Oracle building major cloud data centres in the UAE, Saudi Arabia

Oracle building major cloud data centres in the UAE, Saudi Arabia

Digital transformation has been a buzzword in the GCC for some years now. And while most regional governments have been walking the talk, the pandemic this year has hastened the need for technological deployment across the board - for public and private sector entities.

With data emerging as the most valuable commodity in this new digitally driven economy, the need for secure cloud infrastructure has escalated.

There has been an explosion in public cloud spending across the GCC with the cloud now one of the fastest-growing segments within IT, expanding at a compound annual growth rate (CAGR) of over 25 per cent, according to data from tech consultancy IDC. The research firm predicts that by 2025, cloud spending by public and private organisations is going to reach $2.5bn. Behind this momentum