Oracle has announced the opening of its second public cloud region in Saudi Arabia as it targets the Kingdom’s $135bn AI economy.
The new Riyadh cloud region will help public and private sector organisations migrate all types of workloads to Oracle Cloud Infrastructure (OCI), giving them access to a wide range of cloud services to modernise their applications and innovate with data, analytics, and AI. Center3 is the host partner for the new Oracle Cloud Riyadh Region.
Part of Oracle’s distributed cloud strategy and Oracle’s $1.5bn investment to expand cloud infrastructure capabilities in the Kingdom, the new region will help boost the Kingdom’s AI economy, which is expected to reach $135.2bn by 2030.
Oracle targets $135bn
The Oracle Cloud Riyadh Region joins the existing Oracle Cloud Jeddah Region and the planned Oracle Cloud Region in NEOM to extend Oracle’s footprint in Saudi Arabia.
Eng. Haytham Alohali, vice minister, the Ministry of Communications and Information Technology, said: “The opening of Oracle’s new cloud region in Riyadh reflects the Kingdom’s continuous efforts in boosting the digital economy based on modern technologies and innovation.
“This step will significantly enable international and local companies to achieve innovation and promote the adoption of AI and cloud computing technologies in various sectors, which enhances Saudi Arabia’s competitiveness at the regional and international level.”
Richard Smith, executive vice president and general manager, EMEA Cloud Infrastructure, Oracle, said: “With the rapid expansion of our cloud footprint in Saudi Arabia, Oracle is committed to helping the country achieve its goal of developing one of the strongest digital economies in the world.
“As part of our wider investment in cloud capabilities in Saudi Arabia, the Oracle Cloud Riyadh Region will help accelerate adoption of cloud and AI technologies to boost innovation across all sectors of the Saudi economy, while helping organizations addressing local data hosting requirements.”
Fahad Alhajeri, chief executive officer, center3, said: “We are thrilled to collaborate with Oracle as they expand their cloud infrastructure in Saudi Arabia with the new Riyadh cloud region”.
“This strategic initiative delivers on our shared vision of fostering technological innovation and advancing the digital economy of the Kingdom. Oracle’s cloud regions in Saudi Arabia will play an important role in enhancing data sovereignty, driving digital transformation, and empowering businesses across the country to achieve greater agility and growth.”
“This strategic move not only supports the Kingdom’s vision to leverage artificial intelligence to drive digital transformation, but also empowers companies to harness the full potential of AI, driving competitive advantage and creating local value and growth in the Kingdom.”
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