Oracle opens tech hub in Saudi Arabia
Riyadh-based facility to demonstrate latest Oracle products in AI, blockchain, and IoT
Oracle has opened its first ‘innovation hub’ in Saudi Arabia, dedicated to showcasing its 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 facility 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.
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”.
“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,” HE Al-Ohali added.
Oracle has been present in Saudi Arabia for nearly three decades, counting Saudi companies such as Saudi Telecom Company (STC); Umm Al Qura University; Nahdi Medical; Zahran Holdings; Riyadh Metro; Bab Rizq Jameel; Fitaihi Holding Group among its customers.
“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”.