Search SaudiArabiaPR.com

Home >> Technology

Oracle Supports Saudi Vision 2030 with New Innovation Hub Dedicated to Accelerate Digital Transformation

Oracle Supports Saudi Vision 2030 with New Innovation Hub Dedicated to Accelerate Digital Transformation

Tuesday, April 30, 2019/ Editor -  

Share

Home >> Technology

State of the Art Facility will Prepare Next Gen Saudi Students for the Digital Economy and support Public Sector Entities Deliver Smart Government Services   

Riyadh, Saudi Arabia, 30 April 2019:   In line with its commitment to support the Ministry of Communications and Information technology’s strategic objectives to drive the implementation of Saudi Vision 2030, Oracle today announced the opening of its first innovation hub in Saudi Arabia. The new hub is dedicated to driving the implementation of latest digital technologies including Artificial Intelligence; Blockchain; Machine Learning; Internet of Things (IoT) across the country’s public sector, corporate entities and academia.

Located at Oracle’s Riyadh office, the new innovation hub was inaugurated by His Excellency Vice Minister of Communications and Information Technology Eng. Haitham Abdulrahman Al-Ohali at an event that was attended by key dignitaries and executives.

His Excellency Eng. Haitham Abdulrahman Al-Ohali, Vice Minister of Communications and Information Technology said, “Digital transformation is a vital part of the Kingdom's Vision 2030. We live in an age where data is the ‘new oil’ and given the rapid global economic changes that are unfolding around us, we are constantly moving ahead to keep Saudi Arabia up to pace with the fourth industrial revolution”. He added: 'There is no doubt that spreading the culture of digital transformation will enhance the growth and development of the Kingdom and will enable Saudis to harvest the opportunities and benefits that come with it in the near future”.

His Excellency Eng. Haytham Abdulrahman AlOhali stressed, “A digital Saudi Arabia can only be created through seamless collaboration amongst all stakeholders. We welcome Oracle’s initiative to establish an innovation hub in Riyadh to support our vision and enable the country’s tech entrepreneurs to enter the digital economy”. 

The new innovation hub will also act as a platform for Oracle customers, partners and other stakeholders to better understand the potential of emerging technologies and co-create industry specific innovations with top Oracle experts.

“Digital transformation is at the heart of strategic government programs like the Vision 2030 and NTP 2020, as digital solutions are helping create an automated infrastructure for the implementation of these initiatives”, said Abdul Rahman Al Thehaiban, Senior Vice President – Technology, MEA & CEE, Oracle. “Organisations in Saudi Arabia now understand the importance of digital transformation and this is reflected in IDC’s ICT spend estimate of 35 billion USD in Saudi Arabia . Oracle’s innovation hub will help raise awareness levels of key stakeholders, encourage an innovative approach and also support the skills development of next generation of Saudi leaders”.

“Oracle’s innovation hub in Riyadh will serve as the ultimate platform for experimentation and implementation of digital technologies in Saudi Arabia”, said Fahad Al Turief, Country Leader, Oracle Saudi Arabia. “The launch of this new hub, announcement of a new data centre in Saudi Arabia and a host of training programs with leading Saudi universities and start up hubs are solid evidence of Oracle’s commitment to continuously invest in enhancing our local capabilities in Saudi Arabia”.

Oracle has been present in Saudi Arabia for nearly three decades and its digital solutions have been instrumental in driving digital transformation across the country’s public and private sector.

Leading Saudi organisations including Saudi Telecom Company (STC); Umm Al Qura University; Nahdi Medical; Zahran Holdings; Riyadh Metro; Bab Rizq Jameel; Fitaihi Holding Group are some of the Saudi organisations driving digital transformation with Oracle.


Previous in Technology

Next in Technology


Home >> Technology Section

Latest Press Release

Inventive, Futuristic and Daring Translucent is a Distinguished Milestone for Po ...

Millennium & Copthorne Makkah Al Naseem appoint Haitham Effat as Cluster Directo ...

M Hotel Makkah by Millennium scoops the “Best Value Luxury Hotel Award”

Prince Bandar Gathers His Saudi Cup Team in Saratoga

The World's Richest Horse Race to run in Saudi Arabia

Residents in the UAE and KSA say their favourite childhood memories are from fam ...

Blueair Strengthens its Presence in Saudi Arabia

Ministry of Communication & IT Supporting Saudi Emerging Technologies Forum

Star Alliance members, Turkish Airlines and LOT Polish Airlines expanded their c ...

Millennium & Copthorne Makkah Al Naseem host 5,000 pilgrims sponsored by the cus ...

Versus Mouffetard

National Identification Number enrolment centre opens for Nigerians residing in ...

Experience the true hospitality at the heart of Madinah

Silah Gulf is Official Customer Experience Partner of the Saudi Emerging Technol ...

Three words that could save your life: Saudi Red Crescent Authority roll out wha ...

HE the President of the General Authority of Civil Aviation (GACA) presents the ...

Saudi Arabia's real estate market set to benefit from major projects aimed at pr ...

ISO certificate awarded to Al Masjed Al Nabawi nearest hotel

dnata's DUBZ checks in passengers for flights in The Dubai Mall

Emirates NBD plans further expansion in KSA