Mumtalakat eyes 50% reduction in costs as it closes its onsite and offsite data centres in Gulf kingdom
Bahrain's sovereign wealth fund has announced the migration of the company’s IT infrastructure to the Amazon Web Services (AWS) cloud and the closure of its onsite and offsite data centres.
Bahrain Mumtalakat Holding Company, better known as Mumtalakat, is the first government-owned company in Bahrain to fully migrate all its technology infrastructure as part of its digitization plans and in line with the Government of Bahrain’s Cloud First Policy.
The company said it also aims to lead by example in using cloud computing services in order to reduce costs and increase security and productivity.
It added in a statement that the migration to the AWS cloud is expected to lead to a reduction in costs by more than 50 percent as data backup, storage and security costs are cut.
The migration also allows the company to run its servers anywhere in the world, significantly reducing the need to maintain and upgrade hardware and providing a variety of improved security products at a lower cost while increasing productivity.
AWS announced plans for the first Middle East infrastructure region in the Gulf kingdom in September 2017, which will consist of three zones once launched in early 2019 and will give AWS customers and partners across the region the ability to run their workloads and store their data in the Middle East with lower latency.
Mahmood H Alkooheji, CEO of Mumtalakat said: “We are proud to be the first company in Bahrain to migrate our entire IT infrastructure from legacy systems to the cloud-based offering of AWS. Increased operational efficiency and security are integral components of our digital strategy.”
According to AWS, companies report an improvement of 30-50 percent in workforce productivity in organisations following their migration to cloud services. Today, AWS provides 55 zones within 18 geographic infrastructure regions worldwide.