Cloud Footprint
Oracle’s foray into Riyadh is in line with its distributed cloud strategy, following the establishment of a cloud region in Jeddah and plans for another in NEOM. This expansion aims to strengthen Saudi Arabia’s digital economy and foster technological advancement.
Paving the Way for Digital Transformation
The Vice Minister at the Ministry of Communications and Information Technology, Haytham Al-Ohali, highlighted the significance of Oracle’s new cloud region in Riyadh, emphasizing the Kingdom’s commitment to innovation and modern technologies.
Accelerating Adoption of Cloud and AI Technologies
Richard Smith, Executive Vice President of EMEA Cloud Infrastructure at Oracle, expressed Oracle’s dedication to helping Saudi Arabia become a global leader in digital economies. The Oracle Cloud Riyadh Region is set to drive innovation and facilitate the adoption of cloud and AI technologies across various sectors.
Enhancing Data Sovereignty and Compliance
The new cloud region in Riyadh, hosted by Center3, will offer advanced capabilities such as low-latency access to cloud services, backup and disaster recovery, and sovereign AI features. This will enable organizations to comply with local data regulations and ensure AI sovereignty.
Fostering Technological Innovation
CEO of Center3, Fahad AlHajjeri, emphasized the role of Oracle’s cloud regions in Saudi Arabia in advancing the digital economy and promoting technological innovation. The initiative is expected to empower businesses and drive digital transformation across the country.
Driving Efficiency and Compliance
Jyoti Lalchandani, Regional Managing Director of IDC, underlined the importance of Oracle’s cloud expansion in Saudi Arabia, especially in enabling companies to leverage AI capabilities efficiently. Local cloud infrastructure will ensure faster data processing, enhanced security, and compliance with national regulations, facilitating innovation and growth.