https://arab.news/nna2q
RIYADH: Technology firm Oracle Corp. has officially made its second public cloud region in Riyadh available to clients, offering services for application modernization, data analytics, and artificial intelligence innovation.
The launch is part of a $1.5 billion investment to enhance Saudi Arabia’s digital infrastructure.
The Riyadh cloud region will provide the Kingdom’s public and private sector organizations access to Oracle Cloud Infrastructure, allowing them to upgrade applications.
Riyadh is the second of Oracle’s cloud regions in Saudi Arabia. AN
In an interview with Arab News, Oracle’s Senior Vice President of Technology Cloud in the Middle East and Africa, Nick Redshaw, highlighted that the increasing usage and demand for virtual services have continued to grow. As a result, the existing infrastructure in Jeddah wasn’t sufficient, leading to the need for a second region.
This expansion is part of the firm’s distributed cloud strategy and follows the earlier establishment of a region in Jeddah, as well as previously announced plans for another in NEOM.
“We’d always anticipated the three regions. There was a shift. It was originally NEOM was the second region, Riyadh came on live online sooner. The third region is still planned to be NEOM at the moment, probably toward the end of this year, early next year,” Redshaw said.
The initiative is anticipated to significantly contribute to the Kingdom’s AI economy, which is projected to reach $135.2 billion by 2030.