UAE Business: Microsoft Cloud to add $39bn to UAE economy – Gulf Digital News

UAE Business: Microsoft Cloud to add $39bn to UAE economy – Gulf Digital News

The Microsoft Cloud will generate about $39 billion over four years and create close to 100,000 jobs in the UAE, according to an International Data Corporation (IDC) study released at Gitex Global 2022 in Dubai World Trade Centre.

The IDC Infosnapshot, sponsored by Microsoft, “Microsoft Cloud Dividend Snapshot” for the UAE shows that between now and 2026, the four-year accumulated total for new revenue from the Microsoft Cloud will be $39 billion, with 16.6% accumulated benefit emanating from its cloud data centre regions in Abu Dhabi and Dubai. This revenue will be generated by the Microsoft Cloud ecosystem, made up of Microsoft, its partners, and its cloud customers.

“IDC’s findings are confirmation that Microsoft’s efforts to support the government, business community, citizens, and residents of the UAE are bearing fruit,” said Naim Yazbeck, General Manager, Microsoft UAE. “Since we opened our Abu Dhabi and Dubai data centres in 2019, the trusted, versatile, flexible Microsoft Cloud has been driving investment in economies, the creation of jobs, a reduction in carbon emissions, and progress in sustainability. IDC’s snapshot is a projection of how our continued efforts will bring further successes for the communities we serve.”

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Customers and partners benefitting from the Microsoft Cloud