Business Insights
Zoom and Amazon Bolster Tech Presence in Saudi Arabia
In a significant boost to Saudi Arabia’s tech landscape, Zoom and Amazon have unveiled expansion and investment initiatives in the Kingdom, aligning with the objectives of Saudi Vision 2030 aimed at driving digital transformation.
Amazon Web Services (AWS) Investment
Amazon Web Services (AWS) has announced a substantial investment of $5.3 billion (Dh19.4 billion) to establish data centers in Saudi Arabia. This strategic move underscores AWS’s commitment to enhancing data infrastructure in the region, enabling businesses to execute workloads and securely store customer content within the Kingdom. The investment is poised to provide high-speed access to users and augment the existing global network of AWS availability zones, fostering innovation and technological advancement.
Zoom’s New Services
Zoom, a leading provider of video communication solutions, unveiled three new services tailored for the Saudi market: Zoom AI Companion, Zoom Phone, and Zoom Contact Centre. These innovative offerings cater to the evolving needs of Saudi businesses, facilitating seamless communication and collaboration. Zoom’s commitment to local data residency ensures compliance with regional regulations and supports Saudi Arabia’s digital transformation agenda outlined in Vision 2030.
Empowering Digital Transformation
Aparna Bawa, COO of Zoom, emphasized the company’s dedication to supporting Saudi Arabia’s ambitious Vision 2030 program, which prioritizes social, economic, and digital transformation. The introduction of Zoom AI Companion, Zoom Phone, and Zoom Contact Centre reflects Zoom’s commitment to empowering businesses with cutting-edge technologies that drive productivity and connectivity.
Cloud Computing Market Growth
The expansion initiatives by Zoom and AWS underscore the growing prominence of Saudi Arabia in the global tech landscape. With annual spending on public cloud services projected to reach $2.5 billion by 2026, the Kingdom is poised for substantial growth in the cloud computing market. The establishment of data centers and the introduction of innovative services by leading tech companies signal Saudi Arabia’s emergence as a key player in the digital economy.
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