{"id":26356,"date":"2021-07-08T12:10:00","date_gmt":"2021-07-08T09:10:00","guid":{"rendered":"https:\/\/saudishopper.com.sa\/en\/?p=26356"},"modified":"2026-03-27T22:50:11","modified_gmt":"2026-03-27T19:50:11","slug":"saudi-arabias-tourism-development-fund-deploys-cloud-first-strategy-with-oracle-to-better-enable-the-kingdoms-tourism-industry","status":"publish","type":"post","link":"https:\/\/saudishopper.com.sa\/en\/saudi-arabias-tourism-development-fund-deploys-cloud-first-strategy-with-oracle-to-better-enable-the-kingdoms-tourism-industry\/","title":{"rendered":"Saudi Arabia\u2019s Tourism Development Fund Deploys \u2018Cloud First\u2019 Strategy with Oracle to Better Enable the Kingdom\u2019s Tourism Industry"},"content":{"rendered":"\n<p class=\"has-text-align-center wp-block-paragraph\"><em>A full suite of Oracle cloud infrastructure solutions and Oracle Fusion Cloud Applications will contribute to enhancing the financial support provided by the Fund for companies promoting tourism in Saudi Arabia<\/em><\/p>\n\n\n\n<p class=\"has-text-align-center wp-block-paragraph\"><em>Pilot project initiated to incorporate Artificial Intelligence capabilities to enhance\u00a0customer and employee experience<\/em><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Riyadh, Saudi Arabia, 8 July 2021&nbsp;\u2013&nbsp;&nbsp;Oracle today announced that Tourism Development Fund (TDF) has completed a major Oracle Cloud&nbsp;implementation supporting the organization\u2019s objective in enabling investors and drive the development of Saudi\u2019s tourism sector<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>With a capital of USD 4 billion, TDF aims to be the key enabler of tourism development in the Kingdom. By providing financing solutions for investors, TDF aims to drive the development of distinguished tourism projects in various regions of the Kingdom, thereby accelerating the National Tourism Strategy\u2019s goal of raising the tourism sector\u2019s contribution from 3% to 10% by 2030 and creating 1 million new jobs by 2030.<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>The implementation, which spans&nbsp;Oracle Software as a Service (SaaS), Platform as a Service (PaaS) and Infrastructure as a Service (IaaS) cloud solutions, is designed to drive automation and integration of TDF\u2019s core functions including core banking, finance, human resources and procurement.<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>By implementing a \u201cCloud First\u201d strategy, TDF is driving data integration and unified business processes across its core functions, resulting in a number of benefits such as increased productivity, reduced costs, and improved controls. Streamlined operations and enhanced connectivity will better position TDF to enable the investors driving the development of Saudi\u2019s tourism sector.<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Yasser Alkhathlan, Executive Director Business Technology of TDF, said: \u201cThe Oracle Cloud implementation is key to our success, enabling us to respond quickly and transparently to businesses that operate in the tourism ecosystem. The integration and automation of core business functions also allows us to scale our operations quickly and securely, introduce innovative solutions to support tourism sector SMEs, and monitor the performance of our fund in real time. We are now also running a pilot project with Oracle to explore the implementation of Artificial Intelligence capabilities to drive further automation and deliver an unmatched customer and employee experience.\u201d<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>He continued: \u201cWe also have confidence in Oracle\u2019s services given&nbsp;that their next generation cloud region is in Jeddah, and that&nbsp;Oracle is also a certified Level 1 cloud provider, as defined by the Communications and Information Technology Commission (CITC) in Saudi Arabia. Since&nbsp;its cloud solutions are hosted in the country, they are&nbsp;aligned&nbsp;with the Kingdom\u2019s Cloud Computing Regulatory Framework (CCRF) and compliant with the National Cybersecurity Authority (NCA) security models.\u201d<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>The Oracle Cloud implementation includes the migration of core IT systems to&nbsp;Oracle Cloud Infrastructure&nbsp;and the implementation of&nbsp;Oracle Fusion Cloud Enterprise Resource Planning (ERP),&nbsp;Oracle Fusion Cloud Enterprise Performance Management (EPM),&nbsp;Oracle Fusion Cloud Human Capital Management (HCM).&nbsp;Oracle Fusion Cloud Customer Experience (CX)&nbsp;and&nbsp;Oracle Integration Cloud.<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Fahad Al Turief, Managing Director \u2013 Oracle Saudi Arabia and Vice President \u2013 Cloud, Saudi Arabia and LEENA markets, said:&nbsp;\u201cWith this end-to-end implementation, TDF is realizing all the benefits of cloud including lower total cost of ownership, improved agility and secure performance, access to upgrades, and the ability to continuously innovate. TDF is a true catalyst for Saudi Arabia\u2019s tourism sector and with this initiative, the organization now has access to a connected business platform that will result in further enhanced operations.\u201d<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>A full suite of Oracle cloud infrastructure solutions and Oracle Fusion Cloud Applications will contribute to enhancing the financial support provided by the Fund for companies promoting tourism in Saudi Arabia Pilot project initiated to incorporate Artificial Intelligence capabilities to enhance\u00a0customer and employee experience Riyadh, Saudi Arabia, 8 July 2021&nbsp;\u2013&nbsp;&nbsp;Oracle today announced that Tourism Development [&hellip;]<\/p>\n","protected":false},"author":17,"featured_media":26357,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_yoast_wpseo_meta-robots-noindex":"","_et_pb_use_builder":"off","_et_pb_old_content":"","_et_gb_content_width":"","_pr_autopilot_social_copy":"","_yoast_wpseo_opengraph_title":"","_yoast_wpseo_opengraph_description":"","_yoast_wpseo_opengraph_image":"","_yoast_wpseo_opengraph_image_id":0,"_yoast_wpseo_twitter_title":"","_yoast_wpseo_twitter_description":"","_yoast_wpseo_twitter_image":"","_yoast_wpseo_twitter_image_id":0,"_yoast_wpseo_primary_category":516,"_extra_hide_author_box":"","_extra_featured_post":"0","_partner_post_id":0,"footnotes":""},"categories":[442,446,516],"tags":[],"class_list":["post-26356","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-apps","category-computers","category-tourism","et-has-post-format-content","et_post_format-et-post-format-standard"],"yoast_head":"<!-- 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