SAP (the first international software provider to launch a public cloud hub in Saudi Arabia by end of 2017) announced a plan to launch the SAP Cloud Hub in collaboration with the Saudi Ministry of Communication and Information Technology, to support the acceleration of Saudi Vision 2030 and meet the Kingdom’s digital transformation goals,witnessed by Saudi Arabia’s King Salman and German Chancellor Angela Merkel.
The investment of $75 million (SR285 million) will happen over a period of four years, and the SAP Cloud Hub will comprise of four key pillars, which includes: the establishment of a public cloud data center in Saudi Arabia, an open platform for local developers, a co-innovation center to support Saudi startups and customers from both large enterprises and small to medium sized enterprises, and further localization of SAP solutions to support Saudi’s economic diversification goals and government investment.
Deema Al-Yahya, acting head of the National Digitization Office said: “Saudi’s public and private sector organizations need to adopt latest technology innovations to enable new digital business models and enhance the Kingdom’s economic competitiveness. In a digital economy era, more public-private partnerships and co-innovation are crucial to fuel a diversified economy and spark the next wave of Saudi talent and entrepreneurship,”
For more information click here
SAP’s invests $75 million to support Saudi Vision 2030
