As the Saudi ICT market tops SAR 127 billion, cloud investment will fast-track Saudi Vision 2030 goals and Smart Cities growth, according to the newly-appointed Managing Director of Saudi Arabia, SAP.
Cloud investment is gathering momentum, with Saudi organizations increasing software spend by 5.5 percent, increasing the Saudi ICT market to SAR 127 billion, according to a recent report by IDC. SAP supports cloud adoption with the recent go-live of the SAP Public Cloud Data Center in the Kingdom.
Major cloud opportunities include supporting Saudi Vision 2030 nationwide digital transformation, and the development of NEOM, one of the world\u2019s largest and most innovative Smart Cities backed by USD 500 billion in investment in foundational technologies across sustainability, connectivity, and mobility.
\u201cThe time is now for cloud, with every Saudi industry vertical investing in the cloud. Our SAP Public Cloud Data Center is the \u2018rocket fuel\u2019 that will enable business competitiveness, Saudi Vision 2030\u2019s nationwide digital transformation, and the growth of Smart Cities led by NEOM,\u201d said Khaled Alsaleh, Managing Director, SAP Saudi Arabia. \u201cSaudi organizations are seeing strong success in using the cloud for delivering real-time digital business models that can be scaled up as organizations expand.\u201d
As part of its commitment to the Kingdom, SAP is making strong progress on its 4-year SAR 285 million investment plan. The company aims to grow Saudi adoption of cloud-based innovations such as artificial intelligence, blockchain, machine learning, and the Internet of Things, which run on the SAP HANA in-memory platform and SAP S\/4HANA real-time business suite.
To further underscore its commitment to the Kingdom, SAP has announced Riyadh as its regional headquarters for Middle East North, led by Ahmed Al-Faifi as Managing Director of the region, and Khaled Alsaleh as Managing Director for the company in Saudi Arabia.
\u201cKhaled Alsaleh has the proven leadership skills and the in-depth Saudi experience,\u201d said Ahmed Al-Faifi, Senior Vice President and Managing Director, SAP Middle East North. \u201cWe are dedicated to expanding our Saudi investment plan, channel partner ecosystem, and corporate social responsibility initiatives to deliver new digital business models, support economic growth, and foster job creation for Saudi youth to further support the Saudi Vision 2030.\u201d
Khaled Alsaleh has over 18 years of experience in the region\u2019s technology sector. Previously, he served as the Regional Director of Middle East and Africa at Hewlett Packard Enterprise.<\/p>\n","protected":false},"excerpt":{"rendered":"
As the Saudi ICT market tops SAR 127 billion, cloud investment will fast-track Saudi Vision 2030 goals and Smart Cities growth, according to the newly-appointed Managing Director of Saudi Arabia, SAP. Cloud investment is gathering momentum, with Saudi organizations increasing software spend by 5.5 percent, increasing the Saudi ICT market to SAR 127 billion, according […]<\/p>\n","protected":false},"author":17,"featured_media":7913,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_yoast_wpseo_meta-robots-noindex":"","_et_pb_use_builder":"","_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":24,"_extra_hide_author_box":"","_extra_featured_post":"","_partner_post_id":0,"footnotes":""},"categories":[24],"tags":[],"class_list":["post-7914","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy","et-has-post-format-content","et_post_format-et-post-format-standard"],"yoast_head":"\n