Cloud computing is proliferating in the Middle East as many organisations are moving their processes and data to the cloud. The region is undergoing economic transformations; more countries are implementing smart city initiatives and updating their national visions while improving their digital economies. Gartner estimates that end-user expenditure on public cloud services in the Middle East and North Africa (MENA) region will reach $5.7bn in 2022.
Major cloud players, like Oracle, have also demonstrated their commitment to the region with massive investments to enable organisations of all sizes to achieve strategic objectives through digital transformation. The cloud provider has launched its cloud regions in Jeddah and Dubai in 2020, Abu Dhabi in 2021, besides also announcing NEOM as the location of its second cloud region in Saudi Arabia taking the total count of its cloud regions to four in the Middle East. Oracle aims to launch 44 cloud regions globally by the end of 2022.
One of the most sought after benefits of moving to the cloud, not surprisingly, is cost reduction. These significant cost savings are channeled back into the local economy, thus making an important contribution to national digital economy.
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