July 22, 2024

Cloud Computing in KSA- the Present and Future

Cloud Computing

Cloud Computing

Last Updated on November 9, 2023 by newseditor

The exponential growth of data, doubling every two years, has made information processing and analysis tools and storage technologies essential for any country with a comprehensive digital transformation strategy. This is also true of Saudi Arabia, where a dynamic IT community is helping to facilitate and speed up the Kingdom’s digital transformation through its widespread use of cloud computing. The Saudi Arabian cloud services market was worth USD 2554.20 million in 2021, and according to Mordor Intelligence, should grow at a CAGR of 16.70% between 2022 and 2027.

A Cloud Computing Revolution Is Advancing KSA

Saudi Arabia plans to invest in new forms of ICT, and cloud computing is one of the most promising of these. To advance the Saudi government’s 2030 vision and create more economic opportunities, the use of cutting-edge ICTs is crucial. Digitalizing government processes is a primary goal of Saudi Arabia’s Vision 2030. A cloud-first strategy enhances service quality, lowers the total cost of ownership, strengthens cybersecurity, and facilitates interoperability with other entities. Several initiatives in Saudi Arabia aim to increase the use of cloud computing throughout the country.

Saudi Cloud Computing Co. launched its services in the Kingdom in June of last year after selecting Riyadh as a regional hub for Alibaba Cloud operations in the Middle East. The company announced the opening of two data centers in Riyadh as part of a total of 16 in Saudi Arabia. The newly launched data centers provide various cloud computing solutions to meet the demands of industries such as retail, fintech, and the internet. Also, future-forward NEOM, a megacity, is being constructed in Saudi Arabia. They announced Oracle the first tenant of NEOM Tech’s data center. The data center hosts the Oracle Cloud Infrastructure, which provides a high-performance, resilient foundation for cloud services.

The agenda for the KSA Hybrid Cloud & Cybersecurity Summit was also made, to give the region high-performance cloud services to meet the region’s growing demand. It plans to reach these goals by giving the region the most cutting-edge new technologies. All of this shows, among other things, that KSA is serious about improving the way cloud computing is used in the country.

Saudi Arabia’s growing SME sector has begun turning to the cloud for its IT infrastructure and resource management needs. QuantAlign Research found that more than a quarter of businesses intend to deploy a hybrid cloud strategy. This one will make use of both public cloud services and in-house infrastructure. Experts say that the Saudi government’s “cloud-first” objective would also increase the country’s access to global cloud service providers. This will increase the country’s ability to innovate, foster a culture of agility, attract investments, and set clear data regulations. Since cloud technology is constantly progressing, it will be fascinating to see what other factors in Saudi Arabia ultimately fuel further growth of the cloud sector.

Takeaways

The Kingdom of Saudi Arabia is the leading Cloud-Data Hub in the MENA region due to its ICT readiness and Cloud Computing. The KSA Leaders recognize that the adoption of cloud computing is the key to economic growth. As a result, they have enabled the provision of more diverse services while simultaneously bolstering data privacy protection.

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