Businesses and enterprise customers in Saudi Arabia will benefit in a number of ways, both by taking advantage of the digital products offered, and by moving their digital infrastructure onto the cloud. Using cloud services can drastically reduce a company's capital expenditure and operating costs. For example, IT organizations typically spend more than a third of their budget on digital infrastructure including data storage, processing, management, and security.
Switching to a cloud-based infrastructure can deliver significant savings by removing equipment costs, as well as the associated expense of upkeep and energy use. By leveraging the technologies enabled by the cloud—such as data management, smart analytics and AI—companies can enhance security, drive innovation, and increase the speed and agility with which they bring new products and services to market—including responding with greater flexibility to surges in demand.
Boosting the digital economy
The benefits of a Google Cloud region's presence in Saudi Arabia will extend well beyond the individual businesses and organizations that will run their IT infrastructure on it. The introduction of cloud services across both the public and private sectors will create new job opportunities, giving Saudi nationals the chance to develop world-class skills in cloud computing and other technologies.
Aramco has a role to play here too—firstly, by hiring IT and cloud computing specialists and also by establishing, as part of its agreement with Google Cloud, the Center of Excellence (CoE). The center is a digital academy which will provide training and certified qualifications across a range of skills related to digital transformation. This investment in new digital jobs and training will help to develop Saudi Arabia's digital ecosystem as a whole.
Many of the ambitious digital transformation initiatives, underway or planned for the region will depend on heavy computing power and 4IR technologies to make them possible. With the launch of CNTXT, and our agreement with Google Cloud, we'll be helping to accelerate this process by providing a scalable platform to drive digital innovation and transformation.