a strategic partnership has been established by STC Saudi Arabia and Alibaba Group, the technology giant in China, with investments of billions of dollars, to provide high-performance public cloud services in the Kingdom .
According to Arabianet, this partnership includes choosing the capital, Riyadh, as a regional center for management and training for the Chinese group in the region.
This partnership, led by the Saudi Federation for Cybersecurity, Programming and Drones, comes within the framework of supporting the country's digital transformation system, in light of Vision 2030, which aims to build a strong digital economy Enabling bold capital in innovative investments that provide the best solutions according to the highest international practices.
Faisal Al-Khamisi, Chairman of the Board of Directors of the Saudi Federation for Cybersecurity, Programming and Drones explained: This partnership is a strategy for the Kingdom and essential to support the ambitious digital infrastructure, indicating that cloud computing is a cornerstone and foundation In developing any digital infrastructure in any country in the world. From this standpoint, we were keen to complete this partnership and to see the light before the end of 2021.
In turn, Eng. Nasser Al-Nasser, CEO of STC Group, considered the partnership with Alibaba Cloud a great achievement in the efforts to achieve Vision 2030, indicating that both parties committed to paying investments , Estimated totaling $ 1 billion, at $ 500 million each. The Chinese tech giant is usually a trusted partner in the field of cloud services.
Alibaba Cloud is one of the best cloud service providers in the world. The public cloud services, which it will provide within the framework of the current partnership in the Kingdom, will include the latest developments in the public cloud platform used to support the business of the Alibaba Group, while advancing the digitization of local institutions and small companies to higher levels, according to the Middle East.
and cloud computing is a major enabler for digital transformation and an essential tributary to building a strong digital economy, and this new investment comes after the Kingdom's adoption of policies and legislation that stimulate investment in the cloud computing sector, such as computing policy Cloud is first, an indication of the robustness of the Kingdom's digital infrastructure and the evolution of the regulatory and business environment. The impact of the qualitative leaps achieved by the Kingdom in international digital indicators were also reflected in investor confidence. Cloud computing will drive innovation and provide creative platforms for entrepreneurs to enter the market in the fastest time and at the lowest costs.
It is noteworthy that the initiatives adopted by Saudi Arabia within the framework of Vision 2030 achieved important numbers that placed the Kingdom as the highest country in the world in terms of speed of progress in the ranking of the digital infrastructure index, where it advanced The Kingdom has 40 places, ranking 8 among the Group of Twenty countries in the 2020 report issued by the United Nations to measure the development of e-government.
This comes after the Saudi Authority for Data and Artificial Intelligence Sadaa signed a memorandum of understanding last October, with Alibaba Cloud Computing with the aim of establishing a strategic partnership to lead innovation in the field. ..
